138 Rainbow Place, Colorado Springs, CO 80906
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138 Rainbow Place, Colorado Springs, CO 80906
138 Rainbow Place, Colorado Springs, CO 80906
138 Rainbow Place, Colorado Springs, CO 80906
138 Rainbow Place, Colorado Springs, CO 80906
Listed by Jennifer Messick ABR AHWD GREEN GRI MRP SRES Galvan and Gardner Real Estate Group, Inc.
Bought with Katrina Hegeman Exp Realty LLC

$540,000

Est. payment /mo

$540,000

Est.Price: ?

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138 Rainbow Place Colorado Springs, CO 80906

4 Beds

2 Baths

2,208 SqFt

SOLD DATE : 06/16/2026

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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Kenneth Grant

Kenneth Grant

Agent | License ID: IA.100109965

+1(719) 396-2688

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