$370,000
5102 Rainbow Harbour Cir, Colorado Springs, CO 80917
End‑Unit 3BR/2BA Townhome — New Roof (Dec 2024) & Oversized 2‑Car Garage
3 Bed · 2 Bath · 1,944 Sq Ft
Spacious 1,944 SF end unit with main‑level bedroom and private patio.
3
Beds
2
Baths
1,944
Sq Ft
1985
Built
0.037 acres (1,628 SF)
Lot
Finished oversized 2‑car garage (newer motor)
Garage
About 5102 Rainbow Harbour Cir
This end‑unit, two‑story townhome at 5102 Rainbow Harbour Cir delivers flexible living across nearly 1,950 square feet. The main level features a comfortable bedroom with its own en‑suite full bathroom — perfect for guests, multi‑generational living, or single‑floor convenience. A dramatic two‑story living room with a wood‑burning fireplace creates an open, welcoming focal point that connects to the kitchen and dining areas. The kitchen was thoughtfully updated with quartz counters, new sink and faucets, can lighting, and stainless steel appliances including a new microwave and electric range.
Upstairs hosts two well‑proportioned bedrooms that share a Jack‑and‑Jill full bath; both bedrooms include double closets and one has a dedicated vanity area. Wood flooring spans the main and upper levels, giving the home a cohesive, low‑maintenance finish. Practical upgrades reduce near‑term capital needs: a new roof and gutters were installed in December 2024, and the attached, finished garage is oversized and equipped with a newer motor for reliable access.
Privacy and outdoor comfort are part of the package — step out to an 8x10 patio with a privacy wall, ideal for a grill and morning coffee. The corner lot location provides an end‑unit advantage with more light and fewer shared walls than mid‑block units. There is no HOA, simplifying ownership; confirm any local covenants during due diligence.
Location is a major plus: you're a short drive from High Chaparral Open Space and Palmer Park for hiking and trails, and shopping is convenient with Powers Pointe, First & Main Towne Center, and Austin Bluffs Plaza within easy reach. Quick access to Powers Blvd connects you to dining, grocers, and major employers. Move‑in ready and priced competitively at $370,000 — schedule a showing to see the thoughtful updates and end‑unit benefits in person.
Home Highlights
Property Features
Interior Features
- 3 bedrooms / 2 full bathrooms
- Approx. 1,944 SF across 2 stories
- Main‑level bedroom with en‑suite full bath
- Two‑story living room with wood‑burning fireplace
- Quartz counters, new sink & faucets
- Stainless steel appliances (new microwave & electric range)
- Wood flooring on main and upper levels
- Double pane windows and wide faux blinds
Exterior & Lot
- Corner lot in small townhouse cluster
- Private 8x10 patio with privacy wall
- Landscaped lot
- Finished oversized 2‑car garage with newer motor
- New roof and gutters (Dec 2024)
- No HOA
Location & Neighborhood
- Quick access to Powers Blvd and Austin Bluffs Pkwy
- Near High Chaparral Open Space and Palmer Park
- Minutes to Powers Pointe and First & Main Towne Center
- Residential, low‑traffic interior street setting
- Convenient for commuters to central Colorado Springs
Walkability & Recreation
- Walkability Rating: 45/100
- Local parks & open space within a short drive
- Nearby pedestrian and bike routes along Austin Bluffs
- Close to grocery, restaurants, and retail on Powers Blvd
Neighborhood & Location
The Rainbow Harbour cluster sits east of central Colorado Springs near the Powers Blvd corridor, offering a residential feel with convenient access to retail, restaurants, and open space. Neighborhood character is a mix of townhomes and single‑family homes from the 1980s onward; residents enjoy short drives to parks like Palmer Park and High Chaparral Open Space, plus grocery and services along Powers and Austin Bluffs.
Market Insights
The Powers Blvd / Austin Bluffs corridor remains a sought‑after submarket in Colorado Springs for townhomes and attached housing stock. As of early 2026, median sale prices in this part of 80917 sit modestly below citywide single‑family medians but offer strong value for buyers seeking proximity to retail and open space. Inventory is moderate: well‑priced, updated townhomes typically see faster activity (average DOM ~30–40 days) while overpriced or unupdated units sit longer. Demand is fueled by downsizers, young families, and local professionals. Given recent updates (notably a new roof) and the end‑unit configuration, this property is well positioned to capture strong buyer interest if marketed at or slightly below comparable end‑unit sales.
Nearby Schools
Ridgeview Elementary
Elementary · 1.5 mi
Bradley Middle School
Middle · 2.0 mi
Palmer High School
High · 6.0 mi
Walkability & Recreation
Good access to nearby open space (High Chaparral, Palmer Park) and local trails; driving distance to larger trailheads and regional parks.
Investment Highlights
- End‑unit townhouse — fewer shared walls and increased privacy.
- Main‑level bedroom with en‑suite full bath — attractive to downsizers and multi‑generational buyers.
- Recent capital improvement: new roof and gutters (Dec 2024).
- Oversized finished 2‑car garage with newer motor — rare for townhome stock.
- No HOA — reduced monthly carrying cost.
Key Findings
- 3 beds / 2 baths, 1,944 SF, built 1985 (as provided).
- List price $370,000; advertised at $190/SF; AVM roughly $368,540.
- End unit on a corner lot with private 8x10 patio and privacy wall.
- Significant recent updates include roof (Dec 2024), quartz counters, new appliances.
- Located near Powers Blvd retail and High Chaparral open space.
Things to Consider
- Exact school assignments for 80917 vary; buyer should confirm with district.
- Heating/cooling system details not provided — recommend inspection and service history review.
- No HOA may indicate fewer shared maintenance standards — verify any private easements or community covenants.
Opportunity Analysis
Owner‑occupier or investor opportunity to acquire a move‑in‑ready, end‑unit townhouse in the Powers/Austin Bluffs corridor with limited near‑term capital needs due to a recent roof replacement and selective interior updates. Appeal to downsizers, small families, and investors seeking low‑turnover rental units.
Potential Use Scenarios
- List for owner‑occupier buyers with targeted marketing to downsizers and professionals working near Powers Blvd.
- Price competitively within the estimated range to provoke multiple offers if days on market remains low in the submarket.
- For investors: verify HVAC and plumbing ages; budget for minimal cosmetic updates to reach market‑leading rent.
Risk Factors
- Unverified mechanical ages (HVAC, water heater) could require near‑term replacement.
- School district ambiguity may affect buyer pool; provide boundary verification in disclosures.
- Limited exterior space — outdoor amenity demand may be lower for buyers seeking yards.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$352K
Midpoint
$370K
High
$388K
$190/SF estimated price per square foot
Estimate anchored to the current list price of $370,000 and implied $190/SF, adjusted ±5–5.5% to reflect recent improvements (roof 2024, interior updates) and end‑unit premium. No live comparable sales API used; comps are market‑knowledge estimates.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Area shows steady household formation with a mix of young families and professionals. Moderate income growth in the past 5 years consistent with broader Colorado Springs trends.
Nearby Points of Interest
- High Chaparral Open Space (≈1.5 mi)
- Powers Pointe / First & Main Towne Center (≈2–3 mi)
Quick access to shopping and dining along Powers Blvd, parks and open space to the north and west, and several grocery/retail centers within 5 minutes by car.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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