Urban Professionals
- Strip-area employment five minutes from the front door
- Lock-and-leave lifestyle with on-site amenities
- Fremont Street and Arts District social calendar
- RTC transit and rideshare supplement car commuting
Downtown Las Vegas
206 Grand Residences Condos For Sale
Nevada's #1 team for downtown Las Vegas condo sales. Search 206 Grand Residences — a 60-unit guard-gated mid-rise steps from Fremont Street — with live MLS data and building-specific expert guidance.
Where Can I Find 206 Grand Residences Units For Sale?
Downtown ZIP 89101 carried 174 active listings in June 2026 per NREG’s MLS analysis MLS data, with 206 Grand Residences units priced $250K–$500K inside that broader market. Because the building holds only 60 residences, inventory is scarce — listings below refresh daily, and our team monitors for off-market opportunities as well.
Homes for sale in ZIP 89101 near 206 Grand Residences
- 150 Las Vegas Boulevard, Unit 2015, Las Vegas 89101 — $324,999 · 1 bd · 1.5 ba · 963 sq ft · Courtesy of eXp Realty
- 353 E Bonneville Avenue, Unit 421, Las Vegas 89101 — $429,900 · 2 bd · 2 ba · 1,274 sq ft · Courtesy of Realty ONE Group, Inc
- 521 S Maryland Parkway, Unit 21A, Las Vegas 89101 — $109,900 · 2 bd · 1 ba · 720 sq ft · Courtesy of eXp Realty
- 353 E Bonneville Avenue, Unit 501, Las Vegas 89101 — $169,900 · 1 bd · 1 ba · 687 sq ft · Courtesy of Century 21 Americana
- 900 Las Vegas Boulevard, Unit 1216, Las Vegas 89101 — $349,950 · 2 bd · 2 ba · 1,356 sq ft · Active Under Contract · Courtesy of eXp Realty
- 1217 Vaughn Street, Las Vegas 89101 — $399,990 · 4 bd · 2 ba · 1,368 sq ft · Active Under Contract · Courtesy of Barrett & Co, Inc
- 805 N 19th Street, Las Vegas 89101 — $349,000 · 3 bd · 2 ba · 1,179 sq ft · Active Under Contract · Courtesy of Realty ONE Group, Inc
- 3113 Lava Avenue, Las Vegas 89101 — $309,999 · 3 bd · 2 ba · 1,476 sq ft · Courtesy of Summit Real Estate Group
- 1304 Melissa Street, Las Vegas 89101 — $357,000 · 5 bd · 3 ba · 1,779 sq ft · Courtesy of DH Capital Realty
- 150 Las Vegas Boulevard, Unit 2213, Las Vegas 89101 — $399,000 · 2 bd · 2.5 ba · 1,509 sq ft · Active Under Contract · Courtesy of Award Realty
- 150 Las Vegas Boulevard, Unit 2512, Las Vegas 89101 — $505,000 · 3 bd · 2.5 ba · 1,706 sq ft · Courtesy of Signature Real Estate Group
- 227 Dougram Avenue, Las Vegas 89101 — $345,000 · 2 bd · 2 ba · 1,877 sq ft · Courtesy of Las Vegas Sotheby's Int'l
- 2905 Brady Avenue, Las Vegas 89101 — $340,000 · 3 bd · 2 ba · 1,424 sq ft · Active Under Contract · Courtesy of Signature Real Estate Group
- 353 Bonneville Avenue, Unit 511, Las Vegas 89101 — $265,000 · 1 bd · 1 ba · 884 sq ft · Courtesy of eXp Realty
- 150 Las Vegas Boulevard, Unit 1813, Las Vegas 89101 — $385,800 · 2 bd · 2.5 ba · 1,509 sq ft · Courtesy of Galindo Group Real Estate
- 150 Las Vegas Boulevard, Unit 2303, Las Vegas 89101 — $280,000 · 1 bd · 1.5 ba · 963 sq ft · Courtesy of Custom Fit Real Estate
- 1604 Lewis Avenue, Las Vegas 89101 — $350,000 · 3 bd · 2 ba · 816 sq ft · Courtesy of Galindo Group Real Estate
- 353 E Bonneville Avenue, Unit 241, Las Vegas 89101 — $215,000 · 1 bd · 1 ba · 787 sq ft · Courtesy of Coldwell Banker Premier
- 353 E Bonneville Avenue, Unit 752, Las Vegas 89101 — $450,000 · 2 bd · 2.5 ba · 1,455 sq ft · Courtesy of LIFE Realty District
- 353 E Bonneville Avenue, Unit 804, Las Vegas 89101 — $225,000 · 1 bd · 1 ba · 838 sq ft · Courtesy of Realty ONE Group, Inc
- 353 E Bonneville Avenue, Unit 369, Las Vegas 89101 — $274,000 · 1 bd · 2 ba · 1,126 sq ft · Courtesy of Award Realty
- 150 LAS VEGAS BLVD N BLVD, Unit 1114, Las Vegas 89101 — $350,000 · 2 bd · 1.5 ba · 1,147 sq ft · Courtesy of Barrett & Co, Inc
- 2004 E Wendell Avenue, Las Vegas 89101 — $340,000 · 3 bd · 2 ba · 1,010 sq ft · Courtesy of JMG Real Estate
- 200 Hoover Avenue, Unit 1009, Las Vegas 89101 — $575,000 · 2 bd · 2 ba · 1,645 sq ft · Courtesy of Desert Isle Realty & Property
Homes for rent in ZIP 89101 near 206 Grand Residences
- 353 E Bonneville Avenue, Unit 902, Las Vegas 89101 — $2,100/month · 1 bd · 1 ba · 838 sq ft · Courtesy of Nevada Real Estate Corp
- 420 S Maryland Parkway, Unit 6, Las Vegas 89101 — $1,195/month · 2 bd · 1 ba · 4,326 sq ft · Courtesy of Orange Realty Group LLC
- 1908 Melinda Avenue, Las Vegas 89101 — $2,050/month · 3 bd · 2 ba · 1,853 sq ft · Courtesy of Drina Realty
- 536 S 11th Street, Unit 1, Las Vegas 89101 — $1,070/month · 2 bd · 1 ba · 2,064 sq ft · Courtesy of Avalon Realty & Oaktree Mgmt
- 818 S 7th Street, Unit 3, Las Vegas 89101 — $900/month · 1 bd · 1 ba · 4,800 sq ft · Courtesy of Vice Realty
- 1308 N 22nd Street, Unit 1, Las Vegas 89101 — $985/month · 2 bd · 1 ba · 3,540 sq ft · Courtesy of Skyline Mngmt. & R.E. Services
- 353 E Bonneville Avenue, Unit 403, Las Vegas 89101 — $1,750/month · 1 bd · 1 ba · 884 sq ft · Courtesy of Luxury Real Estate Advisors
- 615 S 10th Street, Unit A, Las Vegas 89101 — $1,894/month · 3 bd · 2 ba · 2,972 sq ft · Courtesy of Keller Williams MarketPlace
- 615 S 10th Street, Unit C, Las Vegas 89101 — $1,394/month · 2 bd · 1 ba · 2,972 sq ft · Courtesy of Keller Williams MarketPlace
- 615 S 10th Street, Unit B, Las Vegas 89101 — $1,394/month · 2 bd · 1 ba · 2,972 sq ft · Courtesy of Keller Williams MarketPlace
