1005 Rainbow Meadows Drive, Las Vegas, NV 89128, Las Vegas, 89128 - 3 bed, 3 bath
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Las Vegas, NV 89128
This Stunning Move-In Ready Residence is listed at $550,000, representing a stable valuation closely aligned with its $532,855 Fair Market Value. Boasting a Condition Rating of 3, the home features high-end interior finishes including premium hardwood floors and an upgraded granite kitchen with a large island. The property’s primary draw is the exceptional outdoor living space, featuring a private pool and spa, built-in BBQ, and enclosed patio. With the rare advantage of No HOA fees, this home offers significant monthly savings and lifestyle freedom. It is a perfect match for Owner-Occupants or lifestyle-focused buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Rainbow Meadows Drive Subject | $490,000* List Price | 3 | 3 | 1,684 | $299 | - |
A 7600 Vista Hills Drive Sold | $415,000 List Price | 3 | 3 | 1,478 | 0.9 mi | |
B 1221 Lucia Drive Sold | $430,000 | 3 | 3 | 1,629 | $264 | 0.3 mi |
C 1617 Night Breeze Drive Sold | $465,000 | 4 | 3 | 1,830 | $254 | 0.6 mi |
D 7600 Vista Hills Drive Sold | $347,777 | 3 | 3 | 1,478 | $235 | 0.9 mi |
E 1617 Night Breeze Drive Sold | $465,000 | 4 | 4 | 1,830 | $254 | 0.6 mi |
F 7321 Summer Sun Drive Sold | $390,000 | 4 | 3 | 1,641 | $238 | 0.6 mi |
G 1845 Villa Vista Way Active | $420,000 List Price | 3 | 3 | 1,481 | $284 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several key updates. While the home was built in 1994, it features upgraded hardwood flooring throughout the main living areas and a kitchen enhanced with granite countertops and modern stainless steel appliances, including a smart refrigerator. The exterior is well-maintained with a premium backyard featuring a pool, spa, and built-in BBQ. Although some elements like the oak cabinetry and stair railings reflect the original build style, the overall condition and functional upgrades meet the criteria for a 'good' rating.
The property features a private backyard oasis complete with a sparkling spa/pool, built-in BBQ, and an enclosed patio, providing an exceptional space for year-round entertainment.
The interior is move-in ready with gorgeous hardwood floors throughout and a modern, upgraded kitchen featuring granite countertops, stainless steel appliances, and a large island.
Unlike many surrounding Las Vegas communities, this property has no association fees, offering the homeowner significant monthly savings and greater freedom from restrictive covenants.
The local elementary and high schools carry low academic ratings (2/10 and 3/10 respectively), which may be a concern for families and could impact future resale demand.
With a lot size of only 4,356 square feet, the outdoor space is relatively small, which may feel cramped for buyers seeking a larger yard or more privacy from neighbors.
Welcome to 1005 Rainbow Meadows Dr., Las Vegas, NV 89128! This stunning 3 bed, 3 bath home offers 1,684 sq ft of spacious, open-concept living with gorgeous hardwood floors throughout. The beautifully upgraded kitchen features granite countertops, stainless steel appliances, a large island, and a built-in desk—perfect for work or everyday organization. Enjoy an oversized 2-car garage with extra space for storage, a workshop, or more. Step outside to your private backyard oasis complete with a sparkling Spa/Pool, enclosed patio, garden area, and built-in BBQ—ideal for entertaining year-round! Conveniently located near Summerlin Pkwy and the 215 Beltway with easy access to shopping, dining, and more. Move-in ready and absolutely amazing—come see it today before it’s gone! Welcome Home!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,684 | 1,992 | 33% |
| Lot Size | 4,356 | 5,227 | 36% |
| Price | $490.0K | $408.0K | 68% |
| Price per sq ft | $291 | $227 | 85% |
| Built year | 1994 | 1992 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 1154 | 0% |
Apr 18, 2026
$490,000
$550,000
-11% Price Drop
Initial Listing
Feb 26, 2026
$550,000
Initial Listing
Dec 28, 1993
$117,000
Public Record