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138 Rainbow Pl, Colorado Springs, CO 80906
138 Rainbow Pl, Colorado Springs, CO 80906
Sold for $540,000
138 Rainbow Pl, Colorado Springs, CO 80906
Sold for $540,000
138 Rainbow Pl, Colorado Springs, CO 80906
138 Rainbow Pl, Colorado Springs, CO 80906
138 Rainbow Pl, Colorado Springs, CO 80906
138 Rainbow Pl, Colorado Springs, CO 80906

138 Rainbow Pl Colorado Springs, CO 80906

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$540,000

CLOSED
Beds
4
Baths
2
Sqft
1,987
Acres
0.2893
Year
1955
Close Date
Jun 16, 2026
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$272
Date Listed
Apr 30, 2026

Description of 138 Rainbow Pl, Colorado Springs, CO 80906

Listing details for 138 Rainbow Pl, Colorado Springs, CO 80906 : 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!
Listing Updated : 06-17-2026 at 10:00 AM MDT
Listing Provided By

Jennifer Messick ABR AHWD GREEN GRI MRP SRES , 719-337-5343, Galvan and Gardner Real Estate Group, Inc.

Properties displayed may be listed or sold by various participants in the MLS

Source

Pikes Peak MLS (PPMLS), MLS#: 5625240

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$432K – $611K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments
What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$432K – $611K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
6/16/2026
Sold
$540,000 0%
$272/sqft
Source:Pikes Peak MLS (PPMLS) #5625240
5/20/2026
Status change
$540,000 0%
$272/sqft
Source:Pikes Peak MLS (PPMLS) #5625240
4/29/2026
Listed for sale
$540,000
$272/sqft
Source:Pikes Peak MLS (PPMLS) #5625240

Location of 138 Rainbow Pl, Colorado Springs, CO 80906

Streetview of 138 Rainbow Pl, Colorado Springs, CO 80906

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Schools Near 138 Rainbow Pl, Colorado Springs, CO 80906

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$432K – $611K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments

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Based on information submitted to the MLS GRID as of 2026-06-17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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