First-Time Buyers
- FHA 3.5% down on $280K = $9,800 total
- Minimal HOA keeps monthly carrying costs lean
- Coral Academy of Science 8/10 charter accessible
- Verify CCSD zone assignments before closing

Nevada's #1 team for Bonanza Village real estate. Search established, affordable Las Vegas homes from $180K to $350K in ZIP 89106 — mature landscaping, minimal HOA, and central-valley access — with live MLS data.
MEDIAN LIST PRICE (ZIP 89106)
$350K
LVR / GLVAR via Repliers, as of September 14, 2026
HOMES IN THE COMMUNITY
2,000+
Community records
ESTABLISHED
1960
Community records
DAYS ON MARKET
15
LVR / GLVAR via Repliers, as of September 14, 2026
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
June 14, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
Bonanza Village is a 300-acre established community in central Las Vegas, founded in 1960 with 2,000-plus homes from $180K to $350K and minimal HOA obligations. ZIP 89106 shows a $350,000 median list and 25-day pace per Las Vegas REALTORS; City of Las Vegas handles municipal services. Takeaways below unpack this affordable central-valley address.
Last updated September 2026 · Sources: LVR, U.S. Census, City of Las Vegas
ZIP 89106 carried 85 active listings in September 2026 according to Las Vegas REALTORS MLS data, spanning a range of central Las Vegas properties; Bonanza Village's established 2,000-plus home stock anchors the affordable end of that ZIP. The newest listings appear below, refreshed daily, and every active Bonanza Village home is searchable in our live MLS portal.
PRICE DISTRIBUTION
Bonanza Village pricing spans $180,000 at the original-condition entry to $350,000 for fully renovated homes, with the surrounding ZIP 89106 showing a $350,000 median list price per Las Vegas REALTORS September 2026 MLS data. The bands below show the modeled split of the ZIP area's 85 active listings, with Bonanza Village inventory concentrated in the lower tiers.
ZIP 89106's 85 active listings break down by condition tier, property type, and the price filters below — each link opens our live Las Vegas MLS search, with counts updated daily from Las Vegas REALTORS MLS data across ZIP 89106.
Bonanza Village buyers often compare it to nearby Las Vegas and Henderson communities at similar or adjacent price points. Each card links to the most relevant hub or live search so you can size up inventory and lifestyle fit across the central valley.
Updated daily · 102 active listings · MLS data
STAY AHEAD OF THE MARKET
Custom alerts by price range, condition tier, and beds — no spam, unsubscribe anytime. With 85 active listings across ZIP 89106 and a 25-day median market pace, well-conditioned Bonanza Village homes move before many buyers complete their search. Alert subscribers see new listings within hours of hitting the MLS, not after updates spread through word of mouth.
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check CCSD school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
CRIME DATA
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
Bonanza Village is 300 acres of central Las Vegas homeownership from $180K — founded 1960, 2,000-plus homes, minimal HOA obligations, Lorenzi Park five minutes away, and a 15-minute commute to both the Strip and Downtown. City of Las Vegas handles municipal services, and Nevada's zero income tax makes the ownership math hard to argue with at this price point.
Bonanza Village is known as one of central Las Vegas's most accessible established communities — a 1960-era neighborhood spanning 300 acres with 2,000-plus homes, minimal HOA fees, and a location that puts the Strip, Downtown, and the airport within 15 to 20 minutes of most addresses, making it one of the valley's strongest value propositions for first-time buyers and investors.
It fits first-time buyers seeking FHA-accessible pricing, out-of-state relocators comparing ownership cost to coastal renting, value investors targeting renovation-driven appreciation, households that prioritize Strip and Downtown proximity over master-plan amenities, and buyers who want an established neighborhood with mature landscaping rather than outer-ring new construction.
Morning walks through mature Bonanza Village streets, quick access to Lorenzi Park for the weekend run, 15-minute drives to the Strip or Fremont Street for work or entertainment, and evenings in a neighborhood that has been a functioning community for over six decades — with the practical advantage of no mandatory HOA fees pulling at the monthly budget.
Bonanza Village anchors the central Las Vegas valley in ZIP 89106, roughly 300 acres of established residential streets west of downtown. About 15 minutes to the Strip and 20 minutes to Harry Reid International Airport.
