138 Rainbow Place

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 courtesy of Galvan and Gardner Real Estate Group, Inc.: [email protected]



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Last checked: 2026-05-02 09:24 AM UTC