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  • $274,500

    5250 S Rainbow Blvd Unit 2003, Spring Valley, NV 89118

    3beds
    1,131sqft
    : 
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    Condominium
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $243/sqft
    $448/mo HOA

    What's special

    Thoughtfully designed floor planFully furnished condominiumIn-unit laundryKitchenaid stainless steel appliancesCozy gas fireplaceDelonghi espresso machineBeautifully remodeled
    Discover resort-style living in this beautifully remodeled, fully furnished condominium located in the highly sought-after guard-gated Spanish Palms community. Perfectly positioned directly across from the community pool and clubhouse, this move-in ready upper-level residence offers the ideal blend of luxury, comfort, and convenience. Featuring 3 bedrooms, 2 bathrooms, and an attached epoxy-coated 2-car garage, the thoughtfully designed floor plan provides spacious living with quality finishes throughout. Step inside to find new luxury vinyl plank flooring, premium travertine tile, granite countertops, and a cozy gas fireplace that creates a warm and inviting living space. The kitchen is equipped with lightly used KitchenAid stainless steel appliances, a DeLonghi espresso machine, and all major appliances. The home is being sold fully furnished, including TVs, furniture, décor, high-end bedding, towels, and kitchen essentials, making it truly turnkey. Enjoy the convenience of in-unit laundry, a private balcony, and exceptional community amenities, including a resort-style pool and spa, fitness center, clubhouse, BBQ areas, playground, and dog park. HOA dues include water, sewer, and trash. Ideally located just minutes from the 215 Beltway, shopping, dining, entertainment, the Las Vegas Strip, and Harry Reid International Airport, this home is an excellent opportunity for a primary residence, second home, or lock-and-leave lifestyle.
    2 days
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    213
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    16
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bret Whipple B.0144818 702-773-2333,

    NV Superior Properties

    Source: LVR,MLS#: 2795615MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Closet
      • Dimensions: 15x14
      Bedroom 2
      • Description: Closet
      • Dimensions: 12x10
      Bedroom 3
      • Description: Closet
      • Dimensions: 11x10
      Primary bathroom
      • Description: Tub/Shower Combo
      Dining room
      • Description: Dining Area
      • Dimensions: 10x9
      Family room
      • Description: None
      Kitchen
      • Description: Granite Countertops
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Disposal, Gas Range, Refrigerator, Washer
      • Laundry: Gas Dryer Hookup, Upper Level
      Features
      • Window Treatments
      • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
      • Windows: Plantation Shutters
      • Number of fireplaces: 1
      • Fireplace features: Gas, Living Room
      • Furnished: Yes
      Interior area
      • Total structure area: 1,131
      • Total interior livable area: 1,131 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Inside Entrance, Private
      • Garage spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Pool features: Community
      • Fencing: None
      Lot
      • Size: 0.54 Acres
      • Features: Landscaped, < 1/4 Acre
      Details
      • Parcel number: 16326214009
      • Zoning description: Single 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

      Community & HOA

      Community
      • Features: Pool
      • Security: Security System Owned
      • Subdivision: Spanish Palms Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Gated, Pool
      • Services included: Maintenance Grounds
      • HOA fee: $448 monthly
      • HOA name: Spanish Palms
      • HOA phone: 702-988-0321
      Location
      • Region: Spring Valley

      Financial & listing details

      • Price per square foot: $243/sqft
      • Tax assessed value: $171,423
      • Annual tax amount: $1,199
      • Date on market: 6/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Listed for sale$274,500-1.6%$243/sqft
        Source: LVR #2795615 Report a problem
        6/12/2026Listing removed$279,000$247/sqft
        Source: LVR #2719206 Report a problem
        5/13/2026Price change$279,000-1.7%$247/sqft
        Source: LVR #2719206 Report a problem
        4/3/2026Price change$283,900-3.1%$251/sqft
        Source: LVR #2719206 Report a problem
        2/20/2026Price change$293,000-2.3%$259/sqft
        Source: LVR #2719206 Report a problem
        2/9/2026Listed for sale$299,800$265/sqft
        Source: LVR #2719206 Report a problem
        1/29/2026Pending sale$299,800$265/sqft
        Source: LVR #2719206 Report a problem
        1/16/2026Listing removed$299,800$265/sqft
        Source: LVR #2719206 Report a problem
        10/29/2025Price change$299,800-6.3%$265/sqft
        Source: LVR #2719206 Report a problem
        10/1/2025Price change$319,800-3%$283/sqft
        Source: LVR #2719206 Report a problem
        9/15/2025Listed for sale$329,800+122.8%$292/sqft
        Source: LVR #2719206 Report a problem
        7/17/2008Sold$148,000-43.1%$131/sqft
        Source: Public Record Report a problem
        4/12/2006Sold$259,900$230/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,236 +3%$59,998 -1%
        2025$1,199 +3%$60,583 -0.6%
        2024$1,165 +3%$60,972 +12.2%
        2023$1,131 +3%$54,336 +6.9%
        2022$1,098 +3.1%$50,841 +0.3%
        2021$1,066 +3.1%$50,666 +1.9%
        2020$1,034 +3%$49,720 +20.3%
        2019$1,004 +5.7%$41,347
        2018$950 $41,347 +1.2%
        2017$950 $40,875 +13.2%
        2016$950 +0.3%$36,103 +2.5%
        2015$947 +3.2%$35,212 +11.1%
        2014$918 $31,696
        2013-- $31,696 +7.5%
        2012-- $29,481 -7.6%
        2011-- $31,907 -8.5%
        2010-- $34,887 -25.6%
        2009-- $46,878
        2008-- $46,878 -40.9%
        2007-- $79,350 +149.7%
        2006-- $31,780

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Spring Valley

        Getting around

        54 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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