MLS #2698949
About MLS #2698949
4.86 +/- Acres Make your Highest & Best offer City of Las Vegas jurisdiction Commercial Zoned (U(SC)) for Undeveloped Service Commercial Two points of ingress of Sahara Ave Sidewalks and curbs Developed area south and east of Summerlin and west of the Las Vegas Strip
Location
Open in Google Maps →Property Details
Community Information
- Address
- MLS #2698949, Las Vegas, NV 89117
- County
- Clark
- City
- Las Vegas
- Zip Code
- 89117
School Information
- Elementary
- Derfelt Herbert A Elementary School (K-5) · 0 mi
- Elementary
- West Prep Elementary School (K-5) · 0 mi
- Middle
- Johnson Walter Junior High School Academy of Int'l Studies (6-8) · 0 mi
- High
- Bonanza High School (9-12) · 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
- Northwest Career-Technical Academy High School (9-12) · 0 mi
Architecture
- Bedrooms
- 0
- Bathrooms
- 0 full
Property Features
- Lot Size
- 4.86 sqft (4.86 ac)
Tax & Financial
- Tax Annual Amount
- $16,611
- Association Fee
- None
- Senior Community
- No
- Listed$8,000,000November 13, 2025
- TodayActive204 days on market
List date approximated from current days-on-market. Source: GLVAR MLS via Repliers IDX.
Mortgage Calculator
- Principal & Interest: $40,452
- Property Tax: $1,384
- Insurance: $2,333
California → Nevada Tax Savings
See the breakdown
| California | Nevada | Savings | |
|---|---|---|---|
| State income tax | $15,304 | $0 | $15,304 |
| Property tax (year 1) | $88,000 | $44,000 | $44,000 |
| Year-1 total | $59,304 | ||
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.
Schools
View all schools →8 schools currently zoned to serve MLS #2698949. Attendance-zone data via LiveBy; ratings reflect the most recent GreatSchools/NV state rank.
Who lives in Rainbow Park
An exclusive snapshot benchmarked against Las Vegas
Rainbow Park skews older — median age 48, well above Las Vegas's 39, with 27% of households raising children. Owner-occupancy runs at 86%, well above the 56% county average, and median household income ($112K) significantly outpaces the county's $71K. 24% of adults hold a bachelor's degree, in line with the county, with annual turnover (48%) above the county's 40%.
Source American Census Survey 2023 via LiveBy. Benchmarks Las Vegas aggregate.
Is Rainbow Park right for you?
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Inside the Las Vegas Market
Las Vegas sits inside the 89117 ZIP, where the typical active listing is asking $533K and closed sales are pricing up 3.7% over the trailing twelve months. Recent comparable sales have cleared at roughly $272 per square foot, with the median property going under contract in about 34 days. Current absorption sits at 6.5 months of inventory — a buyer's market where negotiating room is typical.
Explore the Las Vegas Market Report →Similar Listings
View all →Frequently Asked Questions
What are the HOA fees and what do they cover?
MLS #2698949 has no HOA reported on the listing — there are no monthly association dues on record for this property.
What schools serve MLS #2698949?
MLS #2698949 is zoned for Derfelt Herbert A Elementary School (K-5, GreatSchools 4/10); West Prep Elementary School (K-5, GreatSchools 4/10); Johnson Walter Junior High School Academy of Int'l Studies (6-8, GreatSchools 6/10); Bonanza High School (9-12, GreatSchools 2/10); College of So NV High School East (9-12, GreatSchools 8/10); College of So NV High School South (9-12, GreatSchools 10/10); College of So NV High School West (9-12, GreatSchools 10/10); Northwest Career-Technical Academy High School (9-12, GreatSchools 10/10). Clark County School District boundaries can change year to year — confirm current zoning before you write an offer.
What is the price per square foot?
MLS #2698949 is listed at $8,000,000. Square-footage detail is confirmed from the county assessor record and appraisal.
What is the estimated monthly payment?
Estimated principal & interest on MLS #2698949 runs about $40,452/month, based on 20% down on the $8,000,000 list price and a 30-year fixed at 6.5%. Property taxes, insurance are additional — use the mortgage calculator on this page to model your own rate and down payment.
Has the price been reduced?
MLS #2698949 is listed at $8,000,000 with no price reductions on record since it came to market 204 days ago.
How long has MLS #2698949 been on the market?
MLS #2698949 has been on the market 204 days as of 2026-03-25.
What are recent comparable sales near MLS #2698949?
We pull a custom comparable-sales set within 0.5 miles closed in the last 90 days for MLS #2698949 — request it via the Schedule a Tour form above or call (702) 637-1759.
Is this a gated community?
MLS #2698949 is not flagged as being inside a gated community in the listing data. Call (702) 637-1759 and we'll confirm the access details.
Is MLS #2698949 in a flood zone?
Most of the Las Vegas valley sits in FEMA Zone X (low-risk), and we do not show a high-risk flood designation on file for MLS #2698949. We pull the official FEMA flood map for this exact address before you write an offer — call (702) 637-1759 for the current determination.
What appliances and features are included?
The full appliance and inclusions list for MLS #2698949 is confirmed during the offer and inspection phase — call (702) 637-1759 for current details.
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Listing provided courtesy of ERA Brokers Consolidated.
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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