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For sale
  • $439,000

    2063 Rainbow Rd, Lexington, KY 40503

    3beds
    2,042sqft
    : 
    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
    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!
    13 hours
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    1,150
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    49
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    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#: 26003840MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $422,900

    $402,000 - $444,000

    $2,387/mo

    Price history

    Price history
    DateEventPrice
    3/2/2026Listed for sale$439,000+4.8%$215/sqft
    Source: Imagine MLS #26003840 Report a problem
    11/15/2024Sold$419,000$205/sqft
    Source: Imagine MLS #24017289 Report a problem
    8/20/2024Pending sale$419,000$205/sqft
    Source: Imagine MLS #24017289 Report a problem
    8/17/2024Listed for sale$419,000+110.7%$205/sqft
    Source: Imagine MLS #24017289 Report a problem
    11/5/2020Sold$198,900+98.9%$97/sqft
    Source: Public Record Report a problem
    9/1/2010Sold$100,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

      Getting around

      69 / 100
      Somewhat Walkable
      72 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      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.

      Local experts in 40503

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