206 Grand Residences Condos For Sale

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 $392,500 median list and a 23-day pace per Las Vegas REALTORS, 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 September 2026 · Sources: LVR, 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 $392,500 per Las Vegas REALTORS September 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.

Counts are Nevada Real Estate Group-modeled allocations of the 174 active ZIP 89101 listings, consistent with the $392,500 median · September 2026 · Links open the Las Vegas MLS search pre-filtered by price.

CRIME DATA

Review reported crime for the area

FBI crime data resources · FBI guidance on comparing communities

POPULATION & GROWTH

How Fast Is the Downtown Las Vegas Area Growing?

Las Vegas as a city has grown by roughly 100,000 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.

Sources: U.S. Census Bureau QuickFacts and City of Las Vegas. Citywide figures shown because the Census does not tabulate 206 Grand Residences separately; projection reflects recent Las Vegas city growth rates. Last updated June 2026.

MARKET TRENDS · LAST 12 MONTHS

How Is the Downtown Las Vegas Condo Market Trending?

Median sold price, days on market, and monthly closings for the downtown Las Vegas ZIP area (89101) from Las Vegas REALTORS MLS data. These figures capture the full ZIP — broader than 206 Grand Residences specifically — and monthly points are indicative values anchored to the probed 100-day medians. Read the level and pace as area orientation, not building-specific appraisal.

Updated: September 2026 · Next update: September 15

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 Las Vegas REALTORS, 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.

Source: Las Vegas REALTORS / GLVAR data + Nevada Real Estate Group analysis, September 2026. ZIP-area scope (89101) — broader than 206 Grand Residences itself; treat figures as area-level orientation for the downtown condo market.

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 Las Vegas REALTORS. Per-building figures are Nevada Real Estate Group-modeled estimates; use them as orientation, not appraisal.

Source: Las Vegas REALTORS 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?

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.

Source: Las Vegas REALTORS 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.

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 Las Vegas REALTORS. Set alerts, browse active inventory, or call (702) 637-1759 to arrange a private tour the moment a unit is available.

RELOCATION TIMELINE

How to Relocate to 206 Grand Residences in 8 Steps

Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.

1. 1

   Define your property and location needs

   Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.

2. 2

   Confirm financing and the full ownership budget

   Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.

3. 3

   Agree on representation and the search process

   Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.

4. 4

   Investigate the exact address

   Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.

5. 5

   Review the offer and its deadlines

   Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.

6. 6

   Review inspections and property documents

   Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.

7. 7

   Coordinate services and moving arrangements

   Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.

8. 8

   Confirm possession and new-resident requirements

   Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.

ECONOMY & 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.

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 LVR, the U.S. Census, and FBI UCR.

Sources: Las Vegas REALTORS, U.S. Census QuickFacts. 206 Grand Residences building-level figures are community records; ZIP 89101 figures are LVR MLS data. Last updated June 2026.

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

• Driving

  Downtown Las Vegas is the metro's most connected node: I-15 and US-95 converge immediately outside the building, and most Strip, Medical District, and airport trips take under 15 minutes — shorter than any suburban master plan at comparable pricing.

• RTC Transit

  The Regional Transportation Commission's Deuce bus runs 24 hours along Las Vegas Boulevard, and multiple routes serve downtown. Transit works as a primary option for Strip-bound commutes — a genuine advantage over car-dependent suburban alternatives.

• Las Vegas Monorail

  The Las Vegas Monorail connects major Strip properties from MGM Grand to SLS; the closest station is a short Uber or rideshare trip from downtown. Useful for Strip workers avoiding parking costs.

• Rideshare

  Fastest and most flexible option for downtown residents: Uber and Lyft pickups in under 3 minutes most hours, and airport runs average $15–$20 thanks to the 15-minute straight shot on I-15.

Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC of Southern Nevada.

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.

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.

WHY NEVADA REAL ESTATE GROUP

Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?

Deep Las Vegas condo expertise — from boutique mid-rises like 206 Grand to Strip high-rises — backed by 9,061+ verified five-star reviews and the valley's largest agent team. Across 9,600+ closed transactions and $4.85B+ in volume since 2011, our agents cover downtown, the Strip corridor, and every major Las Vegas community. That track record ranks the team #1 in Nevada.

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.

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.

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.

1. Las Vegas REALTORS (LVR) — Median list and sold prices, days on market, and closing counts for the downtown Las Vegas ZIP area (89101). lasvegasrealtors.com
2. U.S. Census Bureau — City of Las Vegas population, income, age, and housing data (206 Grand Residences is not separately tabulated). census.gov/quickfacts
3. City of Las Vegas — Downtown corridor investment, short-term rental ordinance, and city services information. lasvegasnevada.gov
4. Clark County Assessor — Property tax rates, assessed values, parcel data, and post-sale tax-reset records. clarkcountynv.gov/assessor
5. Nevada Revised Statutes 361.471 — The 3% annual property-tax cap on primary residences. leg.state.nv.us
6. FBI Uniform Crime Reporting (UCR) — Las Vegas metro violent and property crime rates, national comparisons. fbi.gov/ucr
7. U.S. Bureau of Labor Statistics — Metro employment, unemployment, and wage data for the Las Vegas MSA. bls.gov
8. GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for downtown Las Vegas schools. greatschools.org
9. Nevada Report Card — State accountability data used to cross-check school ratings for CCSD schools. nevadareportcard.nv.gov
10. Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator. freddiemac.com/pmms

Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).

Updated: September 2026 · Next update: September 15