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Sold for $605,000
  • $605,000

    132 Rainbow Pl, Colorado Springs, CO 80906

    3beds
    1,791sqft
    Single Family Residence
    Built in 1956
    0.35 Acres Lot
    $604,900 Zestimate®
    $338/sqft
    $2,693 Estimated rent

    Home value

    $604,900

    $575,000 - $635,000

    $2,693/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

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

    Welcome Home CO, Inc.

    Bought with:

    Constance Dejong CDPE CRS GRI

    HomeSmart

    Source: elevateMLS,MLS#: 4964306MLS Logo

    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: $338/sqft
    • Tax assessed value: $590,497
    • Annual tax amount: $2,440
    • Date on market: 5/18/2026
    • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/6/2026Sold$605,000-0.8%$338/sqft
    Source: elevateMLS #4964306 Report a problem
    7/22/2026Contingent$610,000$341/sqft
    Source: elevateMLS #4964306 Report a problem
    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
    2025$2,440 +4.3%$41,630 +6.3%
    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

    Neighborhood: Broadmoor

    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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    Estimated market value
    $604,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $604,900