5048 S Rainbow Boulevard 105, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
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Las Vegas, NV 89118
This Renovated Downstairs Condominium is listed at $255,000, offering a stable and competitive entry point near its $242,379 Fair Market Value. Boasting a Condition Rating of 3, the interior features a modernized kitchen with stainless steel appliances, updated cabinetry, and renovated bathrooms. Residents enjoy a resort-style lifestyle with access to a pool, gym, and tennis courts, while benefiting from proximity to top-rated schools like Marion B Earl Elementary and Durango High. This move-in-ready residence is a perfect match for Owner-Occupants or first-time buyers seeking a polished, low-maintenance home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5048 S Rainbow Boulevard 105 Subject | $255,000* List Price | 2 | 2 | 1,091 | $222 | - |
A 5250 S Rainbow Boulevard 2126 Sold | $298,000 List Price | 3 | 2 | 1,131 | 0.0 mi | |
B 5250 S RAINBOW Boulevard 2126 Sold | $192,900 List Price | 3 | 2 | 1,131 | 0.0 mi | |
C 5022 S Rainbow Boulevard 203 Sold | $194,500 | 2 | 1 | 949 | $205 | 0.1 mi |
D 5250 S Rainbow Boulevard 1123 Sold | $269,000 | 3 | 2 | 1,131 | $238 | 0.0 mi |
E 5042 S Rainbow Boulevard 206 Sold | $230,000 | 3 | 2 | 1,163 | $198 | 0.1 mi |
F 5022 S Rainbow Boulevard 204 Sold | $220,000 | 2 | 2 | 1,091 | $202 | 0.1 mi |
G 5034 S Rainbow Boulevard 102 Pending | $220,000 List Price | 2 | 2 | 1,091 | $202 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1987 (>30 years old), it has undergone a recent renovation that brings it into the 'Good' category. The kitchen features updated stainless steel appliances, painted cabinetry with modern hardware, and new faucets. The interior has been refreshed with contemporary wood-look laminate flooring and neutral paint throughout, making it functional and move-in ready.
The unit features a renovated kitchen and bathrooms, offering a contemporary living space that reduces the need for immediate post-purchase upgrades.
Residents benefit from a gated environment with access to a pool, spa, gym, clubhouse, and tennis courts, providing a resort-style lifestyle.
This desirable downstairs unit offers easy access without stairs and is located within walking distance of elementary, middle, and high schools.
Built in 1987, the property may have older underlying systems or common area elements that could require future maintenance despite the interior renovations.
Situated on Rainbow Boulevard, a major arterial road, residents may experience increased noise levels and traffic congestion during peak hours.
GREAT LOCATION, GATED COMMUNITY. BEAUTIFUL DOWNSTAIRS 2 BEDROOM UNIT WITH RENOVATED KITCHEN AND BATHROOMS. QUITE AND PRIVATE LOCATION. COMMUNITY INCLUDES POOL, SPA, GYM, CLUB HOUSE AND TENNIS COURTS.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,091 | 1,053 | 54% |
| Lot Size | - | - | 50% |
| Price | $255.0K | $189.8K | 85% |
| Price per sq ft | $234 | $207 | 71% |
| Built year | 1987 | 1996 | 18% |
| HOA | $194 | $220 | 38% |
| Days on market | 4 | 895 | 1% |
Apr 18, 2026
$255,000
Initial Listing