132 Rainbow Place, Colorado Springs, CO

$610,000

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3

Beds

2

Baths

1,791

Square feet

0.35

Acres

About 132 Rainbow Place

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 of 132 Rainbow Place

MLS® # 4964306
Price $610,000
Bedrooms 3
Bathrooms 2.00
Full Baths 1
Square Footage 1,791
Acres 0.35
Year Built 1956
Type Residential
Sub-Type Single Family
Status Active Under Contract

Community Information

Address 132 Rainbow Place
Area Cheyenne Valley
Subdivision Cheyenne Valley
City Colorado Springs
County El Paso
State CO
Zip Code 80906

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Solar, See Prop Desc Remarks
Parking Spaces 2
# of Garages 2
Has Pool No

Interior

Interior Features Great Room, Other, See Prop Desc Remarks
Appliances Dishwasher, Disposal, Dryer, Microwave Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Heating Forced Air, Natural Gas, Passive Solar
Cooling Ceiling Fan(s)
Fireplace No
Fireplaces Gas, Main Level, Two, Wood Burning
Has Basement Yes
Basement Crawl Space

Exterior

Roof Composite Shingle
Construction Brick

School Information

District Cheyenne Mtn-12

Additional Information

Date Listed May 18th, 2026
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable
Financing Available Assumable, Cash, Conventional, FHA, VA

Listing Details

OfficeWelcome Home CO, Inc.
Contact Info(719) 422-6618

Listing Map

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