Zoned R5, this rare .2755 acre lot find offers the perfect opportunity to build your dream home or a multi-family unit. Property is just three blocks from the Olympic Training Center and four blocks from UC Health Memorial Hospital.
Vacant landProperty Type
0.28 acresLot Size
$446,429Price/Acres
Listed by David Kaercher• RE/MAX Real Estate Group Inc
Divine Redeemer, located between North Nevada Avenue and North Academy Boulevard, is a residential and commercial Colorado Springs neighborhood with mid-century streetscapes and a foothills-facing backdrop. The neighborhood’s character concentrates around the North Nevada Avenue corridor near Austin Bluffs Parkway, where low-slung plazas, local eateries, and service storefronts set a steady, everyday rhythm. Housing trends toward ranch-style homes and tidy lots, with pockets of apartments and small condo communities. Monument Valley Park’s trail system shapes the outdoor routine with long, linear green space. The University of Colorado Colorado Springs adds a collegiate edge through nearby arts and events. Errand runs and coffee stops cluster along Nevada, while side streets stay quieter.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Natural vegetation in largely natural state
Exterior features
Partial fencing
Level lot
Many trees
Paved public road access
Public water available
Home design
Land property (unimproved)
Zoned R5
Suitable for residential or multi-family use
Individually owned
Construction
Unimproved land (no structures listed)
Utilities
Electricity available
Natural gas available
Phone service available
Public water
Publicly maintained road
Other
Parcel number 64093-34-007
Annual property tax listed for 2024
Electricity and solar
View estimated energy costs and solar savings for this home
Zoned R5, this rare .2755 acre lot find offers the perfect opportunity to build your dream home or a multi-family unit. Property is just three blocks from the Olympic Training Center and four blocks from UC Health Memorial Hospital.
elevateMLS #9482644
Apr 30, 2026
Price Changed
$125,000
Jan 21, 2026
Listed
$135,000
+6
Zoned R5, this rare . 2755 acre lot find offers the perfect opportunity to build your dream home or a multi-family unit. Property is just three blocks from the Olympic Training Center and four blocks from UC Health Memorial Hospital.
Public Records
Oct 1, 1978
Sold
$6,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,607 (+23.0%)
$31,100
2024
$1,307 (+1.0%)
$31,100
2023
$1,293 (+46.0%)
$23,600
2022
$886 (−5.2%)
$15,830
2021
$934 (+5.5%)
$15,830
2020
$886 (+0.5%)
$15,830
2019
$881 (+4.6%)
$13,050
2018
$842 (+5.6%)
$13,050
2017
$798
$11,480
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
—
Lot depth
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Lot size
0.28 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
El Paso County
APN
6409334007
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
—
Garage
—
Features
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Last updated by owner on Jun 12, 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
Historical weather
Colorado Springs, CO • 80909
Average low and high temperatures (°F)
41
19
52
27
63
36
64
38
69
45
83
56
85
59
84
60
78
53
70
44
54
32
53
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 508 Sunset Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $146,900 and $360,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $147K to $360K.