2063 Rainbow Road
Lexington, KY, 40503 $ 439,000
Bedrooms3 Baths2.0 Sq 2,042 Monthly Estimate*
$ 2,703
for $439,000 with 3 bedrooms and 2 full baths. This 2,042 square foot home was built in 1955 on a lot size of 0.24.
Located in the heart of the highly sought-after Southland neighborhood, 2063 Rainbow Road offers the perfect blend of walkability, charm, and thoughtful updates, all tucked away on a quiet, low-traffic street. Enjoy being just steps from local restaurants, coffee shops, a beloved donut shop, boutique shopping, the weekly Southland Farmers Market, and the neighborhood's annual street festival. This is true Southland living.This renovated ranch on a basement features 3 bedrooms (with a lower level bonus room used as a primary bedroom ensuite) and 2 full baths with hardwood floors and inviting living spaces throughout. Upon entry, you're welcomed by a cozy family room anchored by a new electric fireplace. The updated kitchen showcases granite and butcher block countertops and flows seamlessly into a light-filled dining area with glass french doors, creating an ideal setup for everyday living and entertaining. Two bedrooms and a shared full bath are located on the main level. The private primary suite is situated in the basement and includes a full bath and walk-in closet, offering a quiet retreat. The basement also provides additional flexible space for a fourth bedroom, family room, home office, or extra storage space. Outdoor living is just as impressive with a private, wood-fenced backyard and a new TREX- patio plus a detached covered patio—perfect for relaxing evenings or hosting friends. Extra bonus is the detached two-car garage with bonus space ideal for a home gym, extra storage, workshop or hobby nook. Recent improvements include a new sump pump, new French doors leading to the backyard, and a new radon mitigation system. If you've been waiting for an updated home in one of Lexington's most vibrant and walkable neighborhoods, this Southland gem delivers. Schedule your private showing today!
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FeaturesInteriorInterior Amenities Walk-In Closet(s)
Basement Finished Partial
Flooring Hardwood Laminate
Total Fireplaces 1
Fireplace Features Electric Family Room
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N Y
Above Grade Finished Area 1070.0
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 972.0
Total Baths 2
Heating-Forced Air True
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Appliances Dishwasher Microwave Range Refrigerator
Garage Spaces 2.0
Patio/Porch Features Patio Other Rear Patio
Architectural Style Ranch
Construction Materials Brick Veneer
Year Built 1955
View Neighborhood
Levels Two
Property Subtype Single Family Residence
Parcel Number 21646600
County Fayette
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Southland
Garage Y/N Y
Total Rooms 10
Full Baths 2
Status Active
Directions From Nicholasville Road turn onto Southland Drive. Then turn left onto Rainbow Road. The house will be on the right.
High School Lafayette
City Lexington
High School District Fayette County - 1
MLS Area 004 - Fayette County SW
Lot Size Units Acres
Lot Size Square Feet 10541.52
Carport Y/N N
Elementary School Glendover
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Morton
MLS Area Minor 004 - Fayette County SW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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ExteriorFencing Privacy Wood
Parking Features Detached Garage Driveway Off Street
Lot Features Few Trees
Water Source Public
Lot Size Area 0.24
Foundation Details Block
Building Area Total 2042.0
Lot Size Acres 0.24
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Legacy GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,703
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Lexington, KY
Average List Price $537,090
Percent of Sale Price 22%
About Lexington, KY 309,571 Population
19% Since 2002
$ 49,858 Median Income
34.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
3289918 Elementary School
3292767 Middle School
Lafayette High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/2/2026 | $429,000 | | Listed Price |