Welcome to luxury living in the highly sought-after guard-gated Spanish Palms community! This stunning ground-floor condo has been beautifully renovated from top to bottom, offering the perfect blend of style, comfort, and convenience.
Featuring 3 spacious bedrooms and 2 fully updated bathrooms, this move-in-ready home showcases fresh designer paint, new baseboards, luxury vinyl plank flooring, and plush new carpeting throughout. The beautifully redesigned kitchen boasts elegant quartz countertops, brand-new stainless-steel appliances, and flows seamlessly into the open-concept living area highlighted by a cozy fireplace—perfect for relaxing or entertaining.
Retreat to the spacious primary suite complete with a walk-in closet, ceiling fan, and a beautifully remodeled spa-inspired bathroom featuring custom cabinetry and a walk-in shower. An oversized two-car garage with direct access provides exceptional convenience, while the brand-new washer and dryer are available for negotiation.
Ideally located just minutes from the 215 Beltway, shopping, dining, and the airport, this home offers unmatched accessibility. Residents enjoy an impressive collection of resort-style amenities, including sparkling pools, relaxing spas, a fitness center, park, dog park, and beautifully maintained grounds.
Added buyer incentive: The seller is offering to pay one full year of HOA dues with an acceptable offer, providing added value and savings from day one.
This is more than a home—it's a lifestyle. Don't miss the opportunity to own one of the most desirable residences in Spanish Palms.
Active
$308,999
5250 S Rainbow Blvd Unit 1063, Spring Valley, NV 89118
3beds
1,131sqft
Condominium
Built in 1997
-- sqft lot
$304,800 Zestimate®
$273/sqft
$448/mo HOA
What's special
Sparkling poolsFresh designer paintDog parkBeautifully maintained groundsSpacious primary suiteRelaxing spasElegant quartz countertops
- 20 days |
- 144 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Wesley Tool BS.1003050 (702)333-3168,
Realty ONE Group, Inc
Source: LVR,MLS#: 2791075
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Description: Ceiling Fan,Ceiling Light,Walk-In Closet(s)
- Dimensions: 13x12
Bedroom 2
- Description: Closet
- Dimensions: 11x10
Bedroom 3
- Description: Closet
- Dimensions: 10x10
Primary bathroom
- Description: Shower Only
- Dimensions: 8x8
Kitchen
- Description: Garden Window,Granite Countertops,Man Made Woodor Laminate Flooring
- Dimensions: 10x8
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Gas Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
- Laundry: Gas Dryer Hookup, In Garage
Features
- Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
- Flooring: Luxury Vinyl Plank
- Windows: Blinds, Double Pane Windows
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,131
- Total interior livable area: 1,131 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Epoxy Flooring, Garage, Inside Entrance, Open, Private, Guest
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Patio, Sprinkler/Irrigation
- Pool features: Community
- Fencing: None
Lot
- Size: 0.37 Acres
- Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214123
- Zoning description: Multi-Family
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Two Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Tile
Condition
- Resale
- Year built: 1997
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Pool
- Security: Gated Community
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Gated, Playground, Park, Pool, Guard, Spa/Hot Tub
- Services included: Association Management, Recreation Facilities
- HOA fee: $448 monthly
- HOA name: Spanish Palms
- HOA phone: 702-362-6262
Location
- Region: Spring Valley
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $171,460
- Annual tax amount: $1,529
- Date on market: 6/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Lease Option,VA Loan
- Ownership: Condominium
Estimated market value
$304,800
$290,000 - $320,000
$1,706/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $308,999+1.6%$273/sqft |
Source:  LVR #2791075 Report a problem | ||
| 6/16/2026 | Listing removed | $303,990$269/sqft |
Source: LVR #2747711 Report a problem | ||
| 3/2/2026 | Price change | $303,990-1.6%$269/sqft |
Source: LVR #2747711 Report a problem | ||
| 1/14/2026 | Listed for sale | $309,000+4.7%$273/sqft |
Source: LVR #2747711 Report a problem | ||
| 5/24/2024 | Sold | $295,000-3%$261/sqft |
Source: LVR #2529257 Report a problem | ||
| 4/26/2024 | Pending sale | $303,995$269/sqft |
Source: LVR #2529257 Report a problem | ||
| 4/8/2024 | Price change | $303,995-1%$269/sqft |
Source: LVR #2529257 Report a problem | ||
| 3/11/2024 | Price change | $306,995-1%$271/sqft |
Source: LVR #2529257 Report a problem | ||
| 1/17/2024 | Price change | $309,995-1.3%$274/sqft |
Source: LVR #2529257 Report a problem | ||
| 11/28/2023 | Price change | $313,995-0.3%$278/sqft |
Source: LVR #2529257 Report a problem | ||
| 9/28/2023 | Price change | $314,995-1.6%$279/sqft |
Source: LVR #2529257 Report a problem | ||
| 9/21/2023 | Listed for sale | $319,995+14.3%$283/sqft |
Source: LVR #2529257 Report a problem | ||
| 11/24/2021 | Sold | $280,000+0.8%$248/sqft |
Source: LVR #2343902 Report a problem | ||
| 10/26/2021 | Pending sale | $277,900$246/sqft |
Source: LVR #2343902 Report a problem | ||
| 10/22/2021 | Listed for sale | $277,900+11.2%$246/sqft |
Source: LVR #2343902 Report a problem | ||
| 6/19/2020 | Listing removed | $1,325$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/1/2020 | Price change | $1,325-1.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/18/2020 | Listed for rent | $1,350$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 3/29/2007 | Sold | $250,000$221/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,532 +3% | $60,011 -1% |
| 2025 | $1,487 +3% | $60,597 -0.6% |
| 2024 | $1,445 +8% | $60,985 +12.2% |
| 2023 | $1,338 +8% | $54,347 +6.9% |
| 2022 | $1,239 +7.7% | $50,852 +0.3% |
| 2021 | $1,150 +6.7% | $50,677 +1.9% |
| 2020 | $1,077 +4.8% | $49,731 +20.2% |
| 2019 | $1,028 +6.9% | $41,357 |
| 2018 | $962 | $41,357 +1.2% |
| 2017 | $962 | $40,885 +13.2% |
| 2016 | $962 +3.5% | $36,113 +2.5% |
| 2015 | $929 | $35,223 +11.1% |
| 2014 | $929 | $31,706 |
| 2013 | -- | $31,706 +7.5% |
| 2012 | -- | $29,490 -7.6% |
| 2011 | -- | $31,917 -8.5% |
| 2010 | -- | $34,898 -25.6% |
| 2009 | -- | $46,889 |
| 2008 | -- | $46,889 -40.9% |
| 2007 | -- | $79,361 +149.6% |
| 2006 | -- | $31,792 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Spring Valley
Nearby schools
GreatSchools rating
- 7/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Earl, Marion B.,Earl, Marion B.
- Middle: Sawyer Grant
- High: Durango
Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Clark County
- Las Vegas
- 89118
- Spring Valley
- 5250 S Rainbow Blvd Unit 1063
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