Quick Answer
Yes — by every affordable central-valley measure, Bonanza Village is one of Las Vegas's most pragmatic addresses. It pairs a 15-minute Strip and Downtown commute, $180,000-to-$350,000 home prices, minimal HOA obligations, and 60-plus years of established community character. The honest trade-offs: mid-range CCSD school ratings, no community amenities behind a gate, and condition variation across the 2,000-plus home stock that requires careful inspection. Nevada's zero state income tax sweetens every relocation to Bonanza Village.
Source: City of Las Vegas
According to the U.S. Census Bureau QuickFacts for Las Vegas city — the municipality containing Bonanza Village — the parent city holds 656,274 residents with a median household income of $66,820. Community records place Bonanza Village at 6,000-plus residents across 2,000-plus households, with an estimated average household income near $40,000 and a 40% homeownership rate.
The Census does not break Bonanza Village out as its own place, so the figures below are Las Vegas citywide — presented honestly as the statistical backdrop. Inside the community, our experience shows a mix of long-tenure owner-occupants who have lived here for decades, first-time buyers accessing the market at one of the valley's most affordable established entry points, value investors renovating for resale or rental income, and working-class households who prize the short commute to downtown and Strip employment.
Source: U.S. Census Bureau QuickFacts, Las Vegas city (Bonanza Village is not separately tabulated) · Updated
POPULATION & GROWTH
Bonanza Village itself is a mature 1960-era community — the 2,000-plus home stock is built out, and growth means turnover rather than expansion. Its parent city has grown by roughly 72,000 people since 2010 per U.S. Census counts, keeping demand pressure on central established neighborhoods where new supply cannot be added. Bonanza Village's finite 300-acre footprint means every new central Las Vegas renter who converts to buyer is competing for existing stock.
Inside Bonanza Village, growth means resale competition: the 2,000-home established community is built out, so every new central Las Vegas resident seeking affordable ownership competes for a fixed supply. That scarcity dynamic — city-level population growth against a capped central inventory — underpins the renovation-driven appreciation story that makes Bonanza Village appealing to patient investors.
Sources: U.S. Census Bureau QuickFacts and City of Las Vegas. Citywide figures shown because the Census does not tabulate Bonanza Village separately; projection reflects recent Las Vegas growth rates. Last updated June 2026.
MARKET TRENDS · LAST 12 MONTHS
Median sold price, days on market, and monthly closings for ZIP 89106 from Las Vegas REALTORS MLS data. Scope honesty first: ZIP 89106 is broader than Bonanza Village alone, and monthly points are indicative values anchored to the probed June 2026 medians — read the level and the pace, not single-month wiggles.
Median Sold Price
$315K–$332K monthly band; $330,000 median in June 2026 across ZIP 89106
Source: Las Vegas REALTORS
Days on Market
23–34 day monthly range; 25 median — moderate pace that gives buyers time to inspect
vs September 2025
Source: Las Vegas REALTORS
Closed Sales / Month
Consistent volume across 2,000-plus homes; individual condition-upgraded properties move faster than the ZIP average
vs September 2025
Source: Las Vegas REALTORS
The long view: Las Vegas's median sold price rose 145% between 2014 ($179,525) and 2026 ($438,960), across 191,278 recorded closings — Greater Las Vegas Association of REALTORS (GLVAR) MLS records via Repliers.
ACTIVE AFFORDABLE MARKET
Market Competitiveness
ZIP 89106 ran 25 median days on market per Las Vegas REALTORS data — a moderate pace. Renovated homes at $300K–$350K attract faster offers; original-condition properties at $180K–$250K give buyers negotiation room. With 85 active listings, buyers have meaningful choice without the extreme competition of faster Las Vegas luxury corridors.
Bonanza Village is a focused affordability play — an established central Las Vegas community spanning $180,000 original-condition homes to $350,000 fully renovated properties, all with minimal HOA obligations and a 15-minute Strip commute. Six buyer profiles below match lifestyles to the community, followed by honest pros and trade-offs our team walks every client through before they commit.
Ready to explore homes in Bonanza Village? Our team knows this neighborhood's condition tiers, school options, and value dynamics — and we help first-time buyers navigate FHA, inspections, and negotiations from offer to close.
