Why Live in Rainbow Ridge
Rainbow Ridge in Arvada offers residents a suburban lifestyle with convenient access to various amenities. The neighborhood features a mix of homes, including traditional houses with Craftsman influences from the 2000s and older brick ranch styles and split levels from the 1970s. Sidewalk-lined streets and grassy lawns with small bushes and trees characterize the area. The Jefferson County School District serves the community, with highly rated schools such as Vanderhoof Elementary School, Drake Middle School, and Arvada West High School. For things to do, residents can visit Olde Town Arvada, located about 4 miles away, which boasts independent businesses like The Bluegrass Coffee & Bourbon Lounge and The Arvada Tavern. The Stenger Sports Complex, adjacent to the neighborhood, hosts various community events, including the annual Fourth of July fireworks display. Outdoor enthusiasts can enjoy the Van Bibber Creek Trail, connecting the sports complex to Rainbow Ridge Playground and Van Bibber Park. Essential services are conveniently located, with King Soopers 2 miles away and major retailers like Target and Walmart within 1 mile. The neighborhood is safer than the national average, providing a low crime risk environment. Commuters benefit from proximity to the Arvada Ridge Station light rail, less than 1 mile away, offering a 75-minute ride to Denver, and Denver International Airport is about 29 miles away.
Home Trends in Rainbow Ridge, CO
On average, homes in Rainbow Ridge, Arvada sell after 31 days on the market compared to the national average of 51 days. The median sale price for homes in Rainbow Ridge, Arvada over the last 12 months is $790,000, up 48% from the median home sale price over the previous 12 months.
Median Sale Price
$790,000
Median Single Family Sale Price
$885,000
Median Townhouse Sale Price
$431,500
Median 2 Bedroom Sale Price
$457,000
Median 1 Bedroom Sale Price
$340,750
Average Price Per Sq Ft
$318
Number of Homes for Sale
6
Last 12 months Home Sales
42
Median List Price
$792,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
48%