- 353 E Bonneville Avenue, Unit 289, Las Vegas 89101 — $3,500/month · 2 bd · 2 ba · 1,202 sq ft · Courtesy of Keller Williams MarketPlace
- 353 E Bonneville Avenue, Unit 425, Las Vegas 89101 — $2,100/month · 1 bd · 1 ba · 925 sq ft · Courtesy of Vegas Living Realty and Manage
- 1324 N 22nd Street, Unit 1, Las Vegas 89101 — $1,100/month · 2 bd · 1 ba · 3,540 sq ft · Courtesy of Vice Realty
- 1405 N 22nd Street, Unit 3, Las Vegas 89101 — $995/month · 2 bd · 1 ba · 3,026 sq ft · Courtesy of Key Property Management LLC
- 1405 N 22nd Street, Unit 2, Las Vegas 89101 — $995/month · 2 bd · 1 ba · 3,026 sq ft · Courtesy of Key Property Management LLC
- 1008 S 3rd Street, Unit 102, Las Vegas 89101 — $1,499/month · 1 bd · 1 ba · 2,302 sq ft · Courtesy of Rothwell Gornt Companies
- 316 11TH Street, Las Vegas 89101 — $1,645/month · 3 bd · 2 ba · 2,256 sq ft · Courtesy of Centennial Real Estate
- 353 E Bonneville Avenue, Unit 1006, Las Vegas 89101 — $2,850/month · 2 bd · 2 ba · 1,183 sq ft · Courtesy of Real Estate By Design
- 305 N 10th Street, Unit 30, Las Vegas 89101 — $850/month · 1 bd · 1 ba · 468 sq ft · Courtesy of Vice Realty
- 214 Earl Street, Las Vegas 89101 — $1,299/month · 3 bd · 1 ba · 1,117 sq ft · Coming Soon · Courtesy of RE/MAX Legacy
- 852 Sagman Street, Unit D, Las Vegas 89101 — $700/month · 1 bd · 1 ba · 3,243 sq ft · Courtesy of GoldenWest Management Inc
- 2111 Stewart Avenue, Unit A, Las Vegas 89101 — $1,050/month · 2 bd · 1 ba · 2,610 sq ft · Courtesy of Prime Legacy Realty & Mgt
- 2111 Stewart Avenue, Unit B, Las Vegas 89101 — $950/month · 2 bd · 1 ba · 2,610 sq ft · Courtesy of Prime Legacy Realty & Mgt
- 223 N 14th Street, Unit 223, Las Vegas 89101 — $1,295/month · 2 bd · 1 ba · 2,128 sq ft · Courtesy of Vegas Realty Experts
See all listings in Las Vegas, NV
Listing information is provided through the MLS Internet Data Exchange program and is deemed reliable but not guaranteed. Inventory checked Oct 29, 2026, 11:27 PM Pacific; availability and prices may change.
MEDIAN LIST PRICE (ZIP AREA 89101)
$389K
NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 29, 2026
TOTAL UNITS IN BUILDING
60
Grand Residences LLC
YEAR BUILT
2019
Community records
DAYS ON MARKET (ZIP AREA)
47
NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 29, 2026
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
September 26, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About 206 Grand Residences at a Glance?
206 Grand Residences is a 60-unit guard-gated boutique mid-rise built in 2019, priced $250K–$500K with HOA dues of $250–$500/month. ZIP 89101 carries a $389,000 median list and a 47-day pace per NREG’s MLS analysis, and City of Las Vegas continues investing in the Fremont East and Arts District corridors. The takeaways below cover what matters most before you tour.
- Boutique scale: just 60 residences built in 2019 — newer construction and genuine scarcity distinguish this building from large downtown towers.
- Price band: $250K–$500K covers studios through larger units, with floor level, view orientation, and finish package determining position within the range.
- Guard-gated security: controlled-access entry, secured parking, and on-site concierge services differentiate 206 Grand from many downtown alternatives at this price.
- Location leverage: Fremont Street Experience is walkable, the Strip is five minutes by car, and Harry Reid International Airport is roughly 15 minutes south.
- Due diligence priority: in a 60-unit building, HOA reserve health, rental-cap policy, and FHA/VA approval status all require verification before you offer.
Last updated October 2026 · Sources: NREG’s MLS analysis, U.S. Census, City of Las Vegas
PRICE DISTRIBUTION
What Price Bands Does the Downtown Las Vegas Market Cover?
The ZIP 89101 area median list price is $389,000 per NREG’s MLS analysis October 2026 MLS data, but the downtown market spans from sub-$200K legacy condos to $800K+ renovated properties. 206 Grand Residences units occupy the $250K–$500K segment — newer construction at attainable pricing for a guard-gated mid-rise.
Browse Downtown Las Vegas Listings
How Can You Find a Downtown Las Vegas Condo by Type, Lifestyle & Price?
The downtown Las Vegas ZIP 89101 area's 174 active listings include condos, lofts, and urban residences across several price tiers — each link below opens our live Las Vegas MLS search, with counts updated daily from NREG’s MLS analysis MLS data for ZIP 89101.
Which Downtown Las Vegas Buildings and Neighborhoods Should You Explore?
Downtown Las Vegas's condo landscape ranges from boutique buildings like 206 Grand Residences to larger urban complexes along the Arts District and Fremont East corridors. Each card below links to the most relevant hub or search so you can compare building types, price positioning, and lifestyle fit.
Guard-Gated · Boutique · 2019 Built
206 Grand Residences
Urban · Walkable · Mixed UseDowntown Las Vegas (broader)
Luxury · Strip-AdjacentLuxury Communities
All Condo TypesLas Vegas Condos
Security · Privacy · ValueGuard-Gated Communities
Entry Level · FHA · VAFirst-Time Buyer Resources
Builder Warranty · ModernNew Construction Las Vegas
Full Market · All TypesAll Las Vegas Communities
By Property Type
By Price Range
201 active listings across ZIP 89101 as of October 29, 2026 · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New 206 Grand Residences Listings First?