Start Your Home SearchCondition & Value Tiers
A like-for-like comparison of Bonanza Village's condition-driven value tiers — entry original-condition, mid-range partially updated, and top-of-range fully renovated — using ZIP-area listing data via Las Vegas REALTORS. Per-tier figures are Nevada Real Estate Group-modeled estimates from active listing review; use them as orientation, not appraisal.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Original Condition | ~$210,000 | ~$175 | 32 | ~20 | Cash Investors · Renovation Buyers |
| Partially Updated | ~$280,000 | ~$240 | 25 | ~40 | First-Time Buyers · Owner-Occupants |
| Fully Renovated | ~$335,000 | ~$290 | 18 | ~25 | Turnkey Buyers · Rental Investors |
Source: Las Vegas REALTORS MLS data plus Nevada Real Estate Group analysis, June 2026. The MLS reports at ZIP level (89106) — per-tier medians are our modeled estimates. Listing counts updated daily via Repliers IDX.
Condition Tier Deep Dive
Submarket 1
The entry tier of Bonanza Village — homes in original or minimally updated 1960-era condition with functional systems but dated finishes. Investor opportunity is real, but budget a professional inspection to surface deferred maintenance on electrical, plumbing, roofing, and HVAC before committing.
Browse Original Condition homes →Submarket 2
The bulk of the Bonanza Village market — homes with kitchen or bath updates, refreshed flooring, and functional HVAC, but not full gut renovations. Best value for owner-occupants who want move-in readiness without paying the premium of a full renovation.
Browse Partially Updated homes →Submarket 3
Top-of-market Bonanza Village — fully renovated homes with new kitchens, updated baths, fresh exteriors, and system upgrades. These move fastest and command the 25-day ZIP-area median or better. Buyers who want turnkey and can move quickly on well-priced renovated homes do best here.
Browse Fully Renovated homes →Submarket 4
The lifestyle multiplier that makes Bonanza Village's address so competitive at this price point: 15-minute Strip and Downtown commutes, 20-minute airport access, Lorenzi Park minutes away, and the entire central Las Vegas retail and dining grid without an outer-ring drive. Owning in Bonanza Village delivers the full urban convenience benefit that buyers at this price tier often sacrifice to newer suburbs.
Browse Central Las Vegas Access Advantage homes →STILL DECIDING?
BY ZIP CODE
Bonanza Village sits entirely within ZIP 89106, which encompasses a range of central Las Vegas properties beyond the Bonanza Village community itself. The table below presents the ZIP as a single area corridor per Las Vegas REALTORS data; Bonanza Village pricing at $180K–$350K sits below the broader ZIP median.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89106 | Central Las Vegas — Bonanza Village · surrounding established neighborhoods | $369,000 | ~$258 | 25 | 85 | n/a* |
Source: Las Vegas REALTORS MLS plus Nevada Real Estate Group corridor analysis. The $369,000 ZIP median blends Bonanza Village's affordable stock with other central Las Vegas inventory. *Year-over-year change is intentionally omitted at corridor level. Boundaries per Clark County GIS.
Builders & Renovation
Bonanza Village is a built-out 1960-era community — new construction is not available within the neighborhood. The opportunity here is renovation and resale, not new builds. Buyers seeking new construction in Las Vegas can find active communities in the southwest and northwest corridors from the builders below. Verify current communities and pricing before engaging.
Family & Move-Up
Volume builder with active communities in the outer Las Vegas corridors
First-Time & Family
Entry-level new construction for buyers graduating from Bonanza Village
Family
Accessible new builds for move-up buyers from established central neighborhoods
Mid-Market
Value-tier new construction for Bonanza Village buyers ready to step up
Entry & Family
Largest national builder with Las Vegas Valley presence at accessible price points
Outdoor Recreation
Lorenzi Park, Sunset Park, and the broader City of Las Vegas parks system give Bonanza Village residents meaningful recreational access within short drives. The City of Las Vegas maintains parks, trails, and sports facilities serving the central Las Vegas corridor; no community HOA amenities exist within Bonanza Village itself.
5 MIN
The closest major park to Bonanza Village — 40 acres at 3333 W Washington Ave with two stocked lakes, a playground, sports courts, picnic areas, and paved walking paths. Well-maintained by the City of Las Vegas; a practical morning-walk destination from most Bonanza Village addresses.
20 MIN
One of Las Vegas's largest municipal parks at 324 acres southeast of Bonanza Village. Features a lake with paddleboating, basketball courts, tennis, disc golf, soccer fields, and miles of paved trails. Family gatherings and weekend sports leagues operate here year-round.
