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$245,000Price reduced

Reduced from $259,000

5250 S Rainbow Boulevard #1029Las Vegas, NV 89118

  • 2 beds
  • 2 baths
  • 1,034 sq ft
  • 15,903 sq ft lot
  • Built 1997

Listed by Ethel Macasaquit, Signature Real Estate Group, 702-268-2631

$237 per sq ft45 days on marketHOA $448/moIDX MLS 2803825

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About this home

Thoughtfully maintained and ideally located, this charming home offers a comfortable, low-maintenance lifestyle with tasteful updates where they matter most*Both bathrooms showcase newly installed quartz countertops and crisp white cabinetry, offering a clean, timeless design*Luxury vinyl plank flooring throughout*2-car garage w/ epoxy flooring & additional storage*Inviting living room with a cozy fireplace*Stylish kitchen with granite countertops, newer dishwasher, & updated light fixtures*Split-bedroom floor plan offers added privacy with bedrooms on opposite sides of the home*French door opens to a private patio, ideal for relaxing or entertaining*HOA covers water, sewer, & trash, while maintaining the beautifully landscaped grounds & resort-style amenities*Resort-style amenities include two sparkling pools, clubhouse, putting green, and park*Prime location within the community just minutes from the guardhouse for easy owner & guest access*Rare abundance of guest parking conveniently located in both the front and rear of the home***Prime central Las Vegas location just minutes from the Las Vegas Strip, Allegiant Stadium, shopping, dining, Harry Reid International Airport, & easy access to I-215*Perfect for downsizing, as a primary residence, second home, or lock-and-leave property*

How does this home compare?

At $237 a square foot, this home is 7% below the ZIP 89118 median of $256. It is larger than 19% of the 155 homes for sale there.

  • Priced higher than21%
  • Larger than19%
  • Listed longer than55%

Compared with the 155 homes for sale in ZIP 89118 today, from the MLS listings on this site.

What has the price done?

Listed 45 days ago at $259,000. The price has come down once, $14,000 in all (5%).

  1. Listed$259,000
  2. Price cut $14,000$245,000

Facts and features

The home

Type
Condominium
Bedrooms
2
Bathrooms
2
Living area
1,034 sq ft
Stories
2
Year built
1997
Primary bedroom
Downstairs
Fireplace
Yes
Solar power
Yes

Inside

Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Luxury Vinyl Plank
Appliances
Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, In Garage, and more
Features
Bathroomon Main Level, Bedroom On Main Level, Full Bath On Main Level, Primary Downstairs, Window Treatments, Programmable Thermostat

The lot and outside

Lot
15,903 sq ft
Garage
2 spaces
Private pool
No
Spa
No
Pool
Community
Parking
Attached, Epoxy Flooring, Garage, Garage Door Opener, and more
Roof
Pitched, Tile
Outside
Patio
Facing
North

Costs

Property tax
$1,425 a year
HOA dues
$448 a month
HOA covers
Association Management

The community

Neighborhood
Spanish Palms Condo
Gated
Yes

Schools

Elementary
Earl, Marion B.
Middle
Sawyer Grant
High
Durango

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

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Jeremy DayFive Star Mortgage · NMLS 2819600
Or apply online with Jeremy

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Tour this home

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

VIPhomes.VegasReplies the same day
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 5250 S Rainbow Boulevard #1029?

In Spanish Palms Condo, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Cost of ownership

What would this home cost each month?

At the list price of $245,000 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 $1,976
  • Principal and interest$1,239
  • Property tax$123
  • Home insurance$167
  • HOA dues$448

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.

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