Back 132 Rainbow Pl
Off Market

132 Rainbow Pl

Colorado Springs CO 80906

3
2
2
1791 sq. ft.
15210 sq. ft.
Single-Family
Last sold for $605,000
Jennifer WattonJennifer Watton, last sold this property on 06 October 2026 after 140 days on market.

Overview

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1791 sq. ft. floor area
15210 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Colorado Springs over the last 12 months, the estimated median property value of 132 Rainbow Pl is $400k.

Median value
$400k
Estimated value range
$150k - $1.93m
Median days on market
52
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colorado Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 132 Rainbow Pl

2026
Sold
$605,000
06 Oct 2026 by Jennifer Watton, of Welcome Home CO, Inc.
2019
Sold
$425,000
10 Jun 2019 by Meri Burgess, of MacKenzie-Jackson Real Estate
2018
Sold
$275,000
10 Oct 2018 by Meri Burgess, of Mackenzie Jackson Llc

Happy sellers in Colorado Springs

90%
90% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Colorado Springs over the last 12 months.

Local market activity for 3 bedroom single-family properties in Colorado Springs

In the last 12 months, 98 three-bedroom single-family properties similar to 132 Rainbow Pl, have been sold.

This represents a 16% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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