
Las Vegas, NV 89118
This Stunning Move-In Ready Condo is a Strong Value Opportunity, listed at $308,999—positioned well below the $283,645 Fair Market Value by -8%. While priced slightly above market, the property features a Mint Condition Rating following a complete top-to-bottom renovation, including a quartz kitchen and luxury vinyl flooring. Residents enjoy resort-style amenities and proximity to top-rated schools like Marion B. Earl Elementary. With an oversized two-car garage and seller-paid HOA incentives, this residence is the perfect fit for first-time buyers or owner-occupants seeking a polished, stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5250 South Rainbow Boulevard 1063 Subject | $308,999* List Price | 3 | 2 | 1,131 | $251 | - |
A 5250 S RAINBOW BL Boulevard 1004 Sold | $250,000 | 3 | 2 | 1,131 | $221 | 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 | $298,000 List Price | 3 | 2 | 1,131 | 0.1 mi | |
D 5038 S Rainbow Boulevard 206 Sold | $240,000 | 3 | 2 | 1,163 | $206 | 0.4 mi |
E 5201 S Torrey Pines Drive 1181 Sold | $360,000 | 2 | 3 | 1,467 | $245 | 0.2 mi |
F 5250 S Rainbow Boulevard 2083 Pending | $279,900 List Price | 3 | 2 | 1,131 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone a complete top-to-bottom renovation within the last 5 years. It features a fully redesigned kitchen with quartz countertops and brand-new stainless steel appliances, updated spa-inspired bathrooms with custom cabinetry, and new flooring (LVP and carpet) throughout. The presence of brand-new appliances and fresh designer paint puts it in mint, move-in-ready condition.
The property has been completely renovated from top to bottom with high-end finishes including quartz countertops, luxury vinyl plank flooring, and brand-new stainless steel appliances, offering a move-in-ready experience.
This ground-floor unit features an oversized two-car garage with direct access, a premium and rare amenity for Las Vegas condos that provides exceptional convenience and storage.
The seller's offer to pay one full year of HOA dues provides substantial immediate value and savings, complementing the resort-style amenities of the secure, guard-gated community.
At $448 per month, the association fees are relatively high, which may impact the debt-to-income ratio for some buyers and increase long-term carrying costs.
Constructed in 1997, the property may not meet the latest energy-efficiency standards or feature the modern architectural aesthetics found in newer Las Vegas developments.
Welcome to luxury living in the highly sought-after guard-gated Spanish Palms community! This stunning ground-floor condo has been beautifully renovated from top to bottom, offering the perfect blend of style, comfort, and convenience. Featuring 3 spacious bedrooms and 2 fully updated bathrooms, this move-in-ready home showcases fresh designer paint, new baseboards, luxury vinyl plank flooring, and plush new carpeting throughout. The beautifully redesigned kitchen boasts elegant quartz countertops, brand-new stainless-steel appliances, and flows seamlessly into the open-concept living area highlighted by a cozy fireplace—perfect for relaxing or entertaining. Retreat to the spacious primary suite complete with a walk-in closet, ceiling fan, and a beautifully remodeled spa-inspired bathroom featuring custom cabinetry and a walk-in shower. An oversized two-car garage with direct access provides exceptional convenience, while the brand-new washer and dryer are available for negotiation. Ideally located just minutes from the 215 Beltway, shopping, dining, and the airport, this home offers unmatched accessibility. Residents enjoy an impressive collection of resort-style amenities, including sparkling pools, relaxing spas, a fitness center, park, dog park, and beautifully maintained grounds. Added buyer incentive: The seller is offering to pay one full year of HOA dues with an acceptable offer, providing added value and savings from day one. This is more than a home—it's a lifestyle. Don't miss the opportunity to own one of the most desirable residences in Spanish Palms.
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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,131 | - |
| Lot Size | 15,903 | - |
| Price | $309.0K | $217.2K |
| Price per sq ft | $273 | $219 |
| Built year | 1997 | 0 |
| HOA | $448 | $0 |
| Days on market | 36 | 828 |
Jun 16, 2026
$308,999
Initial Listing