Woodland Park Real Estate Search

Welcome to Rainbow Valley

Rainbow Valley is a covenant-protected community tucked away on the western slope of Pikes Peak, located south of Divide off Highway 67 going towards Cripple Creek. The winding roads through its 540 lots are maintained by Teller County. The community sits on both sides of Highway 67. The community is made up of year-round residents and vacationers/vacation homes. Most of the homes are tucked here and there, up and down the winding roads...some with extraordinary views! The commute to Colorado Springs would be approximately 40 minutes. 

This community is unique in that most of the properties are on a community water system (cisterns) which means water delivery is available for all property owners through Rainbow Valley Water District. You may reach them at rainbowvalleywaterdistrict@yahoo.com.  Septic systems will be required.

Membership into the Rainbow Valley Homeowner's Association is mandatory. Dues are $30/year. 

No horses allowed.


RAINBOW VALLEY COVENANTS, PROPOSED AMENDED COVENANTS (may or may not have been adopted as of this posting)




Rainbow Valley Homes & Land for Sale

Active Status
188 Timber Ridge Rd and 198 Timber Ridge Rd are two adjacent lots being sold together via online auction with reserve. The listing price is the initial bid price. Located near the scenic and peaceful town of Divide, CO, these lots are nestled in a tranquil wooded area, providing a serene and natural setting that is perfect for those who enjoy the outdoors. Both lots together make 1.17 acres total. 188 Timber Ridge Rd is a spacious lot measuring approximately .52 acres, offering ample space for a single-family home, outdoor recreation, and more. The lot boasts a gentle slope, providing an excellent opportunity for creative landscaping and the construction of a beautiful home with scenic views. 198 Timber Ridge Rd is a slightly larger lot, measuring approximately .65 acres. This lot also features a gentle slope, providing the opportunity for creative landscaping and stunning views of the surrounding landscape. With plenty of space for a home and outdoor recreation, this lot offers the perfect balance of privacy and convenience. Both lots are located in the peaceful and welcoming community of Rainbow Valley, with friendly neighbors and a strong sense of community spirit. The town of Divide is known for its stunning natural beauty, with breathtaking mountain vistas and a wide range of outdoor recreational opportunities. Whether you enjoy hiking, skiing, fishing, or simply taking in the beauty of nature, these lots offer the perfect opportunity to enjoy all that this wonderful area has to offer.

188 Timber Ridge Road, Divide

Listing courtesy of United Country Timberline Realty Inc.

4 Beds 3 Baths 2,222 SqFt. Active Status
Time to get away to the Central Colorado mountains. This Cedar-sided cabin is located in a beautiful setting nestled in a valley with pines, aspens and mountain views. Imagine soaking in the sun on your front deck, and sitting around your stone fireplace during the snowy evenings of winter. The Pikes Peak views will amaze you forever. The cabin has recently had several systems updated - including the entire plumbing system, and updated heating system. The amazing features: floor to ceiling stone fireplace, vaulted ceilings, wood floors, floor to ceiling windows, four bedrooms, three bathroom are all the building blocks to make this cabin everything that you have been looking for at a reasonable cost. At this reasonable price point: you only need to add some sweat equity and you could create an amazing VRBO, family getaway or full time home. Plus, you will only be 45 quick minutes to the Colorado Springs Airport, and 90 minutes to world class skiing in Breckinridge, and all of Summit County. During the summer, all the amazing outdoor activities that the Colorado lifestyle has to offer are all within minutes of our your new getaway. The possibilities are endless: Hike in the Dome Rock Wildness Area, Fish on the Dream Stream, Go tubbing on the South Platte, Go Boating on Eleven Mile Reservoir. Don't wait to come see this cabin today.

35 Horseshoe Drive, Divide

Listing courtesy of United Country Timberline Realty Inc.

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