25 MIN
A 680-acre historic ranch and nature preserve in northwest Las Vegas with multiple ponds, picnic pavilions, birding areas, and gentle walking paths. A calming contrast to the urban grid — Bonanza Village residents who want a nature escape without driving far reach it in about 25 minutes.
25 MIN
The Las Vegas Aviators' home stadium in Downtown Summerlin — a Triple-A affiliate with craft food, open-air seating, and summer night games. A 25-minute drive from Bonanza Village for families wanting live sports without Strip prices.
15 MIN
The world's premier entertainment corridor is 15 minutes from Bonanza Village's central location — a proximity advantage shared by few affordable Las Vegas neighborhoods. World-class restaurants, shows, and live events accessible without an extended commute.
30 MIN
A 13-mile Scenic Loop, 26 miles of trails, and world-class rock climbing walls about 30 minutes west from Bonanza Village. The Summerlin-corridor commute to Red Rock is straightforward via Charleston Blvd or the 215 Beltway.
15 MIN
The University of Nevada Las Vegas campus is about 15 minutes southeast — public athletic events, campus recreation facilities, cultural programming, and a walkable university atmosphere accessible from Bonanza Village.
15 MIN
The emerging 18b Arts District in Downtown Las Vegas features galleries, local restaurants, breweries, and First Friday events — a 15-minute drive from Bonanza Village and one of the fastest-growing cultural neighborhoods in the valley.
The Bonanza Village Lifestyle
Morning walks on mature streets, a run at Lorenzi Park, afternoon errands at central Las Vegas retail, and an evening on the Strip or Downtown Arts District — with the City of Las Vegas parks system and a 15-minute commute threading dining and entertainment together at a fraction of coastal costs.
THIS WEEKEND'S OPEN HOUSES
Bonanza Village is open — no gate coordination required. With 85 active listings in ZIP 89106 and a 25-day median pace, well-conditioned homes attract buyers quickly. Browse inventory, set instant alerts, or call (702) 637-1759 and our team will schedule your weekend tour and guide condition evaluation before you write an offer.
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
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.
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.
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.
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.
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.
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.
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.
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.
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
Bonanza Village residents reach Strip hospitality, downtown government, regional healthcare, and service employers within 15 to 20 minutes. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro is strong in hospitality, healthcare, and construction — and central Las Vegas addresses offer the shortest commutes to that employer base.
Sources: U.S. Bureau of Labor Statistics, City of Las Vegas. Last updated June 2026.
COMMUNITY COMPARISON
Bonanza Village wins on price entry and central location; Spring Valley on Strip proximity; The Lakes on HOA amenity; Henderson on school ratings. Side-by-side metrics buyers ask about most, June 2026 — sources are LVR, the U.S. Census, and FBI UCR.
| Metric | Bonanza Village | Spring Valley | The Lakes | Henderson |
|---|---|---|---|---|
| Entry Price | $180K | $300K+ | $400K+ | $350K+ |
| Guard-Gated | No | No | Partial | Partial |
| HOA Monthly | $0–$50 (many $0) | $50–$200 | $100–$300 | $50–$200 |
| ZIP Median List | $369K (89106) | ~$450K area | ~$500K area | $548K |
| Days on Market | 25 | ~22 | ~24 | ~28 |
| Strip Commute | 15 min | 10–15 min | 20 min | 30–35 min |
| Charter Option | Coral Academy 8/10 | Available | Available | Multiple 8-9/10 |
| Best For | Affordable entry · Central access | Strip-adjacent · Mid-range | HOA amenities · Established | Schools · Suburb quality |
Sources: Las Vegas REALTORS, U.S. Census QuickFacts. School ratings from GreatSchools.org. Last updated June 2026.
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.
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
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.
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.
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.
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
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.
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.
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.
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
Local roads put the Strip and Downtown Las Vegas 15 minutes away; I-15 reaches Harry Reid Airport in 20. Mean Las Vegas commutes run near 25 minutes per U.S. Census ACS data — Bonanza Village residents run well under that figure for Strip and Downtown destinations, making it the shortest commute of any established affordable neighborhood in the valley.
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC of Southern Nevada.
Quick Answer
Most Bonanza Village purchases close in 30 to 45 days through Nevada's title-and-escrow system. Cash deals close in 10 to 14 days. FHA buyers should budget extra time for appraisal and lender-required repairs on 1960-era homes. Request the HOA resale package on day one of contract so dues and reserve status clear before your inspection deadline.
