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  • Price cut: $10K (7/31)
    $180,000

    5250 S Rainbow Blvd Unit 2138, Las Vegas, NV 89118

    1beds
    744sqft
    : 
    $1,681/mo
    Get pre-qualified
    Condominium
    Built in 1997
    -- sqft lot
    $176,000 Zestimate®
    $242/sqft
    $448/mo HOA

    What's special

    Sparkling pool and spaScenic walking pathsSeparate dining areaStainless steel appliancesCozy fireplaceBreakfast barDurable vinyl plank flooring
    Welcome to this beautifully upgraded one-bedroom corner-unit condo, offering added privacy and comfort within a desirable guard-gated community. This thoughtfully designed home features an attached garage with built-in cabinetry and direct access for everyday convenience. The kitchen is both stylish and functional, showcasing granite countertops, stainless steel appliances, a breakfast bar, and a separate dining area—perfect for casual meals or entertaining. Durable vinyl plank flooring flows seamlessly throughout the space for a clean, modern feel. Relax in the spacious living room complete with a cozy fireplace and access to a private balcony, ideal for enjoying your morning coffee or evening unwind. Brand new Washer and Dryer just added. Residents enjoy access to a meticulously maintained community with resort-style amenities, including a sparkling pool and spa, fitness center, playground, dog park, putting green and scenic walking paths. Perfect as an investment opportunity, weekend retreat, or low-maintenance primary residence.
    37 days
    |
    216
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Reese BS.0144202 702-533-0635,

    Epique Realty

    Source: LVR,MLS#: 2795301MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Description: Ceiling Fan,Ceiling Light,Closet
      • Dimensions: 13x9
      Primary bathroom
      • Description: Tub/Shower Combo
      Dining room
      • Description: Dining Area
      • Dimensions: 9x9
      Kitchen
      • Description: Breakfast Bar/Counter,Granite Countertops,Luxury Vinyl Plank,Pantry,Stainless Steel Appliances
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
      • Laundry: Gas Dryer Hookup, Laundry Closet
      Features
      • Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
      • Flooring: Luxury Vinyl Plank
      • Windows: Blinds, Double Pane Windows, Low-Emissivity Windows
      • Number of fireplaces: 1
      • Fireplace features: Gas, Glass Doors, Living Room
      Interior area
      • Total structure area: 744
      • Total interior livable area: 744 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Private, Shelves, Guest
      • Attached garage spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Pool features: Community
      • Fencing: None
      Lot
      • Size: 0.54 Acres
      • Features: Desert Landscaping, Landscaped, < 1/4 Acre
      Details
      • Parcel number: 16326214276
      • 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, Barbecue, Playground, Pool, Guard, Spa/Hot Tub
      • Services included: Association Management, Maintenance Grounds, Sewer, Trash, Water
      • HOA fee: $448 monthly
      • HOA name: Spanish Palms
      • HOA phone: 702-988-0321
      Location
      • Region: Las Vegas

      Financial & listing details

      • Price per square foot: $242/sqft
      • Tax assessed value: $122,983
      • Annual tax amount: $1,033
      • Date on market: 6/27/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Condominium

        Estimated market value

        $176,000

        $167,000 - $185,000

        $1,271/mo

        Price history

        DateEventPrice
        7/31/2026Price change$180,000-5.3%$242/sqft
        Source: LVR #2795301 Report a problem
        7/17/2026Price change$190,000-2.6%$255/sqft
        Source: LVR #2795301 Report a problem
        6/27/2026Listing removed$1,225$2/sqft
        Source: Zillow Rentals Report a problem
        6/27/2026Listed for sale$195,000+4.3%$262/sqft
        Source: LVR #2795301 Report a problem
        6/26/2026Listing removed$187,000$251/sqft
        Source: BHHS broker feed #2757934 Report a problem
        6/23/2026Price change$187,000-2.6%$251/sqft
        Source: LVR #2757934 Report a problem
        6/5/2026Price change$1,225-5.8%$2/sqft
        Source: Zillow Rentals Report a problem
        5/19/2026Price change$1,300-7.1%$2/sqft
        Source: Zillow Rentals Report a problem
        5/12/2026Price change$191,900-2.5%$258/sqft
        Source: LVR #2757934 Report a problem
        5/8/2026Price change$1,400-6.7%$2/sqft
        Source: Zillow Rentals Report a problem
        5/7/2026Price change$196,900-1%$265/sqft
        Source: LVR #2757934 Report a problem
        4/29/2026Listed for rent$1,500$2/sqft
        Source: Zillow Rentals Report a problem
        3/22/2026Price change$198,900-2%$267/sqft
        Source: LVR #2757934 Report a problem
        3/11/2026Price change$203,000-2.9%$273/sqft
        Source: LVR #2757934 Report a problem
        3/3/2026Price change$209,000-1.4%$281/sqft
        Source: LVR #2757934 Report a problem
        2/21/2026Listed for sale$212,000+3.4%$285/sqft
        Source: LVR #2757934 Report a problem
        2/20/2026Listing removed$205,000$276/sqft
        Source: BHHS broker feed #2721993 Report a problem
        2/13/2026Price change$205,000-2.4%$276/sqft
        Source: LVR #2721993 Report a problem
        1/5/2026Price change$210,000-0.9%$282/sqft
        Source: LVR #2721993 Report a problem
        11/30/2025Price change$212,000-3.2%$285/sqft
        Source: LVR #2721993 Report a problem
        11/24/2025Price change$219,000-4.8%$294/sqft
        Source: LVR #2721993 Report a problem
        10/7/2025Price change$230,000-4.2%$309/sqft
        Source: LVR #2721993 Report a problem
        9/25/2025Listed for sale$240,000+16.5%$323/sqft
        Source: LVR #2721993 Report a problem
        10/23/2023Sold$205,999$277/sqft
        Source: LVR #2524966 Report a problem
        9/19/2023Contingent$205,999$277/sqft
        Source: LVR #2524966 Report a problem
        9/7/2023Listed for sale$205,999+47.2%$277/sqft
        Source: LVR #2524966 Report a problem
        4/20/2017Sold$139,900$188/sqft
        Source: LVR #1870214 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,036 +8%$43,044 -0.7%
        2025$959 +7.9%$43,348 -1.1%
        2024$889 +8%$43,813 +17.9%
        2023$823 +8%$37,158 +4.8%
        2022$763 +7.8%$35,462 0%
        2021$708 +6.8%$35,465 +1.8%
        2020$663 +4.8%$34,834 +19.6%
        2019$632 +6.9%$29,120 0%
        2018$592 $29,121 +1.1%
        2017$592 $28,799 +12.6%
        2016$592 +3.6%$25,572 +6.4%
        2015$571 $24,040 +27.3%
        2014$571 $18,884
        2013-- $18,884 -9.2%
        2012-- $20,786 -7.6%
        2011-- $22,496 -8.7%
        2010-- $24,630 -24.9%
        2009-- $32,777
        2008-- $32,777 -43.1%
        2007-- $57,645 +137.7%
        2006-- $24,248
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Spring Valley

        Getting around

        17 / 100
        Car-Dependent
        40 / 100
        Some Transit
        37 / 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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