Colorado Springs Homes under $700,000

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, rich history, and thriving community, Colorado Springs offers a unique blend of urban amenities and outdoor adventure, making it a perfect place to call home.

For those seeking a charming abode without breaking the bank, the Colorado Springs real estate market boasts a variety of homes priced under $700,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you’ll find an array of options that cater to diverse lifestyles and preferences. From cozy single-family homes in family-friendly neighborhoods to modern townhouses with breathtaking views, there’s something for everyone.

Imagine enjoying weekends exploring the iconic Garden of the Gods, hiking through the picturesque trails of Pikes Peak, or indulging in the vibrant local dining scene. Colorado Springs is not just a place to live; it’s a lifestyle that embraces both adventure and tranquility. The community is known for its friendly atmosphere, excellent schools, and a plethora of parks and recreational facilities, making it an ideal setting for families and individuals alike.

With a robust real estate market offering homes under $700,000, now is the perfect time to discover your dream home in Colorado Springs. Embrace the opportunity to live in a city where the beauty of nature meets the warmth of community. Explore the available listings today and take the first step toward making Colorado Springs your new home!

Newest Colorado Springs Homes under $700,000

$199,000

2 Beds ⋅ 1 Baths ⋅ 3841706 MLS

**A Diamond in the Rough: Your Next Grand Design Awaits!** Welcome to where history meets opportunity! This charming 1898 ranch-style home, nestled in the heart of Colorado Springs, offers 1,112 square feet of potential across 2 cozy bedrooms and a bathroom that's seen more history than your grandma's diary. LOCATION, LOCATION, LOCATION: Situated just a stone's throw from downtown, you'll have easy access to local eateries, shops, and the vibrant culture of Colorado Springs. CHARACTER GALORE: Original hardwood floors that have stood the test of time (and probably a few dance parties). MODERN TOUCHES: A recently updated kitchen equipped with stainless steel appliances, ready for your culinary adventures or midnight snack raids. OUTDOOR OASIS: A nicely landscaped, low-maintenance backyard perfect for BBQs, stargazing, or practicing your yoga poses without an audience. ZONED for Commercial or Residential Looking for your next flip!?! or Minor redevelopment?!?

426 E Bijou St, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . mike@kenneyandcompany.com,719-550-1515

$590,000

4 Beds ⋅ 2 Baths ⋅ 7527652 MLS

Sunny and Bright, Immaculate and completely remodeled Charmer near Downtown. Four bedrooms and two Bathrooms, Large Living Room/Dining Room combination with gleaming wood floors and lots of natural light pouring in through South-facing windows that have all been refurbished to pristine condition. Come sit awhile on the cutest front porch swing ever while the stress of the day just melts away. Relax on the very large rear deck in the park-like private back yard, under the most glorious shade tree in the neighborhood. There is room for all the toys including off street parking for an RV as well as parking and /or workshop space in the oversized 2 car detached garage with 10 foot clearance, plus a smaller 1 car detached garage, and a good storage shed. The Coffee Bar and Buffet area off the Kitchen features great storage and beautiful Rain Forest Green marble counter tops that make waking up in the morning something to look forward to. Charm and pristine workmanship make this the Perfect new address to call Home.

514 Custer Ave, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . stephen@kenneyandcompany.com,719-661-4579

$690,000

8 Beds ⋅ 4 Baths ⋅ 3703452 MLS

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

33 University Dr, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

$423,900

4 Beds ⋅ 3 Baths ⋅ 5285037 MLS

PRICE REDUCTION! Nestled on a peaceful cul-de-sac in the desirable Constitution Hills neighborhood, this beautifully updated two-story home offers the perfect blend of comfort, convenience, and breathtaking Colorado views! Step inside to soaring vaulted ceilings,newer plush carpeting, fresh interior paint, and a warm inviting living room, complete with a fireplace that creates an open and welcoming living space. The updated kitchen features new stainless steel appliances, including a new microwave. There is ample cabinet and countertop space, for your cooking needs. Luxury vinyl plank flooring is all throughout the main level. Enjoy your morning coffee or evening sunsets from the adjoining deck while taking in panoramic views of the Front Range and Pikes Peak. The views are one of the amazing highlights of this home. The main-level primary bedroom offers convenient one-level living with an adjacent full bath. Upstairs, you’ll find a versatile loft, two spacious secondary bedrooms, a full bathroom, and a flexible space that could easily be converted into an additional laundry area. The finished basement provides the perfect space for a family room, guest suite, or fourth bedroom and includes an adjacent bathroom, oversized closet, and laundry room with a new washer and dryer included. There is also the ability to add a second set of washer and dryer in the upper level! Outside, the HUGE private backyard is surrounded by mature pine trees and a beautiful Silver Maple, creating a peaceful retreat for relaxing or entertaining. There has been outdoor lighting added for great ambiance on the back deck where the patio furniture is included. Additional updates include a newer furnace (2016), central air conditioning, and water heater. With stunning mountain views, thoughtful updates, vaulted ceilings, and a tranquil setting just minutes from shopping, dining, schools, and military installations, this move-in-ready home is one you won’t want to miss!!

