$245,000Price reduced

Reduced from $255,000

5250 S Rainbow Boulevard #2079Las Vegas, NV 89118

  • 2 beds
  • 2 baths
  • 1,034 sq ft
  • Built 1997

Listed by Brian P. Bauchman, Vegas Valley Group, 702-219-3128

$237 per sq ft12 days on marketHOA $448/moIDX MLS 2804559

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About this home

Seller is offering an incredible buyer incentive. With a full price offer, the seller will prepay $10,752 in HOA dues, equivalent to two full years at the current monthly rate. Nestled within the guard-gated Spanish Palms community, this move-in ready two-bedroom, two bath condominium features the rare convenience of a private two-car attached garage with direct access into the home. The open-concept floor plan features luxury vinyl plank flooring throughout the main living areas, a cozy fireplace, and a well-appointed kitchen with granite countertops, stainless steel appliances, and ample cabinet space.

Read more

The spacious primary suite includes an en-suite bath, while the second bedroom and full bath provide flexibility for guests or a home office. Centrally located just four miles west of the Las Vegas Strip, this home offers easy access to the I-215 Freeway, Harry Reid International Airport, Allegiant Stadium, shopping, and dining. Residents enjoy resort-style amenities including two sparkling pools, a fitness center, clubhouse, business center, BBQ areas, a pet park, and a putting green. Experience the perfect blend of comfort, convenience, and exceptional value at Spanish Palms.

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 than35%

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

What has the price done?

Listed 12 days ago at $255,000. The price has come down once, $10,000 in all (4%).

  1. Listed$255,000
  2. Price cut $10,000$245,000

Facts and features

The home

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

Inside

Heating
Central, Gas
Cooling
Central Air, Electric
Flooring
Carpet, Luxury Vinyl Plank
Appliances
Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, and more
Laundry
Gas Dryer Hookup, Laundry Closet
Features
Ceiling Fans, Window Treatments

The lot and outside

Lot
0 sq ft
Garage
2 spaces
Private pool
No
Spa
No
Pool
Community
Parking
Attached, Garage, Garage Door Opener, Guest, and more
Roof
Tile
Outside
Balcony
Facing
North

Costs

Property tax
$1,349 a year
HOA dues
$448 a month
HOA covers
Association Management, Maintenance Grounds, Reserve Fund, Sewer, Security, Trash, and more

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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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
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 #2079?

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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