$299,999

5250 S Rainbow Blvd Unit 1131 Las Vegas, NV 89118

$3,562
Closing credit¹
3 beds
2 full
1,131 sqft
0.4 acres
$265 / sqft
Condo

Property details

About 5250 S Rainbow Blvd Unit 1131

Seller is super motivated & open 4 all negotiations! Welcome to 1ST-floor condo nestled within the desirable "LIFE SECURITY GUARD" gated community of Spanish Palms! Enter through the spacious porch and discover an inviting open-concept living and dining space, enhanced by a cozy gas fireplace and abundant natural light. Direct access to an attached two-car garage. kitchen impresses with wood cabinetry, sleek granite countertops, and stainless steel appliances. A practical in-unit laundry closet is conveniently situated along the hallway. Relax in primary suite, boasting a generous closet and private en suite bathroom with a shower-tub combo. Two additional guest bedrooms share a bathrm. Elegant laminate flooring and energy-efficient dual-pane windows elevate the comfort and appeal. Residents enjoy resort-inspired amenities, including a pool, jacuzzi, picnic areas, BBQ stations, a putting green, playground, dog park, fitness center, clubhouse, and more—luxury and leisure, right at home!

Highlights

Home typeCondominium
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,131 sqft
Lot size0.3651 Acres
Year built1997
ParkingAttached, Garage, Private, Guest
MLS #2671227
Attached garage2 spaces
FireplaceGas, Living Room

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Linoleum, Vinyl
  • Interior: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Fireplace: Gas, Living Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Garage, Private, Guest
  • Exterior: None
  • Architectural Style: Two Story
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric
  • List Price: $299,999
  • Price/SqFt: $265
  • HOA Amount: $432
  • HOA Frequency: Monthly
  • Annual Tax Amount: $1,265
  • Tax Year: 2024
  • Lot: Landscaped
  • Directions: From Tropicana and Rainbow, South Rainbow Left Into Spanish Palms Community.
  • Year Built: 1997
  • Stories: 2
  • Living Area: 1,131 SqFt
  • Lot Size: 0.3651 Acres
  • MLS Number: 2671227
  • MLS Name: GLVAR
  • Office Name: O'Harmony Realty LLC
  • Office Phone: (702) 220-3678
  • Listing Agent: Ramon C. Wu

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a balcony and stucco siding

$299,999

5250 S Rainbow Blvd Unit 1131

$3,562

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 06, 2015
Home Sold
$181,900
Apr 18, 2011
Home Sold
$5,500,000

Tax history

YearAssessmentProperty Tax
2024$60,597$1,265
2023$60,985$1,172
2022$54,347$1,085
2021$50,852$1,007
2020$50,677$1,005
2019$49,731$942
2018$41,357$898

History based on county public records data.

Nearby schools

5

Marion B. Earl Elementary School

Public District KG-5

0.3 mi

6650 W Reno Ave

7

Frank Kim Elementary School

Public District KG-5

1.1 mi

7600 Peace Way

8

Amplus Rainbow

Public Charter KG-3

1.2 mi

7077 W Patrick Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,472. Residents of Las Vegas, NV typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
55%
35k-100k
7%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
13%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5250 S Rainbow Blvd Unit 1131

The listing price of 5250 S Rainbow Blvd Unit 1131 property is $299,999.

The property 5250 S Rainbow Blvd Unit 1131 is a condo located in Las Vegas, Nevada, 89118.

Active Listing: 5250 S Rainbow Blvd Unit 1131 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5250 S Rainbow Blvd Unit 1131 are: Marion B. Earl Elementary School (GreatSchools Rating 5/10), Frank Kim Elementary School (GreatSchools Rating 7/10), Amplus Rainbow (GreatSchools Rating 8/10), Grant Sawyer Middle School (GreatSchools Rating 5/10), Kenny C. Guinn Middle School (GreatSchools Rating 6/10), Clifford J. Lawrence Junior High School (GreatSchools Rating 6/10), Durango High School (GreatSchools Rating 3/10), Nevada State High School Southwest (GreatSchools Rating 10/10), Spring Valley High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $1,265 (source: MLS/based on county public records data).

The last sale was on November 6, 2015 for $181,900 (source: MLS/tax record).

The property at 5250 S Rainbow Blvd Unit 1131 has 3 bedrooms and 2 bathrooms.

The property 5250 S Rainbow Blvd Unit 1131 is 1,131 SqFt (source: MLS/tax record).

The year of construction for 5250 S Rainbow Blvd Unit 1131 is 1997.

This home is located at 5250 S Rainbow Blvd Unit 1131 in Las Vegas, NV and zip code 89118 in the Spanish Palms Condominiums neighborhood. This 1,131 square foot home, which was built in 1997, sits on a 0.37 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $299,999.

In March 2025, from all listings sold in Las Vegas, NV there were more than 325 sold above asking price, over 927 sold below and more than 417 were sold right at the asked price. Between February and March 2025, Las Vegas, NV real estate market has seen increase in the number of listings by 17%. The median list price of listings available in March 2025 was $439,328, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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