Welcome to this beautifully updated ranch-style home in central Colorado Springs, offering single-level living, mountain views, and easy access to downtown, Memorial Park, shopping, dining, and major commuter routes. Situated on a spacious 9,500-square-foot lot, this move-in ready property combines comfort, convenience, and value. Inside, you'll find 895 square feet of thoughtfully designed living space featuring an open layout, abundant natural light, updated flooring, and a functional kitchen with stone countertops and included appliances. The spacious primary bedroom offers a walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to enjoy the private backyard with a concrete patio, mature trees, and a storage shed—perfect for outdoor entertaining, gardening, or simply relaxing while taking in views of Pikes Peak and the Front Range. An added bonus is that the property extends beyond the existing rear fence all the way to the alley, creating exceptional flexibility and future potential. This additional space provides room for RV parking, boat or trailer storage, extra off-street parking, a carport, detached garage, workshop, garden area, or other outdoor improvements. Located in the established Cheyenne Addition neighborhood, this home offers quick access to I-25, Memorial Park, UCHealth Memorial Hospital, and everything Colorado Springs has to offer. Don't miss this opportunity to own an affordable, move-in ready home with mountain views, a generously sized lot, and room to grow in the heart of Colorado Springs.
Hillside, located between Downtown Colorado Springs and Memorial Park, is a historic and residential Colorado Springs neighborhood with early-20th-century bungalows and a foothills-facing street grid. The neighborhood’s character concentrates around the South Tejon Street and East Moreno Avenue corridor, where coffee counters, galleries, and small eateries set a steady, walkable rhythm. Ivywild School anchors the area with its food hall energy inside a former school building. The Millibo Art Theatre adds an offbeat, local stage presence, while Shuga’s keeps the dining scene personal and eclectic. Side streets mix mature trees, front porches, and compact lots, with views that open toward Pikes Peak on clear days. Trails and lawns at Memorial Park and Prospect Lake shape an outdoors-forward routine close to the city core.
Provided by Walk Score and Local Logic
Offer insights
727 E Rio Grande St · $319,000
$319K and above
75% chance or better to win
Why $319K+ is a strong offer
DAYS ON MARKET
94 days
The average home goes pending in 42 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
Living
Interior features
High-speed internet available
Double-pane windows
Carbon monoxide and smoke detectors
Bedrooms
Three bedrooms on the main level
Primary bedroom with walk-in closet and carpet
Bathrooms
One full bathroom on the main level
Kitchen
Stone countertops
Oven
Range
Microwave
Dishwasher
Disposal
Laundry & utility
Main-level laundry with electric hook-up
Washer and dryer included
Flooring
Carpet
Heating & cooling
Forced air heating (natural gas)
Exterior features
Private yard
Patio
Landscaped lot
Front and rear sprinklers
Near public transit
Paved public road frontage
Home design
Single-family residence
One story
Unattached property
Parking
Patio and yard access (no specific garage/driveway info provided)
Security
Carbon monoxide detector(s)
Smoke detector(s)
Construction
Frame and stucco construction
Composition roof
Slab foundation
Built as a house
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Cable available
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to this beautifully updated ranch-style home in central Colorado Springs, offering single-level living, mountain views, and easy access to downtown, Memorial Park, shopping, dining, and major commuter routes. Situated on a spacious 9,500-square-foot lot, this move-in ready property combines comfort, convenience, and value. Inside, you'll find 895 square feet of thoughtfully designed living space featuring an open layout, abundant natural light, updated flooring, and a functional kitchen with stone countertops and included appliances. The spacious primary bedroom offers a walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to enjoy the private backyard with a concrete patio, mature trees, and a storage shed—perfect for outdoor entertaining, gardening, or simply relaxing while taking in views of Pikes Peak and the Front Range. An added bonus is that the property extends beyond the existing rear fence all the way to the alley, creating exceptional flexibility and future potential. This additional space provides room for RV parking, boat or trailer storage, extra off-street parking, a carport, detached garage, workshop, garden area, or other outdoor improvements. Located in the established Cheyenne Addition neighborhood, this home offers quick access to I-25, Memorial Park, UCHealth Memorial Hospital, and everything Colorado Springs has to offer. Don't miss this opportunity to own an affordable, move-in ready home with mountain views, a generously sized lot, and room to grow in the heart of Colorado Springs.
