Colorado Springs Homes under $500,000

Colorado Springs Homes under $500,000

Welcome to Colorado Springs, a vibrant city nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty, this city offers a unique blend of outdoor adventure, rich history, and a thriving community atmosphere. With its picturesque landscapes, including the iconic Pikes Peak and the breathtaking Garden of the Gods, Colorado Springs is a paradise for nature lovers and outdoor enthusiasts alike.

For those seeking to call this enchanting city home, you’ll be delighted to discover a variety of homes available under $500,000. This price range opens the door to a wealth of opportunities, allowing you to find the perfect residence without breaking the bank. Whether you’re looking for a charming single-family home, a cozy townhouse, or a modern condo, Colorado Springs has something to suit every taste and lifestyle.

Imagine waking up to stunning mountain views, enjoying a morning hike in one of the many nearby parks, or exploring the vibrant local arts scene. The city is also home to excellent schools, diverse dining options, and a welcoming community, making it an ideal place for families, young professionals, and retirees alike.

With an array of homes under $500,000, now is the perfect time to explore the possibilities that await you in Colorado Springs. Discover your dream home in this captivating city, where adventure and comfort come together to create a truly remarkable living experience. Your new life in Colorado Springs is just a step away!

Newest Colorado Springs Homes under $500,000

1617 W Cucharras St, Colorado Springs
$325,000
1 Beds ⋅ 1 Baths ⋅ 242555 MLS
Some homes impress you with scale. Others stay with you because they have a soul. This Westside cottage is one of those special homes that invites you to imagine a different kind of life—morning coffee on the covered front porch, windows open to the garden, flowers returning each spring, and evenings tucked into a home whose character has developed for well over a century. Distinctive posts, traditional millwork and architectural details evoke the craftsmanship of the late 1800s. Inside, traditional wood window casings and decorative rosette details create warmth and individuality that cannot be duplicated in new construction. The kitchen features butcher-block countertops, while the updated bathroom offers natural stone slate tile and oil-rubbed bronze fixtures. The gardens feel collected and cared for over time, with peonies, lilacs, lavender, columbine, iris, delphinium, Russian sage, coneflowers, yarrow and other seasonal blooms. The fenced backyard offers raised garden areas and hardscape, while a detached garage provides alley access. Roof replaced 2022; refrigerator and washer/dryer included. Zoned R2. This is Colorado Springs' historic Westside, near Old Colorado City, Garden of the Gods, Red Rock Canyon and Manitou Springs. You aren't simply buying a home. You're becoming part of a little piece of Colorado Springs history—a garden of your own, a porch to come home to, and a home with character, warmth, history and a true sense of place.

1617 W Cucharras St, Colorado Springs
5024 Quarto Ln, Colorado Springs
$309,900
3 Beds ⋅ 3 Baths ⋅ 242509 MLS
Stunningly Upgraded 3-Bedroom, 3-Bathroom Condominium in Pinon Springs. Welcome home to this beautiful 3-bedroom, 3-bathroom condominium offering the perfect blend of modern luxury, comfort, and low-maintenance living. Nestled in a desirable area of Pinon Springs, this exceptional residence has been thoughtfully cared for and has had some great updates. Step inside to discover an open-concept floor plan filled with natural light. The gourmet kitchen is a true showpiece, featuring spacious cabinetry, premium countertops, stainless steel appliances, and an oversized island perfect for entertaining. Similar upgraded features, such as granite countertops, stainless steel appliances, modern flooring, and open-concept living spaces, are highly sought after in Colorado Springs condominiums. The spacious living area creates an inviting atmosphere with elegant finishes and seamless flow to the dining area and open outdoor space. The luxurious primary suite serves as a private retreat, complete with a comfortable en-suite bathroom featuring upgraded fixtures and a generous walk-in closet. Two additional bedrooms and bathrooms provide flexibility for guests, family members, or a home office setup. Additional upgrades include: Newer electrical panel with main circuit upgrade, newer garage door and opener, upgraded insulation in the bedroom walls, living room, dining room, and attic, newer furnace, newer washer and dryer, newer upstairs floor windows, new front and screen doors.

5024 Quarto Ln, Colorado Springs
6350 Emma Ln, Colorado Springs
$460,000
4 Beds ⋅ 3 Baths ⋅ 242040 MLS
Welcome to this beautiful 4-bedroom, 3-bath, two-story home nestled in a quiet cul-de-sac in desirable Stetson Hills! A spacious covered front porch welcomes you inside to soaring vaulted ceilings and abundant natural light in the open family room and formal dining room. Just beyond, you'll find a cozy living room featuring an electric fireplace and walkout to the backyard. From there you'll flow seamlessly into the open kitchen equipped with stainless steel appliances —perfect for everyday living and entertaining. Step outside to enjoy the fully fenced backyard, where you'll appreciate the privacy and expansive open space beyond with direct access to Sand Creek Trail. Upstairs, all four bedrooms provide comfortable living, including a spacious primary retreat complete with a sitting area and a luxurious 5pc ensuite bath and walk in closet. The unfinished basement offers endless potential to customize the space to fit your needs, whether you envision a large recreation room, home gym, additional living area, or extra storage. No HOA. Central Air Conditioning! Combining a peaceful location with close proximity to dining, shopping and entertainment, and a move-in-ready interior, this exceptional home offers the perfect blend of comfort, convenience, and Colorado living.

