5250 S Rainbow Boulevard 2157, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
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Las Vegas, NV 89118
This Resort-Style Guard-Gated Condominium offers a sophisticated lifestyle, listed at $279,000. While priced above the $249,913 Fair Market Value, the property commands a premium due to its rare Attached 2-Car Garage and Condition Rating of 3. The interior features high-value updates including Modern Wood-Look Flooring and Stainless Steel Appliances. Residents benefit from 24-hour security and luxury amenities near Marion B Earl Elementary. This polished residence is a perfect match for Owner-Occupants or first-time buyers seeking a secure, turnkey sanctuary in Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5250 S Rainbow Boulevard 2157 Subject | $279,000* List Price | 2 | 2 | 1,034 | $242 | - |
A 5250 S Rainbow Boulevard 2002 Sold | $250,000 | 2 | 2 | 1,034 | $242 | 0.1 mi |
B 5250 S Rainbow Boulevard 1011 Sold | $225,000 List Price | 2 | 2 | 1,034 | 0.1 mi | |
C 5250 S RAINBOW BL Boulevard 2002 Sold | $250,000 | 2 | 2 | 1,034 | $242 | 0.1 mi |
D 5250 S Rainbow Boulevard 1004 Sold | $250,000 | 3 | 2 | 1,131 | $221 | 0.1 mi |
E 5250 S Rainbow Boulevard 2126 Sold | $298,000 List Price | 3 | 2 | 1,131 | 0.1 mi | |
F 5250 S Rainbow Boulevard 1064 Pending | $249,990 List Price | 2 | 2 | 1,034 | $242 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997 (27 years old) but features recent cosmetic updates including modern wood-look flooring and stainless steel appliances. The property appears well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation cycle.
Located in a guard-gated community with 24-hour security, residents enjoy premium amenities including a pool, fitness center, and lush landscaping with a waterfall.
A rare find for condominiums, this unit includes an attached 2-car garage with direct walk-up access, providing enhanced privacy, security, and storage.
The home features contemporary upgrades such as modern flooring, stainless steel appliances, and a stylish kitchen, offering a move-in-ready experience.
At $448 per month, the association fees are relatively high for a 1,034-square-foot unit, which may impact the overall affordability for some buyers.
While the property is conveniently located near several schools, the assigned middle and high schools have average ratings of 4/10, which may be a concern for families.
Welcome to Spanish Palms—an Oasis in the Heart of Las Vegas! This resort-style, guard-gated community with 24-hour security offers luxury, comfort, and convenience. Ideally located just steps from the pool and exercise facility, enjoy lush landscaping, BBQ area, and a stunning waterfall. This beautifully updated 2-bedroom, 2-bath home features an attached 2-car garage with direct walk-up access into the home. Inside, enjoy modern flooring, stainless steel appliances, and a stylish kitchen. The spacious family room includes a cozy fireplace and private balcony, perfect for relaxing or entertaining. Centrally located near dining, shopping, and entertainment. Residents enjoy a modern fitness center and beautifully maintained parks. HOA includes water, sewer, and trash. Resort-style living at its finest!
No exterior & parking available.
Grades PK-5 • 0.3 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,034 | 1,035 | 50% |
| Lot Size | 15,903 | - | 91% |
| Price | $279.0K | $189.8K | 94% |
| Price per sq ft | $270 | $207 | 96% |
| Built year | 1997 | 1996 | 54% |
| HOA | $448 | $221 | 99% |
| Days on market | 9 | 895 | 1% |
Apr 13, 2026
$279,000
Initial Listing