Hard-to-Find Single-Family Opportunity in Colorado Springs – with NEW Carpet and Flooring! This updated 2-bedroom, 1-bath ranch home sits on a spacious 0.17-acre lot with no HOA and R-5 zoning, offering exciting potential for future expansion—including the possibility of an ADU (Accessory Dwelling Unit). Whether you're looking for a primary residence or future income potential, this property delivers flexibility and value. Step inside to a bright and open layout filled with natural light. Brand-new carpet in the living room and both bedrooms, plus fresh interior paint throughout, gives this home a crisp, move-in ready feel. The eat-in kitchen features new vinyl flooring and seamless access to the backyard—perfect for hosting friends or enjoying summer evenings outdoors. The bathroom is thoughtfully designed with dual access from both the primary bedroom and the oversized laundry room (washer & dryer included), making everyday living and guest visits more convenient. Outside, you'll find a detached 2-car garage with an attached workshop, ideal for hobbies, storage, or DIY projects. Alley access provides space for RV parking, trailers, or outdoor gear—a rare bonus in this price range! Located on a quiet street, you're just minutes from Downtown Colorado Springs (5 mins), UCHealth Memorial Central (1 mile), and the Olympic Training Center (0.5 mile). Parks, public transit, schools, and shopping are all close by. Don’t miss the chance to see this versatile property! Schedule your showing today and explore the possibilities!
Single-familyProperty Type
1947Year Built
7,405 sq ftLot Size
$396Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Dianne Schell• eXp Realty, LLC
Contact: 720-545-5326
Bought with PPAR Agent Non-REcolorado• NON MLS PARTICIPANT
Hard-to-Find Single-Family Opportunity in Colorado Springs – with NEW Carpet and Flooring! This updated 2-bedroom, 1-bath ranch home sits on a spacious 0.17-acre lot with no HOA and R-5 zoning, offering exciting potential for future expansion—including the possibility of an ADU (Accessory Dwelling Unit). Whether you're looking for a primary residence or future income potential, this property delivers flexibility and value. Step inside to a bright and open layout filled with natural light. Brand-new carpet in the living room and both bedrooms, plus fresh interior paint throughout, gives this home a crisp, move-in ready feel. The eat-in kitchen features new vinyl flooring and seamless access to the backyard—perfect for hosting friends or enjoying summer evenings outdoors. The bathroom is thoughtfully designed with dual access from both the primary bedroom and the oversized laundry room (washer & dryer included), making everyday living and guest visits more convenient. Outside, you'll find a detached 2-car garage with an attached workshop, ideal for hobbies, storage, or DIY projects. Alley access provides space for RV parking, trailers, or outdoor gear—a rare bonus in this price range! Located on a quiet street, you're just minutes from Downtown Colorado Springs (5 mins), UCHealth Memorial Central (1 mile), and the Olympic Training Center (0.5 mile). Parks, public transit, schools, and shopping are all close by. Don’t miss the chance to see this versatile property! Schedule your showing today and explore the possibilities!
REColorado as Distributed by MLS Grid #4183264
Sep 9, 2025
Sold
$250,000
$336/sq ft
Sep 9, 2025
Sold
$250,000
$336/sq ft
Aug 5, 2025
Pending
—
Aug 5, 2025
Pending
—
Jul 19, 2025
Price Changed
$249,000
$335/sq ft
Jul 19, 2025
Price Changed
$249,000
$335/sq ft
Jun 6, 2025
Price Changed
$255,000
$343/sq ft
Jun 6, 2025
Price Changed
$255,000
$343/sq ft
May 7, 2025
Price Changed
$278,500
$374/sq ft
May 7, 2025
Price Changed
$278,500
$374/sq ft
Mar 18, 2025
Price Changed
$279,000
$375/sq ft
Mar 18, 2025
Price Changed
$279,000
$375/sq ft
Feb 21, 2025
Price Changed
$290,000
$390/sq ft
Feb 21, 2025
Price Changed
$290,000
$390/sq ft
Jan 24, 2025
Listed
$300,000
$403/sq ft
Jan 24, 2025
Listed
$300,000
$403/sq ft
+14
Public Remarks
Hard-to-Find Single-Family Opportunity in Colorado Springs - with NEW Carpet and Flooring! This updated 2-bedroom, 1-bath ranch home sits on a spacious 0.17-acre lot with no HOA and R-5 zoning, offering exciting potential for future expansion-including the possibility of an ADU (Accessory Dwelling Unit). Whether you're looking for a primary residence or future income potential, this property delivers flexibility and value. Step inside to a bright and open layout filled with natural light. Brand-new carpet in the living room and both bedrooms, plus fresh interior paint throughout, gives this home a crisp, move-in ready feel. The eat-in kitchen features new vinyl flooring and seamless access to the backyard-perfect for hosting friends or enjoying summer evenings outdoors. The bathroom is thoughtfully designed with dual access from both the primary bedroom and the oversized laundry room (washer & dryer included), making everyday living and guest visits more convenient. Outside, you'll find a detached 2-car garage with an attached workshop, ideal for hobbies, storage, or DIY projects. Alley access provides space for RV parking, trailers, or outdoor gear-a rare bonus in this price range! Located on a quiet street, you're just minutes from Downtown Colorado Springs (5 mins), UCHealth Memorial Central (1 mile), and the Olympic Training Center (0.5 mile). Parks, public transit, schools, and shopping are all close by. Don't miss the chance to see this versatile property! Schedule your showing today and explore the possibilities!
