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For sale
  • Price cut: $4.5K (4/2)
    $429,500

    2063 Rainbow Rd, Lexington, KY 40503

    3beds
    2,042sqft
    : 
    Single Family Residence
    Built in 1955
    10,541.52 Square Feet Lot
    $420,300 Zestimate®
    $210/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!
    46 days
    |
    2,472
    |
    109
    |

    Zillow last checked:

    Listing updated:

    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: $210/sqft
      • Tax assessed value: $198,900
      • Annual tax amount: $2,442
      • Date on market: 3/2/2026
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        Estimated market value

        $420,300

        $399,000 - $441,000

        $2,329/mo

        Price history

        DateEventPrice
        4/2/2026Price change$429,500-1%$210/sqft
        Source: Imagine MLS #26003840 Report a problem
        3/12/2026Price change$434,000-1.1%$213/sqft
        Source: Imagine MLS #26003840 Report a problem
        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

        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

        Monthly payment

        Est. payment
        $2,376/mo
        Principal & interest
        $2075
        Property taxes
        $301
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          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.

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