132 Rainbow Place, Colorado Springs, CO

Name: 132 Rainbow Place, For Sale in Colorado Springs - eXp Realty
Brand: Welcome Home CO, Inc.
SKU: 4964306
Price: 610000 USD

House

For Sale

Listed price in listed location currency (USD).

$610,000

322

MLS® 4964306

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1791 sqft

Garage

Taxes $2,440

Days Active 0

Lot Size

Approx. Age 1956

Avg. Price Per Sqft $340

MLS® Number 4964306

Property Address: 132 Rainbow Place, Colorado Springs, CO, 80906

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

Description

WELCOME HOME to this beautifully remodeled rancher tucked into the heart of the highly sought-after Cheyenne Mountain area. Nestled on an incredible .35-acre lot surrounded by mature trees, this home perfectly blends timeless character, thoughtful updates, and an unbeatable location within award-winning D-12 schools. The charming 1956 brick exterior immediately sets the tone, offering warmth and curb appeal that feels both classic and inviting from the moment you arrive. Whether you’re sipping coffee from the welcoming front porch as the neighborhood slowly wakes up or enjoying a peaceful morning on the back deck overlooking the private backyard and pasture beyond, this home creates the kind of everyday moments that simply feel special. Inside, you’ll find a remodeled 3-bed, 2-bath layout filled with warmth, natural light, and elevated finishes throughout. Extensive renovations breathed new life to the home while preserving its original charm, including new windows, roof, gutters, furnace, water heater, upgraded electrical panel with arc fault breakers, new driveway & sidewalk, beautifully refinished original hardwood floors, high-end soft-close cabinetry, and top-of-the-line Whirlpool appliances. Two cozy wood-burning fireplaces create inviting gathering spaces, while the spacious family room with walk-out access seamlessly connects indoor and outdoor living. The oversized 2-car garage offers additional flexibility for storage, hobbies, or workshop space, and the paid-off solar adds long-term efficiency and value. Step outside and experience your own private Colorado retreat complete with a wood deck, pergola, raised garden beds, and room to relax, entertain, and unwind beneath the trees. Perfectly positioned minutes from Cheyenne Canyon, The Broadmoor, Cheyenne Mountain Zoo, Bear Creek Park, Downtown, Old Colorado City, Manitou Springs, trails, shopping, dining, and quick I-25 access, this location truly offers the best of Colorado living at the end of the Rainbow.

MLS® Number4964306

Laundry LevelMain

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1956

BasementSlab

DrivewayOversized, Workshop, Other, See Remarks

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 18, 2026List Date

$610,000List Price

Home Appraisal

This property is estimated to sell between: $549,000 and $641,000.

Similar properties in this area sold on average for: $549,333

Expected to sell in 16 days. Similar properties sold in 16 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

Commute

Starting Address

Destination Address

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