5030 South Rainbow Boulevard 206, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
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Las Vegas, NV 89118
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $242,800—positioned well above the $226,856 Fair Market Value by -7%. While priced slightly above market, the unit features a Condition Rating of 3, boasting a modern, upgraded kitchen with quartz countertops and fresh paint. Residents enjoy premium community amenities, including pools, spas, and tennis courts. Located near major transit and the Las Vegas Strip, this property is an ideal choice for Buy-and-Hold Investors or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5030 South Rainbow Boulevard 206 Subject | $242,800* List Price | 3 | 2 | 1,163 | $195 | - |
A 5030 S Rainbow Boulevard 101 Sold | $250,000 | 3 | 2 | 1,163 | $215 | 0.0 mi |
B 5038 S Rainbow Boulevard 206 Sold | $240,000 | 3 | 2 | 1,163 | $206 | 0.1 mi |
C 5250 S RAINBOW Boulevard 2130 Sold | $204,888 List Price | 3 | 2 | 1,131 | 0.2 mi | |
D 5250 S Rainbow Boulevard 2126 Sold | $298,000 List Price | 3 | 2 | 1,131 | 0.1 mi | |
E 5076 S Rainbow Boulevard 106 Sold | $239,950 List Price | 3 | 2 | 1,163 | 0.2 mi | |
F 5250 S Rainbow Boulevard 1004 Sold | $250,000 | 3 | 2 | 1,131 | $221 | 0.3 mi |
G 5002 South Rainbow Boulevard 206 Active | $249,500 List Price | 3 | 2 | 1,163 | $215 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property features a recent renovation including an upgraded kitchen with quartz countertops and shaker cabinets, fresh interior paint, and modern laminate flooring in the main living areas. It is move-in ready and well-maintained, though older carpeting in the bedrooms prevents an excellent rating.
The unit features a freshly painted interior, high ceilings, and an upgraded kitchen with quartz countertops, providing a contemporary and move-in-ready aesthetic.
Situated in the gated Vizcaya community, residents have access to premium amenities including multiple pools, spas, tennis courts, and a fitness center.
The property offers exceptional convenience with close proximity to the Las Vegas Strip, major freeway access, and a wide array of shopping and dining options.
Built in 1987, the property may face higher long-term maintenance requirements or aging infrastructure compared to newer condominium developments in the region.
The local public schools carry ratings between 4 and 5, which may be a drawback for families specifically seeking top-tier educational districts.
Upstairs condo with 3 bedroom, 2 bathroom, 2 large balconies, located next to the community pool in the gated community of Vizcaya at The Trails. Ac condenser replaced in 2024. Freshly painted interior with a bright and open floor plan filled with natural light, high ceiling. Features a spacious living room, plus a upgraded kitchen with quartz countertops. Enjoy outdoor living from two private balconies, perfect for relaxing or entertaining. Community amenities include multiple pools, spas, tennis courts, and a fitness center. Conveniently located near shopping, dining, parks, schools, major freeway access, and the Las Vegas Strip.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,163 | 1,091 | 71% |
| Lot Size | - | - | 50% |
| Price | $242.8K | $199.9K | 74% |
| Price per sq ft | $209 | $209 | 50% |
| Built year | 1987 | 1994 | 26% |
| HOA | $205 | $217 | 48% |
| Days on market | 14 | 361 | 3% |
May 30, 2026
$242,800
Initial Listing