$395,000New this week

1221 Rainbow Meadows DriveLas Vegas, NV 89128

3 beds
2 baths
1,487 sq ft
4,356 sq ft lot
Built 1994

Listed by Daniela Mejia, Realty ONE Group, Inc, 702-898-0101

$266 per sq ft0 days on marketIDX MLS 2814537

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About this home

Fantastic opportunity for first-time homebuyers, investors, or anyone seeking single story living near Summerlin without HOA fees. Freshly painted, this 3-bedroom home features a functional floor plan, paid-off solar lease for energy savings, and a prime location close to shopping, dining, parks, schools, and major roadways.

How does this home compare?

At $266 a square foot, this home is 11% above the ZIP 89128 median of $240. It is larger than 62% of the 212 homes for sale there.

Priced higher than58%
Larger than62%
Listed longer than0%

Compared with the 212 homes for sale in ZIP 89128 today, from the MLS listings on this site.

Facts and features

The home

Type: Single Family Residence
Bedrooms: 3
Bathrooms: 2
Living area: 1,487 sq ft
Stories: 1
Year built: 1994
Primary bedroom: Downstairs
Solar power: Yes

Inside

Heating: Central, Gas
Cooling: Central Air, Electric
Flooring: Carpet, Tile
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
Laundry: Gas Dryer Hookup, Main Level
Features: Primary Downstairs

The lot and outside

Lot: 4,356 sq ft
Garage: 2 spaces
Private pool: No
Spa: No
Parking: Attached, Garage, Inside Entrance, Open
Roof: Tile
Outside: Patio, Private Yard
Facing: East

Costs

Property tax: $1,927 a year

The community

Neighborhood: Tennington Ridge-Phase 5
Gated: No

Schools

Elementary: McMillian, James B.
Middle: Becker
High: Cimarron-Memorial

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 1221 Rainbow Meadows Drive?

In Tennington Ridge-Phase 5, 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 $395,000 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 $2,362

Principal and interest$1,997
Property tax$198
Home insurance$167
HOA dues$0

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.