Perfectly located 1/1 in the 24 hour Guard-Gated community of Spanish Palms. This 2nd floor condo is directly across from the dog park, playground & steps away from the Pool & clubhouse. Clean & Bright, this home also has an oversized 1 CAR ATTACHED GARAGE & features a walk-in closet, White Cabinets stainless steel appliances, New dishwasher, granite countertops in the kitchen, vinyl plank waterproof floors, travertine in the wet areas, mirrored Dining area, Gas Fireplace, Large Lanai and Washed/ Dryer. Conveniently located just 4 miles west of the world famous Las Vegas Strip, across from Spring Valley Hospital & with easy access to both I-15 and I-215 Freeways. The Spanish Palms community offers a clubhouse, fitness center, two sparkling pools, hot tubs, barbeque grills, business center, and a pet park. Live within striking distance of the best shopping, restaurants, coffee shops, & nightlife. Live, work, and play close to all the action. Welcome home to your new Las Vegas paradise!
Active
Price cut: $6K (5/27)
$200,000
5250 S Rainbow Blvd Unit 2161, Las Vegas, NV 89118
1beds
744sqft
Condominium
Built in 1997
-- sqft lot
$195,500 Zestimate®
$269/sqft
$432/mo HOA
What's special
Two sparkling poolsPet parkLarge lanaiHot tubsMirrored dining areaBarbeque grillsStainless steel appliances
- 172 days |
- 116 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Brandon Walker S.0193876 (702)355-7908,
HomeSmart Encore
Source: LVR,MLS#: 2758973
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Description: Ceiling Fan,Ceiling Light,Closet,Walk-In Closet(s)
- Dimensions: 11x12
Primary bathroom
- Description: Tub/Shower Combo
Kitchen
- Description: Breakfast Bar/Counter,Marble/Stone Countertops,Marble/Stone Flooring
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, Upper Level
Features
- Window Treatments, Programmable Thermostat
- Flooring: Luxury Vinyl Plank, Tile
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Gas, 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, Garage, Open, Private, Guest
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Community
- Fencing: None
Lot
- Size: 0.54 Acres
- Features: Landscaped, Trees, < 1/4 Acre
Details
- Parcel number: 16326214327
- Zoning description: Multi-Family,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
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Business Center, Dog Park, Fitness Center, Gated, Barbecue, Pool, Guard, Spa/Hot Tub
- Services included: Association Management, Maintenance Grounds, Recreation Facilities, Sewer, Security, Trash, Water
- HOA fee: $432 monthly
- HOA name: Spanish Palms
- HOA phone: 702-988-0321
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $122,983
- Annual tax amount: $1,169
- Date on market: 2/26/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
Estimated market value
$195,500
$186,000 - $205,000
$1,288/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $200,000-2.9%$269/sqft |
Source:  LVR #2758973 Report a problem | ||
| 2/26/2026 | Listed for sale | $206,000-6.4%$277/sqft |
Source: LVR #2758973 Report a problem | ||
| 9/3/2024 | Listing removed | $220,000$296/sqft |
Source: LVR #2604683 Report a problem | ||
| 8/10/2024 | Listed for sale | $220,000+4.3%$296/sqft |
Source: LVR #2604683 Report a problem | ||
| 1/21/2022 | Sold | $211,000-0.5%$284/sqft |
Source: LVR #2342324 Report a problem | ||
| 12/16/2021 | Contingent | $212,000$285/sqft |
Source: LVR #2342324 Report a problem | ||
| 11/1/2021 | Price change | $212,000-1.9%$285/sqft |
Source: LVR #2342324 Report a problem | ||
| 10/16/2021 | Listed for sale | $216,100+39.4%$290/sqft |
Source: LVR #2342324 Report a problem | ||
| 10/4/2019 | Listing removed | $1,000$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 10/1/2019 | Listed for rent | $1,000+2.6%$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 4/16/2019 | Listing removed | $975$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 4/10/2019 | Listed for rent | $975+2.6%$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 8/27/2017 | Listing removed | $950$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 8/2/2017 | Price change | $950-2.6%$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 7/25/2017 | Price change | $975-2.5%$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 7/13/2017 | Listing removed | $155,000$208/sqft |
Source: Vegas Valley Group #1892073 Report a problem | ||
| 7/13/2017 | Listed for rent | $1,000+11.1%$1/sqft |
Source: Vegas Valley Group Report a problem | ||
| 6/21/2017 | Price change | $155,000-8%$208/sqft |
Source: Vegas Valley Group #1892073 Report a problem | ||
| 5/2/2017 | Listed for sale | $168,500-7.4%$226/sqft |
Source: Vegas Valley Group #1892073 Report a problem | ||
| 10/10/2013 | Listing removed | $900$1/sqft |
Source: Vegas Valley Property Management Report a problem | ||
| 9/19/2013 | Listed for rent | $900$1/sqft |
Source: Vegas Valley Property Management Report a problem | ||
| 8/17/2006 | Sold | $181,900$244/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,172 +8% | $43,044 -0.7% |
| 2025 | $1,085 +7.9% | $43,348 -1.1% |
| 2024 | $1,005 +8% | $43,813 +17.9% |
| 2023 | $931 +8% | $37,158 +4.8% |
| 2022 | $862 +7.8% | $35,462 0% |
| 2021 | $800 +6.8% | $35,465 +1.8% |
| 2020 | $750 +4.8% | $34,834 +19.6% |
| 2019 | $715 +6.9% | $29,120 0% |
| 2018 | $669 | $29,121 +1.1% |
| 2017 | $669 | $28,799 +12.6% |
| 2016 | $669 +3.4% | $25,572 +6.4% |
| 2015 | $647 | $24,040 +7.9% |
| 2014 | $647 | $22,283 |
| 2013 | -- | $22,283 +7.2% |
| 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.Climate risks
Neighborhood: Spring Valley
Nearby schools
GreatSchools rating
- 7/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Grant 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.
