5002 S Rainbow Boulevard 206, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
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Las Vegas, NV 89118
This Updated Second-Floor Condominium is listed at $252,000, representing a stable and fair entry point aligned with its $250,481 Fair Market Value. Boasting a Condition Rating of 3, the residence features fresh custom paint and new flooring, providing a move-in-ready interior. The functional layout includes two private balconies offering distant Strip and mountain views, while the gated community provides resort-style amenities including tennis and pickleball. Zoned for the top-rated Marion B Earl Elementary, this home is a premier choice for Owner-Occupants or first-time buyers seeking a polished lifestyle in Southwest Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5002 S Rainbow Boulevard 206 Subject | $252,000* List Price | 3 | 2 | 1,163 | $215 | - |
A 5076 S Rainbow Boulevard 106 Sold | $239,950 List Price | 3 | 2 | 1,163 | 0.0 mi | |
B 5012 S Rainbow Boulevard 101 Sold | $205,000 List Price | 2 | 2 | 1,091 | 0.0 mi | |
C 5038 S Rainbow Boulevard 206 Sold | $240,000 | 3 | 2 | 1,163 | $206 | 0.2 mi |
D 5042 S Rainbow Boulevard 206 Sold | $230,000 | 3 | 2 | 1,163 | $198 | 0.1 mi |
E 5250 S Rainbow Boulevard 1004 Sold | $250,000 | 3 | 2 | 1,131 | $221 | 0.2 mi |
F 5006 S Rainbow Boulevard 106 Sold | $245,000 | 3 | 2 | 1,163 | $211 | 0.1 mi |
G 5250 S Rainbow Boulevard 2118 Active | $314,900 List Price | 3 | 2 | 1,131 | $278 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent cosmetic updates including fresh paint and new flooring throughout. While the building dates back to 1987, the interior has been modernized to meet current aesthetic standards. It is well-maintained with no immediate repairs required, though it does not qualify as 'excellent' as it lacks a documented full-scale renovation of all major systems and structural components within the last five years.
The unit features fresh paint and new flooring throughout, offering a move-in-ready aesthetic that appeals to contemporary buyers looking for a clean, updated space.
Situated in a premiere spot next to the pool and clubhouse, this condo provides immediate access to resort-style amenities including tennis and pickleball courts.
The property includes two private balconies, a rare feature for condos that significantly increases the functional living space and provides multiple areas for outdoor relaxation.
The community clubhouse is currently undergoing renovation, which may temporarily limit resident access to certain facilities and common areas.
Being an upstairs unit, the property requires stair access, which could be a drawback for buyers with mobility issues or those seeking the convenience of a ground-floor entry.
Beautifully updated 3-bedroom, 2-bath upstairs condo in the gated community of Vizcaya at The Trails. Premiere location, next to the pool and clubhouse, this home offers both convenience and a resort-style setting. Fresh paint and new flooring create a clean, while the open layout provides comfortable living and entertaining space. Enjoy two private balconies—perfect for morning coffee or evening relaxation. The spacious primary suite features a walk-in closet and en-suite bathroom. The residents enjoy access to tennis and pickleball courts, maintained grounds, and a secure gated environment. Clubhouse undergoing renovation. Conveniently located near shopping, dining, and major roadways, this home offers both lifestyle and accessibility. A rare opportunity to own in a prime location with exceptional amenities and everyday ease.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,163 | 1,053 | 72% |
| Lot Size | 8,016 | - | 81% |
| Price | $252.0K | $189.8K | 82% |
| Price per sq ft | $217 | $207 | 59% |
| Built year | 1987 | 1996 | 18% |
| HOA | $222 | $221 | 50% |
| Days on market | 14 | 895 | 1% |
Apr 8, 2026
$252,000
Initial Listing