Active listing · Condominium
$245,000
5250 Rainbow Boulevard #1029
Las Vegas, NV 89118
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,034 sq ft
- Price per sq ft
- $237
- Year built
- 1997
- HOA dues
- $448/mo
- On the market since Aug 3
- 94 days
Estimated payment
On assumptions, not terms you set: 20% down · 7.4% average rate · 30 years · conventional. Set your own in Buying power
- Principal & interest$1,35720% down · 7.4% average rate · 30 years · conventional
- Taxes (from the listing)$119the listing’s annual tax bill, $1,425 a year
- Insurance (estimated)$150an example figure, not a quote
- HOA (from the listing)$448
- Cash for the down payment$49,000
Estimate for educational and illustrative purposes only, from the assumptions shown, which you can change. It is not a loan offer, a Loan Estimate, a pre-qualification, an approval or a commitment to lend. The 7.4% interest rate is Freddie Mac’s national average for a 30-year mortgage, week of Oct 15, 2026. It is an average, not a rate offered by La Souq or Vision Home Mortgage; confirm the rate, APR, points and fees with your lender. The payment includes estimated property tax, insurance, HOA dues and mortgage insurance from those assumptions and the listing; your actual payment obligation will differ and may be greater. Property taxes can change after a sale, and home insurance should be quoted by an insurer. This estimate assumes a conventional loan. Mortgage insurance (estimated): 0.5% of the loan per year with less than 20% down; none otherwise. Loan program figures are as of October 14, 2026. Choosing a loan type here does not mean you qualify for it. All loans are subject to credit approval and underwriting. La Souq does not make loans. Confirm every figure with a licensed lender.
Location and directions
The route is drawn on the map above. Leave the box blank for the way to where you are now.
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/ 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*
Property details
- Home type
- Condo
- Year built
- 1997
- Stories
- 2
- Attached garage
- 2-car
- HOA dues
- $448/mo
- Front faces
- North
- On the market since Aug 3
- 94 days
Schools as listed by the MLS
- Elementary
- Marion B. Earl
- Middle
- Grant Sawyer
- High
- Durango
School assignments can change. Confirm them with the school district.
Inside
- Fireplace
- Main level
- Bathroom
- Bedroom
- Full Bath
- Interior
- Primary Downstairs
- Window Treatments
- Programmable Thermostat
- Flooring
- Luxury Vinyl Plank
- Fireplace
- Gas
- Living Room
Kitchen & laundry
- Appliances
- Dryer
- Disposal
- Gas Range
- Microwave
- Refrigerator
- Washer
- Laundry
- Electric Dryer Hookup
- Gas Dryer Hookup
- In Garage
- Main Level
Outside & lot
- Patio & porch
- Patio
- Lot
- Desert Landscaping
- Landscaped
- Rocks
None listed: Fencing
Building
- Style
- Two Story
- Roof
- Pitched
- Tile
Parking
- 2-car attached garage
- Parking
- Epoxy Flooring
- Garage Door Opener
- Inside Entrance
- Private
- Guest
Pool & spa
- No private pool
- No private spa
- Pool
- Community
Systems & utilities
- Cooling
- Central Air
- Electric
- Heating
- Central
- Energy saving
- Windows
- Utilities
- Underground Utilities
- Water
- Public
- Sewer
- Public Sewer
None listed: Photovoltaics
Community
- Subdivision
- Spanish Palms Condo
- Amenities
- Clubhouse
- Fitness Center
- Gated
- Barbecue
- Pool
- Guard
- Spa/Hot Tub
This listing
$14,000 lower (−5.4%) than when it was listed at $259,000 on Jul 27, 2026.
- Price reduced$245,000−$5,000 (2.0%)
- Price reduced$250,000−$9,000 (3.5%)
- Listed for sale$259,000
- Financing considered
- Cash
- Conventional
- FHA
- VA Loan
Price history covers this listing only. MLS rules do not allow past sales to be shown.
Taxes & dues
- Property tax
- $1,425/yr
- HOA dues
- $448/mo
- HOA covers
- Association Management
- Association
- Spanish Palms
- Price per sq ft
- $237
- Parcel number
- 163-26-214-057
As reported by the listing; about $119 a month.
- Bedrooms
- 2
- Full baths
- 2
- Stories
- 2
Room by room 4 rooms reported
- Primary Bedroom
- Primary Bathroom
- Bedroom 2
- Kitchen
Listing data updated Nov 5, 2026, 1:29 PM PST.
IDX The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. LVR MLS deems information reliable but not guaranteed. Copyright 2026 of the Las Vegas REALTORS® MLS. All rights reserved. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.