With only 60 units, inventory is scarce and moves fast. Custom alerts by building, price, and floor put new listings in your inbox within hours of MLS entry. The downtown ZIP 89101 market runs 23 median days to contract per NREG’s analysis of Las Vegas REALTORS MLS data — alert subscribers act before most buyers know a unit exists.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ buyers used NREG alerts last year
Create your alert
School planning
Which Schools Serve a Las Vegas Address?
Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check CCSD school zoning · Nevada Report Card
CRIME DATA
How Can You Check Reported Crime Near a Home?
Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in 206 Grand Residences?
The Answer
206 Grand Residences delivers a lock-and-leave downtown lifestyle: a 2019-built guard-gated mid-rise with 60 residences, pool, fitness center, and secured parking, steps from Fremont Street. City of Las Vegas continues investing in the corridor, and Nevada zero income tax keeps monthly costs below California equivalents.
What is 206 Grand Residences known for?
206 Grand Residences is known as one of downtown Las Vegas's few purpose-built boutique condo buildings — 60 guard-gated units constructed in 2019 by Grand Residences LLC, positioned at the intersection of urban accessibility and boutique residential scale.
Who should live at 206 Grand Residences?
It fits urban professionals who work on or near the Strip, buyers seeking a pied-à-terre in Las Vegas, lock-and-leave travelers, downsizers who want walkable downtown access without suburban sprawl, and investors who understand the boutique condo market's scarcity dynamics.
What is daily life like?
Mornings start with a workout in the fitness center or a walk to a downtown coffee shop; evenings rotate through Fremont Street, the Arts District's gallery openings, and Container Park's outdoor dining. The Strip's full entertainment catalog is five minutes by car.
Location
Where Is 206 Grand Residences
206 Grand Residences is located in downtown Las Vegas, ZIP 89101, within the core of the Fremont Street and Arts District corridor. Approximately 1 mile from Fremont Street Experience and 3 miles from the center of the Las Vegas Strip.
Fremont Street
2
Min
Strip
5
Min
Arts District
5
Min
Airport
15
Min
Summerlin
25
Min
206 Grand Residences
At a Glance$389,000
Median List Price (ZIP 89101 area)
$360,000
Median Sold (past 100 days, ZIP area)
201
Active Listings (ZIP area)
47
Days on Market (ZIP area)
Median, active-listing and days-on-market tiles: NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 29, 2026.
- Setting
- Boutique mid-rise, downtown Las Vegas
- Total Units
- 60
- Year Built
- 2019
- Developer
- Grand Residences LLC
- Price Range
- $250K–$500K
- HOA Range
- $250–$500/mo
- Guard-Gated
- Yes — controlled access entry
- Amenities
- Pool · Fitness · Secured parking
- Walk to Fremont
- Yes (~5 min on foot)
- Distance to Strip
- ~5 min by car
- Airport
- ~15 min (Harry Reid)
- Sunshine
- 300 days/year
Quick Answer
Is 206 Grand Residences a good place to live?
For the right buyer — yes. 206 Grand Residences suits urban professionals, lock-and-leave travelers, and buyers who genuinely want walkable downtown Las Vegas access at a boutique residential scale. The 2019 construction, guard-gated entry, and 60-unit scarcity set it apart from older downtown inventory. The honest trade-offs: school ratings in the 89101 area run lower than suburban zones, the thin resale market requires patience, and HOA reserve health demands review in a small building. Nevada's zero state income tax and roughly 0.5–0.7% property-tax rate soften the monthly math compared to California equivalents.
Source: City of Las Vegas
Census Housing Data / 206 Grand Residences
What Does the Census Show About Housing in 206 Grand Residences?
According to the U.S. Census Bureau, the tiles below compare housing and population figures for 206 Grand Residences and its surrounding area with the wider county. Each tile's label names the area it covers.
These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.
679,817
vs Clark Co 2,407,226
~$428K
vs Clark Co $431K
~42%
vs Clark Co 58%
Source: U.S. Census Bureau ACS 2020–2024 5-year estimates (Las Vegas city) and Vintage 2025 population estimates (Las Vegas city, Clark County), City of Las Vegas (206 Grand Residences is not separately tabulated) · Updated
POPULATION & GROWTH
How Fast Is the Downtown Las Vegas Area Growing?
Las Vegas as a city has grown by roughly 96,000 residents since 2010 per U.S. Census counts, and downtown specifically has seen accelerating investment from the City of Las Vegas — the Fremont East Entertainment District, the 18b Arts District buildout, and the Las Vegas Medical District expansion all contribute to sustained demand in the 89101 corridor where 206 Grand Residences is located.
679,817City of Las Vegas residents (Census)
60Total units at 206 Grand Residences
+16.5%Las Vegas city growth, 2010–2025 (Census)
City of Las Vegas population trajectory, 2010–2025 (Census)
For a 60-unit building like 206 Grand Residences, city-level population growth matters through its effect on downtown demand and the value of walkable urban real estate. As the Las Vegas metro expands, downtown's proximity to employment, entertainment, and transit positions it as a durable urban address — and fixed supply in a boutique building means no dilution from new-unit additions.
Sources: U.S. Census Bureau QuickFacts and City of Las Vegas. Citywide figures shown because the Census does not tabulate 206 Grand Residences separately. Las Vegas city: 2010 and 2020 are decennial Census counts; 2025 is the Census Bureau’s Vintage 2025 estimate. Last updated September 2026.
The long view: the median sold price in Las Vegas rose 144% between 2014 ($179,525) and 2026 ($438,265), across 193,480 recorded closings — Las Vegas REALTORS MLS records via Repliers.
47
MEDIAN DAYS ON MARKET (ZIP 89101) · OCT 29, 2026
$389K
ZIP-AREA MEDIAN LIST · OCT 29, 2026
60
TOTAL UNITS IN BUILDING
< 1 hr
OUR RESPONSE TIME
BOUTIQUE INVENTORY
Get matched with a
downtown condo specialist.
Market Competitiveness
How Competitive Is the Downtown Las Vegas Condo Market Right Now?
206 Grand Residences is a thin but consistent market — the ZIP 89101 area recorded 23 median days on market and 174 active listings per NREG’s analysis of Las Vegas REALTORS MLS data, but the building's 60-unit scale means months may pass between available units. Well-priced units with desirable views move quickly; the overall pace favors buyers relative to suburban single-family markets.
- 23 daysMedian days on market (sold, ZIP area)
- 201Active listings (ZIP 89101, October 29, 2026)
- 60Total units in building
- $295/sqftMedian price per sq ft (sold, ZIP area)
Before You Buy
What Should You Compare Before Buying a Condo at 206 Grand Residences?
206 Grand Residences is not for every buyer — it is a 60-unit boutique building with a specific lifestyle proposition: walkable urban Las Vegas, guard-gated scale, and 2019 construction at $250K–$500K. Six buyer profiles below match lifestyles to what the building actually delivers, followed by the honest pros and trade-offs our team walks through with every downtown condo buyer.
