Residential · Active

15228 Rainbow Drive

Sedalia, CO 80135

3 Beds · 3 Baths · 2,025 Sq Ft

$850,000

Single Family

Property Type

2 acres

Lot Size

1997

Year Built

$420

Price per Sq Ft

1

Parking Spaces

$600

HOA Fee

7178858

MLS #

About This Property

A Rare Creekside Mountain Retreat with Unparalleled Natural Beauty

Tucked along the banks of Trout Creek in the exclusive gated community of Rainbow Falls, this exceptional two-acre retreat offers a rare combination of natural beauty, privacy, and modern mountain comfort. With the soothing sounds of the creek, five cascading waterfalls, and exceptional fly-fishing right outside your door, this property is truly a one-of-a-kind escape.

Expansive wraparound decks, a charming gazebo, and a riverside firepit create inviting spaces for entertaining or simply soaking in the peaceful surroundings. Floor-to-ceiling windows bring the beauty of the outdoors inside, filling the home with natural light and framing the lush landscape from nearly every room. The home is offered fully furnished, making it an effortless mountain getaway or vacation retreat.

The updated kitchen features new granite countertops and stainless-steel appliances. A main-level bedroom and bath offer convenience and flexibility, while the spacious upstairs primary suite captures the essence of mountain living with a private deck overlooking Trout Creek, an ensuite bath with steam shower, and a separate loft area.

The lower level provides additional living space with a bedroom featuring bunk beds, full bath, wet bar, and comfortable family room—perfect for guests, family gatherings, or relaxing after a day outdoors.

The property borders National Forest near Gem Lake, with access to miles of scenic trails through a private community gate. Located just 20 minutes from Woodland Park and a short drive to Deckers, this secluded retreat offers the perfect balance of privacy, recreation, and convenience.

Come experience the sound of the creek, the beauty of the waterfalls, and the serenity of true Colorado mountain living.

54 days on market

Listed by Carolyn Kenney · HomeSmart · carolyn@cksellshomes.com,720-466-3799

Last updated: 9/14/2026 6:07 PM · Source: REcolorado®, MLS#: 7178858

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Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $420
Subdivision Rainbow Falls Park
MLS # 7178858
Days on Market 54
Bedrooms 3
Full Baths 1
Three-Quarter Baths 2

More Details

Year Built 1997
Lot Size (Sq Ft) 87,120
Acres 2
HOA Yes
HOA Fee $600
Annual Taxes $3,878
State CO
County Douglas
Zoning ER

Interior

Interior Features Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Jet Action Tub, Primary Suite, Smoke Free
Heating Baseboard, Radiant Floor
Cooling Other, Air Conditioning-Room
Flooring Laminate, Tile
Fireplaces 2
Fireplace Features Basement, Living Room
Appliances Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler

Exterior & Parking

Exterior Features Balcony, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub
Garage Yes
Garage Spaces 1
Parking Features Concrete, Lighted
Roof Composition

Building & Lot

Basement Finished, Interior Entry, Walk-Out Access
Lot Features Corner Lot, Many Trees, Meadow, Open Lot, Rock Outcropping, Steep Slope, Fire Mitigation, Mountainous
Architectural Style Contemporary
Levels Two
Construction Frame, Wood Siding
Sewer Septic Tank
Water Source Well

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
9/14/2026 Listed for sale
Source: REcolorado® #7178858
$850,000 -2.3% $420/sqft
1/6/2025 Sold
Source: REcolorado® #5560093
$870,000 -3.2% $430/sqft
12/2/2024 Listed for sale
Source: REcolorado® #5560093
$899,000 $444/sqft

Based on information submitted to the MLS GRID as of November 7, 2026 at 6:03 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated September 14, 2026 at 6:07 PM.

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