Quick Answer
FHA loans require 3.5% down — on a $280,000 Bonanza Village home that is $9,800. Conventional loans allow 3% to 5% for qualifying buyers. VA loans offer 0% down for eligible veterans even above the conforming limit using full entitlement. Nevada Housing Division down-payment assistance programs can layer on top for qualifying first-time buyers. At the $180,000 entry, 3.5% FHA down is $6,300 — among the lowest ownership-entry figures in established Las Vegas neighborhoods.
Bonanza Village FAQ — 18 Answers
Bonanza Village homes range from roughly $180,000 for original-condition residences to $350,000 for fully renovated properties on larger lots. ZIP 89106 carried a $350,000 median list price in September 2026 per Las Vegas REALTORS — Bonanza Village pricing sits below that ZIP-area figure because the neighborhood is one of the most accessible established communities in the central valley. Condition and renovation level drive value more than floor plan alone here; ask Nevada Real Estate Group for closed comps specific to Bonanza Village before you write an offer or set a list price.
Yes — by the metrics that matter for affordable central-valley living, Bonanza Village delivers real value. The 1960-era stock means 300 acres of mature landscaping and established street character that newer outer-ring communities lack. The trade-offs are honest: condition varies widely across the 2,000-plus homes, schools rate in the mid-range on GreatSchools, and the absence of amenity HOA structures means no community pool or clubhouse. For first-time buyers and value investors, the location and carrying costs are hard to beat at the price point.
Bonanza Village is in ZIP 89106, central Las Vegas. Drive times from the neighborhood run about 15 minutes to the Strip, 15 minutes to Downtown Las Vegas, 20 minutes to Harry Reid International Airport via I-15 or I-215, and 25 minutes to Summerlin via US-95. Few valley communities priced under $350,000 offer shorter all-around commutes. Add ZIP 89106 to your MLS search filters, or let Nevada Real Estate Group set instant listing alerts inside the community.
Many homes in Bonanza Village carry no HOA — the published range is $0 to $50 per month. Where a small association exists, dues cover common-area maintenance. That low carrying cost is a genuine advantage versus newer master-planned communities charging $100 to $300 monthly. Verify the specific home's HOA status in the title report early in escrow; where an association applies, request dues, reserve status, and any pending assessments before your contingency deadlines pass.
Roughly 15 minutes via local roads under normal traffic conditions. Bonanza Village's central position also puts Downtown Las Vegas about 15 minutes away, Harry Reid International Airport around 20 minutes via I-15 or I-215, and Summerlin near 25 minutes via US-95 west. That commute profile is unusually compact for a community priced below $350,000 — most affordable Las Vegas inventory sits in the outer southwest or north, adding 15 to 20 minutes to every major destination.
Clark County School District campuses serve Bonanza Village: John C. Fremont Elementary (6/10 GreatSchools), Fremont Middle School (5/10), and Clark High School (6/10). Charter options include Coral Academy of Science (8/10 — a standout in this ZIP area) and Nevada State High School (7/10). Private standouts in the broader valley include Bishop Gorman (A+) and The Meadows School (A+). Verify exact CCSD zone assignments by address before closing — boundaries can shift between school years.
Bonanza Village features established single-family homes across roughly 300 acres built by various builders starting in 1960. The 2,000-plus residences span a range of lot sizes and floor plans — mostly ranch-style and low-profile designs typical of mid-century Las Vegas construction. Prices from $180,000 to $350,000 make this one of the most accessible established communities in the valley. Condition varies meaningfully; tour with a licensed agent who knows this specific neighborhood and budget a thorough inspection before writing an offer.
Lorenzi Park — about 40 acres at 3333 W Washington Ave with lakes, playground, sports fields, and walking paths — is the closest significant park to Bonanza Village. Sunset Park, a 324-acre facility with a lake, sports courts, disc golf, and trails, is a short drive southeast. Floyd Lamb Park at Tule Springs, a 680-acre preserve with ponds, picnic areas, and walking trails, is accessible to the northwest. The City of Las Vegas maintains all three facilities; check lasvegasnevada.gov for hours and seasonal programming.
The fundamentals for patient investors are sound: an established 2,000-plus home community priced $100,000 to $150,000 below the Las Vegas city median, central location that drives consistent rental demand, low HOA carrying costs, and a 60-plus year track record as a functioning neighborhood. Renovation-driven appreciation is real here — updated homes have sold near the top of the $350,000 range while original-condition properties anchor near $180,000. Ask Nevada Real Estate Group for recent Bonanza Village closed comps before committing capital.