Which Buyer Types Fit 206 Grand Residences?
Pied-à-Terre Buyers
- Part-time Las Vegas base with full amenities
- Guard-gated security for vacant periods
- Pool and fitness center when in town
- Confirm rental policy if subleasing during absences
First-Time Condo Buyers
- Entry from $250K in a 2019-built guard-gated building
- HOA covers maintenance, pool, and secured parking
- Verify FHA/VA building approval before assuming loan type
- Review reserve study carefully in a 60-unit association
Investors
- Scarcity with 60 total units limits resale competition
- Rental income depends on HOA rental-cap policy — verify first
- Short-term rental viability governed by Las Vegas city code
- Downtown corridor appreciation tied to City of Las Vegas investment
Downsizers from Suburban Homes
- Trade yard and commute for walkable urban access
- All maintenance handled by HOA
- Honest trade-off: smaller footprint, higher monthly dues
- Compare against suburban 55+ options if social programming matters
California Relocators
- Zero Nevada state income tax vs 13.3% California top rate
- 2019-built urban condo under $500K not available at this quality in LA
- 3% annual property-tax cap under NRS 361.4723
- Strip lifestyle, airport proximity, and no commute compromise
Best Fit For
- Urban professionals — a 2019-built guard-gated boutique condo walkable to Fremont Street and five minutes from the Strip's employment core.
- Pied-à-terre buyers — secured entry, on-site amenities, and a lock-and-leave lifestyle purpose-built for frequent travelers.
- First-time condo buyers — entry from $250K in a modern building with HOA-managed maintenance — assuming FHA/VA eligibility is confirmed.
- Investors — boutique scarcity and downtown corridor appreciation, provided the rental policy supports the intended strategy.
- California relocators — zero state income tax, modern construction under $500K, and Las Vegas urban access that coastal equivalents cannot match at this price.
- Downsizers — walkable downtown living with full amenities maintained by the HOA, trading suburban square footage for urban convenience.
Ready to explore 206 Grand Residences? Our team knows the building's HOA structure, rental policy, and current market position — and monitors for new listings as soon as they hit the MLS.
Start Your Condo SearchPros
- 2019 construction — modern systems, updated codes, and finishes unavailable in most downtown inventory
- Guard-gated entry and secured parking at a $250K–$500K price point rare in this market
- Only 60 units — boutique scarcity limits future resale competition
- Walkable to Fremont Street and the 18b Arts District; five minutes by car to the Strip
- Nevada zero state income tax and 3% annual property-tax cap under NRS 361.4723
- Harry Reid International Airport 15 minutes south — exceptional for frequent travelers
- Lock-and-leave lifestyle with HOA-managed maintenance and on-site amenities
Honest Considerations
- Thin resale market: 60 units means months may pass between available listings
- HOA dues of $250–$500/mo add meaningful carrying cost to the monthly budget
- Reserve-fund risk in a small association: shortfalls hit each owner harder than in a 400-unit tower
- FHA/VA financing may be restricted depending on building's approved-condo status — verify early
Building Comparison
How Does 206 Grand Residences Compare to Other Downtown Las Vegas Options?
A side-by-side comparison of downtown Las Vegas and nearby condo options — indicative price positioning, building age, and lifestyle fit — using ZIP-area listing data via NREG’s MLS analysis. Per-building figures are Nevada Real Estate Group-modeled estimates; use them as orientation, not appraisal.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| 206 Grand Residences | $250K–$500K | ~$295 | 23 | ~5 | Boutique · Guard-gated · 2019 built |
| Downtown Las Vegas Condos (broader) | ~$422,500 | ~$295 | 23 | ~174 | Urban · Value · Mixed inventory |
| Guard-Gated Communities | From $500K | ~$300+ | 30 | ~80 | Security · Luxury |
| Luxury Communities Las Vegas | From $700K | ~$400+ | 35 | ~60 | Ultra-luxury · Strip-adjacent |
| Spring Valley / West Las Vegas | ~$490K | ~$260 | 22 | ~200 | Single-family · Strip-adjacent |
| The Lakes Las Vegas | ~$500K | ~$270 | 20 | ~90 | Waterfront · Established |
Source: NREG’s MLS analysis MLS data plus Nevada Real Estate Group analysis, June 2026. The MLS reports at ZIP level (89101) — per-building medians are our modeled estimates from active-listing review. Listing counts updated daily via Repliers IDX.
Building Deep Dive
What's Inside Downtown Las Vegas's Top Condo Options?
Submarket 1
206 Grand Residences
The only 2019-built guard-gated boutique mid-rise in the downtown corridor at this price point — 60 units with pool, fitness center, and controlled-access parking. Thin but consistent resale market.
Browse 206 Grand Residences homes →$375KMedian Price
23Days on Market
~5Active Listings
~$295Price / Sq Ft
Submarket 2
Downtown Las Vegas Condos (broader)
The full ZIP 89101 condo market — older inventory, newer boutique buildings, and a range of HOA structures. Broader search for buyers not committed to 206 Grand specifically.
Browse Downtown Las Vegas Condos (broader) homes →~$422KMedian Price
23Days on Market
~174Active Listings
~$295Price / Sq Ft
Submarket 3
Guard-Gated Communities
Guard-gated options across the broader Las Vegas market, including suburban master plans with larger footprints and more amenity depth than downtown boutique buildings.
Browse Guard-Gated Communities homes →From $500KMedian Price
30Days on Market
~80Active Listings
~$300+Price / Sq Ft
Submarket 4
Luxury Communities Las Vegas
Premium condos and high-rises in the Las Vegas luxury tier — higher price points with Strip views, resort amenities, and hotel-condo structures for buyers whose budget allows.
Browse Luxury Communities Las Vegas homes →From $700KMedian Price
35Days on Market
~60Active Listings
~$400+Price / Sq Ft
Submarket 5
Spring Valley / West Las Vegas
Single-family alternative to downtown condo living — suburban streets 10–15 minutes from the Strip with better school zones and more square footage per dollar.
Browse Spring Valley / West Las Vegas homes →~$490KMedian Price
22Days on Market
~200Active Listings
~$260Price / Sq Ft
Submarket 6
The Lakes Las Vegas
Established lakefront community 15 minutes from downtown — family-oriented with waterfront lots, mature landscaping, and a different lifestyle trade-off than urban condo living.
Browse The Lakes Las Vegas homes →~$500KMedian Price
20Days on Market
~90Active Listings
~$270Price / Sq Ft
Submarket 7
Downtown Las Vegas Corridor
The urban engine residents of 206 Grand Residences access daily: Fremont Street Experience, the 18b Las Vegas Arts District, Container Park, and the Las Vegas Medical District — all walkable or within five minutes. The Strip's full entertainment and employment catalog is five minutes by car.
