A Note to This Home's Future Buyer: This is for the buyer who has been scrolling listings for a while now. You've seen some homes, but haven't found the deal you know is out there — you just haven't found it yet. Until now. What you're looking for is instant value. Look no further. This 2-story 4-bedroom, 3-bathroom home in Cimarron Hills is 3,367 square feet and priced below market — intentionally. It needs some paint and carpet, a little delayed TLC, and a buyer who isn't afraid of a few weekend home projects. In return, you get a home this size, at this price, with equity waiting for you on day one. Walk in the front door and you'll find a sitting room that opens into a spacious living room and kitchen with an open floor concept. The kitchen has granite countertops, tons of cabinet storage, an island with bar seating, and a built-in wine rack tucked off to the side — just across from the half bath. Head upstairs and the loft hits you immediately — open, airy, flooded with natural light. Work from home? You just found your office. Down the hall are three bedrooms, a full bath, and a laundry room that's actually where it should be: upstairs with the bedrooms and closets, where the laundry lives. The primary suite is at the end of the hall and it delivers: walk-in closet, 5-piece ensuite bath, and enough space to actually exhale at the end of the day. The unfinished basement is a blank canvas waiting on your vision — game room, movie room, downstairs library and chill space, you name it. Until then, use it as a home gym or extra storage. No pressure, no timeline. Just possibility. Out back, there's a fully fenced yard with a large stamped-concrete patio that is genuinely just waiting on you. A few chairs, a fire pit, some string lights — and that's your summer and fall nights right there. You're close to everything on Powers: groceries, restaurants, the Cinemark theater at First & Main. If you're military or work on base, Peterson is practically in your backyard and Fort Carson is an easy 20–30 minute commute. This home needs some cosmetic love, but nothing standing between a motivated buyer and move-in day. If you're looking for the best deal per square foot in the area, this is it — build your own equity from day one instead of overpaying for someone else's renovations.
Single-familyProperty Type
2013Year Built
6,857 sq ftLot Size
$132Price/Sq.Ft.
$39/moHOA Dues
2 car garageParking
Listed by Maia Karvakko• HomeSmart Preferred Realty
Bought with Christina Vawter• Coldwell Banker Realty
Est. $2,661 per month, based on comparable rentals
Sale and tax history for 2515 Reed Grass Way
Sale History
Tax History
Date
Event
Price
elevateMLS #7184867
Jul 29, 2026
Sold
$445,000
$132/sq ft
Jun 28, 2026
Contingent
—
Jun 18, 2026
Listed
$450,000
$134/sq ft
Public Records
May 15, 2013
Sold
$208,000
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,173 (+8.4%)
$7,240 + $27,680
$34,920
2024
$2,926 (+3.7%)
$7,240 + $27,680
$34,920
2023
$2,821 (+18.3%)
$6,880 + $28,010
$34,890
2022
$2,386 (−3.6%)
$5,420 + $19,380
$24,800
2021
$2,475 (+11.2%)
$5,420 + $19,380
$24,800
2020
$2,226 (+0.6%)
$5,580 + $19,930
$25,510
2019
$2,212 (+10.0%)
$4,650 + $18,230
$22,880
2018
$2,010 (+6.5%)
$4,650 + $18,230
$22,880
2017
$1,888 (+2.4%)
$3,920 + $16,670
$20,590
2016
$1,843
$3,920 + $16,670
$20,590
2015
$1,844 (+1.7%)
$3,940 + $16,560
$20,500
2014
$1,814 (+93.8%)
$3,940 + $16,560
$20,500
2013
$936
$4,300 + $15,600
$19,900
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
6,857 Sq. Ft.
Year renovated
—
Sq. Ft.
2,359
Year built
2013
Style
Single Family Residential
County
El Paso County
APN
5405406005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
PUD
AP-O
Planned Unit Development District
The Planned Unit Development (PUD) district is a versatile zoning mechanism to encourage innovative and creative design and to facilitate a mix of uses including residential, business, commercial, and industrial, recreation, open space, and other selected secondary uses. This zoning district is established in accordance with C.R.S. 24-67-101, et seq., to accomplish the following objectives: To further the public health, safety and general welfare within El Paso County; To permit adjustment to changing public and private needs and to foster the ability to provide development patterns which are more compatible with and effective in meeting such needs; To improve the design, character and quality of new development with flexibility by varying lot size, building heights, setback controls and other site development requirements; To encourage innovations in residential, commercial, and industrial development and renewal so that the growing demands of the population may be met by greater variety in type, design, and layout of buildings including mixed use and traditional neighborhood design and by the conservation and more efficient use of open space ancillary to said buildings.
Zone overlays
Airport Overlay District
Aug 30, 2013 • Final
101
Work on a residence.
New construction
Jun 21, 2013 • Final
434
Install a temporary electrical service.
Electrical
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.
Home facts updated by county records on Sep 2, 2026
Other
Miscellaneous Information
Breakfast Bar, HOA Required, Kitchen Pantry
Listing Information
Property Attached YN: No
Around this home
Schools
Evans Elementary School
Public PreK-5 • Assigned • 0.3mi
7/10
Horizon Middle School
Public 6-8 • Assigned • 0.7mi
5/10
Sand Creek High School
Public 9-12 • Assigned • 1.8mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
2/10 Heat Factor
6 days above 88° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Colorado Springs, CO • 80915
Average low and high temperatures (°F)
40
19
51
25
63
35
64
38
68
44
82
56
88
60
83
59
78
53
69
43
53
32
52
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Colorado Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$433,000 – $525,000
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