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!
Single-familyProperty Type
1955Year Built
10,541 sq ftLot Size
$208Price/Sq.Ft.
2 car garageParking
Listed by MELIA Realty Group - Melia Hord• Keller Williams Legacy Group
Bought with Steve Klein• Bluegrass Sotheby's International Realty
Est. $1,536 per month, based on comparable rentals
Sale and tax history for 2063 Rainbow Rd
Sale History
Tax History
Date
Event
Price
ImagineMLS #26003840
Jun 3, 2026
Sold
$423,900
$208/sq ft
Apr 18, 2026
Contingent
—
Apr 2, 2026
Price Changed
$429,500
$210/sq ft
Mar 12, 2026
Price Changed
$434,000
$213/sq ft
Mar 2, 2026
Price Changed
$439,000
$215/sq ft
Mar 2, 2026
Listed
$429,000
$210/sq ft
ImagineMLS #24017289
Nov 15, 2024
Sold
$419,000
$205/sq ft
Aug 19, 2024
Pending
—
Aug 17, 2024
Listed
$419,000
$205/sq ft
PROFESSIONAL PHOTOS COMING SOON!! Renovated Ranch in quiet neighborhood in the highly sought after Southland area. 3 bedrooms, 2 full bathroom with bonus room in basement. Updated Kitchen with granite and butcherblock countertops. Great entertaining area in backyard. Detached 2 car garage. Close to shopping, entertainment and restaurants. Southland offers a weekly Farmers Market. local donut shop and annual street festival.
Public Records
Nov 5, 2020
Sold
$198,900
$97/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$1,198 (+1.8%)
2014
$1,177
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
63 ft.
Lot depth
—
Lot size
10,552 Sq. Ft.
Year renovated
—
Sq. Ft.
1,070
Year built
1955
Style
Single Family Residential
County
Fayette County
APN
21646600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 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
Property details
Parking
Parking Information
Parking Features: Detached Garage, Driveway, Off Street
Garage Information
Has Garage
Interior
Bathroom Information
Bathrooms (Full): 2
Heating & Cooling
Has Heating
Heating: Forced Air
Cooling: Electric
Interior Features
Below Grade Finished Area: 972
Interior Features: Walk-In Closet(s)
Appliances: Dishwasher, Microwave, Refrigerator, Range
Flooring: Hardwood, Laminate
Window Features: Blinds
Laundry Features: Electric Dryer Hookup, Washer Hookup
Room Information
Rooms (Total): 10
Basement: Finished, Partial
Fireplace: Yes
Exterior
Exterior Features
Foundation Details: Block
Roof: Composition, Shingle
Construction Materials: Brick Veneer
Fencing: Privacy, Wood
Lot Information
Lot Features: Few Trees
Lot Size Square Feet: 10,541.52
Lot Size Acres: 0.242
Lot Size Source: Public Records
Water Source: Public
On Waterfront: No
Has View: Yes
View: Neighborhood
Property Information
Structure Type: House
Levels: Two
Building Information
Building Area Total: 2,042
Financial
Tax Information
Parcel Number: 21646600
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Location
School Information
Elementary School: Glendover
Middle Or Junior School: Morton
High School: Lafayette
High School District: Fayette County - 1
Location Information
County Or Parish: Fayette
Directions: From Nicholasville Road, turn onto Southland Drive. Then turn left onto Rainbow Road. The house will be on the right.
Subdivision Name: Southland
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,070
Stories: 1.0
Lot Size: 10,552 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Fayette County
APN: 21646600
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Contingency: Contingent
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 • 1.1mi
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
71
85
66
81
61
70
49
57
41
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$414,000 – $501,000
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