5030 S Rainbow Boulevard Unit 206$242,8003 bd · 2 ba · 1,163 sqft
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5030 Rainbow — photo 1
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Active$242,800
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5030 S Rainbow Boulevard Unit 206

Las Vegas, NV 89118 · Trails Amd · Clark County
Property Type
Residential
Beds
3 Beds
Baths
2 Baths
Sq Ft
1,163 Sq. Ft.
Year Built
1987
County
Clark

AI Summary — The 30-Second Read

  • 5030 S Rainbow Boulevard Unit 206 priced at $242,800 ($209/sqft) in Trails Amd.
  • 3 bedrooms · 2 full + 0 half baths · 1,163 sqft on a city lot.
  • Residential built in 1987.
  • HOA $205/mo covers Clubhouse, Fitness Center, Pool.

About 5030 S Rainbow Boulevard Unit 206

Upstairs condo with 3 bedroom, 2 bathroom, 2 large balconies, located next to the community pool in the gated community of Vizcaya at The Trails. Freshly painted interior with a bright and open floor plan filled with natural light, high ceiling. Features a spacious living room, plus a upgraded kitchen with quartz countertops. Enjoy outdoor living from two private balconies, perfect for relaxing or entertaining. Community amenities include multiple pools, spas, tennis courts, and a fitness center.

Property Details

Community Information

Address
5030 S Rainbow Boulevard Unit 206, Las Vegas, NV 89118
Neighborhood
Trails Amd
County
Clark
City
Las Vegas
Subdivision
Trails Amd
Zip Code
89118

School Information

Elementary
Earl Marion B Elementary School (K-5) · 0 mi
Elementary
West Prep Elementary School (K-5) · 0 mi
Middle
Sawyer Grant Middle School (6-8) · 0 mi
High
College of So NV High School East (9-12) · 0 mi
High
College of So NV High School South (9-12) · 0 mi
High
College of So NV High School West (9-12) · 0 mi
High
Durango High School (9-12) · 0 mi
High
Northwest Career-Technical Academy High School (9-12) · 0 mi

Architecture

Bedrooms
3
Bathrooms
2 full
Year Built
1987

Features / Amenities

Heating
Natural Gas, Central

Property Features

Sewer
Public Sewer

Tax & Financial

Tax Annual Amount
$785
Association Fee
$205/mo
Association Amenities
Clubhouse, Fitness Center, Pool, Spa/Hot Tub
Senior Community
No

Mortgage Calculator

Estimated Monthly Payment
$1,569
  • Principal & Interest: $1,228
  • Property Tax: $65
  • Insurance: $71
  • HOA: $205
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Relocation Math

California → Nevada Tax Savings

Filing Status
Year-One Savings
$16,640
10-Year Cumulative
$190,759
See the breakdown
CaliforniaNevadaSavings
State income tax$15,304$0$15,304
Property tax (year 1)$2,671$1,335$1,336
Year-1 total$16,640

Estimate only. CA income tax uses 2026 inflation-adjusted brackets and the standard deduction; property tax assumes 1.10% CA effective rate (Prop 13 + assessments) and 0.55% Clark County effective rate. 10-year projection compounds the tax base at 3% per year. Consult a CPA before making relocation decisions.

Plan my Nevada move — (702) 637-1759

8 schools currently zoned to serve 5030 S Rainbow Boulevard Unit 206. Attendance-zone data via LiveBy; ratings reflect the most recent GreatSchools/NV state rank.

4/10
Earl Marion B Elementary School
Elementary · Grades K-5
Clark County School District (CCSD)
4/10
West Prep Elementary School
Elementary · Grades K-5
Clark County School District (CCSD)
4/10
Sawyer Grant Middle School
Middle · Grades 6-8
Clark County School District (CCSD)
8/10
College of So NV High School East
High · Grades 9-12
Clark County School District (CCSD)
10/10
College of So NV High School South
High · Grades 9-12
Clark County School District (CCSD)
10/10
College of So NV High School West
High · Grades 9-12
Clark County School District (CCSD)
4/10
Durango High School
High · Grades 9-12
Clark County School District (CCSD)
10/10
Northwest Career-Technical Academy High School
High · Grades 9-12
Clark County School District (CCSD)
The Neighborhood

Who lives in Spring Valley

An exclusive snapshot benchmarked against Spring Valley

Spring Valley tracks the metro average for age, with a median of 39, with 25% of households raising children. Owner-occupancy sits at 50%, in line with the county average, and median household income ($72K) tracks the county. 30% of adults hold a bachelor's degree, in line with the county.

