Completely reimagined and renovated, this stunning 3-bedroom, 2-bathroom home seamlessly blends timeless charm with modern luxury. Every detail has been thoughtfully updated, creating a truly move-in-ready home with exceptional style and quality craftsmanship throughout. The beautifully remodeled kitchen serves as the heart of the home, featuring quartz countertops, custom cabinetry, stainless steel appliances and a spacious peninsula that opens up to the bright living and dining area. Refinished original hardwood floors, custom millwork, recessed lighting, and designer finishes create a warm and inviting feel. The main level offers two bedrooms and two beautifully renovated bathrooms featuring marble vanity countertops. Upstairs, you'll find a private third bedroom along with a versatile flex space, ideal for a home office, playroom or hobby room. This home has been extensively updated well beyond the cosmetic finishes, with all-new windows, doors, lighting, plumbing, updated electrical, new dry wall, spray foam insulation, an encapsulated crawlspace with dual sump pumps, and more; all providing exceptional peace of mind for years to come. Located in one of Lexington's most desirable neighborhoods, this home offers the perfect blend of classic charm, modern updates, and everyday convenience. With virtually every major improvement already completed, all that's left to do is move in and enjoy.
Single-familyProperty Type
1954Year Built
10,520 sq ftLot Size
$281Price/Sq.Ft.
Listed by Tori Clinkenbeard• Bluegrass Properties Group
Bought with D Bryan Wehrman• Bluegrass Sotheby's International Realty
Est. $1,669 per month, based on comparable rentals
Sale and tax history for 2039 Rainbow Rd
Sale History
Tax History
Date
Event
Price
ImagineMLS #26019550
Aug 21, 2026
Sold
$405,000
$281/sq ft
Jul 24, 2026
Pending
—
Jul 22, 2026
Listed
$395,000
$274/sq ft
Public Records
Mar 8, 2021
Sold
$215,000
$149/sq ft
ImagineMLS #1509683
Nov 8, 2015
Listing Removed
—
Aug 26, 2015
Listed
$144,900
$100/sq ft
ImagineMLS #1408551
Mar 26, 2015
Listing Removed
—
May 1, 2014
Listed
$142,000
$98/sq ft
ImagineMLS #1214220
Aug 17, 2012
Listing Removed
—
Jul 27, 2012
Listed
$139,500
$97/sq ft
ImagineMLS #1203459
Jul 31, 2012
Listing Removed
—
Feb 24, 2012
Listed
$144,900
$100/sq ft
ImagineMLS #1000679
Jul 10, 2010
Listing Removed
—
Jan 12, 2010
Listed
$149,000
$103/sq ft
ImagineMLS #805632
Sep 19, 2008
Listing Removed
—
Mar 21, 2008
Listed
$139,900
$97/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,689 (+113.6%)
2015
$1,259 (+1.8%)
2014
$1,237
Public record
Public record
Zoning
Permits
Beds
4
Baths
1
Stories
1
Lot width
63 ft.
Lot depth
—
Lot size
10,521 Sq. Ft.
Year renovated
—
Sq. Ft.
1,053
Year built
1954
Style
Single Family Residential
County
Fayette County
APN
23964800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R-1C
Single-Family Residential Zone
The intent of this zone is to provide for low density, single family detached residences and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Housing-Single unit
Park & open space
Jul 10, 2008 • Final
Residential accessory
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Cooling: Central Air, Ceiling Fan(s), Wall Unit(s)
Interior Features
Interior Features: Breakfast Bar, Primary First Floor, Ceiling Fan(s)
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Range
Flooring: Carpet, Hardwood, Tile
Window Features: Blinds, Screens
Laundry Features: Electric Dryer Hookup, Washer Hookup
Room Information
Rooms (Total): 2
Basement: Crawl Space
Fireplace: No
Exterior
Exterior Features
Other Structures: Shed(s)
Foundation Details: Block
Roof: Shingle
Construction Materials: Brick Veneer
Fencing: Privacy, Wood
Lot Information
Lot Size Square Feet: 10,520
Lot Size Acres: 0.242
Lot Size Source: Assessor
Water Source: Public
On Waterfront: No
Property Information
Levels: One and One Half
Building Information
Building Area Total: 1,443
Financial
Tax Information
Parcel Number: 23964800
Utilities
Utility Information
Sewer: Public Sewer
Location
School Information
Elementary School: Glendover
Middle Or Junior School: Jessie Clark
High School: Lafayette
High School District: Fayette County - 1
Location Information
County Or Parish: Fayette
Directions: From Nicholasville Road, take Southland Drive, turn left onto Rainbow Road, house is located on the right.
Subdivision Name: Southland
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,053
Stories: 1.0
Lot Size: 10,521 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Fayette County
APN: 23964800
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Glendover Elementary School
Public PreK-5 • Assigned • 1.0mi
8/10
Jessie M Clark Middle School
Public 6-8 • Assigned • 1.7mi
8/10
Lafayette High School
Public 9-12 • Assigned • 1.0mi
10/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lexington, KY • 40503
Average low and high temperatures (°F)
37
20
47
28
65
41
72
50
74
55
85
65
89
70
84
65
82
60
70
49
57
41
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Lexington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$373,000 – $451,000
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