NV Las Vegas
Paradise
Average Sales Price
$534,165Total Listings
1,196Walk Score
42Paradise Nevada isn't just another Las Vegas neighborhood—it's the unincorporated town that contains the world-famous 4.2-mile Las Vegas Strip, creating a unique urban environment where 191,238 residents live alongside 30+ resort casinos, UNLV's 25,000+ students, Harry Reid International Airport, and 150,000+ hospitality jobs. Formed in December 1950 when casino executives lobbied Clark County to avoid Las Vegas city taxation, this strategic 8.4-square-mile township proves that entertainment industry proximity and residential living can coexist harmoniously in Nevada's most ethnically diverse community where short-term rental permissions, Walk Score 42 car-dependent infrastructure, and metropolitan amenities create urban lifestyle unavailable in suburban incorporated cities.
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Paradise: The Unincorporated Town Born from Casino Tax Strategy
Paradise's origin story reads like a Vegas gamble that paid off spectacularly. In 1950, when Las Vegas Mayor Ernie Cragin proposed annexing the Strip to capture tax revenue, casino owners pushed Clark County to create an unincorporated township instead—avoiding the 13.38% city room tax in favor of the county's 12% rate. This shrewd maneuver created Paradise, stretching from Sahara Avenue north to Cactus Avenue south, Decatur Boulevard west to Nellis Boulevard east—a strategic one-mile-wide, four-mile-long corridor that would become the entertainment capital of the world. Today, Paradise's unincorporated status means no city government, no mayor, just Clark County Commission governance with Paradise Town Advisory Board input, creating a unique quasi-governmental structure that has shaped development patterns for 75 years.
191,238
Residents making Paradise Nevada's 5th-most-populous community if it were incorporated
181,375
Current population showing slight decline but maintaining substantial urban density
8.4 square miles
Containing the Las Vegas Strip, UNLV, Harry Reid Airport, T-Mobile Arena, and Allegiant Stadium in Nevada's most densely populated unincorporated town
$80 billion+
Annual tourism revenue generated from Paradise's Strip corridor with 150,000+ hospitality jobs and 42 million annual visitors creating economic engine
Why Paradise Delivers an Urban Lifestyle Unlike Anywhere Else in Nevada
The Strip IS Paradise
When tourists say they're visiting 'Las Vegas,' they're actually staying in Paradise. The 4.2-mile Las Vegas Strip corridor—from the 'Welcome to Fabulous Las Vegas' sign north to Sahara Avenue—sits entirely within Paradise boundaries, not Las Vegas city limits. This means Bellagio's fountains, the Eiffel Tower at Paris Las Vegas, Caesars Palace, MGM Grand, and virtually every iconic resort except downtown properties are Paradise addresses. This geographic reality creates unprecedented employment density with 150,000+ hospitality jobs, entertainment access where world-class shows happen nightly, dining variety spanning every cuisine and price point, and tourism infrastructure that supports year-round economic activity generating $80 billion+ annually in Clark County—all centered in Paradise's 8.4 square miles.
UNLV & Airport Anchors
Paradise contains two institutional anchors that shape daily life: the University of Nevada Las Vegas (UNLV) with 25,000+ students creating educational and cultural vibrancy, and Harry Reid International Airport handling 57 million annual passengers with direct flights worldwide. UNLV's Thomas & Mack Center hosts basketball, concerts, and events; the Performing Arts Center brings culture; research facilities drive innovation; and student population creates rental housing demand supporting real estate values. The airport's proximity—most Paradise neighborhoods sit 10-15 minutes from terminals—benefits frequent travelers, hospitality workers, and anyone valuing quick access to global destinations. These anchors create employment diversity beyond gaming: education, healthcare, aviation, technology, and professional services that support Paradise's economic resilience.
Diverse Urban Community
Paradise's 191,238 residents create Nevada's most ethnically diverse community where no single demographic exceeds 44%, fostering multicultural neighborhoods, international dining reflecting global cuisines, and social fabric that welcomes transplants from every background. This diversity spans economic segments: luxury high-rise condos on the Strip command $1M+, mid-market single-family homes near UNLV average $400K-$600K, and affordable apartments/condos start around $200K-$300K, creating housing options for casino workers, university staff, young professionals, retirees, and investors seeking rental income from tourism-driven demand. Paradise's median age 39 skews younger than suburban Henderson (40.7) or Summerlin (42), reflecting urban appeal to working professionals, students, and entertainment industry employees who value convenience over suburban sprawl.
