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For sale
    • $610,000

    132 Rainbow Pl, Colorado Springs, CO 80906

    3beds
    1,791sqft
    : 
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    Single Family Residence
    Built in 1956
    0.35 Acres Lot
    $-- Zestimate®
    $341/sqft
    $-- HOA

    What's special

    New driveway and sidewalkWelcoming front porchTop-of-the-line whirlpool appliancesHigh-end soft-close cabinetryElevated finishes throughoutBeautifully remodeled rancherNew windows
    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.
    53 days
    |
    397
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Watton ABR EPRO GRI MRP PSA 719-422-6618,

    Welcome Home CO, Inc.

    Source: elevateMLS,MLS#: 4964306MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Other
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Heating
      • Forced Air, Natural Gas, Passive Solar
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
      • Laundry: Electric Hook-up, Main Level
      Features
      • Great Room, Other, See Prop Desc Remarks, High Speed Internet, Smart Thermostat
      • Flooring: Tile, Wood, Luxury Vinyl
      • Windows: Window Coverings
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Gas, Two
      Interior area
      • Total structure area: 1,791
      • Total interior livable area: 1,791 sqft
      • Finished area above ground: 1,791
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Oversized, Workshop in Garage, Garage Amenities (Other), See Remarks, Concrete Driveway
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Other
      Features
      • Patio & porch: Wood Deck, See Prop Desc Remarks
      • Exterior features: Auto Sprinkler System
      • Fencing: Back Yard
      Lot
      • Size: 0.35 Acres
      • Features: Corner Lot, Level, Wooded, See Remarks, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
      Details
      • Parcel number: 7425401003

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Crawl Space, Slab
      • Roof: Composite Shingle
      Condition
      • Existing Home
      • New construction: No
      • Year built: 1956

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Solar, See Remarks
      Green energy
      • Energy generation: Solar Photovoltaic
      • Indoor air quality: Radon System

      Community & HOA

      Community
      • Features: Dining, Hiking or Biking Trails, Lake, Parks or Open Space, Shops, See Prop Desc Remarks
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $341/sqft
      • Tax assessed value: $584,835
      • Annual tax amount: $2,440
      • Date on market: 5/18/2026
      • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/28/2026Listed for sale$610,000$341/sqft
        Source: elevateMLS #4964306 Report a problem
        6/15/2026Contingent$610,000$341/sqft
        Source: elevateMLS #4964306 Report a problem
        5/18/2026Listed for sale$610,000+43.5%$341/sqft
        Source: elevateMLS #4964306 Report a problem
        10/18/2024Listing removed$2,750$2/sqft
        Source: Zillow Rentals Report a problem
        3/28/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/25/2024Listed for rent$2,750$2/sqft
        Source: Zillow Rentals Report a problem
        6/11/2019Sold$425,000$237/sqft
        Source: Public Record Report a problem
        5/17/2019Listed for sale$425,000+54.5%$237/sqft
        Source: Mackenzie Jackson Llc #3338398 Report a problem
        10/10/2018Sold$275,000-5.1%$154/sqft
        Source: Public Record Report a problem
        9/21/2018Listed for sale$289,900+82.3%$162/sqft
        Source: Maxim Properties Inc #5654289 Report a problem
        9/24/1997Sold$159,000$89/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,340 +12.6%$39,180
        2023$2,078 -5.3%$39,180 +28.5%
        2022$2,195 $30,500 -2.8%
        2021-- $31,380 +41.2%
        2020$2,076 +31.6%$22,230
        2019$1,577 +17.1%$22,230 +18.8%
        2018$1,347 -0.4%$18,710
        2017$1,353 +0.4%$18,710 +0.8%
        2016$1,347 +3.5%$18,570
        2015$1,302 +6.1%$18,570 +6%
        2014$1,227 $17,520
        2013-- --
        2012-- $17,870
        2011$1,196 $17,870 -10%
        2010-- $19,850
        2009-- $19,850 +9%
        2008-- $18,210
        2006-- $18,210 +27.7%
        2004-- $14,260
        2003$960 +2.9%$14,260 -5.6%
        2002$933 -9.7%$15,100 -0.8%
        2001$1,034 $15,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Broadmoor

        Getting around

        52 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cheyenne Mtn-12

        Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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