718 Prospect Lake Drive
Colorado Springs, CO 80910
- 4 beds
- 2 baths
- 2,055 sqft
- 5,998 sqft lot
- $206 per sqft
- 1955 build
- – on site
Huge Potential! This home is zoned R-2 and can be used as single family home, use as primary home and rent out basement, duplex rental or airBnB. Home is located directly across beautiful Memorial Park and has lake views. This home has lots of space with 4 bedrooms with finished basement! 1 car enclosed garage with an additional covered car port. Long driveway also has room for recreational vehicle. Fully enclosed in fencing with chain linked fence in front yard and privacy fence in back yard. Main level has 2 living rooms, dining room, kitchen with new tile floors, large pantry, 2 bedrooms with original hardwood floors, full bathroom with new tile floors and 2nd living room has tile floors and wood burning fireplace. Basement has laundry room, large recreation room, 2 bedrooms and 3/4 bathroom. Walk to lake from front yard with your paddle board or kayak! Conveniently located near downtown Colorado Springs with easy access to I-25.
Last checked:
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Last updated Apr 1, 2025
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MLS# 5206724 —
This home is listed in more than one place. See it here, and here.
The Building
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Year Built:1955
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Roof:Composite Shingle
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Siding:Masonite Type
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Structure:Frame
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Floor Plan:Ranch
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Foundation Details:Full Basement
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Patio Description:Covered, Enclosed, Other
Interior
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Interior Features:Skylight (s)
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SqFt Total:2055
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Entry:Wood Laminate
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Floors:Tile, Vinyl/Linoleum, Wood, Wood Laminate
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Fireplace Description:Main Level, One, Wood Burning
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Laundry Facilities:Basement
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Finished Basement %:95
Room Dimensions
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SqFt Main Floor:1245
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Total Basement SqFt:810
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SqFt Finished:2014
Location
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Latitude:38.823095
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Longitude:-104.800639
The Property
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Property Type:Residential
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Property Subtype:Single Family
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Construction Status:Existing Home
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Property Attached:No
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Lot Description:City View, Level, Mountain View, Spring/Pond/Lake
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Lot Size:6000
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Lot Location:Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools
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Lot Size Area:6000.00
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Lot Size Units:SqFt
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Outbuildings:Storage Shed
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Acres Total:0.1377
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Fence:All, Front, Rear
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Driveway:Concrete
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Alley:Gravel
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Landscaped:None
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Miscellaneous:Window Coverings
Listing Agent
- Contact info:
- Agent phone:
- (719) 291-2589
- Office phone:
- (719) 534-7900
Taxes
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Tax Year:2024
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Tax Amount:$1,356.45
Beds
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Bedrooms Total:4
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Main Floor Bedroom:1
Baths
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Total Baths:2
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Full Baths:1
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Three Quarter Baths:1
The Listing
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Telephone
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Water:Municipal
Appliances
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Appliances:Range
Schools
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Elementary:Queen Palmer
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Jr School:Galileo
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High School:Palmer
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School District:Colorado Springs 11
The Community
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Association Fee Frequency:Not Applicable
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HOA Covenants Exist:No
Parking
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Garage Type:Detached
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Garage Remotes:1
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Garage Spaces:1
Monthly cost estimate
Asking price
$425,000
| 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. |
$2,275
|
| Taxes | $113 |
| Insurance | $116 |
| Utilities | $175 See report |
| Total | $2,679/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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/30/25
Mar 30, 2025
|
Listed / Active | PPMLS | $425,000 |
