RE/MAX Reliance
5 Rainbow Point PlaceHenderson, NV 89011
- $1,579,053 per acre
- Land
- 18,731 sq ft lot
Listed by Eric Toomey, Las Vegas Sotheby's Int'l, 702-360-1414
About this home
Build your dream home in the prestigious gated North Shore community of Lake Las Vegas Estates, where luxury living meets breathtaking desert beauty. This exceptional 0.43-acre homesite offers a rare opportunity to create a custom residence tailored to your lifestyle, surrounded by scenic mountain vistas, tranquil desert landscapes, and elegant custom homes. As an added value, the property includes a $25,000 Sports Club membership, providing access to an array of world-class amenities, including championship golf, boating, tennis, fitness facilities, and resort-style recreation.
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Whether you envision a sleek contemporary masterpiece or a sophisticated desert retreat, this premium corner lot provides the perfect canvas to bring your vision to life. Enjoy the tranquility and exclusivity of one of Henderson's most sought-after communities while remaining just minutes from fine dining, shopping, entertainment, and all the recreational opportunities Lake Las Vegas has to offer. This is a rare opportunity to build your custom dream home and experience the unmatched lifestyle of one of Southern Nevada's premier resort destinations.
How does this home compare?
It is larger than 0% of the 247 homes for sale there.
- Priced higher than40%
- Larger than0%
- Listed longer than40%
Compared with the 247 homes for sale in Lake Las Vegas today, from the MLS listings on this site.
Facts and features
The home
- Type
- Land
The lot and outside
- Lot
- 18,731 sq ft
Costs
- Property tax
- $3,352 a year
- HOA dues
- $153 a month
The community
- Neighborhood
- Reflection Bay Lake Las Vegas
- MLS subdivision
- Parker Point Estates
- Community
- Lake Las Vegas
- Gated
- Yes
Schools
- Elementary
- ,
As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD
Know your number before you tour
Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Optional. You are free to use any lender.
Pick a time to see it
Free, no obligation. VIPhomes.Vegas confirms by text.
Know your number before you tour
Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Optional. You are free to use any lender.
Where is 5 Rainbow Point Place?
In Reflection Bay Lake Las Vegas, part of Lake Las Vegas, Henderson. The prices on the map are 6 similar homes for sale nearby.
- Las Vegas Strip25 min
- Harry Reid International Airport25 min*
- Water Street District, Henderson15 min*
- Galleria at Sunset18 min*
What would this home cost each month?
At the list price of $679,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.
- Principal and interest$3,433
- Property tax$340
- Home insurance$167
- HOA dues$153
Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.
What are homes selling for in Lake Las Vegas?
Homes in Lake Las Vegas sold for a median of $655,000 over the last 12 months, usually in about 83 days at 95.1 percent of the original list price. With 248 homes for sale, that is 13.9 months of supply. Supply is high, which gives buyers room to negotiate.
- Median sold price
- $655,000
- Median days to sell
- 83
- Sale to original price
- 95.1%
- Months of supply
- 13.9
Median sold price by month
| Month | Median sold price | Sales |
|---|---|---|
| Nov 2025 | $622,375 | 18 |
| Dec 2025 | $575,000 | 24 |
| Jan 2026 | $710,000 | 23 |
| Feb 2026 | $820,000 | 21 |
| Mar 2026 | $652,500 | 26 |
| Apr 2026 | $775,500 | 16 |
| May 2026 | $652,500 | 18 |
| Jun 2026 | $600,000 | 28 |
| Jul 2026 | $640,000 | 17 |
| Aug 2026 | $640,000 | 11 |
| Sep 2026 | $765,000 | 21 |
| Oct 2026 | $1,050,000 | 1 |
Closed sales in Lake Las Vegas, last 12 months, 241 sales. LVR data as of October 11, 2026.
How many Lake Las Vegas homes are for sale at each price?
Lake Las Vegas has 248 homes for sale. The most, 53, are priced between $500K and $750K.
- Listing information from LVR IDX, refreshed October 11, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
- Drive times are typical off-peak times from the middle of Lake Las Vegas, not live traffic. Times marked * are estimates.
- The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.

