5250 S Rainbow Boulevard 2093, Las Vegas, NV 89118, Las Vegas, 89118 - 3 bed, 2 bath
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Las Vegas, NV 89118
This Resort-Style 3-Bedroom Condominium is listed at $264,000, offering a stable entry point at its $264,000 Fair Market Value. The home maintains a Condition Rating of 4, featuring an open floor plan with Granite Countertops, a gas fireplace, and the added utility of a Private Garage with extra storage. Located in the guard-gated Spanish Palms, residents enjoy premium Guard-Gated Amenities and proximity to Marion B Earl Elementary. This property represents a secure, move-in-ready acquisition for Owner-Occupants or First-Time Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5250 S Rainbow Boulevard 2093 Subject | $264,000* List Price | 3 | 2 | 1,131 | $233 | - |
A 5250 S Rainbow Boulevard 2126 Sold | $298,000 List Price | 3 | 2 | 1,131 | 0.1 mi | |
B 5250 S Rainbow Boulevard 1004 Sold | $250,000 | 3 | 2 | 1,131 | $221 | 0.1 mi |
C 5250 S RAINBOW Boulevard 2126 Sold | $192,900 List Price | 3 | 2 | 1,131 | 0.1 mi | |
D 5250 S Rainbow Boulevard 1180 Sold | $195,000 | 3 | 2 | 1,131 | $172 | 0.2 mi |
E 5076 S Rainbow Boulevard 106 Sold | $239,950 List Price | 3 | 2 | 1,163 | 0.2 mi | |
F 5250 S RAINBOW Boulevard 2130 Sold | $204,888 List Price | 3 | 2 | 1,131 | 0.1 mi | |
G 5250 S Rainbow Boulevard 2118 Active | $314,900 List Price | 3 | 2 | 1,131 | $278 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1997, falls within the 25-40 year age bracket for the 'fair' category. While it is well-maintained and move-in ready with updates like granite countertops, stainless steel appliances, and wood-look flooring, the kitchen cabinetry and overall aesthetic remain dated. It reflects a home maintained through regular upkeep and occasional updates rather than a comprehensive recent renovation.
Residents enjoy a resort-style lifestyle with access to a pool, fitness studio, pet park, and putting green, providing high recreational value within the gated community.
This unit offers a rare three-bedroom configuration featuring an open floor plan, granite countertops, and the added convenience of a private garage with extra storage.
The property is ideally situated for families, with elementary, middle, and high schools all located within a half-mile radius, ensuring easy commutes for students.
The association fee of $432 per month is relatively high for this price point, which may impact monthly affordability and overall investment yield.
Built in 1997, the property may soon require updates to major systems or cosmetic refreshes to maintain its competitive edge against newer condo developments.
Spanish Palms is your private retreat, offering relaxed desert resort living with the convenience of city life just minutes away. This beautiful 3 bed, 2 bath home features an open floor plan, a spacious kitchen with granite countertops, a gas fireplace, a large walk-in closet, a private balcony, and a garage with extra storage. The community offers resort-style amenities including a pool, grills, clubhouse, fitness studio, pet park, putting green, and more. Conveniently located just minutes from the 215 freeway. *Some photos have been virtually staged.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.3 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 | 1,131 | 1,034 | 62% |
| Lot Size | 15,640 | - | 91% |
| Price | $264.0K | $184.5K | 88% |
| Price per sq ft | $233 | $205 | 69% |
| Built year | 1997 | 1996 | 52% |
| HOA | $432 | $220 | 91% |
| Days on market | 97 | 986 | 6% |
Jan 15, 2026
$264,000
Initial Listing