Population
219,913
vs Spring Valley aggregate
Median HH Income
$72,364
vs Spring Valley $72K
Median Age
39
vs Spring Valley 39
Median Home Value
$407,900
vs Spring Valley $408K
Owner-Occupied
50%
vs Spring Valley 50%
Bachelor's+
30%
vs Spring Valley 30%
Has Children
25%
vs Spring Valley 25%
Avg HH Size
2.5
vs Spring Valley 2.5
Annual Turnover
44%
vs Spring Valley 44%
Density / sq mi
6,194
vs Spring Valley 6,194/sq mi
Age mix in Spring Valley
Children (0–17)
19%
Young Adults (18–24)
8%
Working Age (25–64)
57%
65 +
16%
How Spring Valley gets to work
Commute Time
Under 15 min
20%
15 – 29 min
52%
30 – 59 min
25%
60+ min
3%
Transportation Mode
Drove alone
73%
Worked from home / other
15%
Carpooled
9%
Public transit
2%
Walked
1%

Source American Census Survey 2023 via LiveBy. Benchmarks Spring Valley aggregate.

Your Match

Is Spring Valley right for you?

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The LVHSE Market Authority

Inside the Trails Amd Market

Trails Amd sits inside the 89118 ZIP, where the typical active listing is asking $345K and closed sales are pricing down 15.2% over the trailing twelve months. Recent comparable sales have cleared at roughly $250 per square foot, with the median property going under contract in about 44 days. Current absorption sits at 9.7 months of inventory — a buyer's market where negotiating room is typical.

Explore the Trails Amd Market Report →
Median Price
$345K
↓ 15.2% YoY
Avg DOM
44 days
$ / Sqft
$250
Inventory
9.7 mo
060708091011120102030405
5024 Rainbow
$193,500
$204/sqft · 6d
6650 Warm Springs
$231,000
$226/sqft · 208d
5876 Lindell
$1,450,000
$284/sqft · 19d
Comparable Sales

Recent sold comps in ZIP 89118

$234/sqft median

50 sold listings in ZIP 89118 from 2025-12-01 to 2026-05-30 — filtered to ±20% sqft of 1,163 sqft, ±1 bed. Showing the 6 most recent.

AddressSoldBedsSqftPrice$/sqft
5024 Rainbow Boulevard #103, Las Vegas2026-05-142949$193,500$204
5143 Briar Patch Way, Las Vegas2026-04-1031,198$288,000$240
5250 Rainbow Boulevard #1064, Las Vegas2026-04-1221,034$259,000$250
5131 Lindell Road #102, Las Vegas2026-04-072965$200,000$207
5034 Rainbow Boulevard #102, Las Vegas2026-03-1921,091$220,000$202
5250 Rainbow Boulevard #1054, Las Vegas2026-03-2431,131$275,000$243
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Sold-price data via Repliers IDX (live GLVAR MLS feed, refreshed hourly). Comparable sales are filtered by ZIP, bedroom count, and square footage range — not by lot, view, condition, upgrades, or HOA. Information deemed reliable but not guaranteed.

Similar Listings

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Similar listings populate once the Repliers comparables API returns matches.

Frequently Asked Questions

What are the HOA fees and what do they cover?

HOA fees run $205/month and cover Clubhouse, Fitness Center, Pool, Spa/Hot Tub.

Is this a gated community?

Not according to the listing data. Contact us to confirm.

What schools serve 5030 S Rainbow Boulevard Unit 206?

Earl Marion B Elementary School (K-5) · West Prep Elementary School (K-5) · Sawyer Grant Middle School (6-8) · College of So NV High School East (9-12) · College of So NV High School South (9-12) · College of So NV High School West (9-12) · Durango High School (9-12) · Northwest Career-Technical Academy High School (9-12)

How long has this property been on the market?

0 days on site as of 2026-05-30.

Is the home in a flood zone?

Most of Las Vegas sits in FEMA Zone X (low-risk). We pull the official FEMA flood map for this address during the offer phase — ask the listing agent for a current report.

What appliances and features are included?

Full appliance list and inclusions are confirmed during the offer and inspection phase.

How is the internet and cell service in this area?

Las Vegas metro has gigabit fiber via Cox + Quantum Fiber in most master plans plus T-Mobile / Verizon / AT&T 5G coverage. We pull the FCC broadband map for this exact address upon request.

Can you provide recent comparable sales?

Yes — we pull a custom comp set within 0.5 miles closed in the last 90 days. Request it via the Schedule a Tour form above or call (702) 637-1759.

Proven Results

Why Work With Us?

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Total Sales Volume
6,225+
Properties Sold
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Licensed Agents
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5-Star Reviews
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Years of Experience
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Subdivision: Trails Amd · MLS #2787044 · Las Vegas, NV 89118 · Updated 2026-05-30

Listing provided courtesy of LIFE Realty District.

Information deemed reliable but not guaranteed. 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® (GLVAR). Listings are courtesy of various agents and brokerages participating in the program. All listing data is updated by Repliers and may not reflect all real estate activity in the market.

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