1510 Leoti Dr, Colorado Springs

Courtesy of Keller Williams Integrity Real Estate LLC . berzins.michelle@gmail.com,720-838-3765

$499,999

4 Beds ⋅ 3 Baths ⋅ 8185967 MLS

Welcome to 1112 Auburn Drive, a beautifully updated home in the heart of Colorado Springs with exceptional access to Downtown Colorado Springs, Fort Carson, Peterson Space Force Base, shopping, dining, parks, schools, and major commuter routes. This well-maintained home has been extensively updated from 2018-2026. Features include waterproof luxury vinyl flooring throughout most living areas and bedrooms, ceramic tile in the laundry room and ¾ bath, fresh interior paint, ceilings, trim, baseboards, interior doors, and modern lighting. The remodeled kitchen offers granite countertops, an updated sink and faucet, stainless Samsung appliances (2019), and French doors opening to the great room. Bathrooms feature new vanities, sinks, faucets, toilets, tile shower surrounds, mirrors, shower doors, and fixtures. Additional interior improvements include an electric fireplace in the great room, a family room fireplace with a new mantle, replaced stair railings, flooring on all three staircases, smoke and CO detectors, exhaust fans, plus vents, outlets, switches, hardware, and brushed nickel finishes throughout. Outside, enjoy dedicated RV parking, multiple storage buildings, and exterior improvements including a Class 4 impact-resistant roof (2018), exterior paint, a new front door with a security screen, replaced patio doors leading to the backyard, brick walkways, landscaping, security lighting, and updated fencing and front porch pillars. Storage options include a 10' x 10' shed with electricity, a loft, and carpeting; a 10' x 12' insulated shed with interior lighting, plywood walls, and transferable warranty coverage; plus a 4' x 6' garden tool shed added in 2023. Major mechanical updates include a furnace with Digi-Motor (2019), AC compressor and motor (2023), and garage door opener (2020). Move-in ready, this home combines extensive updates with a central Colorado Springs location.

1112 Auburn Dr, Colorado Springs

Courtesy of Real Broker, LLC DBA Real . Daniel@719PCSTeam.com,719-900-6998

$619,000

4 Beds ⋅ 3 Baths ⋅ 4423526 MLS

The Black Forest Lifestyle You've Been Looking For; Land, Views, Shop, & Unlimited Potential. Some properties are all about the house, others are about the lifestyle. The true value of this property lies in the land, the setting, the views, and the opportunity to create something uniquely your own & enjoy the freedom from restrictive covenants. Located in the heart of Black Forest, this property offers the country lifestyle that so many buyers seek. Surrounded by mature pines and open space, you'll enjoy the peace, privacy, and freedom that come with owning land, while remaining within a convenient drive of Colorado Springs, shopping, dining, schools, entertainment, and everyday amenities. With paved road access, you'll enjoy easy year-round travel without giving up the rural lifestyle that makes this area so desirable. The acreage provides room to breathe, room to roam, and room to build the lifestyle you've envisioned. Whether your goals include horses, recreational vehicles, gardening, a home-based business, or simply enjoying the outdoors, this property offers the flexibility to make it happen. Stunning views of Pikes Peak and the Front Range serve as a daily reminder of why people choose to call Black Forest home. One of the property's standout features is the shop/workshop. For those who need space to work, create, store equipment, pursue hobbies, or run a small business. Combined with the acreage, it creates a property that offers both lifestyle and practical utility. The home itself presents an opportunity for someone to create their own vision. This raised ranch home has main level living with a walk-out basement with the possibility to be used for entertaining or multi-generational living. Buyers who understand the value of location, land, views, and infrastructure will recognize the potential that exists here. This may be exactly the opportunity you've been waiting for. Come experience the setting, walk the land, and imagine the possibilities!

14390 Herring Rd, Colorado Springs

Courtesy of Colorado lifestyle Properties . longhornofcolorado@yahoo.com,719-649-4515

$599,000

5496417 MLS

2625 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2625 Uintah as follows: A $1200 (11/30/2026), B $1250 (6/30/2027), C $1250 (7/31/2026), D $1200 (5/31/2026). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2625 and 2627 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2625 Uintah, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

$397,500

2 Beds ⋅ 1 Baths ⋅ 4084465 MLS

Beautifully renovated 1920s bungalow seamlessly blends timeless charm with modern updates and showcases true pride of ownership inside and out. Perfectly situated across from Boulder Park, the fully fenced yard offers privacy and a welcoming covered front porch—an ideal spot to relax and enjoy the view. Step inside to discover beautifully refinished original hardwood floors, high ceilings, wide trim, a classic built-in hutch, and an inviting open floor plan filled with abundant natural light. Every detail has been thoughtfully updated, including new interior and exterior paint, new doors, and ceiling fans, while preserving the home's historic character. The spacious living room flows effortlessly into the dining area, creating an ideal space for everyday living and entertaining. The remodeled kitchen features updated cabinetry, granite countertops, a custom tile backsplash, stainless steel appliances, a gas range, overhead microwave, modern fixtures and hardware, plus a convenient coffee bar area with additional storage. The home offers two bedrooms and a beautifully updated full bathroom complete with a new vanity, mirror, fixtures, a large soaking tub, and custom tile surround. The large unfinished basement provides excellent storage and offers endless possibilities for future expansion. A new glass door leads to the backyard retreat featuring a wood deck, patio, and custom-built planter walls—perfect for outdoor entertaining or enjoying your private outdoor oasis. Completing the property is a detached two-car garage with convenient alley access. The home has updated exterior siding, fully landscpaed, and front sprinkler system. This move-in-ready gem combines historic character, thoughtful updates. Property is zoned R-2 and conveniently located to the park, hosptial, downtown, local coffee shops, local restaurants, and the exceptional walkablity. Some upgrades include, water heater 2023, roof 2021, electrical 2012, landscpaing, kitchen, bath, and exterior.

