138 Rainbow, Colorado Springs, CO 80906 - coloradospringshomesearches.com

$540,000

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… Read MoreRead Less

Courtesy of Galvan and Gardner Real Estate Group, Inc..Jennifer Messick ABR AHWD GREEN GRI MRP SRES, (719) 301-2222

Listing Snapshot

Days Online

Last Updated

Apr 30, 2026

Property Type

Single Family Residential

Beds

Full Baths

Square Ft.

1,987

Lot Size

0.29 Acres

Year Built

1955

MLS Number

5625240

Additional Details

Appliances & Equipment

220v in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Oven, Range, Refrigerator, Washer

Basement

80 percent of basement finished

Building

2,208 total square feet, 1,987 finished square feet, 1,104 main floor square feet, 1,104 basement square feet, Construction status: Existing Home, Built in 1955, Brick, Framed on Lot, Frame, See Prop Desc Remarks

Foundation

Full Basement

Garage

Garage remotes: 2, 2 garage spaces, Attached, Garage Door Opener, Other, See Prop Desc Remarks

Water Features

Municipal

Interior Features

Floor plan: 1 Story

Lot

0 acres, Rear, Mountain View, See Prop Desc Remarks, Lot size area: 12,602 square feet

Roof

Roof: Composite Shingle

Taxes

Tax amount: $1,611, Tax year: 2024

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, See Prop Desc Remarks

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