Paradise: Where "Las Vegas" Actually Happens
The unincorporated town that contains the world's most famous 4.2 miles
🎰
Entertainment Epicenter
The Strip:
4.2 Miles
Resort Casinos:
30+ Properties
Annual Visitors:
42 Million
Hospitality Jobs:
150,000+
🏠
Housing Diversity
Median Home Value:
$397,297
Price Range:
$200K-$12.8M
Active Listings:
1,187 Homes
Short-Term Rentals:
Permitted
🌍
Cultural Mosaic
Population:
191,238
Ethnic Diversity:
No Majority
UNLV Students:
25,000+
International Cuisines:
100+ Cuisines
Experience Paradise's Unique Urban Lifestyle
Discover 1,187 listings, Strip entertainment access, and Nevada's most diverse community
Email Me the Paradise Market ReportOr email: info@recngroup.com
Paradise Housing Market: Where Property Diversity Meets Investment Opportunity
Paradise's real estate market reflects its unincorporated status and entertainment economy through property diversity unmatched in Nevada. From $200K condos near UNLV serving students and young professionals, to $400K-$600K single-family homes in Paradise Valley's established neighborhoods, to $1M+ Strip high-rise condos with resort amenities and panoramic views, to $5M-$12.8M luxury estates demonstrating the market's upper range—Paradise offers housing for every lifestyle and investment strategy. The community's unique regulatory environment permits short-term rentals (Airbnb/VRBO) restricted elsewhere in the valley, creating cash flow opportunities from tourism demand that supports property values through rental income potential. With 1,187 active listings, median home value $397,297, and average 65-75 days on market, Paradise demonstrates steady transaction velocity where hospitality employment proximity, Strip entertainment access, airport convenience, and urban lifestyle attract diverse buyer profiles from first-time homeowners to international investors seeking Las Vegas rental income.
Short-Term
Rental Status: Permitted
Airport
10-15 minute average drive from most Paradise neighborhoods to Harry Reid International Airport terminals
Tax Advantage
County 12% room tax vs. Las Vegas city 13.38%—saving millions annually for Strip properties since 1950
Employment
150,000+ Strip hospitality jobs + 15,000+ airport jobs + 25,000+ UNLV employment within Paradise boundaries
The Las Vegas Strip
The 4.2-mile Strip corridor from 'Welcome to Fabulous Las Vegas' sign to Sahara Avenue defines Paradise's identity. Bellagio's choreographed fountains, Caesars Palace's Forum Shops, High Roller observation wheel, and 30+ mega-resorts create entertainment density unmatched globally. This isn't just tourism—it's Paradise's economic engine generating $80B+ annual gaming/hospitality revenue, employing 150,000+ residents, and creating property demand from short-term rental investors capitalizing on 42 million annual visitors needing accommodations.
Harry Reid Airport
Harry Reid International (formerly McCarran) handles 57 million annual passengers with non-stop flights to 150+ destinations—North America, Europe, Asia, Latin America. Paradise residents average 10-15 minute airport drives from most neighborhoods, benefiting frequent travelers, hospitality workers with irregular schedules, and anyone valuing quick weekend getaway access. Airport employment—15,000+ direct jobs—supports Paradise's economic diversity beyond Strip, while proximity attracts business travelers and remote workers needing regular flight access.
UNLV Campus
UNLV's 332-acre campus serves 25,000+ students with nationally ranked hospitality and business programs reflecting Paradise's industry focus. Thomas & Mack Center hosts Runnin' Rebels basketball, concerts, and events; 6,651 annual degrees create educated workforce; research facilities drive innovation; and student housing demand supports rental property values in surrounding neighborhoods. UNLV's presence diversifies Paradise beyond gaming: education jobs, healthcare training, legal education, and academic culture balancing entertainment industry dominance.
Urban Living Where Entertainment Access Meets Metropolitan Convenience
Paradise attracts residents who understand urban living trade-offs: accepting higher density, car-dependent infrastructure (Walk Score 42), and tourism crowds in exchange for unmatched entertainment access, employment proximity, and metropolitan amenities. Paradise residents walk to world-class shows, dine at celebrity chef restaurants, enjoy 298 sunny days annually at Sunset Park's 324 acres (9 softball fields, 8 basketball courts, disc golf, dog park), and commute 10-15 minutes to most valley employment centers. This lifestyle appeals to hospitality workers avoiding long commutes, young professionals valuing nightlife access over suburban yards, international transplants seeking multicultural community, empty-nesters downsizing from suburban homes, and investors capitalizing on short-term rental income from tourism demand. Paradise's unincorporated status creates regulatory flexibility: no municipal red tape, county-level building codes, and short-term rental permissions that make Airbnb/VRBO investment viable—unique advantages supporting real estate values through rental income potential unavailable in incorporated municipalities restricting short-term rentals.
What Buyers Want to Know About Paradise Urban Living
Q: Is Paradise part of Las Vegas?
A: No, Paradise is an unincorporated town in Clark County formed in 1950 to avoid Las Vegas city taxation. Most of the Las Vegas Strip, UNLV, and Harry Reid Airport are in Paradise, not Las Vegas city limits.
Q: Why was Paradise created as an unincorporated town?
Q: What's the population of Paradise, Nevada?
Q: Does Paradise have its own government?
Q: What major attractions are in Paradise?
Q: Can you short-term rent properties in Paradise?