- $220,0001 bd1 ba744 sqft5250 S Rainbow Blvd UNIT 1161, Las Vegas, NV 89118Sold
- $275,0002 bd2 ba1k sqft5250 S Rainbow Blvd UNIT 1162, Las Vegas, NV 89118Sold
- $318,0003 bd2 ba1.1k sqft5250 S Rainbow Blvd UNIT 1163, Las Vegas, NV 89118Sold
- $270,0003 bd2 ba1.1k sqft5250 S Rainbow Blvd UNIT 1164, Las Vegas, NV 89118For Sale
- $272,0002 bd2 ba1k sqft5250 S Rainbow Blvd UNIT 1165, Las Vegas, NV 89118Sold
- $281,5002 bd2 ba1k sqft5250 S Rainbow Blvd UNIT 2162, Las Vegas, NV 89118Sold
- $275,0002 bd2 ba1k sqft5250 S Rainbow Blvd UNIT 2165, Las Vegas, NV 89118Sold
- $247,7002 bd2 ba1k sqft5250 Rainbow Blvd #1162, Las Vegas, NV 89103Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $180,0001 bd1 ba744 sqft5250 S Rainbow Blvd Unit 2138, Las Vegas, NV 89118For Sale
MLS ID #2795301, Leslie Reese, Epique Realty. LVR - $200,0001 bd1 ba744 sqft5250 S Rainbow Blvd Unit 2151, Las Vegas, NV 89118For Sale
MLS ID #2785582, Angel Sukavivatanachai, Realty ONE Group, Inc. LVR - $229,9001 bd1 ba744 sqft5250 S Rainbow Blvd Unit 1075, Las Vegas, NV 89118For Sale
MLS ID #2725360, Derek M. Miyano, ADG Realty. LVR - $199,0002 bd2 ba1k sqft5225 W Reno Ave Unit 127, Las Vegas, NV 89118For Sale
MLS ID #2791481, Hairang Zhong, Landmark Realty. LVR - $210,0001 bd1 ba700 sqft6650 W Warm Springs Rd Unit 2154, Las Vegas, NV 89118For SaleMLS ID #2803550, Kathleen Choi, Nevada Real Estate Corp. LVR
- $259,0002 bd2 ba1k sqft5250 S Rainbow Blvd Unit 1120, Las Vegas, NV 89118For SaleMLS ID #2800244, Will A. Vicuna, Sphere Real Estate. LVR
- $179,0001 bd1 ba700 sqft6650 W Warm Springs Rd Unit 1170, Las Vegas, NV 89118For SaleMLS ID #2793085, Ray Courtmanch, Simply Vegas. LVR
- $230,0002 bd2 ba1k sqft5000 Red Rock St APT 311, Las Vegas, NV 89118For SaleMLS ID #2806974, Yuanyuan Zhu, Keller Williams MarketPlace. LVR
- $165,0001 bd1 ba494 sqft5211 Lindell Rd Unit 208, Las Vegas, NV 89118For SaleMLS ID #2789879, Christopher Youkhana, LPT Realty, LLC. LVR
- $218,0002 bd2 ba884 sqft4860 Nara Vista Way Unit 104, Las Vegas, NV 89103For SaleMLS ID #2743665, Eiwin Mark, Select Properties Group. LVR
- $199,0002 bd2 ba926 sqft1800 Edmond St Unit 224, Las Vegas, NV 89146For SaleMLS ID #2785769, Rachel Griego, Opendoor Brokerage LLC. LVR
- $170,0002 bd2 ba892 sqft3823 S Maryland Pkwy Unit C12, Las Vegas, NV 89119For SaleMLS ID #2764990, Sharon A. Martin, Pulse Realty Group LLC. LVR
- $212,0001 bd1 ba779 sqft7255 W Sunset Rd APT 2078, Las Vegas, NV 89113For SaleMLS ID #2805231, Kathleen Choi, Nevada Real Estate Corp. LVR
- $260,0002 bd2 ba1k sqft5250 S Rainbow Blvd Unit 1102, Las Vegas, NV 89118For SaleMLS ID #2785574, Angel Sukavivatanachai, Realty ONE Group, Inc. LVR
- $165,0001 bd1 ba668 sqft5154 S Jones Blvd Unit 103, Spring Valley, NV 89118For SaleMLS ID #2773830, Shaya Oxborrow, Property Management of LV, LLC. LVR
- $202,9002 bd2 ba964 sqft2606 S Durango Dr APT 151, Las Vegas, NV 89117For SaleMLS ID #2778567, Chrissy Zarpas, Executive Realty Services. LVR
- $218,8882 bd2 ba926 sqft1800 Edmond St Unit 145, Las Vegas, NV 89146For SaleMLS ID #2783039, Wilson F. Wong, Vertex Realty & Property Manag. LVR
- $189,9001 bd1 ba672 sqft2750 S Durango Dr APT 1149, Las Vegas, NV 89117For SaleMLS ID #2786540, Jose L. Avila Roa, Americana Property Management. LVR
- $205,9002 bd1 ba945 sqft1515 E Reno Ave #201, Las Vegas, NV 89119For SaleMLS ID #2763682, Ramin M. Shoar, Black & Cherry Real Estate. LVR
- $239,9002 bd2 ba1k sqft7255 W Sunset Rd APT 1167, Las Vegas, NV 89113For SaleMLS ID #2758138, Mark Su, Evolve Realty. LVR
