$2,950,000Price reduced

Reduced from $3,000,000

4381 W Flamingo Road #57308Las Vegas, NV 89103

2 beds
3 baths
3,142 sq ft
Built 2006

Listed by Kamran D. Zand, Luxury Estates International, 702-907-8770

$939 per sq ft34 days on marketHOA $4,217/moIDX MLS 2792811

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About this home

Perched high above the city on the 57th floor of Palms Place, this spectacular corner end cap penthouse delivers unobstructed, panoramic Strip views and a rare private outdoor spa—an extraordinary feature seldom found at this elevation. Renovated beyond its original design, the residence offers 2 luxury suites with spa-inspired bathrooms, an additional half bath and a full kitchen. Offered fully furnished, it's turnkey and income-ready.

Approved for short-term rental, this high cash-flow investment presents a compelling opportunity for the astute buyer seeking recurring income, tax depreciation advantages, and the flexibility to enjoy personal use. Residents and guests enjoy access to world-class amenities including a resort-style pool, fitness center, concierge services, dining, gaming, and movie theater—all steps away. Penthouses of this caliber rarely become available. The adjacent penthouse, unit 57306, is also available for purchase which would give you a combined square footage of 5,180! Adding to the penthouse's long-term appeal, the Vegas Loop by The Boring Company has proposed a future station at Palms, potentially providing residents with fast, convenient underground transportation to many of Las Vegas' premier destinations when completed.

How does this home compare?

At $939 a square foot, this home is 230% above the ZIP 89103 median of $284. It is larger than 99% of the 321 homes for sale there.

Priced higher than99%
Larger than99%
Listed longer than52%

Compared with the 321 homes for sale in ZIP 89103 today, from the MLS listings on this site.

What has the price done?

Listed 34 days ago at $3,000,000. The price has come down once, $50,000 in all (2%).

Jun 30Listed$3,000,000
Aug 3Price cut $50,000$2,950,000

Facts and features

The home

Type: High Rise
Bedrooms: 2
Bathrooms: 3
Living area: 3,142 sq ft
Year built: 2006
Fireplace: Yes

Inside

Heating: Central, Electric
Cooling: Electric
Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
Laundry: Electric Dryer Hookup, Laundry Closet
Features: Window Treatments, Programmable Thermostat

The lot and outside

Private pool: No
Spa: Yes
View: City, Mountains, Strip View
Pool: Community
Parking: Valet, Guest

Costs

Property tax: $19,607 a year
HOA dues: $4,217 a month
HOA covers: Association Management, Insurance, Maintenance Grounds, Recreation Facilities, Reserve Fund

The community

Neighborhood: Palms Place A Resort Condo & Spa At The Palms Lv
Gated: No

Schools

Elementary: Thiriot, Joseph E.
Middle: Sawyer Grant
High: Clark Ed. W.

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

Get pre-approved

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.

Jeremy DayFive Star Mortgage · NMLS 2819600

Or apply online with Jeremy

Optional. You are free to use any lender.

Tour this home

Pick a time to see it

Free, no obligation. VIPhomes.Vegas confirms by text.

VIPhomes.VegasReplies the same day

Call Text

Get pre-approved

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.

Jeremy DayFive Star Mortgage · NMLS 2819600

Or apply online with Jeremy

Optional. You are free to use any lender.

Where it is

Where is 4381 W Flamingo Road #57308?

In Palms Place A Resort Condo & Spa At The Palms Lv, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Directions

Cost of ownership

What would this home cost each month?

At the list price of $2,950,000 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.

Estimated monthly payment $20,775

Principal and interest$14,917
Property tax$1,475
Home insurance$167
HOA dues$4,217

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.

Fine print

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.
The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.