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!
For sale
$439,000
2063 Rainbow Rd, Lexington, KY 40503
3beds
2,042sqft
Est.:
Single Family Residence
Built in 1955
10,541.52 Square Feet Lot
$422,900 Zestimate®
$215/sqft
$-- HOA
What's special
Detached covered patioUpdated kitchenQuiet low-traffic streetInviting living spaces throughoutHardwood floorsPrivate wood-fenced backyard
- 13 hours |
- 1,150 |
- 49 |
Zillow last checked: 8 hours ago
Listing updated: 21 hours ago
Listed by:
MELIA Realty Group - Melia Hord 859-449-4400,
Keller Williams Legacy Group
Source: Imagine MLS,MLS#: 26003840
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: Lower
Bathroom 1
- Level: First
Bathroom 2
- Level: Lower
Bonus room
- Description: Currently used as the Primary Bedroom Ensuite
- Level: Lower
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Utility room
- Level: Lower
Heating
- Forced Air
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Walk-In Closet(s)
- Flooring: Hardwood, Laminate
- Windows: Blinds
- Basement: Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Electric, Family Room
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
- Finished area above ground: 1,070
- Finished area below ground: 972
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Driveway, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Fencing: Privacy,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,541.52 Square Feet
- Features: Few Trees
Details
- Parcel number: 21646600
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Block
- Roof: Composition,Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Southland
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $198,900
- Annual tax amount: $2,442
- Date on market: 3/2/2026
Estimated market value
$422,900
$402,000 - $444,000
$2,387/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Listed for sale | $439,000+4.8%$215/sqft |
Source: | ||
| 11/15/2024 | Sold | $419,000$205/sqft |
Source: | ||
| 8/20/2024 | Pending sale | $419,000$205/sqft |
Source: | ||
| 8/17/2024 | Listed for sale | $419,000+110.7%$205/sqft |
Source: | ||
| 11/5/2020 | Sold | $198,900+98.9%$97/sqft |
Source: Public Record Report a problem | ||
| 9/1/2010 | Sold | $100,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,442 -3.2% | $198,900 |
| 2022 | $2,521 | $198,900 |
| 2021 | $2,521 +67.8% | $198,900 +67.8% |
| 2020 | $1,502 | $118,500 |
| 2019 | $1,502 | $118,500 |
| 2018 | $1,502 +5% | $118,500 |
| 2017 | $1,431 +29% | $118,500 +18.5% |
| 2015 | $1,110 | $100,000 |
| 2014 | $1,110 | $100,000 |
| 2012 | $1,110 | $100,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $76,600 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,365/mo
Principal & interest
$2058
Property taxes
$307
Climate risks
Neighborhood: Southland-Deerfield-Open Gates
Nearby schools
GreatSchools rating
- 6/10Glendover Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Jessie M Clark Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Lafayette High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Glendover
- Middle: Morton
- High: Lafayette
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




