Upgraded 1 bed, 1 bath corner unit in the highly sought-after Spanish Palms gated community, just minutes from the Strip and Allegiant Stadium. This stylish condo features luxury vinyl plank flooring, granite counters, stainless steel appliances, and a private balcony. The open layout is perfect for entertaining, with a spacious primary suite. Enjoy the rare convenience of an attached private garage. Community amenities include 2 pools, spa, fitness center, clubhouse, pet park, and 24/7 security. Ideal for first-time buyers, investors, or those seeking low-maintenance Las Vegas living in a prime location.
Active
$215,000
5250 S Rainbow Blvd UNIT 2101, Spring Valley, NV 89118
1beds
744sqft
Est.:
Condominium
Built in 1997
-- sqft lot
$207,000 Zestimate®
$289/sqft
$432/mo HOA
What's special
Fitness centerCorner unitPet parkSpacious primary suiteStainless steel appliancesOpen layoutPrivate balcony
- 66 days |
- 116 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: October 23, 2025 at 01:24pm
Listed by:
Jillian M. Batchelor S.0059838 702-595-8036,
Real Broker LLC
Source: LVR,MLS#: 2726124
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Description: Closet
- Dimensions: 11x10
Primary bathroom
- Description: Shower Only
Dining room
- Description: Living Room/Dining Combo
- Dimensions: 12x10
Kitchen
- Description: Breakfast Bar/Counter,Granite Countertops,Stainless Steel Appliances,Tile Flooring
Living room
- Description: Entry Foyer,Front
- Dimensions: 15x13
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, Laundry Closet, Upper Level
Features
- Ceiling Fan(s), Window Treatments
- Flooring: Carpet, Ceramic Tile, Tile
- Windows: Blinds, Double Pane Windows, Low-Emissivity Windows
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 744
- Total interior livable area: 744 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Garage Door Opener, Inside Entrance, Private, Guest
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony, Exterior Steps
- Pool features: Community
- Fencing: None
Lot
- Size: 0.54 Acres
- Features: Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214207
- Zoning description: Single Family
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Two Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Tile
Condition
- Resale
- Year built: 1997
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Pool
- Security: Gated Community
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Gated, Pool, Guard, Spa/Hot Tub
- Services included: Association Management, Maintenance Grounds, Sewer
- HOA fee: $432 monthly
- HOA name: Spanish Palms
- HOA phone: 702-988-0321
Location
- Region: Spring Valley
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $123,851
- Annual tax amount: $747
- Date on market: 10/10/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Condominium
Estimated market value
$207,000
$197,000 - $217,000
$1,357/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Listed for sale | $215,000$289/sqft |
Source:  LVR #2726124 Report a problem | ||
| 10/9/2025 | Listing removed | $215,000$289/sqft |
Source: LVR #2694904 Report a problem | ||
| 10/1/2025 | Listed for sale | $215,000$289/sqft |
Source: LVR #2694904 Report a problem | ||
| 9/25/2025 | Contingent | $215,000$289/sqft |
Source: LVR #2694904 Report a problem | ||
| 7/21/2025 | Price change | $215,000-1.4%$289/sqft |
Source: LVR #2694904 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $747 +2.9% | $43,348 -1.1% |
| 2024 | $726 +3% | $43,813 +17.9% |
| 2023 | $705 +3% | $37,158 +4.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,425/mo
Principal & interest
$834
HOA Fees
$432
Other costs
$159
Climate risks
Neighborhood: Spring Valley
Nearby schools
GreatSchools rating
- 5/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Earl, Marion B.,Lundy, Earl B.
- Middle: Sawyer Grant
- High: Durango
Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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