Q: What's the median home price in Paradise?
Q: What's the commute like living in Paradise?
Q: What's the job market like in Paradise?
Q: Is Paradise a safe place to live?
Paradise Real Estate: The Unincorporated Town That IS Las Vegas
Where the Las Vegas Strip, UNLV, and Harry Reid Airport create Nevada's most dynamic urban market
🎰 UNINCORPORATED MARKET DATA
🎰
Strip Location
Strip Corridor
4.2 Miles
Resort Casinos
30+ Properties
Annual Visitors
42 Million
Location Status
CONTAINS STRIP
🏠
Housing Market
Median Home Value
$397,297
Active Listings
1,187
Price Range
$200K-$12.8M
Market Type
DIVERSE
⭐
Unique Advantages
Short-Term Rentals
Permitted
Government Type
Unincorporated
Airport Distance
10-15 min
Investment Status
OPPORTUNITY
Ready to Explore Paradise's Unincorporated Urban Lifestyle?
Discover 1,187 listings, Strip entertainment access, short-term rental opportunities, and Nevada's most diverse urban community
Email Me the Paradise Market ReportOr email: info@recngroup.com
Paradise Real Estate: From Strip Condos to Residential Homes
These Paradise listings represent the community's housing diversity—Strip high-rise condos with resort amenities and million-dollar views, mid-market single-family homes near UNLV and Sunset Park, affordable apartments for service industry workers, and luxury estates demonstrating Paradise's economic spectrum. Each property benefits from Paradise's unique unincorporated status allowing short-term rental income, central valley location with 10-15 minute drives to most destinations, entertainment industry employment access, and urban lifestyle unavailable in suburban communities.
- 1/58 58
Active$ 12,800,000
2 Beds3 Baths7,110 SqFt4525 Dean Martin DR #2503, Las Vegas, NV 89103
Condo
Listed by Darin Marques of Virtue Real Estate Group
- 3D
Active$ 8,500,000
5 Beds6 Baths16,936 SqFt3970 Spencer ST, Las Vegas, NV 89119
Single Family Home
Listed by Holly Erker of IS Luxury
- 1/99 99
Active$ 7,250,000
3 Beds6 Baths6,779 SqFt1 Hughes Center DR #1901, Las Vegas, NV 89169
Condo
Listed by Randall J. Char of Las Vegas Sotheby's Int'l
- 1/95 95
Active$ 4,900,000
8 Beds6 Baths7,766 SqFt2818 E Quail AVE, Las Vegas, NV 89120
Single Family Home
Listed by Craig Tann of Huntington & Ellis, A Real Est
- 1/52 52
Active$ 4,500,000
2 Beds3 Baths2,247 SqFt3750 S Las Vegas BLVD #4202, Las Vegas, NV 89158
Condo
Listed by Kamran D. Zand of Luxury Estates International
- 1/51 51
Active$ 4,500,000
5 Beds9 Baths8,579 SqFt6755 Agave Azul CT, Las Vegas, NV 89120
Single Family Home
Listed by Michael L. Zelina of Las Vegas Sotheby's Int'l
Get My Free Paradise Relocation Guide
RECENTLY SOLD
These Paradise properties represent more than real estate transactions—they're investments in Las Vegas' unincorporated urban hub where Strip entertainment access, short-term rental opportunities, and employment proximity create lasting value through location advantages unavailable elsewhere in the valley. Each sale tells the story of buyers who chose urban convenience over suburban sprawl, entertainment industry employment access over long commutes, and the kind of metropolitan lifestyle that develops when residents embrace Paradise's multicultural character, 10-15 minute airport proximity, and regulatory flexibility permitting Airbnb/VRBO income streams restricted in incorporated municipalities. Paradise buyers don't just purchase Nevada real estate—they join Las Vegas' most dynamic unincorporated address where Strip location creates authentic urban experiences that celebrate both entertainment industry vitality and residential community living.
Image
Address
Sold Date
Property Type
Configuration
Price
3930 Lasso CIR, Las Vegas, NV 89121
Single Family Home
3 Beds2 Baths1,456 SqFt
$ 479,000 $ 479,000
Listed by Tamara S Reynolds of Platinum Real Estate Prof
3212 Shadow Bluff AVE, Las Vegas, NV 89120
Single Family Home
4 Beds2 Baths2,100 SqFt
$ 475,000 $ 475,000
Listed by Wayne Corbeille of BHHS Nevada Properties
2600 HARMON AVE #37010, Las Vegas, NV 89109
Condo
1 Bed1 Bath793 SqFt
$ 1,100,000 $ 1,049,888 4.8%
Listed by Heidi L. Williams of THE Brokerage A RE Firm
Market Trends
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housing detail
Occupancy
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Listing Detail
Attributes Average Median
Bathrooms 2.09 2
Bedrooms 2.21 2
Year Built 1990 1990
Lot Size 7,418 Sqft 3,049 Sqft
Taxes $2,393 $1,646
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