15185 Rainbow Drive Sedalia, CO ^$ 489,900

15185 Rainbow Drive

^$ 489,900

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15185 Rainbow Drive

Sedalia, CO, 80135

^$ 489,900

Bedrooms2 Baths1.0 Sq 768

Monthly Estimate*

^$ 3,093

Listed by eXp Realty, LLC

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Single Family Home for sale in Sedalia, CO

for $489,900 with 2 bedrooms and 1 full bath. This 768 square foot home was built in 1965 on a lot size of 4.3.

If you've been searching for a mountain cabin near Deckers with land, privacy, trout fishing, and upgrades that make it comfortable year-round, you'll want to see 15185 Rainbow Drive. Located in the private Rainbow Falls community just 9 minutes from Deckers, this fully remodeled 2-bedroom, 1-bath cabin sits on 4.3 wooded acres surrounded by mature pines and backs to Pike National Forest. Whether you're looking for a weekend getaway, a fly-fishing retreat, or a place to unplug and spend more time outdoors, this property checks all the boxes. What sets this cabin apart is that the expensive work has already been done. A new $40,000 metal roof with 3" insulation helps make this a true four-season cabin, not just a summer escape. Additional improvements include a new septic system (2023), sealed foundation walls, reinforced caissons, an additional caisson, new retaining wall, turf, brick paver patio, and a trail carved through the property for exploring, hiking, or letting the dogs run. The outdoor living space feels like an extension of the home. Enjoy coffee on the deck overlooking the trees, spend evenings around the patio, or wander the private trail through your own slice of Colorado forest. Owners also enjoy access to two private Rainbow Falls ponds. Beaver Pond is stocked with trout twice each year, while Gem Pond becomes a favorite gathering spot for ice skating in the winter. Just down the road, the South Platte River offers some of Colorado's most sought-after gold medal fly fishing. Finding a remodeled mountain cabin with acreage, private community amenities, year-round usability, and access to world-class recreation is becoming increasingly rare. Your Colorado cabin life starts here.

Single Family Active

Price

^$ 489,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,405

Style

Mountain Contemporary

Lot Size

4.3

Year Built

1965

Town/City

Sedalia

County/Region

Douglas

MLS | Web ID

2179538

Features

Interior

Interior Amenities Ceiling Fan(s) High Ceilings No Stairs Open Floorplan Quartz Counters

Flooring Carpet Laminate

Total Fireplaces 1

Fireplace Features Living Room Wood Burning

Basement (Y/N) N

Window Features Double Pane Windows

Above Grade Finished Area 768

Half Baths 0

1/4 Baths 0

3/4 Baths 1

Total Bedrooms 2

Main Level Bedrooms 2

Main Level Bathrooms 1

Total Baths 1

General

Sewer Septic Tank

Heating Propane Wall Furnace Wood

Cooling None

Utilities Electricity Connected Internet Access (Wired) Propane

Possession Closing/DOD

Roof Composition

Appliances Cooktop Dishwasher Disposal Dryer Electric Water Heater Oven Refrigerator Washer

Zoning ER

HOA Fee 500

Garage Spaces 0

Association Fee Includes Road Maintenance Snow Removal

Patio/Porch Features Deck

Architectural Style Mountain Contemporary

Security Features Carbon Monoxide Detector(s) Smart Cameras

Construction Materials Frame Rock Wood Siding

Exclusions Sellers personal property

Pets Allowed Cats OK Dogs OK Yes

Year Built 1965

Electric 110V

View Meadow Mountain(s) Valley Water

Levels One

Property Subtype Single Family Residence

Tax Year 2025

Ownership Corporation/Trust

Assoc Fee Paid Per Annually

County Douglas

Property Type Residential

Association Amenities Gated Park Playground

HOA Y

Attached Garage N

Subdivision Name Rainbow Falls Park

Facing Direction South

Full Baths 0

Status Active

Directions Coming from the North (Castle Rock / Denver) Take US-85 South toward Sedalia. In Sedalia turn right (west) onto CO-67 toward Deckers. Continue on CO-67 for approximately 6 miles. Turn left onto R

High School Douglas County

City Sedalia

Association Name Rainbow Falls Park North

Senior Community Y/N N

High School District Douglas RE-1

Lot Size Units Square Feet

Lot Size Square Feet 187308

Carport Spaces 0

Listing Terms Cash Conventional FHA VA Loan

Elementary School Sedalia

Tax Annual Amount 2405

Home Warranty Y/N N

Middle/Junior High School Castle Rock

Virtual Tour https://www.zillow.com/view-imx/64c66534-bf2d-41c8-aa3c-7d338a82afd1?setAttribution=mls&wl=true&initialViewType=pano

Structure Type House

Standard Status Active

Occupancy Type Owner

Middle/Junior School District Douglas RE-1

Elementary School District Douglas RE-1

Exterior

Exterior Amenities Private Yard

Fencing Partial

Parking Features Unpaved

Lot Features Borders National Forest Borders Public Land Many Trees Mountainous Open Space Protected Watershed Rock Outcropping Secluded Sloped Steep Slope

Water Source Well

Total Parking 2

Lot Size Area 187308

Foundation Details Slab

Building Area Total 768

Lot Size Acres 4.3

Road Surface Type Gravel

Road Frontage Type Private Road

Road Responsibility Private Maintained Road

Horse Y/N N

Internal Only

Street Number 1 15185

* Excluded Features

List By

Exp Realty, Llc

Broker

(720) 770-0506

Phone

Affordability Calculator

$3,294

Per Month

Monthly Principal & Interest: $3,093
Monthly Property Taxes: $200
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Sedalia, CO

Average List Price ^$2,079,564

Percent of Sale Price 324%

About Sedalia, CO

177 Population

212% Since 2002

^$154,563 Median Income

41.22 Median Age

50% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

732956 Elementary School

732275 Middle School

Douglas County High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/21/2026	$489,900	-1.82%	Price Down
3/14/2026	$499,000	-1.19%	Price Down
3/4/2026	$505,000	-1.94%	Price Down
2/2/2026	$515,000		Listed Price

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15185 Rainbow Drive, Sedalia, CO, 80135 is a Single Family Home for sale at $489,900 with 768 sqft and a lot size of 4.3. 15185 Rainbow Drive has 2 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 80135 which is in Sedalia, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is 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.

Data is updated as of 7/1/2026.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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15185 Rainbow Drive

Single Family Home for sale in Sedalia, CO

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