Four factors move real money in Bonanza Village. First, condition is everything: the $180,000-to-$350,000 spread largely reflects renovation level, not square footage. Second, HOA status: most homes have no association, but verify in the title report — the rare HOA here is small. Third, school zones: mid-range CCSD ratings make private or charter school access a planning question for families. Fourth, property-tax resets: Nevada reassesses to current market value after sale, so verify the post-closing tax figure with the Clark County Assessor before budgeting ownership costs.
ZIP 89106 carried a 25-day median days on market in September 2026 per Las Vegas REALTORS — a moderate pace that gives buyers more room to inspect and negotiate than the valley's fastest luxury corridors. With 85 active listings across the ZIP area and a $350,000 median list, well-priced and well-conditioned homes still attract quick offers. Original-condition homes at the lower end of the range tend to sit longer. Buyers who move promptly on updated homes in good condition rarely face competition delays.
Nevada's effective property-tax rate runs roughly 0.5–0.7% of assessed value per the Clark County Assessor, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $280,000 purchase, plan around $1,400 to $1,960 annually — meaningfully lower than most western states at comparable price points. Long-held homes in Bonanza Village often carry abated assessed values; the figure resets to current market value after sale, so verify the post-sale tax bill with the Assessor before building your ownership budget.
Yes — Bonanza Village is one of the valley's most accessible established communities for first-time buyers. The $180,000-to-$350,000 price range is well within FHA loan territory ($524,225 limit in Clark County), and the $0-to-$50 monthly HOA means carrying costs stay lean. Nevada Housing Division down-payment assistance programs can further close the gap for qualifying buyers. A 3.5% FHA down payment on a $280,000 home is $9,800 — among the lowest ownership-entry figures in the Las Vegas valley. Call Nevada Real Estate Group at (702) 637-1759 to review your options.
Both communities offer central Las Vegas access at accessible price points — but Spring Valley, an unincorporated county area near the Strip, typically prices $50,000 to $100,000 higher than Bonanza Village for similar-sized homes. Bonanza Village's $180,000-to-$350,000 range makes it the lower-entry alternative for buyers who prioritize proximity to Downtown Las Vegas and the I-15 corridor over Summerlin or western amenity access. Nevada Real Estate Group can walk you through both neighborhoods and help you match the right community to your budget and commute.
Most Bonanza Village purchases close in 30 to 45 days through Nevada's escrow system. FHA and VA buyers should be pre-approved before touring — in a 25-day median market, conditional offers rarely win on well-conditioned homes. Once you close, update your Nevada driver's license within 30 days and register your vehicle within 60 per Nevada DMV requirements. NV Energy, Southwest Gas, and City of Las Vegas water handle utilities; set up transfers the week before closing to avoid gaps in service.
FHA loans require 3.5% down — on a $280,000 Bonanza Village purchase that is $9,800. Conventional loans allow 3% to 5% down for qualifying buyers. VA loans offer 0% down for eligible veterans. Nevada Housing Division programs can layer on down-payment assistance. At the $180,000 entry, 3.5% FHA down is $6,300 — one of the lowest ownership-entry figures in the valley for an established neighborhood with a 60-plus year track record.
Most Bonanza Village purchases close in 30 to 45 days through Nevada's title-and-escrow system — not attorneys. Cash purchases can close in 10 to 14 days. FHA buyers should allow extra time for the appraisal and any lender-required repairs on older homes. Request the HOA resale package — where an association exists — the day you go under contract so dues and reserve status clear before inspection deadlines.
Moderately — mature grid streets and established sidewalks make on-foot errands practical within the neighborhood. Lorenzi Park is reachable on foot from many Bonanza Village addresses. Daily driving is still the norm for groceries and work commutes in this part of the valley. Transit routes along Washington Avenue and US-95 provide bus access to Downtown Las Vegas for residents without a vehicle.
Updated September 2026
STILL HAVE QUESTIONS?
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PEOPLE ALSO ASK
Eight queries Bonanza Village buyers ask most — answered from City of Las Vegas, Las Vegas REALTORS MLS data, and GreatSchools ratings. Every figure links to a primary source.