Browse Downtown Las Vegas Corridor homes →60Units at 206 Grand Residences
2019Year Built
5 minTo Strip by Car
15 minTo Airport
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure if 206 Grand
fits your needs?
BY ZIP CODE
What Does the Downtown Las Vegas Market Look Like in ZIP 89101?
ZIP 89101 is the single downtown Las Vegas ZIP code, so MLS figures reflect the full corridor mix — older legacy condos, newer boutique buildings including 206 Grand Residences, and a small number of single-family properties. The table presents the area as one market; 206 Grand Residences is a specific 60-unit subset within it.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89101 | Downtown Las Vegas — Fremont Street · Arts District · Medical District | $422,500 | ~$295 | 23 | 174 | n/a* |
Source: NREG’s MLS analysis MLS plus Nevada Real Estate Group analysis. The 89101 ZIP encompasses the full downtown core — 206 Grand Residences represents approximately 60 units within a 174-listing active market. *Year-over-year change is intentionally omitted at corridor level. Boundaries per Clark County GIS.
New Construction
Who Builds New Condos and Urban Residences Near Downtown Las Vegas?
206 Grand Residences itself is built out at 60 units. The broader Las Vegas new-construction pipeline is concentrated in master-planned suburban communities 15–30 minutes from downtown. Buyers who want brand-new urban inventory in the downtown core find limited options — which is precisely what makes 2019-built boutique buildings like this one compelling as alternatives to the suburban new-build market.
Family & Mid-Market
Lennar
Suburban alternative to downtown condo living
Entry-Level & First-Time
DR Horton
Volume builder for buyers who prioritize yard over location
Move-Up & Luxury
Toll Brothers
Luxury production far from downtown
First-Time & Personalized
KB Home
Customizable production homes in suburban settings
55+ Communities
Pulte / Del Webb
Active-adult alternative for buyers who prefer low-maintenance suburban
Outdoor Recreation
What Outdoor Amenities Are Near 206 Grand Residences?
Downtown Las Vegas trades the master-plan park system for urban walkability and proximity to the city's main entertainment corridors. The City of Las Vegas maintains several outdoor spaces within walking distance, and Sunset Park — the valley's largest municipal park — is about 15 minutes south via local roads.
WALKABLE
Fremont Street Experience
~4 blocksEntertainment · Dining · EventsFree / events
The canopied pedestrian mall anchoring downtown — light shows, live music, dining, and the zip line experience that define the Fremont Street corridor.
WALKABLE
18b Las Vegas Arts District
~18 blocksGalleries · Dining · MarketsFree
The creative corridor along Charleston Boulevard — galleries, studio spaces, restaurants, and the monthly First Friday event that draws thousands.
5 MIN
Container Park
~1 acreOutdoor dining · Retail · EventsFree
An open-air retail and dining complex built from repurposed shipping containers — outdoor seating, boutique shops, live events, and a playground.
5 MIN (car)
The Park Las Vegas
~5 acresGreen space · Art · DiningFree
Public green space between T-Mobile Arena and Park MGM on the Strip — landscaped paths, art installations, and restaurant patios.
15 MIN (car)
Sunset Park
~324 acresLake · Sports · Trails · PicnicsFree
The valley's premier municipal park — a lake, sports fields, paved trails, dog park, and picnic areas that cover a full afternoon of outdoor activity.
10 MIN (car)
Las Vegas Springs Preserve
180 acresTrails · Gardens · MuseumPaid
Desert botanical gardens, walking trails, a natural history museum, and interactive exhibits tracing Las Vegas's water and settlement history.
30 MIN (car)
Red Rock Canyon NCA
195,000 acresHiking · Climbing · Scenic driveNPS fee
The Calico Hills and sandstone escarpment of Red Rock Canyon — among the best single-day outdoor escapes from any Las Vegas address.
30 MIN (car)
Lake Mead NRA
1.5M acresBoating · Hiking · SwimmingNPS fee
America's first national recreation area — full-size boating, sandy coves, and desert hiking east of the valley via US-93.
The 206 Grand Residences Lifestyle
What Does a Weekend at 206 Grand Residences Look Like?
Saturday morning starts at the in-building fitness center; afternoons rotate through Arts District galleries and Fremont East dining; the Strip is five minutes away when the night calls for it. No suburban master plan compresses that range into a walkable radius, and City of Las Vegas keeps adding programming and investment to the surrounding corridors.
60Boutique Residences
2019Year Built
5 minTo the Las Vegas Strip
300Days of Sun Annually
THIS WEEKEND'S OPEN HOUSES
Can You Tour 206 Grand Residences This Weekend?
Open houses at 206 Grand Residences are infrequent — only 60 units means months may pass between listings, but once a unit lists it attracts serious buyers fast. The downtown ZIP 89101 market runs 23 median days to contract per NREG’s analysis of Las Vegas REALTORS MLS data. Set alerts, browse active inventory, or call (702) 637-1759 to arrange a private tour the moment a unit is available.
Planning a move
What Should I Verify Before Moving to 206 Grand Residences?
Budget around the specific home, not a community average. Before you compare the cost of a move to 206 Grand Residences, get these in writing:
- The parcel's annual assessment, prior-year tax bill and abatement eligibility. A sale alone does not reset Nevada’s tax cap. Nevada tax-abatement rules
- Lender, insurance and utility quotes for the exact address, plus the association's resale documents and any special assessments.
- The school assignment for the enrollment year, confirmed with the district.
- Your tax situation, reviewed by an adviser — California-source income can remain taxable after a move (Franchise Tax Board).
- Qualifying new residents generally must obtain a Nevada driver’s license and vehicle registration within 30 days. Check the Nevada DMV’s requirements and exceptions for your circumstances.
The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.
Open the relocation guideECONOMY & JOBS
What Drives the Economy Near 206 Grand Residences?
Downtown Las Vegas runs on hospitality, healthcare, government, and the arts. According to the U.S. Bureau of Labor Statistics, tourism and hospitality employ the metro's largest workforce. The Strip employment core is five minutes from 206 Grand Residences — a shorter commute than any comparable residential address at this price.
