2451 North Rainbow Boulevard 1003, Las Vegas, NV 89108, Las Vegas, 89108 - 1 bed, 1 bath
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2451 North Rainbow Boulevard 1003
Las Vegas, NV 89108
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
720Sq Ft
0Lot Size
Property Price
LIST PRICE$185,000
EST. MARKET VALUE
$160,414
15% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $185,000—positioned well above the $160,414 Fair Market Value by -15%. While priced at a premium, the property features an Excellent Condition Rating with modern LVP flooring, stainless steel appliances, and a 2024 water heater. Residents enjoy a secure gated community with two swimming pools, a sauna, and a fitness center. This move-in ready home is an ideal sanctuary for first-time buyers or single professionals seeking a low-maintenance lifestyle near major freeway access.
Estimated Market Value
$160,414
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 North Rainbow Boulevard 1003 Subject | $185,000* List Price | 1 | 1 | 720 | $223 | - |
A 2801 North Rainbow Boulevard 106 Sold | $133,000 | 1 | 1 | 695 | $191 | 0.5 mi |
B 2451 N Rainbow Boulevard 1058 Pending | $169,999 List Price | 1 | 1 | 720 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the structure dates to 1988, the interior shows a recent renovation (<5 years) featuring modern LVP flooring, an updated bathroom vanity with contemporary fixtures, and stainless steel appliances. The inclusion of a brand-new 2024 water heater indicates excellent maintenance of mechanical systems, qualifying it as mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The unit is move-in ready featuring modern LVP flooring, stainless steel appliances, and a brand-new 2024 water heater, minimizing immediate maintenance costs for the buyer.
- Extensive Community Amenities
Situated in a secure gated community, residents benefit from premium facilities including two swimming pools, a sauna, a fitness center, and a clubhouse, providing high lifestyle value.
- Strategic Location
The property offers excellent accessibility with close proximity to major freeways, diverse shopping, and dining options, making it an ideal location for commuters.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned middle and high schools have lower performance ratings (3/10), which may be a deterrent for families and could impact future resale demand.
- Limited Square Footage
At 720 square feet with a one-bedroom layout, the property offers limited space and flexibility, catering to a narrower demographic of single occupants or couples.
About 2451 North Rainbow Boulevard 1003
Beautiful and move-in ready one-bedroom condo, nestled within a secure gated community with close proximity to shopping, dining, and freeway access. Step inside to an open-concept living space filled with tons of natural light and finished with sleek LVP flooring. The kitchen features stainless steel appliances and ample cabinetry, while the spacious private balcony offers convenient storage plus its own washer/dryer, and a 2024 water heater. The HOA covers essential services such as sewer, water, and trash, and residents enjoy access to the two community swimming pools, sauna, clubhouse, and fitness center. Don’t miss the opportunity to make this exceptional home yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $256 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lilly & Wing Fong Elementary School
Grades PK-5 • 0.4 mi
6/10
Irwin & Susan Molasky Junior High School
Grades 6-8 • 2.1 mi
3/10
Cimarron Memorial High School
Grades 9-12 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 720 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $185.0K | $225.8K |
| Price per sq ft | $257 | $213 |
| Built year | 1988 | 1996 |
| HOA | $256 | $254 |
| Days on market | 47 | 71 |
Pricing History
Listed for Sale
Jul 24, 2026
$185,000
Initial Listing