$3,150,000
PENDING $250K PRICE DROP

4381 W Flamingo Rd Unit 5708 Las Vegas, NV 89103

West of the Strip Neighborhood

Estimated payment $23,348/month

Total Views 3,412
2 Beds
2.5 Baths
3,142 Sq Ft
$1,003 Price per Sq Ft

Highlights

  • Fitness Center
  • 24-Hour Security
  • Heated Pool
  • Ed W Clark High School Rated A-
  • Penthouse
  • View of Las Vegas Strip

About This Home

Experience the ultimate in Las Vegas luxury living with this breathtaking penthouse. This fully furnished residence is designed for the perfect blend of luxury, convenience, and investment potential. The penthouse is located on the 57th floor offering unparalleled Strip and mountain views. The terrace is wrap around and has a private jacuzzi. Upgraded high end kitchen with top appliances. Sleek, modern interior with designer finishes. Just minutes from the Las Vegas Strip, this high-rise property offers a unique opportunity for short-term rental income, as it is eligible for Airbnb and other vacation rental platforms. Owner financing options available.

Listing Agent

Alex Kostushin

Advanced Brokers Brokerage Phone: 702-284-7100 License #B.1002066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,005

Year Built

  • Built in 2006

HOA Fees

  • $4,217 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Penthouse

Interior Spaces

  • 3,142 Sq Ft Home
  • Furnished
  • Built-In Features
  • Gas Fireplace
  • Tinted Windows
  • Blinds
  • Great Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa

Schools

  • Thiriot Elementary School
  • Sawyer Grant Middle School
  • Clark Ed. W. High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Energy-Efficient Windows
  • Terrace

Community Details

Overview

  • Association fees include cable TV, sewer, water
  • Terra West Association, Phone Number (702) 362-6262
  • High-Rise Condominium
  • Palms Place A Resort Condo & Spa At The Palms Lv Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,005

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4,217 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: Located near the Las Vegas Strip. From I15 and Flamingo, west on Flamingo, past Palms Casino and Hotel to Palms Place
  • Architectural Style: High Rise, Penthouse
  • Building Name: PALMS PLACE
  • Entry Level: 57
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Attribution Contact: 702-284-7100
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Amenities: Built-in Features, Window Treatments
  • Living Area: 3142.0
  • Window Features: Blinds, Tinted Windows

Exterior Features

  • Pool Features: Heated, Community
  • Pool Private: Yes
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Patio And Porch Features: Terrace
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: 24 Hour Security, Fire Sprinkler System
  • Cooling: Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Pool, Spa/Hot Tub
  • Association Fee: 4217.0
  • Association Fee Frequency: Monthly
  • Association Name: Terra West
  • Phone: 702-362-6262
  • Association: Yes
  • Pets Allowed: No, Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Sewer, Water

Schools

  • Elementary School: Thiriot, Joseph E.,Thiriot, Joseph E.
  • High School: Clark Ed. W.
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20005.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,005 $668,543 $388,101 $280,442
2024 $17,919 $668,543 $388,101 $280,442
2023 $17,578 $685,460 $432,853 $252,607
2022 $16,270 $614,885 $386,666 $228,219
2021 $14,965 $541,655 $316,333 $225,322
2020 $14,744 $543,230 $316,333 $226,897
2019 $13,818 $533,372 $316,333 $217,039
2018 $13,185 $449,569 $233,750 $215,819
2017 $13,296 $453,350 $233,750 $219,600
2016 $15,381 $523,345 $312,375 $210,970
2015 $15,358 $529,848 $312,375 $217,473
2014 $15,077 $544,289 $312,375 $231,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $3,150,000 -4.5% $1,003 / Sq Ft
02/19/2025 02/19/25 For Sale $3,300,000 -- $1,050 / Sq Ft
Source: Las Vegas REALTORS®

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed $1,500,000 Nevada Title Las Vegas
Interfamily Deed Transfer -- Stewart Title Las Vegas Warm
Bargain Sale Deed $3,290,000 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,809,500 Purchase Money Mortgage
Source: Public Records

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Source: Las Vegas REALTORS®

MLS Number: 2656966

Las Vegas REALTORS®

APN: 162-19-511-593