Bought with Katrina Hegeman Exp Realty LLC
$540,000
$540,000
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138 Rainbow Place Colorado Springs, CO 80906
4 Beds
2 Baths
2,208 SqFt
Key Details
Sold Price $540,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $244
MLS Listing ID 5625240
Sold Date 06/16/26
Bedrooms 4
Full Baths 2
Construction Status Existing Home
HOA Y/N Yes
Year Built 1955
Annual Tax Amount $1,611
Tax Year 2024
Lot Size 0.289 Acres
Acres 0.2893
Property Sub-Type Single Family
Source Pikes Peak REALTOR® Services
Land Area 2208
Property Description
Charming ranch home sitting on over a quarter acre lot, lovingly owned by the same family more than 45 yrs. That kind of long term ownership shows in all the right ways. This is a well cared for home that has been maintained with pride over time. Located on a quiet, low traffic loop street just minutes from The Broadmoor Hotel & outdoor escapes including Stratton Open Space & North Cheyenne Canon Park offering both convenience and access to nature. Original hardwood floors are in excellent condition & add warmth, character, and a sense of history you simply cannot replicate today. The living room is bright & inviting with a large picture window that fills the space with natural light. The floor plan flows naturally into the kitchen which features an eat in counter, generous cabinet space & newer appliances. The main level offers main level living with a primary bedroom, two additional bedrooms & full bathroom. Exterior curb appeal stands out with front landscaping, classic brick exterior & decorative shutters that give the home a timeless feel. A covered front porch with a white picket walkway creates a welcoming entry. The two car garage is a rare feature in the neighborhood. The huge backyard is spacious & private with mature lilac trees and plenty of room for gardening, pets, play, or simply enjoying the outdoor space. The basement is more than 80% finished and offers additional endless potential. It includes a fourth non conforming bedroom, family room, spacious laundry/utility area, multiple storage rooms & a full bathroom with a brand new vanity. This space could easily function as a secondary living area or extended living suite. Just waiting for your vision. Homes in this area rarely come to market. This property stands out for its lot size, condition, layout & long term ownership history, all in one of Colorado Springs' most established & desirable areas. A solid, well loved home in a quiet residential enclave. YOUR POT OF GOLD AT THE END OF THE RAINBOW!
Location
State CO
County El Paso
Rooms
Basement Full Basement
Interior
Heating Forced Air, Natural Gas, See Prop Desc Remarks
Cooling None
Flooring Ceramic Tile, Wood
Fireplaces Type None
Furnishings Existing Home
Appliance 220v in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Oven, Range, Refrigerator, Washer
Exterior
Parking Features Attached
Garage Spaces 2.0
Fence Rear
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, See Prop Desc Remarks
Roof Type Composite Shingle
Porch Concrete, Covered, See Prop Desc Remarks
Building
Lot Description Mountain View, See Prop Desc Remarks
Sewer Sewer
Water Municipal
Construction Status Existing Home
Schools
Elementary Schools Canon
Middle Schools Cheyenne Mountain
High Schools Cheyenne Mountain
School District Cheyenne Mtn-12
Others
Tax ID 7425401002
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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