Metro Denver Luxury Homes For Sale

Property Description

PRICE REDUCED! INCREDIBLE INVESTMENT OPPORTUNITY!

This property offers exceptional potential for the right buyer. With vision and renovation, it could be transformed into a charming single-family home surrounded by nature. The lot features mature trees, natural rock formations, and lush landscaping that create a serene, mountain-like atmosphere. Previous plans included adding koi ponds throughout the property—an idea that could easily be revived to create a stunning garden retreat.

For developers, the possibilities are even greater. The seller has consulted with the city and was informed that this one-third-acre lot may be suitable for two duplexes and two ADU structures (buyer to verify all information and perform their own due diligence).

The owner is open to owner-carry financing but prefers an outright sale.

Discover the potential this unique property holds—whether as a private sanctuary or a smart investment project!

Features
: Forced Air
: None
: Partial, Unfinished, Exterior Entry
: Full
: 5
: Unfurnished
: Bungalow
: 220 Volts
: Shingle
: Public Sewer
Address Map
CO
El Paso
Colorado Springs
80909
Hills
705
Road
W105° 13' 3.9''
N38° 50' 32.9''
E
Additional Information
: Frame, Block
East
Follow GPS. I25 to Unita.
: 110V
Queen Palmer
: Barbecue, Private Yard
: Wood
2
Palmer
Yes
Yes
1031 Exchange, Cash, Conventional, Owner Will Carry
: Many Trees
Galileo
Home Smart
64094-07-024
: None
: House
Reeves
$919
2024
: Electricity Available, Phone Available, Electricity Connected
R-2
07/03/2025
1092
Active
Live/Work
Colorado Springs 11
1
Block
Colorado Springs 11
10/08/2025
07/03/2025
Private
: One

Reeves

705 E Hills Road, Colorado Springs, CO 80909

2 Bedrooms
1 Total Baths
624 Square Feet
$320,000
Listing ID #5562861
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 5562861
Price : $320,000
Bedrooms : 2
Rooms : 5
Total Baths : 1
Full Bathrooms : 1
Square Footage : 624 Square Feet
Year Built : 1946
Lot Area : 0.35 Acres
Lot Acres : 0.35
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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