For sale

$139,900

Est. $917/mo

Land

•

8,712

sq ft (lot)

1860 Monterey Rd, Colorado Springs, CO 80910

About this home

INVESTORS & BUILDERS—THIS IS THE ONE! Rare infill development opportunity in the heart of the city! This vacant lot is zoned for a 4-plex and is ideally situated between existing multi-family properties, making it a prime location for your next investment project. Opportunities like this are extremely hard to find in an established area with strong rental potential. To help streamline your due diligence, preliminary development information, including proposed site layout and building setback requirements, has already been reviewed and confirmed with PRBD and is available in the attached supplements. Conveniently located, easy to find, and full of potential, this property offers an incredible opportunity to build an income-producing asset in a highly desirable location. Save time, bring your vision, and start planning your next project today—lots with this zoning, location, and development groundwork already in place don't come around often! Don't miss your chance to capitalize on this exceptional opportunity.

Vacant landProperty Type

8,712 sq ftLot Size

$16Price/Sq.Ft.

Listed by Aracely Arvizu • Equity Colorado Real Estate

Contact: homesbyara@gmail.com

Listing updated: Oct 26, 2026 at 05:26pm

Redfin checked: a minute ago

•Source:REColorado as Distributed by MLS Grid #9666057

Listing provided courtesy of Metrolist,Inc. (REColorado)

Payment calculator

$917 per month

Principal and interest$763

Property taxes

$80

HOA dues

Home insurance

$73

Utilities

Add

Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 2PM3D WALKTHROUGH
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5 beds3 baths5,351 sq ft
35 Ravenglass Way, Colorado Springs, CO 80906
0.6 acre lot • 3 garage spots • Built 1990
Michael Kenney • Better Homes & Gardens Real Estate - Kenney & Co.
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$184,000
3 beds1.5 baths995 sq ft
4441 N Carefree Cir, Colorado Springs, CO 80917
$561 HOA • Garage • Community pool
OPEN SAT, 11AM TO 1PM
$249,900
3 beds1 bath1,158 sq ft
1447 River Dr, Fountain, CO 80817
6,884 sq ft lot • 2 garage spots • Built 1971
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
3932 Ryedale Way, Colorado Springs, CO 80922
$519,000
4 beds3.5 baths2,928 sq ft
3932 Ryedale Way, Colorado Springs, CO 80922
6,883 sq ft lot • 2 garage spots • Built 2022
OPEN SAT, 1PM TO 3PM
$454,000
4 beds3 baths1,730 sq ft
5908 Bestview Way, Colorado Springs, CO 80918
8,471 sq ft lot • 2 garage spots • Built 1984
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$499,900
5 beds3 baths3,176 sq ft
10049 Thunderbolt Trl, Colorado Springs, CO 80925
7,686 sq ft lot • 2 garage spots • Built 2016
Jason Daniels • Finch & Gable Real Estate Company
OPEN SUN, 9AM TO 10:30PM3D WALKTHROUGH
$415,000
4 beds3 baths1,954 sq ft
3218 Bell Mountain Dr, Colorado Springs, CO 80918
8,300 sq ft lot • 2 garage spots • Built 1973
OPEN SUN, 10AM TO 1PM
$450,000
2 beds1 bath1,189 sq ft
1229 N Institute St, Colorado Springs, CO 80903
4,988 sq ft lot • Garage • Built 1954
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$615,000
3 beds2 baths1,952 sq ft
2014 N Nevada Ave, Colorado Springs, CO 80907
9,500 sq ft lot • Garage • Built 1908
Aimee Fletcher • eXp Realty, LLC
OPEN NOV 7, 9AM TO 1PMVIDEO TOUR
$450,000
4 beds3.5 baths1,882 sq ft
11040 Berry Farm Rd, Fountain, CO 80817
6,044 sq ft lot • 3 garage spots • Built 2001

