5250 S Rainbow Boulevard 2138, Las Vegas, NV 89118, Las Vegas, 89118 - 1 bed, 1 bath
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Las Vegas, NV 89118
This Well-Maintained Corner-Unit Condo is listed at $198,900, representing a stable entry point relative to its $186,829 Fair Market Value. Boasting a Condition Rating of 3, the interior is fully move-in ready with modern vinyl plank flooring, stainless steel appliances, and a rare attached garage with direct access. Situated in the Spanish Palms guard-gated community, the property offers a secure lifestyle with a pool, gym, and proximity to Marion B Earl Elementary. This turnkey residence is an ideal match for first-time buyers or professionals seeking a low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5250 S Rainbow Boulevard 2138 Subject | $198,900* List Price | 1 | 1 | 744 | $251 | - |
A 5250 S Rainbow Boulevard 2133 Sold | $227,500 List Price | 1 | 1 | 744 | 0.0 mi | |
B 5250 S RAINBOW Boulevard 2156 Sold | $139,900 List Price | 1 | 1 | 744 | 0.0 mi | |
C 5250 S Rainbow Boulevard 2133 Sold | $215,000 List Price | 1 | 1 | 744 | 0.0 mi | |
D 5016 S Rainbow Boulevard 106 Sold | $210,000 List Price | 1 | 1 | 841 | 0.2 mi | |
E 5250 S Rainbow Boulevard 2161 Active | $206,000 List Price | 1 | 1 | 744 | $277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several modern updates. It features contemporary vinyl plank flooring throughout and a kitchen equipped with updated stainless steel appliances and refreshed cabinetry. While the bathroom retains some original 1997 features like the tiled countertop, the overall condition is clean, functional, and shows minimal wear, fitting the criteria for a well-maintained home with partial renovations.
This corner-unit condo offers superior privacy and features a rare attached garage with direct access, providing a level of security and convenience typically found in larger townhomes.
The interior is move-in ready with contemporary vinyl plank flooring throughout, a cozy fireplace, and a kitchen upgraded with stainless steel appliances.
Located within a guard-gated community, residents enjoy premium amenities including a pool, fitness center, and scenic walking paths, ensuring a safe and active living environment.
The association fee of $457 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly budget for potential buyers.
The assigned middle and high schools are currently rated 4/10, which may be a consideration for families or investors focused on long-term educational proximity value.
This beautifully maintained one-bedroom corner-unit condo offers extra privacy and comfort in a guard-gated community. The home features an attached garage with direct access, a kitchen with stainless steel appliances, and vinyl plank flooring throughout. The spacious living room includes a cozy fireplace and private balcony, plus a separate dining area. Enjoy community amenities such as a pool, fitness center, and scenic walking paths perfect for relaxation and recreation.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 744 | 1,034 | 20% |
| Lot Size | 23,308 | - | 94% |
| Price | $198.9K | $184.5K | 55% |
| Price per sq ft | $267 | $205 | 94% |
| Built year | 1997 | 1996 | 52% |
| HOA | $457 | $220 | 98% |
| Days on market | 60 | 986 | 3% |
Feb 21, 2026
$198,900
Initial Listing