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5250 South Rainbow Boulevard 1040, Las Vegas, NV 89118

$235,000 Sold
2 Beds
2 Baths
1,034 Sq Ft
$227 $ / Sq Ft
0.54 Acres
1997 Year Built
123 Days on Market
See comparable sales
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Description

Spanish Palms Condominiums is a highly desirable, resort-style, guard-gated community with 24-hour security, featuring a stunning pool area with a waterfall, lush landscaping, and BBQ facilities. Residents also enjoy access to a fitness center and beautifully maintained parks. Ideally situated in a central Las Vegas location, the community offers convenient access to major employment hubs, dining, shopping, and entertainment. This downstairs 2-bedroom, 2-bath residence features a highly sought-after floor plan with bedrooms separated for privacy. The spacious family room includes a fireplace and opens to a private patio. A rare attached 2-car garage with direct interior access adds exceptional value and convenience.

Details

Year Built
1997
County
Clark
City
Las Vegas
Zip
89118
Neighborhood
Spanish Palms Condo
Elementary School
Earl, Marion B.
Middle School
Sawyer Grant
High School
Durango
HOA
Spanish Palms — $432/Monthly
HOA includes
  • Association Management
  • Maintenance Grounds
  • Sewer
  • Water
HOA amenities
  • Clubhouse
  • Dog Park
  • Fitness Center
  • Gated
  • Barbecue
  • Park
  • Pool
  • Guard
  • Spa Hot Tub
Garage
2 spaces
Parking
  • Attached
  • Garage
  • Garage Door Opener
  • Inside Entrance
  • Private
  • Guest
Levels
2

Features

Pool
No
Fireplace
1 Fireplace
Appliances
  • Dryer
  • Disposal
  • Gas Range
  • Microwave
  • Refrigerator
  • Washer

Interior

Interior Features
Window Treatments
Laundry
Gas Dryer Hookup, In Garage, Main Level

Exterior

Exterior Features
Patio
Lot Features
Landscaped, Less Than Quarter Acre
Patio/Porch
Patio
Roof
Tile
Windows
Window Treatments

Utilities

Heating
Central, Gas
Cooling
Central Air, Gas
Sewer
Public Sewer
Water Source
Public

Property History

DateEventPrice
Jul 2, 2026Sold$235,000
Jun 2, 2026Pending$235,000
May 11, 2026Price Reduced$245,000 → $235,000 (-4.1%)
Apr 21, 2026Price Reduced$249,500 → $245,000 (-1.8%)
Jan 30, 2026Listed$249,500

Market context

This home sold for $235,000 on July 2, 2026, 100.0% of its last list price of $235,000.

This home sold at $227 per sq ft; the median for active condos in ZIP 89118 is $232 (60 listings); the median for condos sold in ZIP 89118 in the last 90 days is $212 (20 sales).

Figures are computed from MLS listings in our database as of October 20, 2026 (medians refreshed hourly). Medians are shown only where at least 10 listings or sales are in the comparison.

Property Type
Status
Price
Beds
Baths

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To see the property located at 5250 South Rainbow Boulevard 1040, Las Vegas, NV 89118 or any other home on this website please call 702-200-0019.

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. 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. Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved. GLVAR deems information reliable but not guaranteed.

Listing #2752476 By Daniel I. Angelo (Dan@AngeloLV.com), Black & Cherry Real Estate

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