Rainbow Valley Homes under $500,000

Rainbow Valley Homes under $500,000

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Newest Rainbow Valley Homes under $500,000

391 Timber Ridge Rd, Divide
$325,000
2 Beds ⋅ 1 Baths ⋅ 768 SqFt. ⋅ ACTIVE Status
Super Cozy Cabin in the Mountains!! Make it your peaceful getaway or year round home. Relax on your covered front porch and get ready to grill on the side deck off the dining room. Views of the mountain hills, surrounded by pines and aspens, this quiet peaceful location will make you want to come home. 2 bedroom, 1 bath home has the mountain cabin feeling. Comes fully furnished. The kitchen has granite countertops, stainless steel appliances. Stackable washer/dryer. Enjoy the hot tub under the stars. New septic currently being installed.

391 Timber Ridge Rd, Divide

Courtesy of HomeSmart. 719-634-8761

1920 Pikes Peak Dr, Divide
$439,000
2 Beds ⋅ 2 Baths ⋅ 1,396 SqFt. ⋅ ACTIVE Status
This Divide home has 1,396 square feet of living area across two levels. The main-level kitchen has a peninsula, wood-toned cabinetry and installed stainless steel appliances beside a dining area. The adjoining living room has a vaulted ceiling, a fireplace and high windows overlooking the wooded hillside. The primary bedroom is on the main level and has closet storage. The lower level includes a recreation room with exterior access. The two bathrooms include a shower and a tub/shower combination. A sliding door opens to a deck with rounded railings and mountain views. A covered porch swing and a separate storage shed add outdoor features.

1920 Pikes Peak Dr, Divide

Courtesy of Opendoor Brokerage LLC. 480-462-5392

129 Kestrel Ct, Divide
$482,500
3 Beds ⋅ 2 Baths ⋅ 1,708 SqFt. ⋅ ACTIVE Status
Mountain Living, Privacy & Pikes Peak Views! Welcome to mountain living at its finest in the desirable Rainbow Valley subdivision! Nestled on a beautifully wooded .66-acre lot, this charming 3-bedroom, 2-bath home offers the perfect blend of privacy, natural beauty, and convenient access to everything the area has to offer. The thoughtfully designed floor plan places the bedrooms and bathrooms on opposite sides of the home, creating added privacy and separation between living spaces. Gather around a cozy fire on crisp mountain evenings or step outside onto the deck to take in the peaceful surroundings and views of Pikes Peak. Nature lovers will appreciate the abundance of mature trees and the wildlife that frequently visits the property. Situated on a quiet court with no through traffic, the setting provides a peaceful retreat where you can truly enjoy the tranquility of the mountains. An oversized detached 2-car garage is conveniently located just steps from the front deck, providing plenty of room for vehicles, recreational equipment, tools, and all your mountain toys. The beautifully treed acreage offers endless opportunities to relax, explore, and enjoy the outdoors right at home. With easy access to Highway 67 and convenient proximity to Divide, Woodland Park, and Cripple Creek, you can enjoy the best of Colorado mountain living while remaining close to nearby communities, recreation, dining, and amenities. If you've been looking for a private mountain retreat with beautiful surroundings, Pikes Peak views, a spacious lot, and an ideal location, this Rainbow Valley home is ready to welcome you home!

129 Kestrel Ct, Divide

Courtesy of Homesmart Realty.

493 Horseshoe Dr, Divide
$439,000
3 Beds ⋅ 2 Baths ⋅ 1,632 SqFt. ⋅ ACTIVE Status
Welcome to Rainbow Valley, where Colorado’s mountain charm meets modern comfort. Beautifully furnished and move-in ready, this inviting cabin is nestled among towering pines just minutes from downtown, offering the ideal balance of peaceful mountain living and everyday convenience. Step inside to a bright, open-concept layout designed for both comfortable living and effortless entertaining. Expansive windows invite natural light throughout the home while showcasing the surrounding pine forest and beautiful mountain scenery. Warm, welcoming interiors create the perfect retreat after a day spent enjoying Colorado’s endless outdoor adventures. One of the home’s highlights is the spacious composite deck, an ideal spot to savor your morning coffee as the sun rises over the mountains or unwind beneath a breathtaking canopy of stars. Surrounded by nature, you’ll enjoy the tranquility and privacy of mountain living while remaining close to everything you need. Conveniently located in the desirable Rainbow Valley community, the property offers easy highway access for commuting and exploring the surrounding region. Shopping, dining, local attractions, and everyday essentials are all just minutes away, allowing you to enjoy the best of both worlds—peaceful mountain surroundings and convenient access to town. Outdoor enthusiasts will appreciate the abundance of recreation nearby, from hiking scenic trails and fishing in nearby gold-medal waters to rafting Colorado’s beautiful rivers and exploring the region’s many parks and forests. Whether you’re searching for a full-time residence, a weekend escape, or a vacation getaway, this charming Rainbow Valley cabin offers a wonderful opportunity to embrace the Colorado mountain lifestyle, surrounded by natural beauty, comfort, and adventure.

493 Horseshoe Dr, Divide

Courtesy of Realty One Group Premier. 303-798-4300

60 Beaver Pond Rd, Divide
$479,000
3 Beds ⋅ 2 Baths ⋅ 1,495 SqFt. ⋅ ACTIVE Status
**New flooring installed (Oct 2026) throughout the main level.** Discover authentic Colorado mountain living in this inviting 3 Bed, 2 Bath log home nestled in the coveted Rainbow Valley Community. Tucked on a 1-acre wooded lot along the western slope of Pikes Peak, this property offers the perfect blend of rustic charm, modern comfort, and breathtaking natural surroundings—just minutes from Highway 67 for easy access to Woodland Park, Cripple Creek, Rita the Troll, Colorado Wolf and Wildlife Center and year-round adventures at Mueller State Park. The dark-stained log exterior features a welcoming covered porch, ideal for morning coffee while soaking in panoramic views of aspens, pines, and rolling hills. A single-car garage provides convenient parking and storage. Step inside to warm knotty pine walls and light flooring that flow throughout the open main level. The heart of the home is the cozy living area with its impressive stone fireplace—perfect for crisp Colorado evenings. The well-appointed kitchen features granite countertops, rich wood cabinetry, stainless appliances, and a functional layout designed for everyday meals or casual entertaining. Whether you're seeking a full-time mountain residence, weekend getaway, or a vacation rental, this log home delivers unmatched character and connection to the Colorado high country.

60 Beaver Pond Rd, Divide

Courtesy of Fathom Realty Colorado LLC. 888-455-6040

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The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

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