Around this home

Schools

K - 12
Preschool & daycare

Carmel Middle School

Public K-8 • Assigned • 0.4mi

4/10

Harrison High School

Public 9-12 • Assigned • 1.3mi

3/10

Provided by GreatSchools

About Pikes Peak

Park

Pikes Peak Park, located between South Nevada Avenue and Interstate 25, is a residential and industrial Colorado Springs neighborhood with a rail-lined edge and wide-open Front Range views. The neighborhood’s character concentrates around the South Nevada Avenue corridor near the I-25 ramps, where auto shops, taquerias, and small storefronts set a working-day rhythm. Local pillars include Ivywild School, Bristol Brewing Company, and the Fine Arts Center at Colorado College. Housing leans toward modest mid-century homes and practical infill, with larger lots and utilitarian streetscapes. Side roads lead toward Stratton Open Space and the Pikes Peak Greenway Trail for a change of pace. The setting reads as grounded and functional, with downtown and the mountains framing the horizon.

Provided by Walk Score and Local Logic

Property details

Exterior

Home design
Land

Sale and tax history for 1860 Monterey Rd

Sale History
Tax History

Date

Event

Price

REColorado as Distributed by MLS Grid #9666057

Oct 26, 2026

Listed

$139,900

INVESTORS & BUILDERS-THIS IS THE ONE! Rare infill development opportunity in the heart of the city! This vacant lot is zoned for a 4-plex and is ideally situated between existing multi-family properties, making it a prime location for your next investment project. Opportunities like this are extremely hard to find in an established area with strong rental potential. To help streamline your due diligence, preliminary development information, including proposed site layout and building setback requirements, has already been reviewed and confirmed with PRBD and is available in the attached supplements. Conveniently located, easy to find, and full of potential, this property offers an incredible opportunity to build an income-producing asset in a highly desirable location. Save time, bring your vision, and start planning your next project today-lots with this zoning, location, and development groundwork already in place don't come around often! Don't miss your chance to capitalize on this exceptional opportunity.

elevateMLS #7260017

Aug 25, 2026

Price Changed

$139,900

Jun 7, 2026

Listed

$149,900

elevateMLS #1

Jun 18, 2021

Price Changed

$125,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,794 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

El Paso County

APN

6427211033

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 2, 2026.

R-5

Multi-Family High District

The R-5 zone district accommodates attached and detached single-family, two-family, and multi-family dwelling structures at the highest density permitted in the City's standard residential districts (non-R-Flex). Land uses are as indicated in Table 7.3.2-A (Base and NNA-O District Use Table). It is intended for use in areas adjacent to the FBZ district or R-Flex, Mixed-Use, or PDZ districts where similar or higher densities or intensities of use are permitted.

Permitted uses

Include but are not limited to:

Agriculture
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Housing-Mobile home park

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...
4 weeks ago • Colorado Springs
Cassia Bourne
Redfin Premier agent
91 deals
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Historical weather

Colorado Springs, CO • 80910

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 25% for direct sun exposure in Colorado Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1860 Monterey Rd

$137,428

$2,472 under list price of $140K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $254K to $390K.

SOLD MAY 11, 2026
$275,000 Last sold price
3 beds1 bath978 sq ft
1823 Saratoga Dr, Colorado Springs, CO 80910
smaller lot
SOLD JUN 1, 2026
$253,644 Last sold price
4 beds2 baths1,666 sq ft
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smaller lot
basement
SOLD SEP 30, 2026
$257,000 Last sold price
3 beds1 bath912 sq ft
1911 Del Mar Dr, Colorado Springs, CO 80910
SOLD AUG 4, 2026
$269,000 Last sold price
3 beds1 bath978 sq ft
1854 Saratoga Dr, Colorado Springs, CO 80910
smaller lot
SOLD JUN 24, 2026
$390,000 Last sold price
4 beds2 baths2,204 sq ft
1512 Rushmore Dr, Colorado Springs, CO 80910
Listing provided by metrolistCO
finished basement
SOLD JUL 20, 2026
$375,000 Last sold price
5 beds2 baths1,800 sq ft
1815 Montezuma Dr, Colorado Springs, CO 80910
smaller lot
basement

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Details provided by REColorado as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1860 Monterey Rd

Public record

Local insights from Redfin agents

Historical weather

Sun exposure

Redfin Estimate for 1860 Monterey Rd

Early Access listings

Nearby similar homes

New listings for sale in 80910

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