SELLER OFFERING $10,000 IN CONCESSIONS! Discover an affordable opportunity to own a charming 2-bedroom home in the desirable Broadmoor/Cheyenne Mountain area of Colorado Springs! Nestled among mature trees in a peaceful, wooded setting, this home combines foothills charm with convenient, low-maintenance living. The seller is offering $10,000 in concessions to help buyers personalize the property, with potential uses including an electrical panel upgrade, installation of laundry hookups and a washer/dryer, or other allowable buyer expenses, subject to lender approval. Located in highly regarded Cheyenne Mountain School District 12, just minutes from The Broadmoor, North Cheyenne Cañon Park, scenic hiking trails, shopping and dining. Inside, enjoy luxury vinyl plank flooring, neutral finishes and a comfortable, functional floor plan. Additional features include two designated parking spaces, a storage shed and a roof replaced in 2021. Low monthly HOA dues cover water, sewer, trash removal, grounds maintenance, management and snow removal, making ownership especially convenient. Originally part of a community used for Broadmoor staff housing, this property offers a unique piece of Colorado Springs history. Whether you're seeking a primary residence, a Colorado getaway or an investment opportunity, this charming home offers flexibility, character and an exceptional location. Take advantage of the $10,000 seller concession and make this foothills retreat your own!
Single-familyProperty Type
1924Year Built
$406Price/Sq.Ft.
$70/moHOA Dues
2 spacesParking
Listed by Gytha Hinkle• Keller Williams Clients Choice Realty
Broadmoor, located between Cheyenne Mountain and Downtown Colorado Springs, is a residential and resort-adjacent Colorado Springs neighborhood with winding hillside streets and landmark golf greens. The neighborhood’s character concentrates around Lake Avenue and Lake Circle, where manicured grounds, carriage-style drives, and quiet patios set a measured pace. The Broadmoor Hotel anchors the area with its lakeside promenade and long-running cultural calendar. The Broadmoor World Arena adds big-event energy on the north edge. Architecture leans Tudor Revival, mid-century ranch, and mountain contemporary, often framed by mature trees and stonework. Trails and open space link daily routines to Cheyenne Mountain’s foothills.
Provided by Walk Score and Local Logic
Offer insights
1531 W Cheyenne Rd · $239,000
$239K and above
75% chance or better to win
Why $239K+ is a strong offer
DAYS ON MARKET
92 days
The average home goes pending in 60 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Range
Refrigerator
Bedrooms
Two bedrooms on the main level (approximately 9' x 9' and 9' x 8')
Bathrooms
One full bathroom on the main level
Kitchen
Range
Refrigerator
Heating & cooling
Forced air heating
Exterior features
Composition roof
R-2 HS zoning
Home design
Single-family residence
One story
Property is unattached
Owned by a corporation/trust
Parking
Two off-street parking spaces (total parking: 2)
Construction
Frame construction
Utilities
Public water
Community/public sewer
HOA & community
Has association: Canon Creek Village Condominium Association (self-managed)
Monthly association fee of $70 (includes water and sewer)
Electricity and solar
View estimated energy costs and solar savings for this home
SELLER OFFERING $10,000 IN CONCESSIONS! Discover an affordable opportunity to own a charming 2-bedroom home in the desirable Broadmoor/Cheyenne Mountain area of Colorado Springs! Nestled among mature trees in a peaceful, wooded setting, this home combines foothills charm with convenient, low-maintenance living. The seller is offering $10,000 in concessions to help buyers personalize the property, with potential uses including an electrical panel upgrade, installation of laundry hookups and a washer/dryer, or other allowable buyer expenses, subject to lender approval. Located in highly regarded Cheyenne Mountain School District 12, just minutes from The Broadmoor, North Cheyenne Canon Park, scenic hiking trails, shopping and dining. Inside, enjoy luxury vinyl plank flooring, neutral finishes and a comfortable, functional floor plan. Additional features include two designated parking spaces, a storage shed and a roof replaced in 2021. Low monthly HOA dues cover water, sewer, trash removal, grounds maintenance, management and snow removal, making ownership especially convenient. Originally part of a community used for Broadmoor staff housing, this property offers a unique piece of Colorado Springs history. Whether you're seeking a primary residence, a Colorado getaway or an investment opportunity, this charming home offers flexibility, character and an exceptional location. Take advantage of the $10,000 seller concession and make this foothills retreat your own!
