$58,000
SOLD NOV 2, 2023

2891 S Rainbow Pahrump, NV 89048

1.1 Acres
$52,727 Price per Acre
47,916 Sq Ft Lot

Recently Sold

17% Below List Price

78 Days on Market

About This Lot

As of October 2024

This spacious lot offers breathtaking mountain views from every angle. It's conveniently equipped with all local utilities, ensuring a hassle-free living experience. With friendly neighbors nearby, it's the perfect location to build your dream home. Situated just below the Spring Mountain Raceway and at the entrance of the scenic Pahrump Valley, you'll enjoy the best of both worlds – tranquility and adventure. Plus, this oversized lot could become your slice of paradise if the price aligns with your vision! Don't miss this incredible opportunity. All this can be yours if the Price Is Right!

Last Agent to Sell the Property

Mark Peveler

Coldwell Banker Premier Brokerage Phone: (702) 379-7357 License #S.0074047 Listed on: 08/15/2023

Coldwell Banker Premier

Last Buyer's Agent

Jon Rancier

Advantage Realty License #BS.0146413

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $164

Lot Details

  • 1.1 Acre Lot
  • Property is in excellent condition

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$164

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.1
  • Directions: Take Hwy160 to Pahrump. Go left on South Rainbow. Property on left
  • ResoPropertyType: Land
  • Attribution Contact: (702) 379-7357
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Excellent

Utilities

  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (at lot), Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Family-1/2-2 Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 164.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 30, 2024
Sold by
M & M Painting Plus Llc
Bought by
Burnett Wesley G and Burnett Carolyn L
Seller's Agent
Jon Rancier
Advantage Realty
Buyer's Agent
Renee Propps
Nevada Realty
List Price
$590,000
Sold Price
$585,000
Premium/Discount to List
-$5,000
-0.85%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$585,000
Outstanding Balance
$580,339
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$62,841

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 30, 2023
Sold by
Wehrsig Family Joint Revocable Trust
Bought by
M & M Painting Plus Llc
Seller's Agent
Mark Peveler
Coldwell Banker Premier
Buyer's Agent
Jon Rancier
Advantage Realty
List Price
$70,000
Sold Price
$58,000
Premium/Discount to List
-$12,000
-17.14%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
932.44%
Original Mortgage
$57,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 28, 2023
Sold by
Wehrsig Cori Lin Noria
Bought by
Wehrsig Armin Carl
Seller's Agent
Mark Peveler
Coldwell Banker Premier
Buyer's Agent
Jon Rancier
Advantage Realty
List Price
$70,000
Sold Price
$58,000
Premium/Discount to List
-$12,000
-17.14%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $585,000 Security 1St Title
Bargain Sale Deed $58,000 Security 1St Title
Bargain Sale Deed -- Security 1St Title
Bargain Sale Deed -- Security 1St Title
Bargain Sale Deed -- Security 1St Title
Bargain Sale Deed -- Security 1St Title
Bargain Sale Deed -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $585,000 VA
Previous Owner $200,000 Construction
Previous Owner $57,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $630,000 -1.6% $227 / Sq Ft
07/15/2025 07/15/25 Price Changed $640,000 -1.5% $231 / Sq Ft
06/26/2025 06/26/25 For Sale $650,000 +11.1% $235 / Sq Ft
10/30/2024 10/30/24 Sold $585,000 -0.8% $211 / Sq Ft
05/06/2024 05/06/24 For Sale $590,000 +917.2% $213 / Sq Ft
11/02/2023 11/02/23 Sold $58,000 -17.1% --
08/15/2023 08/15/23 For Sale $70,000 -- --
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $171 $147,385 $4,135 $143,250
2024 $171 $4,135 $4,135 $0
2023 $171 $4,135 $4,135 $0
2022 $149 $4,135 $4,135 $0
2021 $143 $3,308 $3,308 $0
2020 $138 $3,308 $3,308 $0
2019 $131 $3,308 $3,308 $0
2018 $126 $2,646 $2,646 $0
2017 $127 $2,646 $2,646 $0
2016 $128 $2,646 $2,646 $0
2015 $128 $2,646 $2,646 $0
2014 $127 $2,646 $2,646 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Renee Propps

    Nevada Realty

  • J

    Seller's Agent in 2024

    Jon Rancier

    Advantage Realty

  • M

    Seller's Agent in 2023

    Mark Peveler

    Coldwell Banker Premier

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2520028

Las Vegas REALTORS®

APN: 42-581-05

Nevada Nye County Pahrump 89048

2891 S Rainbow, Pahrump, NV

This home is located at 2891 S Rainbow, Pahrump, NV 89048 and is currently priced at $58,000. 2891 S Rainbow is a home located in Nye County with nearby schools including Hafen Elementary School, Rosemary Clarke Middle School, and Pahrump Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® 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. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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