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For sale
  • Price cut: $51K (9/2)
    $1,199,000

    4937 Rainbow Gulch Trl, Colorado Springs, CO 80924

    7beds
    6,140sqft
    : 
    $7,385/mo
    Get pre-qualified
    Single Family Residence
    Built in 2008
    0.28 Acres Lot
    $-- Zestimate®
    $195/sqft
    $115/mo HOA

    What's special

    Unobstructed mountain viewsUnobstructed front range viewsBackyard playsetMain-level primary suiteDry saunaSoaring vaulted ceilingsDouble ovens
    Unobstructed Front Range views, no neighbors behind you, and over 6,100 square feet of beautifully finished living space—this exceptional Cordera home offers incredible space, privacy, and value on an oversized lot. With 7 bedrooms, 6 bathrooms (5 full), 4 fireplaces, a main-level primary suite, dedicated office, theater, and a fully finished walkout basement, this home delivers an impressive price per square foot for one of Colorado Springs' most desirable communities. Step inside to soaring vaulted ceilings, dramatic floor-to-ceiling windows, and a stunning stone fireplace anchoring the spacious great room. The gourmet kitchen is designed for entertaining with abundant cabinetry, generous prep space, double ovens, and an open layout connecting seamlessly to the main living areas and large deck (new) overlooking the mountains. The main-level primary retreat features its own fireplace and a spacious 5-piece ensuite, while the private office offers another fireplace and an ideal work-from-home setting. The walkout basement is an entertainer's dream, featuring a gorgeous custom theater room with cinema-style seating, projector, screen, and built-in sound, plus a full kitchen with dishwasher, cabinetry and wet bar and plenty of room for guests and gatherings. A dry sauna adds another fantastic amenity, also basement hook ups for washer/dryer, perfect for a multi-generational set up. Outside, enjoy the oversized lot, large deck, backyard playset, and spectacular sunsets with open space behind you and unobstructed mountain views. Additional features include a whole-home Nuvo audio system, upgraded A/C, dual humidifiers, new wood flooring and more. Exceptional space, views, privacy, and amenities at an outstanding value—this is a home that truly has it all.
    19 days
    936
    81

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Turner 719-244-3645,

    Engel & Voelkers Pikes Peak

    Source: elevateMLS,MLS#: 4468362MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Other
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Refrigerator
      Features
      • Breakfast Bar, High Speed Internet, Pantry, Sauna, Wet Bar
      • Flooring: Carpet, Ceramic Tile, Wood
      • Basement: Full,Partially Finished
      • Number of fireplaces: 5
      • Fireplace features: Basement, Four, Gas
      Interior area
      • Total structure area: 6,140
      • Total interior livable area: 6,140 sqft
      • Finished area above ground: 3,663
      • Finished area below ground: 2,477

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Auto Sprinkler System
      • Has view: Yes
      • View description: City, Mountain(s), View of Pikes Peak
      Lot
      • Size: 0.28 Acres
      • Features: Backs to Open Space, Level, Wooded, See Remarks, HOA Required $
      Details
      • Parcel number: 6225309016
      • Other equipment: Home Theater

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stone, Stucco, Frame
      • Foundation: Walk Out
      • Roof: Composite Shingle
      Condition
      • Existing Home
      • New construction: No
      • Year built: 2008
      Details
      • Builder name: Saddletree Hms

      Utilities & green energy

      • Water: Assoc/Distr
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $115 monthly
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $1,103,303
      • Annual tax amount: $4,481
      • Date on market: 8/22/2026
      • Listing terms: Assumable,Cash,Conventional,VA Loan,See Show/Agent Remarks
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/2/2026Price change$1,199,000-4.1%$195/sqft
        Source: elevateMLS #4468362 Report a problem
        8/22/2026Listed for sale$1,250,000+28.8%$204/sqft
        Source: elevateMLS #4468362 Report a problem
        4/16/2024Listing removed$970,536-2.1%$158/sqft
        Source: elevateMLS #3250460 Report a problem
        4/19/2021Sold$990,900+2.1%$161/sqft
        Source: Public Record Report a problem
        3/13/2021Listed for sale$970,536+26.9%$158/sqft
        Source: Keller Williams #3250460 Report a problem
        11/1/2017Sold$765,000-1.3%$125/sqft
        Source: Public Record Report a problem
        10/25/2017Pending sale$774,900$126/sqft
        Source: Equity Colorado #2022502 Report a problem
        8/26/2017Price change$774,900-1.9%$126/sqft
        Source: Equity Colorado #2022502 Report a problem
        8/4/2017Listed for sale$790,000-0.9%$129/sqft
        Source: Equity Colorado #2022502 Report a problem
        6/18/2017Listing removed$797,000$130/sqft
        Source: Equity Colorado #5884501 Report a problem
        5/28/2017Price change$797,000-2.2%$130/sqft
        Source: Equity Realty Estate #6449039 Report a problem
        5/2/2017Listed for sale$815,000+19.9%$133/sqft
        Source: Equity Realty Estate #6449039 Report a problem
        9/23/2008Sold$679,767+529.4%$111/sqft
        Source: Public Record Report a problem
        3/18/2008Sold$108,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,237 -0.8%$77,790 +5.1%
        2024$4,270 +16.9%$74,040
        2023$3,652 -15.3%$74,040 +34.2%
        2022$4,313 $55,190 -2.8%
        2021-- $56,780 +4.5%
        2020$4,870 +0.9%$54,340
        2019$4,826 +1.9%$54,340 +3.4%
        2018$4,737 -0.3%$52,570
        2017$4,749 +0.3%$52,570 -2.9%
        2016$4,737 -3.1%$54,130 +1.8%
        2015$4,887 +8.9%$53,150 +7%
        2014$4,489 $49,670
        2013-- --
        2012-- $51,740
        2011$4,551 $51,740 +2.4%
        2010-- $50,550
        2009-- $50,550 +153.9%
        2008-- $19,910 +885.6%
        2006-- $2,020
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Briargate

        Getting around

        32 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Academy-20

        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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