138 Rainbow Pl, Colorado Springs, CO

Name: 138 Rainbow Pl, For Sale in Colorado Springs - eXp Realty
Brand: Galvan and Gardner Real Estate Group, Inc.
SKU: 5625240
Price: 540000 USD

House

For Sale

Listed price in listed location currency (USD).

$540,000

422

MLS® 5625240

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1987 sqft

Garage Yes

Taxes $1,611

Days Active 0

Lot Size

Approx. Age 1955

Avg. Price Per Sqft $271

MLS® Number 5625240

Property Address: 138 Rainbow Pl, Colorado Springs, CO, 80906-3226

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number5625240

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1955

BasementFull

DrivewayGarage Door Opener, Other, See Remarks

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 30, 2026List Date

$540,000List Price

Home Appraisal

This property is estimated to sell between: $540,000 and $686,000.

Similar properties in this area sold on average for: $637,000

Expected to sell in 49 days. Similar properties sold in 49 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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