$73,877Median household income, City of Las VegasU.S. Census QuickFacts
5 minTo Strip employment core by carVia Las Vegas Blvd
15 minTo Harry Reid AirportVia local roads or I-15
GrowingDowntown Las Vegas corridor investmentCity of Las Vegas, Fremont East and Arts District
Top Nearby Employers Within 15 Minutes of 206 Grand Residences
- Las Vegas Strip casino-resort corridorMGM Grand, Caesars, Wynn, Bellagio, and 25+ major resort employers — five minutes south on Las Vegas Blvd, the metro's largest single employment concentration
- Las Vegas Medical DistrictUniversity Medical Center (UMC), Valley Hospital, and the Spring Valley Hospital complex — adjacent to the northwest of the building
- City of Las Vegas municipal campusCity Hall and associated government offices anchoring the downtown civic core — within walking distance
- Clark County School District (downtown campuses)Clark High School, Fremont Middle, and several elementary campuses — major public-sector employer in the corridor
- Downtown Fremont Street hospitalityThe D Las Vegas, Four Queens, El Cortez, Golden Nugget, and the full Fremont Street hotel and casino corridor
- 18b Arts District creative sectorGrowing concentration of galleries, studios, restaurants, and creative businesses along the Charleston Boulevard corridor
Sources: U.S. Bureau of Labor Statistics, City of Las Vegas. Last updated June 2026.
COMMUNITY COMPARISON
How Does 206 Grand Residences Compare to Henderson, Summerlin & the Broader Las Vegas Market?
If you're weighing 206 Grand Residences against the valley's other addresses, this side-by-side covers the metrics buyers ask about most, updated June 2026. Downtown wins on urban access and lock-and-leave lifestyle; Henderson and Summerlin win on schools and suburban amenities — sources are NREG’s analysis of Las Vegas REALTORS MLS data, the U.S. Census, and FBI UCR.
| Metric | 206 Grand Res. | Las Vegas | Henderson | Summerlin |
|---|---|---|---|---|
| Entry Price | $250K (building) | $476K (city) | $548K (city) | $728K (city) |
| HOA Range | $250–$500/mo | Varies widely | $30–$300/mo | $100–$600/mo |
| Days on Market (ZIP) | 23 (89101) | 20 (citywide) | 21 (citywide) | 21 (citywide) |
| Strip Access | 5 min (car) | 10–20 min | 20–30 min | 20–25 min |
| Airport Access | 15 min | 15–25 min | 20–30 min | 25–35 min |
| New Construction | None (60-unit building) | Moderate | Very High | Very High (Summerlin West) |
| Best For | Urban · Lock-and-leave · Walkability | Investors · Value · Variety | Families · Safety · Schools | Trails · Luxury · New builds |
Sources: NREG’s analysis of Las Vegas REALTORS MLS data, U.S. Census QuickFacts. 206 Grand Residences building-level figures are community records; ZIP 89101 figures are LVR MLS data. Last updated June 2026.
Cost of Ownership
What Will 206 Grand Residences Cost You Each Month?
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Illustrative Payment Estimator
Estimate Your 206 Grand Residences Payment
$2,928
Illustrative Monthly Payment
- Principal & Interest$2,245
- Property Tax$192
- Insurance$150
- HOA$200
- PMI$141
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
How should you compare buying with renting?
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Purchase worksheet
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Rental worksheet
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
Use scenarios rather than a promised break-even date
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
Which HOA charges apply to this address?
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Recurring charges
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Closing and special charges
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Rules and access
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
How Easy Is Getting Around From 206 Grand Residences?
I-15 and US-95 converge at downtown Las Vegas, giving 206 Grand Residences among the shortest Strip commutes of any residential address in the city. Las Vegas mean commute times run near 26 minutes per U.S. Census ACS data, but Strip-area workers at 206 Grand can make the trip in under 10 minutes.
Drive Times from 206 Grand Residences
- 2-3 min (walk)Fremont Street ExperienceOn foot from building
- 5 minLas Vegas Strip (center)Las Vegas Blvd south
- 5-8 minLas Vegas Medical DistrictUS-95 west
- 15 minHarry Reid Intl AirportI-15 south or local roads
- 20 minHendersonI-515 south
- 25 minSummerlinI-15 north → Summerlin Pkwy west
- 30 minRed Rock CanyonUS-95 south → W Charleston Blvd
- 30 minLake Mead (Boulder Beach)US-93 east
Transportation Options
Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.
Quick Answer
How long does it take to close on a condo at 206 Grand Residences?
Most purchases at 206 Grand Residences close in 30 to 45 days — Nevada uses escrow companies, not attorneys. Cash deals close in 7–14 days. Financed buyers need extra time: the lender condo questionnaire requires HOA completion and adds 5–10 business days. FHA or VA buyers must confirm building-approval status first; our team checks that before you write an offer.
Quick Answer
What down payment do you need to buy at 206 Grand Residences?
Most buyers at 206 Grand Residences put down 10% to 20%. Conventional loans start at 3–5% down for qualified buyers, but lenders often require 10–25% for condo projects — especially boutique 60-unit buildings where owner-occupancy ratios and reserve health come under closer scrutiny. On a $375,000 midpoint purchase, plan roughly $37,500 (10%) to $75,000 (20%). FHA and VA eligibility depends on whether the building holds approved-condo status — verify with your lender before assuming a low-down-payment path.
206 Grand Residences FAQ — 17 Answers
What Do 206 Grand Residences Buyers Most Frequently Ask?
Most AskedWhat is the price range for units at 206 Grand Residences?
Units at 206 Grand Residences list between $250,000 and $500,000, placing this 60-unit boutique mid-rise at the accessible end of downtown Las Vegas condo ownership. The broader ZIP 89101 area carried a $389,000 median list price across 174 active listings per NREG’s analysis of Las Vegas REALTORS MLS data, but within the building, floor level, orientation, and finish package drive positioning inside the $250K–$500K band. Because the building holds only 60 residences, active inventory is thin — our team monitors new listings as soon as they hit the MLS.
What are HOA fees at 206 Grand Residences?
Monthly dues at 206 Grand Residences run $250 to $500, which is in line with boutique mid-rise buildings in the Las Vegas metro. Fees cover building maintenance, common-area upkeep, the pool and fitness center, secured parking operations, building insurance on shared elements, and water and trash. With only 60 units splitting costs, reserve-fund health is more important here than in a 400-unit tower — pull and review the reserve study and most recent financial statements in escrow before committing.
Can I rent out my unit at 206 Grand Residences?
Rental rights depend on the current CC&Rs and HOA rules in effect at the time you purchase. Small boutique buildings often limit the percentage of units that can be leased at once to protect owner-occupancy ratios, which in turn protects financing eligibility for future buyers. Minimum lease-term requirements and any rental-cap provisions are disclosed in the resale package during Nevada's standard escrow. Our team verifies the current policy with the association directly — call (702) 637-1759 before you underwrite any tenant income.
What amenities does 206 Grand Residences offer residents?
206 Grand Residences provides a pool, fitness center, controlled-access entry, secured parking, and on-site concierge or front-desk services. The most compelling amenity, however, is the address: the building sits in downtown Las Vegas within walking distance of Fremont Street, the 18b Las Vegas Arts District, Container Park, and the area's expanding restaurant scene. For residents who value walkable urban access over backyard square footage, the neighborhood is the amenity.
What views can I expect from 206 Grand Residences?