1315 E Boulder St, Colorado Springs

Courtesy of Walston Group Real Estate . jennifer@walstongroup.com,719-290-6757

$375,000

3 Beds ⋅ 2 Baths ⋅ 9728649 MLS

Located just minutes from the heart of downtown Colorado Springs, this 3-bedroom, 2-bath home offers a unique combination of character, flexibility, and value. Recent exterior improvements, including fresh paint and refreshed landscaping, further enhance the property's appeal. Inside, original hardwood floors, built-ins, and classic architectural details reflect the home's historic character, while thoughtful improvements provide modern comfort. The main kitchen features updated cabinetry and stainless steel appliances, and both bathrooms include more current finishes. A standout feature is the flexible layout, including a second kitchen and separate access to the upper level. Whether you're looking for space for multi-generational living, guests, a home office setup, or potential income-producing use, this home offers a variety of possibilities. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines throughout, and a replaced sewer line to the city main—providing added confidence that many of the major components have already been addressed. Additional highlights include dedicated off-street parking, an enclosed front sunroom, a spacious backyard with concrete patio and fire-pit area, and a highly walkable location near the revitalized south end of downtown and the downtown core.

312 E Cimarron St, Colorado Springs

Courtesy of Walston Group Real Estate . janelle@walstongroup.com,719-477-1410

$599,000

6880991 MLS

2627 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2627 and 2625 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2627 E Uintah, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

$485,000

4 Beds ⋅ 2 Baths ⋅ 2427801 MLS

Nestled away in a desirable neighborhood, this westside duplex has everything from breathtaking mountain views to the convenience of a short walk to Old Colorado City. The property has a newer roof (2022), new electrical panels (2023), new deck (2023), new full size a/c condensers for each unit (2023), New furnaces for each unit (2023), and a large new exterior shed for extra storage. The upper and lower unit have nearly identical floorplans. 4 primary suites!!! Each bedroom has a walk in closet and bathroom. The upper unit has newer appliances, quartz countertops and is vacant for househacking and owner occupancy. Offset your mortgage with the bottom unit's rent! Each unit also has 2 off street parking spots. The property is located close to I25, Old Colorado City, Downtown Colorado Springs, Manitou, Grocery stores, shops, parks and more. Everything you need is a short drive away! Don't miss this incredible deal on a well kept investment property!

2516 Glen View Ave, Colorado Springs

Courtesy of Max Ferguson . max@maxrealtyco.com,719-640-1980

$459,999

3 Beds ⋅ 3 Baths ⋅ 1592652 MLS

Welcome home to this beautifully maintained two-story residence offering the perfect blend of modern comfort, functional living, and inviting spaces designed for everyday life. The open-concept main level is ideal for both entertaining and daily living, featuring a private office with French doors just off the entry, perfect for working from home or creating a quiet flex space. The spacious living room flows seamlessly into the dining area and well-appointed kitchen featuring stainless steel appliances, abundant cabinetry, generous counter space, a pantry, and a large center island that serves as the heart of the home. Whether hosting family and friends or enjoying a quiet evening at home, this thoughtfully designed layout offers comfort and functionality. A convenient main-level powder bath completes the first floor. Upstairs, retreat to the expansive primary suite complete with a large walk-in closet and an en-suite bath featuring dual vanities and a spacious walk-in shower. The upper level also offers generously sized secondary bedrooms, a full bathroom, and a conveniently located laundry room, making everyday living both comfortable and efficient. Step outside to a backyard thoughtfully designed for outdoor living, featuring a low-maintenance vinyl privacy fence, oversized concrete patio, covered pergola, low-maintenance artificial turf, and a dedicated play area that offers plenty of space to relax, entertain, and enjoy Colorado's beautiful weather. A welcoming covered front porch enhances the home's curb appeal, while the convenient location provides easy access to Fort Carson, Peterson Space Force Base, Schriever Space Force Base, schools, shopping, dining, parks, walking trails, and major commuter routes. Offering a thoughtful floor plan, inviting indoor and outdoor living spaces, and an exceptional location, this home is ready for its next owners to enjoy.

10857 Hidden Prairie Pkwy, Fountain

Courtesy of Real Broker, LLC DBA Real . Daniel@719PCSTeam.com,719-900-6998

Start Your Search

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Megastar Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions