NOT LISTED FOR SALE

5 Rainbow Point Henderson, NV 89011

Lake Las Vegas Neighborhood

Estimated Value: $619,398 - $633,000

0.43 Acres
$1,452,558 Price per Acre
18,731 Sq Ft Lot

Sale Details

Date Sold: February 22, 2021

Last sale price $462,000

Est. 35% increase in value since last sale

Current estimated payment $4,039 / mo

254 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Cul-De-Sac
  • On Golf Course
  • 0.43 Acre Lot

About This Lot

As of February 2021

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Custom Home.

Last Agent to Sell the Property

Gene Northup

Las Vegas Sotheby's Int'l License #S.0037249 Listed on: 05/13/2020

Las Vegas Sotheby's Int'l

Last Buyer's Agent

Matt Shiel

Simply Vegas License #S.0167278

Simply Vegas

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,708

Lot Details

  • 18,731 Sq Ft Lot
  • Lake Front
  • On Golf Course
  • Cul-De-Sac

HOA Fees

  • $425 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

Overview

  • Lake Las Vegas Maste Association, Phone Number (702) 568-7948
  • Parker Point Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,708

Lot Details

0.43 Acres

HOA Fees

$425 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Subdivision Name: Parker Point Estates
  • Directions: FROM LAKE MEAD PKWY, TURN LEFT ON LAKE LAS VEGAS PKWY, LEFT ON MONTELAGO BLVD, GO PAST THE WESTIN. SALES CENTER 2030 LAKE LAS VEGAS PKWY ON RIGHT.
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Lake Front, On Golf Course

Utilities

  • Security: Gated Community
  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated
  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Las Vegas Maste
  • Phone: 702-568-7948
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

Lot Info

  • Lot Size Sq Ft: 18731.0
  • Additional Parcels Description: ---
  • Zoning Description: Family-Less Than 1/2 Acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2025
Sold by
Williams Maurice
Bought by
Smith Russ and Smith Lindsay
Current Estimated Value
$624,600

Purchase Details

Closed on
Jul 12, 2024
Sold by
Kahan Michael S
Bought by
Williams Maurice

Purchase Details

Closed on
Apr 30, 2022
Sold by
Phillips Rbetrice Renee
Bought by
Kahan Michael S

Purchase Details

Listed on
May 13, 2020
Closed on
Feb 19, 2021
Sold by
Lake Las Vegas Recovery Acquisition Llc
Bought by
Kahan Michael S and Betrice Phillips R
Seller's Agent
Gene Northup
Las Vegas Sotheby's Int'l
Buyer's Agent
Matt Shiel
Simply Vegas
List Price
$400,000
Sold Price
$462,000
Premium/Discount to List
$62,000
15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Smith Russ $629,750 Equity Title
Williams Maurice $505,000 Wfg National Title
Kahan Michael S -- --
Kahan Michael S $462,000 First American Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $462,000 +15.5% --
01/23/2021 01/23/21 Pending -- -- --
05/13/2020 05/13/20 For Sale $400,000 -- --
Source: Las Vegas REALTORS®

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
2026 $3,353 $175,846 $175,000 $846
2025 $3,105 $184,595 $183,750 $845
2024 $2,875 $184,595 $183,750 $845
2023 $2,875 $102,863 $102,025 $838
2022 $2,663 $100,785 $100,100 $685
2021 $2,466 $96,903 $96,250 $653
2020 $1,823 $78,997 $78,750 $247
2019 $1,708 $63,241 $63,000 $241
Source: Public Records

Agents Affiliated with this Home

  • Gene Northup

    Seller's Agent in 2021

    Gene Northup

    Las Vegas Sotheby's Int'l

    (702) 497-0301

    94 in this area

    126 Total Sales

    Gene Northup
    Section Image

  • M

    Buyer's Agent in 2021

    Matt Shiel

    Simply Vegas

    (702) 336-4635

    40 Total Sales

    Matt Shiel
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2196635

Las Vegas REALTORS®

APN: 160-15-820-021

Nevada Clark County Henderson 89011 Lake Las Vegas

5 Rainbow Point, Henderson, NV

Not Listed for Sale

Lots

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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 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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