Depending on the floor and unit orientation, residences at 206 Grand Residences frame the downtown Las Vegas skyline, the Spring Mountains to the west, or the valley floor spreading south. Upper-floor units with skyline exposure typically anchor the higher end of the $250K–$500K range. In a 60-unit mid-rise, each exposure is distinct — if a specific view matters to your decision, tell our team early so we can flag matching inventory the moment it lists.
Is 206 Grand Residences a good investment?
The investment case rests on scarcity and location fundamentals: a 2019-built building with only 60 units limits resale competition, the downtown Las Vegas corridor is benefiting from continued city investment in the Fremont East and Arts District areas, and Nevada's zero state income tax and roughly 0.5–0.7% effective property-tax rate keep carrying costs low per the Clark County Assessor. Rental-income potential depends on the HOA rental policy in force at closing. Our team will run the full ownership math — mortgage, dues, tax, and rental scenario — before you write an offer.
How does 206 Grand Residences compare to other downtown Las Vegas condos?
206 Grand Residences distinguishes itself through boutique scale and newer construction: 60 units built in 2019 by Grand Residences LLC, guard-gated entry, and a $250K–$500K price band that sits below the entry point of most Strip-adjacent luxury towers. Buyers choosing between this building and larger downtown options should compare HOA dues per amenity offered, reserve-fund health, rental-cap policies, and the specific block's walkability. Our team has represented buyers across the downtown condo spectrum and can provide a direct building-by-building comparison.
What is the walk score and neighborhood character around 206 Grand Residences?
Downtown Las Vegas ZIP 89101 is among the most walkable areas in the city. Fremont Street Experience is minutes on foot, the 18b Las Vegas Arts District anchors the creative corridor along Charleston Boulevard, Container Park provides an outdoor retail and dining option, and the Las Vegas Medical District sits adjacent to the northwest. Daily errands — grocery, pharmacy, coffee — are accessible without a car for most residents, which sets this location apart from Las Vegas's predominantly car-dependent suburban areas.
What are property taxes like at 206 Grand Residences?
Nevada's effective property-tax rate runs roughly 0.5–0.7% of market value per the Clark County Assessor, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.4723 once the owner claims it (homes that are not owner-occupied get a cap of up to 8%). On a $375,000 purchase at the midpoint of the range, plan approximately $2,100–$2,600 annually in property taxes. A sale alone does not reset Nevada’s property-tax cap. Verify the parcel’s annual assessment, prior-year tax bill and the new owner’s abatement eligibility with the county assessor.
What schools serve 206 Grand Residences?
Zoned schools in the 89101 area include John C. Fremont Elementary (6/10 on GreatSchools), Fremont Middle School (5/10), and Clark High School (6/10), per the Clark County School District. Families prioritizing higher-rated campuses often look at charter options — Coral Academy of Science rates 8/10 and Nevada State High School rates 7/10 for secondary grades. Bishop Gorman High School and The Meadows School represent the private tier. School zones shift by address — verify the exact zoning for your unit directly with CCSD before purchase.
How does commuting work from 206 Grand Residences?
Downtown Las Vegas sits at the convergence of I-15 and US-95, putting most of the metro within 20 minutes by car. Harry Reid International Airport is roughly 15 minutes south via local roads or I-15, the Las Vegas Strip is about 5 minutes via Las Vegas Boulevard, and Summerlin is approximately 25 minutes west via I-15 to Summerlin Parkway. The Las Vegas Monorail and RTC transit routes also serve the downtown corridor. For residents who work on or near the Strip, the drive from 206 Grand Residences is among the shortest in the market.
What financing options work for 206 Grand Residences?
Conventional loans and jumbo financing are the most straightforward paths for a boutique mid-rise. FHA and VA loans are possible but require that the building be on the approved condominium list — small 60-unit associations sometimes fall outside HUD's approved roster, so verify eligibility with your lender early. The $250K–$500K price band sits below the conforming loan limit, so standard conventional financing applies for most buyers. With a small owner count, the HOA's reserve-fund health is also a lender concern — budget time for condo questionnaire review in underwriting.
What is the resale market like for 206 Grand Residences units?
With only 60 units, the resale market is thin by definition — sometimes months pass between listings, and sometimes two units come to market in the same week. The ZIP 89101 area recorded 23 median days on market and a $360,000 median sold price across 174 listings per NREG’s analysis of Las Vegas REALTORS MLS data, but that sample captures the full downtown ZIP rather than this building specifically. Boutique condo resale values are driven by the quality of comparable sales within the building itself and the current HOA financial picture — both of which our team tracks directly.
What should I know before buying at 206 Grand Residences?
Four factors carry the most weight here. First, HOA health: in a 60-unit building, reserve shortfalls hit each owner harder than in a large tower — review the reserve study in full. Second, rental policy: confirm current lease-term minimums and any rental cap before you plan tenant income. Third, financing eligibility: verify the building's status on the FHA and VA approved-condo lists if you plan to use government-backed financing. Fourth, resale liquidity: boutique buildings trade infrequently, so price your exit conservatively and lean on an agent with downtown condo experience. Call (702) 637-1759 to discuss all four before you offer.
What down payment do you need to buy at 206 Grand Residences?
Most buyers at 206 Grand Residences put down 10% to 20%. Conventional loans start at 3–5% down for qualified buyers, but lenders often require 10–25% on condo projects with fewer than 70% owner-occupants — verify the current owner-occupancy ratio before assuming a low-down-payment loan. On a $375,000 midpoint purchase, plan roughly $37,500 (10%) to $75,000 (20%). VA and FHA eligibility depends on the building's approved-condo status, which our team confirms before you apply.
What does an HOA cover at 206 Grand Residences?
The $250–$500/month HOA dues at 206 Grand Residences cover building maintenance, common-area upkeep, the pool, fitness center, secured parking operations, building insurance on shared elements, water, and trash. Individual unit owners carry their own interior contents insurance and are responsible for in-unit repairs. In a 60-unit boutique building, the reserves-per-unit ratio matters more than in a large tower — ask for the reserve study and the last two years of board meeting minutes during escrow.
How long does it take to close on a unit at 206 Grand Residences?
Most 206 Grand Residences purchases close in 30 to 45 days from accepted offer — Nevada closes through escrow companies, not attorneys. Cash purchases can close in 7–14 days. Financed buyers should budget extra time: lenders require a condo questionnaire completed by the HOA, and small associations sometimes take 5–10 business days to respond. If you're using FHA or VA financing, building-approval verification adds another step.
Updated October 2026
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PEOPLE ALSO ASK
What Else Do People Ask About 206 Grand Residences?
Eight queries downtown condo buyers actually search for — answered with building facts from community records, prices from Las Vegas REALTORS, and tax law from the City of Las Vegas and Clark County Assessor.