elevateMLS #2754886
Sep 27, 2026
Price Changed
$239,000
$406/sq ft
Aug 24, 2026
Price Changed
$249,000
$423/sq ft
Jul 28, 2026
Price Changed
$260,000
$442/sq ft
Jun 25, 2026
Price Changed
$265,000
$451/sq ft
May 8, 2026
Price Changed
$275,000
$468/sq ft
Apr 21, 2026
Listed
$285,000
$485/sq ft
+31
SELLER OFFERING $10,000 IN CONCESSIONS! A rare opportunity to own a home in the desirable Broadmoor/Cheyenne Mountain area! Tucked beneath mature trees in a peaceful, wooded setting, this charming 2-bedroom home offers an appealing option for buyers who value location, simplicity and low-maintenance living. The seller is offering $10,000 in concessions to help buyers make this home their own, with potential uses including an electrical panel upgrade, installation of laundry hookups and a washer/dryer, or other allowable buyer expenses, subject to lender approval. Located in highly regarded Cheyenne Mountain School District 12 and just minutes from The Broadmoor, North Cheyenne Cañon, hiking trails, shopping and dining, the setting feels tucked away while remaining convenient to everything Colorado Springs has to offer. Inside, the home features easy-care luxury vinyl plank flooring, a neutral interior and a comfortable, functional layout. Whether you're looking for a primary residence, a Colorado Springs getaway or an investment opportunity, this home offers flexibility in a truly distinctive setting. Enjoy mature trees, two designated parking spaces and an included storage shed for additional storage. The roof was replaced in 2021 for added peace of mind. Low monthly HOA dues include water, sewer, trash removal, grounds maintenance, management and snow removal. Rich in local history, the homes in this community were once used for Broadmoor staff housing. With $10,000 in seller concessions and an exceptional foothills location, this is a unique opportunity to make this charming property your own!
Public Records
Oct 26, 2005
Sold
$75,000
$128/sq ft
Public Records
Oct 6, 1994
Sold
$42,000
$71/sq ft
Public Records
Nov 1, 1986
Sold
$49,600
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,133 (+48.9%)
$16,990
2024
$761 (+15.0%)
$16,990
2023
$662 (+2.1%)
$3,750 + $11,270
$15,020
2022
$649 (−5.2%)
$1,530 + $7,920
$9,450
2021
$684 (+0.8%)
$1,530 + $7,920
$9,450
2020
$679 (+1.1%)
$1,570 + $8,140
$9,710
2019
$671 (+9.8%)
$1,570 + $7,760
$9,330
2018
$611 (+0.4%)
$1,570 + $7,760
$9,330
2017
$609 (+9.9%)
$1,300 + $7,040
$8,340
2016
$554 (+0.9%)
$1,300 + $7,040
$8,340
2015
$549 (+32.9%)
$1,030 + $6,770
$7,800
2014
$413 (+4.5%)
$1,030 + $6,770
$7,800
2013
$395
$1,030 + $4,830
$5,860
2012
$395 (+0.4%)
$1,030 + $4,830
$5,860
2011
$393 (+3.8%)
$1,030 + $4,830
$5,860
2010
$379 (+0.5%)
$1,030 + $4,830
$5,860
2009
$377
$1,110 + $5,090
$6,200
Public record
Public record
Permits
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
588
Unfinished Sq. Ft.
—
Total Sq. Ft.
588
Year built
1924
Style
Condo/Co-op
County
El Paso County
APN
7435102156
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Oct 6, 2021 • Final
434
Work on a reroof.
Roofing
Jun 21, 2021 • Final
434
Work on siding.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Colorado Springs has so many different neighborhoods and life styles to choose from, with incredible mountain views and plenty to do outdoors. Lets get inside of some houses and see what feels right. I'd love to show you around the Springs. Reach out...