Yes — Bonanza Village is within the incorporated boundaries of the City of Las Vegas in Clark County, Nevada, ZIP 89106. Mailing addresses say Las Vegas, NV 89106. The community dates to 1960 and is served by City of Las Vegas municipal services, LVMPD for law enforcement, and Clark County School District for public schools.
ZIP 89106 — a central Las Vegas ZIP covering Bonanza Village and surrounding established neighborhoods. Drive times from this ZIP run 15 minutes to the Strip, 15 minutes to Downtown Las Vegas, and 20 minutes to Harry Reid International Airport via I-15 or I-215.
No — Bonanza Village is a residential community west of Downtown Las Vegas, not the downtown itself. Bonanza Village is a single-family neighborhood with 2,000-plus established homes and minimal HOA fees; downtown is the commercial, entertainment, and government core of the city. The two areas are about 15 minutes apart.
Bonanza Village was established in 1960, making its homes approximately 65 to 66 years old as of 2026. That vintage means buyers should budget thorough inspections of roof, HVAC, plumbing, and electrical systems. Many homes have undergone at least partial updates; condition varies significantly across the 2,000-plus home stock.
No community pool or shared amenity infrastructure exists within Bonanza Village — the $0-to-$50 monthly HOA reflects the absence of shared facilities. Individual homes may have private pools in backyard spaces. Lorenzi Park nearby provides public recreational amenity including sports fields and walking paths.
Moderately — established sidewalks and a flat grid make on-foot errands and walks to Lorenzi Park practical from most Bonanza Village addresses. The community is car-dependent for daily groceries and work commutes, as with most Las Vegas neighborhoods. RTC bus routes on Washington Avenue supplement auto commutes.
Approximately 20 minutes to Harry Reid International Airport via I-15 south or I-215 — a commute advantage over outer suburban communities adding 15 to 25 additional minutes. For frequent flyers or airport-adjacent workers, Bonanza Village's central location is a meaningful practical benefit at the $180K-to-$350K price tier.
The fundamentals for patient investors are sound: a built-out 2,000-home central Las Vegas community with documented renovation-driven appreciation (original condition near $180K, fully renovated near $350K), consistent rental demand from Strip-corridor workers, minimal HOA carrying costs, and 60-plus years of proven neighborhood stability. Ask Nevada Real Estate Group for recent Bonanza Village closed comps before committing capital.
WHY NEVADA REAL ESTATE GROUP
9,600+ closed transactions and $4.85B+ in volume since 2011 — including established central Las Vegas neighborhoods, first-time buyer transactions, and investment property closings across the valley. The largest agent team in Nevada, 150+ agents strong, and 9,061+ verified five-star reviews back the #1 ranking statewide.
WORK WITH THE BEST
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
Compare Bonanza Village with neighboring Las Vegas communities and nearby cities. Each card pairs the drive time with price positioning, so you can judge whether trading the central location of Bonanza Village for Spring Valley's Strip proximity or Henderson's school ratings actually buys you more lifestyle for the money.
More Las Vegas communities
Shopping the whole city? Browse all Las Vegas homes for sale — live MLS listings updated daily.
A–Z INDEX
Central Las Vegas contains multiple established communities beyond Bonanza Village — including Spring Valley, The Lakes, and other ZIP 89106-adjacent neighborhoods. Dedicated community pages are rolling out; our team can pull current listings, HOA dues, and school zoning for any central Las Vegas address on request.
KEEP LEARNING
These guides extend the research most Bonanza Village buyers do next — understanding the broader Las Vegas market, comparing communities across the valley, and tracking current pricing — each written by our team from the same MLS data and primary sources used throughout this page.
MARKET UPDATE
Valley-wide pricing, inventory, and rate context — the macro backdrop behind Bonanza Village's ZIP 89106 numbers.
Read →GUIDE
The complete Henderson buyer guide — a useful comparison for Bonanza Village shoppers weighing suburb quality versus central-location convenience.
Read →COMMUNITY HUB
Every Las Vegas neighborhood, price tier, and lifestyle category — the full city hub for buyers comparing Bonanza Village to other central Las Vegas options.
Read →NEIGHBORHOOD GUIDE
The valley ranked by buyer type — families, first-timers, luxury, retirees — before you tour.
Read →Sources & Methodology
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. One honesty note: the MLS reports at ZIP level, and ZIP 89106 is broader than Bonanza Village alone — so area statistics are labeled as such, and per-tier figures are modeled estimates. Follow any link to verify a figure.
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