IRES as Distributed by MLS Grid #7349854
Aug 20, 2026
Price Changed
$319,000
$356/sq ft
Aug 20, 2026
Price Changed
$319,000
$356/sq ft
Jul 10, 2026
Price Changed
$337,500
$377/sq ft
Jul 10, 2026
Price Changed
$337,500
$377/sq ft
Jun 19, 2026
Listed
$350,000
$391/sq ft
Jun 19, 2026
Listed
$350,000
$391/sq ft
+45
Welcome to this beautifully updated ranch-style home in central Colorado Springs, offering single-level living, mountain views, and easy access to downtown, Memorial Park, shopping, dining, and major commuter routes. Situated on a spacious 9,500-square-foot lot, this move-in ready property combines comfort, convenience, and value. Inside, you'll find 895 square feet of thoughtfully designed living space featuring an open layout, abundant natural light, updated flooring, and a functional kitchen with stone countertops and included appliances. The spacious primary bedroom offers a walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to enjoy the private backyard with a concrete patio, mature trees, and a storage shed-perfect for outdoor entertaining, gardening, or simply relaxing while taking in views of Pikes Peak and the Front Range. An added bonus is that the property extends beyond the existing rear fence all the way to the alley, creating exceptional flexibility and future potential. This additional space provides room for RV parking, boat or trailer storage, extra off-street parking, a carport, detached garage, workshop, garden area, or other outdoor improvements. Located in the established Cheyenne Addition neighborhood, this home offers quick access to I-25, Memorial Park, UCHealth Memorial Hospital, and everything Colorado Springs has to offer. Don't miss this opportunity to own an affordable, move-in ready home with mountain views, a generously sized lot, and room to grow in the heart of Colorado Springs.
elevateMLS #7764842
Feb 23, 2024
Sold
$344,000
$384/sq ft
Jan 31, 2024
Delisted
—
Nov 20, 2023
Price Changed
$349,995
$391/sq ft
Nov 14, 2023
Price Changed
$359,995
$402/sq ft
Nov 6, 2023
Listed
$364,995
$408/sq ft
Public Records
Sep 19, 2019
Sold
$123,000
$137/sq ft
Public Records
Sep 22, 2015
Sold
$112,000
$125/sq ft
elevateMLS #1
Aug 16, 2015
Price Changed
$119,000
$133/sq ft
Aug 4, 2015
Price Changed
$124,900
$140/sq ft
Jul 17, 2015
Price Changed
$126,500
$141/sq ft
Jul 9, 2015
Price Changed
$129,900
$145/sq ft
Jun 27, 2015
Price Changed
$131,900
$147/sq ft
Public Records
Oct 20, 2009
Sold
$108,000
$121/sq ft
Public Records
May 6, 2003
Sold
$115,000
$128/sq ft
Public Records
Nov 19, 1996
Sold
$56,900
$64/sq ft
Public Records
Oct 6, 1994
Sold
$33,500
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,010 (+11.3%)
$3,910 + $16,620
$20,530
2024
$907 (+13.6%)
$3,910 + $16,620
$20,530
2023
$798 (+1.8%)
$3,510 + $17,190
$20,700
2022
$784 (−7.9%)
$3,250 + $10,760
$14,010
2021
$851 (+10.3%)
$3,250 + $10,760
$14,010
2020
$772 (+0.5%)
$3,350 + $11,070
$14,420
2019
$768 (−16.6%)
$2,570 + $8,800
$11,370
2018
$920 (+57.1%)
$2,570 + $8,800
$11,370
2017
$586 (+25.2%)
$1,940 + $6,490
$8,430
2016
$468 (+0.2%)
$1,940 + $6,490
$8,430
2015
$467 (+3.8%)
$1,790 + $6,300
$8,090
2014
$450 (−1.8%)
$1,790 + $6,300
$8,090
2013
$458 (+1.4%)
$1,670 + $5,820
$7,490
2012
$452 (−0.8%)
$1,670 + $5,820
$7,490
2011
$456
$1,670 + $5,820
$7,490
2010
$455 (+46.0%)
$1,670 + $5,820
$7,490
2009
$312
$1,740 + $5,980
$7,720
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,500 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
895
Unfinished Sq. Ft.
—
Total Sq. Ft.
895
Year built
1954
Style
Single Family Residential
County
El Paso County
APN
6420205008
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
Dec 4, 2017 • Final
434
Replace the furnace.
HVAC
Sep 15, 2015 • Final
434
Replace the water heater.
Plumbing
Water heater
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 90° expected this year, 17 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 • 80903
Average low and high temperatures (°F)
42
19
52
26
63
36
64
38
69
44
83
56
85
59
83
59
78
52
69
43
54
32
54
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 727 E Rio Grande St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $235,000 and $335,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $235K to $335K.