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Douglas 80135
15185 Rainbow Dr
$489,900
● House - In Contract

15185 Rainbow Dr

Sedalia, CO 80135
bedrooms
2 Beds
bathrooms
0 Bath
square feet
768 Ft²
$2,648
Est. Monthly
$42
HOA / Fees

About This Property

2-Bed Mountain Cabin Near Deckers on 4.3 Acres | Now Offered at $489,900

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!
Unit Size
768 Ft²
Days on Market
-
Land Size
4.30 acres
Price per sqft
$638
Property Type
House
Property Taxes
$200
HOA Dues
$42
Year Built
1965

Listed By

The Selling Rocky Mountain Homes Team
Keller Williams Advantage Realty LLC

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Last updated: 30 days ago (REcolorado MLS #IRE2179538)

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
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Property Highlights

Fireplace
With View
Parking Details
Parking Features: None
Interior Details
Interior Features: Open Floorplan
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Has Fireplace
Fireplace Features: Living Room, One
Basement: Slab
Exterior Details
Square Footage: 768
Square Footage Source: $0
Architectural Style: Chalet
Year Built: 1965
Levels: One
Construction Materials: Frame, Wood Siding, Moss Rock
Patio and Porch Features: Deck
Lot Features: Rock Outcropping, Deciduous Trees, Sloping Lot, Steep Lot, Abuts National Forest, Abuts Public Open Space, House Faces South
Lot Size Area: 187308
Lot Size Units: Square Feet
Lot Size Acres: 4.3
Lot Size Square Feet: 187308
Water Source: Well
Financial Details
Tax Annual Amount: $2,405
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Wood Stove, Ductless
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal
HOA Fee: $500
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 3
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 187,308
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW FALLS PARK NORTH
  • Land Acres: 0000004300
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 2 RAINBOW FALLS PARK NORTH 4.3 AM/L

Neighborhood

  • School District Name: Douglas County School District RE-1
  • Census Tract: 014300

Zoning

  • Zoning: ER

Geography

  • Account Number: R0150375
  • Parcel: 0150375
  • Block: 1
  • Lot: 2
  • Meridian: SEC 36 TWN 09S RNG 70W QTR SE
  • Municipality: DOUGLAS COUNTY RE 1
  • Latitude: 39.2212
  • Longitude: -105.168

    Address

  • Full Address: 15185 Rainbow Dr
  • Address - House Number: 15185
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Sedalia
  • Carrier Code: R002
  • 4-Digit Zip Code: 9502
  • Zip Code: 80135

Valuation

    Tax

  • Total Area: 768
  • Tax Year: 2022
  • Tax Amount: $127,354
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3141

    Appraisal Valuation

  • Standard Deviation: 0.1065
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 356,894
  • High Value: 394,933
  • Low Value: 318,855

    Market Valuation

  • Market Total Value: $222,346
  • Market Land Value: $34,730
  • Market Improvement Value: $187,616

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,450
  • Assessed Land Value: $2,410
  • Assessed Improvements Value: $13,040

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 31745
  • Previous Sale Recording Date: May 18, 2022
  • Previous Sale Contract Date: May 13, 2022
  • Previous Sale Amount: $449,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Douglas


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Frequently Asked Questions

When was property at 15185 Rainbow Drive built and last sold?
The property at 15185 Rainbow Drive was built in 1965 and last sold on Jul 20, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 15185 Rainbow Drive is $479,373.
What are some comparable homes to 15185 Rainbow Drive?
There are currently no comparable homes to 15185 Rainbow Drive.