6350 Emma Ln, Colorado Springs
4123 Palmer Park Blvd, Colorado Springs
$299,900
4 Beds ⋅ 2 Baths ⋅ 241937 MLS
Wonderful home in Austin Estates. Brick ranch style home with 2 main level bedrooms, a hobby room/laundry room, full bathroom, 2, additional bedrooms in basement with a large bathroom, family room, and an attached garage. Good size backyard with a covered patio. So many possibilities with a little love and tlc. Convenient access to shopping, dining, Palmer Park, UCHealth Memorial Hospital, Academy District 11, the Powers Corridor, I-25, Colorado Springs Airport, Peterson Space Force Base, and Fort Carson.

4123 Palmer Park Blvd, Colorado Springs
4790 Justeagen Dr, Colorado Springs
$400,000
3 Beds ⋅ 3 Baths ⋅ 241920 MLS
Fabulous 4-Level home in the Painted Sky at Waterview subdivision! This home has 3 bedrooms, 3 bathrooms, a large tandem, 3 car garage and 2,444 square feet of living space. The kitchen boasts a breakfast bar, oversized window above the sink and a pantry. All appliances are included. The primary bedroom features an adjoining 5-piece bath with a soaker tub, double sink vanity, private toilet and a walk-in closet. The lower level has spacious family /rec room with a 3-panel slider for extra natural light, coat closet by the garage access and bathroom. Sliding door from family room opens to the backyard which includes concrete patio, privacy fencing and landscaping. The laundry room has a folding counter, wire shelving and nice LG washer and dryer are included. Great curb appeal with a lawn and rock landscape design and faux rock accents. This home includes central air conditioning and a pre plumbed unfinished basement! Easy access to Ft. Carson, Amazon, the Airport, Peterson AFB and all the shopping, dining, and entertainment along the Powers Corridor! Schedule your showing today!

4790 Justeagen Dr, Colorado Springs
1118 Maxwell St, Colorado Springs
$399,999
4 Beds ⋅ 2 Baths ⋅ 241882 MLS
Meticulously maintained and move-in ready! This spacious Stratmoore home features 4 bedrooms, 2 full baths, and a flexible layout with 2 bedrooms/1 bath on the main level and 2 bedrooms/1 bath in the finished basement. Enjoy a large privacy-fenced backyard, 2-car garage, and additional off-street parking. Big-ticket items are already updated, including the A/C system, water heater, dishwasher, refrigerator, and water softener/purifier - all only about a year old. Located on a quiet cul-de-sac with quick access to shopping and area military facilities with an assumable loan to qualified buyers. This home combines comfort, convenience, and value.

1118 Maxwell St, Colorado Springs
23735 Fleet St, Colorado Springs
$310,000
3 Beds ⋅ 2 Baths ⋅ 241832 MLS
Charming 3-bedroom, 2-bath split-floor-plan ranch offering comfort, function, and great outdoor living. This well-maintained home features a spacious primary suite, new furnace and central air conditioning units, and a practical layout ideal for everyday living. Outside, you'll find a fully fenced, beautifully maintained yard, a partially enclosed covered patio perfect for year-round enjoyment, a cozy firepit area, and two storage sheds for added convenience. A wonderful blend of indoor comfort and outdoor appeal.

23735 Fleet St, Colorado Springs
4953 Copen Dr, Colorado Springs
$425,000
3 Beds ⋅ 2 Baths ⋅ 241747 MLS
There is something wonderfully inviting about this Stetson Hills home—a sense of privacy, warmth, and possibility that reveals itself the moment you step inside. The four-level design creates distinct yet connected spaces, giving the home a comfortable flow while allowing each area to have a personality of its own. The main level brings together a welcoming living room and kitchen with stone countertops, generous workspace, and direct access to the outdoors. Just a few steps away, the spacious family room creates another comfortable gathering space, while three bedrooms are thoughtfully positioned across the upper and lower levels. The primary bedroom features an adjoining bath with double vanity, and the unfinished basement provides nearly 500 additional square feet ready for storage, hobbies, a workshop, fitness space, or future finishing. But it may be the backyard that steals your heart. Step outside to a covered, lattice-style deck where established grapevines weave their way through the structure, creating a charming garden atmosphere and a wonderful setting for outdoor dining or a quiet evening at home. Beyond the deck, the large, fenced backyard feels private and full of possibility—garden beds, expanded entertaining areas, play space, firepit, or simply room to create an outdoor retreat all your own. The home also offers access to the Powers Corridor with an impressive variety of shopping, restaurants, groceries, services, and entertainment just minutes away.

