2451 North Rainbow Boulevard 2116, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Turnkey Condominium is a Strong Value Opportunity, listed at $199,900—positioned slightly above the $196,911 Fair Market Value. Despite the premium, the property maintains a Condition Rating of 2, featuring a modernized Granite Kitchen, new LVP flooring, and fresh paint. Residents enjoy resort-style amenities including a Pool, Spa, and Fitness Center. While local school ratings are modest, the unit’s move-in-ready status and proximity to Summerlin offer significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, updated residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 North Rainbow Boulevard 2116 Subject | $199,900* List Price | 2 | 2 | 1,128 | $175 | - |
A 2451 N Rainbow Boulevard 1116 Sold | $189,000 | 2 | 2 | 1,128 | $168 | 0.0 mi |
B 2451 RAINBOW Boulevard 1069 Sold | $210,000 | 3 | 2 | 1,237 | $170 | 0.1 mi |
C 2451 RAINBOW Boulevard 1084 Sold | $185,000 | 2 | 2 | 1,128 | $164 | 0.1 mi |
D 2801 N Rainbow Boulevard 153 Sold | $187,500 | 2 | 2 | 1,020 | $184 | 0.3 mi |
E 2700 N RAINBOW BL Boulevard 1137 Sold | $150,000 | 2 | 2 | 997 | $150 | 0.2 mi |
F 2700 N Rainbow Boulevard 1137 Sold | $150,000 | 2 | 2 | 997 | $150 | 0.2 mi |
G 2451 N Rainbow Boulevard 1069 Sold | $210,000 | 3 | 2 | 1,237 | $170 | 0.1 mi |
H 2451 N RAINBOW BL Boulevard 2073 Sold | $160,000 | 3 | 2 | 1,237 | $129 | 0.1 mi |
I 2451 N Rainbow Boulevard 2118 Active | $225,000 List Price | 2 | 2 | 1,128 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (likely <5 years) featuring a modernized kitchen with stainless steel appliances and mosaic tile backsplash, updated bathrooms with granite surrounds, and new LVP flooring. With fresh interior paint and a brand-new water heater, the unit is in mint, turnkey condition despite the 1988 original build date.
The unit is move-in ready with modern updates including granite showers, plantation shutters, fresh paint, and newer appliances, offering immediate value to buyers.
Residents benefit from a robust HOA package featuring a pool, spa, fitness center with a sauna, and assigned covered parking, enhancing the lifestyle appeal.
Priced under $200,000 for a spacious 1,128 sqft two-bedroom layout, this property represents an excellent entry-level or investment opportunity in the Las Vegas market.
The assigned middle and high schools have lower performance ratings (3/10), which may be a concern for families focused on academic rankings.
Constructed in 1988, the property may require ongoing maintenance of common areas or future assessments compared to newer developments in the nearby Summerlin area.
Beautifully updated, move-in-ready second floor condo with resort-style amenities! Enjoy a spacious living room featuring a cozy wood-burning fireplace and sliding glass doors that open to a private balcony—perfect for morning coffee or evening relaxation. This well-maintained home offers two generously sized bedrooms, each with its own bathroom featuring granite showers. Stylish plantation shutters, fresh interior paint, and all appliances included make this home truly turnkey. The kitchen has been tastefully updated with newer appliances, modern lighting, and more. Additional recent improvements include a new water heater for added peace of mind. HOA amenities include a sparkling pool and spa, fitness center with sauna, assigned covered parking, and guest parking. Conveniently located near shopping, dining, schools, and just minutes from I-11 and Summerlin, this home offers comfort, convenience, and exceptional value.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,128 | - |
| Lot Size | - | - |
| Price | $199.9K | $217.2K |
| Price per sq ft | $177 | $219 |
| Built year | 1988 | 0 |
| HOA | $318 | $0 |
| Days on market | 23 | 828 |
Jun 29, 2026
$199,900
Initial Listing