Metro Denver Luxury Homes For Sale

Property Description

Incredible Potential with R5 Zoning – A Rare Opportunity! Discover the endless possibilities of this 2-bedroom, 1-bath ranch home, perfectly situated on a spacious .17-acre lot with highly desirable R5 zoning, allowing for multi-unit high development. Whether you are an investor seeking your next project or a homeowner looking to maximize your property’s potential, this property is a true gem. The cozy home features updated vinyl windows, allowing for plenty of natural light, and a functional layout designed for comfortable living. The bathroom is conveniently accessible from both the laundry room and the primary bedroom. Step outside to an oversized lot with room for RV parking, a firepit area, and endless opportunities for landscaping or additional improvements—all with the freedom of no HOA restrictions. At the rear of the lot, you’ll find a detached two-car garage with an attached workshop, offering a perfect space for hobbies or storage. The alley access provides added convenience and flexibility for future uses. Located in a prime area within walking distance to schools, restaurants, and the Olympic Training Center, this property boasts accessibility to everything you need. Additionally, its proximity to public transportation makes it an excellent choice for commuters or tenants. The R5 zoning opens the door to a multitude of possibilities, including creating a multi-unit development or adding an accessory dwelling unit (ADU) to generate additional income. Opportunities like this don’t come around often! Whether you’re envisioning a single-family home with space to grow or a multi-unit income-generating property, this home is ready for your vision. With its unbeatable location, zoning flexibility, and thoughtful features, it’s a must-see for anyone looking to invest in the future. Don’t let this opportunity pass you by—schedule your showing today and explore everything this property has to offer!

Features
: Natural Gas
: Air Conditioning-Room
: Sump Pump
: Partial
: Mountain(s)
: Video Doorbell
: Covered
: 5
: Unfurnished
: Dryer, Refrigerator, Washer, Sump Pump
: Bungalow
: Driveway-Gravel
: Architecural Shingle
: Public Sewer
Address Map
CO
El Paso
Colorado Springs
80909
Prairie
520
Road
W105° 12' 44.6''
N38° 50' 25.2''
Additional Information
: Frame, Stucco
East
Take Union Blvd South. Turn east on Willamette Ave. Turn Right on Prairie Rd and house is on your right.
Queen Palmer
: Fire Pit
: Tile, Concrete
2
Palmer
: Open Floorplan, Eat-in Kitchen, Ceiling Fan(s), Laminate Counters, Primary Suite, No Stairs, Jack & Jill Bathroom
Yes
Yes
Cash, Conventional
: Near Public Transit
Galileo
eXp Realty, LLC
64093-35-007
: None
: House
JR Marks
$677
2023
: Cable Available, Electricity Available, Phone Available
: Window Coverings, Storm Window(s)
R5
01/24/2025
: Windows
744
Active
Colorado Springs 11
Slab
Colorado Springs 11
In Unit
Colorado Springs 11
01/24/2025
01/24/2025
Public
: One

JR Marks

520 Prairie Road, Colorado Springs, CO 80909

2 Bedrooms
1 Total Baths
744 Square Feet
$300,000
Listing ID #4183264
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 4183264
Price : $300,000
Bedrooms : 2
Rooms : 6
Total Baths : 1
Full Bathrooms : 1
Square Footage : 744 Square Feet
Year Built : 1947
Lot Area : 0.17 Acres
Lot Acres : 0.17
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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