$ 250,000 $ 249,000 0.4%

520 Prairie RD

Colorado Springs, CO 80909

  • 2 Beds
  • 1 Bath
    Full Baths: 1
  • 744 SqFt
  • 7,405 Lot Size
  • 1947 Year Built
Highlights: ~ One Year, 1% Rate Discount Option with Preferred Lender ~ FHA Assumable Mortgage at 3.375% Rate Option Endless Possibilities on a Spacious Lot! This charming 2-bedroom, 1-bath ranch home sits on a generous .17-acre lot, offering a wealth of opportunities for homeowners and investors alike. The home features updated vinyl windows that fill the space with natural light, a functional layout for comfortable living, and a bathroom accessible from both the laundry room and primary bedroom. Outside, the oversized lot provides ample space for RV parking, a firepit area, and future improvements—all with the freedom of no HOA restrictions. A detached two-car garage with an attached workshop adds even more versatility, whether for storage, hobbies, or potential expansion. Alley access at the rear of the property enhances convenience and flexibility for future projects. Located within walking distance to schools, restaurants, Memorial Hospital and the Olympic Training Center, and with easy access to public transportation, this home is perfectly positioned for both daily living and investment potential. The zoning also allows for future expansion options, including the possibility of adding an Accessory Dwelling Unit (ADU) or more.? Don't miss out on this rare opportunity to own a property with space to grow and options to explore. Schedule your showing today!
Listed by eXp Realty, LLC , Sold By NON MLS PARTICIPANT

PROPERTY DETAIL

  • Key Details

    Sold Price $250,0000.4%

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 744 sqft

    Price per Sqft $336

    Subdivision Jr Marks

    MLS Listing ID 4183264

    Sold Date 09/09/25

    Style Bungalow

    Bedrooms 2

    Full Baths 1

    HOA Y/N No

    Abv Grd Liv Area 744

    Year Built 1947

    Annual Tax Amount $677

    Tax Year 2023

    Lot Size 7,405 Sqft

    Acres 0.17

    Property Sub-Type Single Family Residence

    Source recolorado

  • Location

    State CO

    County El Paso

    Zoning R5

  • Rooms

    Basement Sump Pump

    Main Level Bedrooms 2

  • Building

    Lot Description Near Public Transit

    Foundation Slab

    Sewer Public Sewer

    Water Public

    Level or Stories One

    Structure Type Frame,Stucco

  • Interior

    Interior Features Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Laminate Counters, No Stairs, Open Floorplan, Primary Suite

    Heating Natural Gas

    Cooling Air Conditioning-Room

    Flooring Concrete, Tile

    Fireplace N

    Appliance Dryer, Refrigerator, Sump Pump, Washer

    Laundry In Unit

  • Exterior

    Exterior Feature Fire Pit

    Parking Features Gravel

    Garage Spaces 2.0

    Fence Partial

    Utilities Available Cable Available, Electricity Available, Phone Available

    View Mountain(s)

    Roof Type Shingle

    Total Parking Spaces 5

    Garage No

  • Schools

    Elementary Schools Queen Palmer

    Middle Schools Galileo

    High Schools Palmer

    School District Colorado Springs 11

  • Others

    Senior Community No

    Ownership Individual

    Acceptable Financing Cash, Conventional, Qualified Assumption

    Listing Terms Cash, Conventional, Qualified Assumption

    Special Listing Condition None

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CONTACT

Dianne Schell
Dianne Schell

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