520 Prairie Road
Colorado Springs, CO 80909
- 2 beds
- 1 bath
- 744 sqft
- 7,405 sqft lot
- $375 per sqft
- 1947 build
- – on site
ASSUME THIS MORTGAGE at a 3.375% rate! 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!
Last checked:
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Last updated Apr 6, 2025
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MLS# 4183264 —
This home is listed in more than one place. See it here, and here.
The Building
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Year Built:1947
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Direction Faces:East
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Architectural Style:Bungalow
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Construction Materials:Frame, Stucco
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Structure Type:House
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Exterior Features:Fire Pit
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Patio And Porch Features:Covered
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Window Features:Storm Window(s), Window Coverings
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Security Features:Video Doorbell
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Roof:Architecural Shingle
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Common Walls:No Common Walls
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Basement:false
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Levels:One
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Foundation Details:Slab
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Green Energy Efficient:Windows
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Building Area Total:744
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Building Area Source:Public Records
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Above Grade Finished Area:744
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Property Attached:false
Interior
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Interior Features:Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Laminate Counters, No Stairs, Open Floorplan, Primary Suite
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Furnished:Unfurnished
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Flooring:Concrete, Tile
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Laundry Features:In Unit
Room Dimensions
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Living Area:744
Location
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Directions:Take Union Blvd South. Turn east on Willamette Ave. Turn Right on Prairie Rd and house is on your right.
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Latitude:38.84033401
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Longitude:-104.78759786
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:64093-35-007
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Property Condition:Fixer
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Zoning:R5
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Lot Features:Near Public Transit
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Lot Size Area:0.17
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Lot Size Acres:0.17
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Lot Size SqFt:7405.2
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Lot Size Units:Acres
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Exclusions:Personal Property, TV, Brass Bell on front porch
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View:Mountain(s)
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Fencing:Partial
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Agent phone:
- (720) 545-5326
- Office phone:
- (888) 440-2724
Taxes
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Tax Year:2023
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Tax Annual Amount:677
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Tax Legal Description:LOT 17 BLK 25 J R MARKS RESUB OF BLKS 16, 25, 26 KNOB HILL ADD COLO SPGS
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Natural Gas
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Cooling:Air Conditioning-Room
Utilities
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Utilities:Cable Available, Electricity Available, Phone Available
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Sewer:Public Sewer
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Water Included:Yes
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Water Source:Public
Appliances
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Appliances:Dryer, Refrigerator, Sump Pump, Washer
Schools
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Elementary School:Queen Palmer
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Galileo
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Middle Or Junior School District:Colorado Springs 11
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High School:Palmer
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High School District:Colorado Springs 11
The Community
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Subdivision Name:JR Marks
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Senior Community:false
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Association:false
Parking
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Parking Total:5
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Parking Features:Driveway-Gravel
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Attached Garage:false
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Garage Spaces:2
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RV Spaces:1
Monthly cost estimate
Asking price
$279,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,493
|
| Taxes | $56 |
| Insurance | $76 |
| Utilities | $138 See report |
| Total | $1,763/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