How many floors does 206 Grand Residences have?
206 Grand Residences is a mid-rise building with multiple floors — the exact count is building-specific, and floor affects both view quality and unit pricing within the $250K–$500K band. Upper floors with city or mountain-view exposure anchor the higher end. Our team can tell you exactly which floors are currently available.
Is 206 Grand Residences pet-friendly?
Pet policies at 206 Grand Residences are governed by the current CC&Rs — most boutique Las Vegas condos allow pets with size and breed restrictions. The resale package disclosed during Nevada escrow includes the current pet policy. Ask your agent to confirm the specific restrictions and any associated fees before purchase if pets are part of your household.
Does 206 Grand Residences allow short-term rentals?
Short-term rental viability at 206 Grand Residences depends on both the HOA's internal policy (CC&Rs and board rules) and the City of Las Vegas's short-term rental ordinance, which requires a permit and restricts STR operations in certain areas. Verify both the building policy and city permit eligibility before underwriting any Airbnb or VRBO income — our team confirms the current status before you offer.
What is the address of 206 Grand Residences?
206 Grand Residences is located in downtown Las Vegas, Nevada, in the 89101 ZIP code. The building sits within the Fremont Street and Arts District corridor — specific address details are available from our team or from the active MLS listing for any unit currently on the market.
Is 206 Grand Residences FHA approved?
FHA condo approval requires that the building be on HUD's approved-condominium project list, which small 60-unit boutique associations do not always qualify for. Verify the current FHA approval status with your lender before assuming FHA financing — our team checks the HUD approval database as part of our standard pre-offer research for condo buyers.
What is the parking situation at 206 Grand Residences?
206 Grand Residences includes secured parking as part of the building amenities. The specific number of spaces per unit and any guest parking policies are detailed in the HOA documents — request and review the parking rules in the resale package during escrow, as parking allocation can affect your daily routine and the unit's resale appeal.
How do I get notified when a unit at 206 Grand Residences lists?
The most reliable method is a custom MLS alert set to the building address and price range — our team sets these up as part of our standard buyer service. With only 60 units, new listings are infrequent and tend to move in under 30 days once they appear. Call (702) 637-1759 or request an alert through our site and we'll set one up for this building specifically.
Is downtown Las Vegas a good neighborhood?
Downtown Las Vegas has improved significantly since 2012 through sustained City of Las Vegas investment — the Fremont East District, the 18b Arts District, and Container Park have all added walkable dining, culture, and creative-sector activity. It is an improving urban neighborhood rather than a polished suburban one; buyers who value walkability and urban energy over quiet cul-de-sacs will find it compelling at 206 Grand's price point.
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Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Which Communities Are Within 30 Minutes of 206 Grand Residences?
Compare 206 Grand Residences with nearby Las Vegas communities and neighborhoods. Each card pairs the commute time with price positioning, so you can judge whether trading downtown walkability for suburban square footage or schools actually delivers more value for your lifestyle.
IN CORRIDOR
Downtown Las Vegas (broader)
$422K (ZIP 89101)
Same corridor
View Downtown Las Vegas (broader) →More Las Vegas communities
- Urban Lofts
- Paradise Tract
- Garside
- Columbia Heights
- Downtown Las Vegas
- Las Vegas High School Historic District
- Charleston Park
- Sunny Side
- John S. Park Neighborhood
- Symphony Park
- Marycrest
- Huntridge
Shopping the whole city? Browse all Las Vegas homes for sale — live MLS listings updated daily.
A–Z INDEX
Which Downtown Las Vegas Neighborhoods and Buildings Can You Explore A–Z?
Downtown Las Vegas encompasses distinct named neighborhoods and condo buildings, each with its own character, price positioning, and lifestyle trade-offs. The entries below index the most-searched options for buyers exploring the 89101 corridor — from boutique buildings like 206 Grand Residences to the broader Arts District and Fremont East neighborhoods.
1
- 18b Las Vegas Arts District
2
- 206 Grand Residences
C
- Container Park area
F
- Fremont East Entertainment District
L
- Las Vegas Medical District corridor
- Las Vegas (parent city)
S
- Spring Valley (nearby)
T
- The Lakes (nearby)
KEEP LEARNING
What Else Should You Read About Las Vegas Real Estate?
These guides extend the research most downtown Las Vegas condo buyers do next — understanding the broader Las Vegas market, comparing communities across the valley, and tracking metro-wide pricing — each written by our team from the same MLS data and primary sources used throughout this page.
MARKET UPDATE
Las Vegas Housing Market 2026
Valley-wide pricing, inventory, and rate context — the macro backdrop behind the downtown condo numbers.
Read →GUIDE
Summerlin vs Henderson Luxury Homes 2026
The valley's top two luxury markets compared — useful context for buyers weighing downtown against suburban options.
Read →MARKET HUB
Las Vegas Community Hub
Citywide market data, every Las Vegas community, and side-by-side comparisons in one place.
Read →NEIGHBORHOOD GUIDE
Best Las Vegas Neighborhoods 2026
The valley ranked by buyer type — families, first-timers, luxury, retirees — before you tour.
Read →Sources & Methodology
Where Does This 206 Grand Residences Data Come From?
Every statistic here comes from a primary or government dataset, refreshed monthly. One honesty note: the MLS reports at ZIP level, and 89101 covers the full downtown corridor — broader than 206 Grand Residences alone. Building-level figures (60 units, $250K–$500K, HOA range) come from community records. Follow any link to verify.
- NREG analysis of Las Vegas REALTORS MLS data (via Repliers) — Median list and sold prices, days on market, and closing counts for the downtown Las Vegas ZIP area (89101). NREG market report
- U.S. Census Bureau — City of Las Vegas population, income, age, and housing data (206 Grand Residences is not separately tabulated). census.gov/quickfacts
- City of Las Vegas — Downtown corridor investment, short-term rental ordinance, and city services information. lasvegasnevada.gov
- Clark County Assessor — Property tax rates, assessed values, parcel data and tax-abatement eligibility. clarkcountynv.gov/assessor
- Nevada Revised Statutes 361.4723 — The 3% annual property-tax cap on primary residences. leg.state.nv.us
- FBI Uniform Crime Reporting (UCR) — Las Vegas metro violent and property crime rates, national comparisons. fbi.gov/ucr
- U.S. Bureau of Labor Statistics — Metro employment, unemployment, and wage data for the Las Vegas MSA. bls.gov
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for downtown Las Vegas schools. greatschools.org
- Nevada Report Card — State accountability data used to cross-check school ratings for CCSD schools. nevadareportcard.nv.gov
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator. freddiemac.com/pmms
Methodology: Listing counts, prices and days on market are NREG's analysis of Las Vegas REALTORS MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.
Updated: October 2026 · Next update: November 15