Public Records
Jun 10, 2020
Sold
$213,000
$286/sq ft
elevateMLS #2
May 6, 2020
Price Changed
$209,900
$282/sq ft
Public Records
Dec 28, 2015
Sold
$104,900
$141/sq ft
elevateMLS #1
Oct 19, 2015
Price Changed
$104,900
$141/sq ft
Public Records
Apr 21, 2006
Sold
$76,000
$102/sq ft
Public Records
Mar 13, 2006
Sold
$57,000
$77/sq ft
Public Records
Aug 1, 1965
Sold
$5,000
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$916 (+2.4%)
$5,340 + $13,330
$18,670
2024
$895 (+32.1%)
$5,340 + $13,330
$18,670
2023
$677 (+0.2%)
$3,430 + $15,060
$18,490
2022
$676 (−7.8%)
$2,540 + $9,540
$12,080
2021
$733 (+13.2%)
$2,540 + $9,540
$12,080
2020
$648 (+0.5%)
$2,620 + $9,810
$12,430
2019
$645 (+15.5%)
$2,290 + $7,260
$9,550
2018
$558 (+5.6%)
$2,290 + $7,260
$9,550
2017
$529 (+57.9%)
$1,510 + $6,100
$7,610
2016
$335 (+0.6%)
$1,510 + $6,100
$7,610
2015
$333 (+1.8%)
$1,670 + $4,110
$5,780
2014
$327 (−2.0%)
$1,670 + $4,110
$5,780
2013
$334 (+1.4%)
$1,670 + $3,780
$5,450
2012
$329 (−0.8%)
$1,670 + $3,780
$5,450
2011
$332 (−7.3%)
$1,670 + $3,780
$5,450
2010
$358 (+1.0%)
$1,670 + $3,780
$5,450
2009
$354
$1,830 + $4,230
$6,060
Tax history for 520 Prairie Rd
Year
Property tax
Land + Additions
Assessment*
2025
$916 (+2.4%)
$5,340 + $13,330
$18,670
2024
$895 (+32.1%)
$5,340 + $13,330
$18,670
2023
$677 (+0.2%)
$3,430 + $15,060
$18,490
2022
$676 (−7.8%)
$2,540 + $9,540
$12,080
2021
$733 (+13.2%)
$2,540 + $9,540
$12,080
2020
$648 (+0.5%)
$2,620 + $9,810
$12,430
2019
$645 (+15.5%)
$2,290 + $7,260
$9,550
2018
$558 (+5.6%)
$2,290 + $7,260
$9,550
2017
$529 (+57.9%)
$1,510 + $6,100
$7,610
2016
$335 (+0.6%)
$1,510 + $6,100
$7,610
2015
$333 (+1.8%)
$1,670 + $4,110
$5,780
2014
$327 (−2.0%)
$1,670 + $4,110
$5,780
2013
$334 (+1.4%)
$1,670 + $3,780
$5,450
2012
$329 (−0.8%)
$1,670 + $3,780
$5,450
2011
$332 (−7.3%)
$1,670 + $3,780
$5,450
2010
$358 (+1.0%)
$1,670 + $3,780
$5,450
2009
$354
$1,830 + $4,230
$6,060
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1948
Sq. Ft.
744
Year built
1947
Style
Single Family Residential
County
El Paso County
APN
6409335007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
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
Mar 4, 2026 • Final
434
Work on a reroof.
Roofing
Apr 18, 2016 • Final
434
Work on a reroof.
Roofing
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.
Property details
Parking
Parking/Garage Information
Parking Total: 5
Off Street Spaces: 2
RV Spaces: 1
Garage Spaces: 2
Parking Features: Gravel
Interior
Virtual Tour Information
Bedroom Information
Bedrooms Total: 2
Main Level Bedrooms: 2
Bathroom Information
Bathrooms Total Integer: 1
Bathrooms Full: 1
Main Level Bathrooms: 1
Room 1 Information
Living Room
Description: Flooded with natural light, new carpet
Length: 16
Width: 11
Level: Main
Room 2 Information
Kitchen
Description: Eat-in kichen
Length: 12
Width: 11
Level: Main
Room 3 Information
Laundry
Description: Extra large & perfect for storage. Washer/dryer included.
Length: 14
Width: 8
Level: Main
Room 4 Information
Description: Adjacent to bathroom
Length: 10
Width: 14
Level: Main
Room 5 Information
Description: Opens to Laundry Room and Primary Bedroom