4953 Copen Dr, Colorado Springs
8219 Grey Bark Way, Colorado Springs
$399,900
3 Beds ⋅ 3 Baths ⋅ 241713 MLS
Welcome home to this beautifully designed 3-bedroom, 2.5-bath townhome offering the perfect blend of comfort, style, and convenience. The inviting open-concept layout features abundant natural light, spacious living areas, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an ideal setting for both everyday living and entertaining. Step outside to the fully landscaped, fenced backyard, offering a private space to relax, entertain, or enjoy Colorado's beautiful seasons. Conveniently located near shopping, dining, parks, and everyday amenities, this home offers the ease of low-maintenance living while providing plenty of space to feel right at home. Come see all this wonderful townhome has to offer!

8219 Grey Bark Way, Colorado Springs
647 Red Cliff Rd, Colorado Springs
$380,000
5 Beds ⋅ 3 Baths ⋅ 241685 MLS
INVESTOR SPECIAL & VALUE-ADD OPPORTUNITY! The list price reflects the condition of the property and the work needed, including known structural and water-intrusion concerns. This spacious 5-bedroom, 3-bath ranch in desirable Cheyenne Hills offers plenty of potential for renovation and value appreciation. Featuring a full finished basement and ample space to bring your vision to life, this property is ideal for an investor, contractor, or experienced buyer looking for a value-add project. Conveniently located near parks, trails, the lake, shopping, I-25, and Fort Carson, this property offers a desirable location with the opportunity to create substantial value. Bring your vision, contractor, and imagination!

647 Red Cliff Rd, Colorado Springs
6282 Anders Rdg, Colorado Springs
$471,000
3 Beds ⋅ 3 Baths ⋅ 241427 MLS
Immaculately maintained & move-in ready, this beautiful two-story home offers 3 bedrooms, 3 bathrooms, a versatile loft, and an attached 2-car garage. The bright, open-concept main level is designed for comfortable everyday living & effortless entertaining, featuring luxury vinyl plank flooring throughout the living room, dining area, kitchen, and convenient powder bath. The stunning kitchen is the heart of the home, showcasing a large center island with breakfast bar, quartz countertops, glazed white cabinetry, stainless steel appliances, and abundant cabinet and counter space. The adjoining dining area opens through an oversized sliding glass door to the fenced backyard, creating the perfect indoor-outdoor living experience. Upstairs, you'll find a spacious loft ideal for a home office, playroom, or second living area, along with the laundry room, two secondary bedrooms, a full bathroom, and the private primary suite. The generous primary retreat features a ceiling fan, walk-in closet, and stylish barn doors that open to the attached en-suite bathroom. The en-suite bath is appointed with dual vanities, Corian countertops, luxury vinyl flooring, and an oversized walk-in shower. Enjoy relaxing on the welcoming covered front porch overlooking the front yard. Additional features include central air conditioning, a radon mitigation system, automatic sprinkler system, and access to a neighborhood park. This exceptionally cared-for home offers modern finishes, functional livin

6282 Anders Rdg, Colorado Springs
2530 E Uintah St, Colorado Springs
$290,000
2 Beds ⋅ 1 Baths ⋅ 241031 MLS
Timeless craftsmanship. Unmatched convenience. A classic Colorado Springs ranch where quality never goes out of style. Some homes simply have a presence the moment you walk through the door. Built during an era when homes were known for their solid construction, thoughtful craftsmanship, enduring design, this beautifully maintained 1953 ranch offers a level of character that is becoming increasingly difficult to find. W/ 1,924 square feet, the home provides the convenience of main-level living, offering added flexibility of a full basement—a rare feature in many homes throughout this established neighborhood. Beautiful hardwood floors grace the main level, reflecting authenticity that has made mid-century ranch homes so beloved for generations. Positioned on an elevated corner lot, enjoy pleasant neighborhood views, mature trees, and a welcoming sense of space. A spacious two-car garage and a brand-new roof installed June 2026 provide both convenience & peace of mind. Location is where this property truly shines. Situated in the heart of Colorado Springs, you're just minutes from UCHealth Memorial Hospital Central, making daily conveniences, healthcare, shopping, dining, and entertainment remarkably accessible. You also have very close access to I-25 just 2 miles away and 3 miles to Powers Blvd. If you've been searching for a home w/ character, substance, one of Colorado Springs' most convenient central locations, this exceptional ranch deserves your attention.

2530 E Uintah St, Colorado Springs
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