15185 Rainbow Dr
About This Property
Looking for a Colorado mountain cabin near Deckers with land, privacy, trout fishing, and year-round comfort? Welcome to 15185 Rainbow Drive in Sedalia, Colorado...a fully remodeled 2-bedroom, 1-bath cabin on 4.3 wooded acres in the private Rainbow Falls community.
This cabin is tucked into mature pines and backs to Pike National Forest, giving it the peaceful, private feel buyers want in a mountain retreat. Inside, the home has been fully updated while keeping the cozy cabin charm intact. It's simple, warm, and easy to enjoy, whether you're looking for a weekend getaway, fishing cabin, vacation home, or full-time Colorado retreat.
What makes this property stand out is that the big-ticket improvements are already done. The cabin features a new $40,000 metal roof with 3-inch insulation, helping make this a true year-round cabin and not just a summer escape. Additional upgrades include a new septic system installed in 2023, sealed foundation walls, reinforced caissons, an additional new caisson, new deck railing, a new retaining wall, turf, and a brick paver patio.
Outside, the property feels like its own private playground. Enjoy coffee on the deck surrounded by trees, or follow the trail cut through the land for exploring, hiking, or letting the dogs run.
Located just 9 minutes from Deckers and the South Platte River, this cabin puts you close to some of Colorado's most loved gold medal fly fishing. Rainbow Falls residents also enjoy two private community ponds, including Beaver Pond and Gem Pond, stocked with trout twice a year.
If you've been searching for a remodeled cabin near Deckers, a fly fishing getaway in Colorado, or a private mountain retreat under $500,000, this one is ready for you.
Listed by Chad and Teegan Braun, eXp Realty. Reach out to schedule a private showing!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Relisted | $450,000 | |
| Relisted | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 21, 2026 | Price Decreased |
$489,900
↓ $9K
(1.8%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$499,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017