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About this home
Welcome to this beautifully maintained 5-bedroom, 4-bathroom home in highly sought-after Academy School District 20, offering an incredible amount of flexible living space along with major recent updates! Highlights include a new roof installed in 2023 with Class 4 impact-resistant shingles, exterior paint completed in 2024, a furnace approximately 2 years old, updated carpet, a dedicated home office, upstairs loft, finished basement with kitchenette, and three separate living areas. With plenty of room for entertaining, working from home, hosting guests, or multi-generational living, this home offers the space and versatility today's buyers are looking for. Step inside to a bright and welcoming main level featuring formal living and dining rooms, a private office, and a spacious family room that connects naturally to the kitchen. The open flow between the kitchen and family room creates a comfortable gathering place, while the additional living and dining spaces provide plenty of options for entertaining and everyday life. Upstairs, the spacious primary suite is joined by two additional bedrooms, another full bathroom, and a versatile loft. Whether you need a playroom, homework area, media room, or second family room, the loft gives you the flexibility to make the space your own. The finished basement adds even more possibilities with two additional bedrooms, a kitchenette, and another large family room. It's an excellent setup for extended family, teenagers, overnight guests, a home theater, game room, or recreation space. Conveniently located near shopping, dining, parks, schools, and major roadways, this home puts everyday necessities and Colorado Springs amenities within easy reach. The location offers an ideal balance of neighborhood living and accessibility, making daily commutes, errands, dining out, and weekend activities simple and convenient.
Single-familyProperty Type
2004Year Built
8,712 sq ftLot Size
$150Price/Sq.Ft.
$38/moHOA Dues
3 car garageParking
Listed by Nathan Johnson• RE/MAX Real Estate Group LLC
Fairfax, located between South Nevada Avenue and South Academy Boulevard, is a residential and industrial Colorado Springs neighborhood with mid-century blocks and rail-adjacent corridors. The neighborhood’s energy concentrates around the South Nevada Avenue and East Cheyenne Road junction, where auto shops, taquerias, and small storefronts set a working-day rhythm. Nearby pillars include Ivywild School, The Broadmoor World Arena, and the Colorado Springs Pioneers Museum for culture and events. Housing trends toward modest ranch homes and practical infill, with wide streets and mature trees in pockets. Stratton Open Space and the Pikes Peak Greenway Trail shape outdoor routines. Views open toward Cheyenne Mountain, and I-25 frames regional connections.
Provided by Walk Score and Local Logic
Offer insights
7475 Chancellor Dr · $575,000
$583K and above
75% chance or better to win
Why $583K+ is a strong offer
DAYS ON MARKET
4 days
The average home goes pending in 39 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
One gas fireplace
Partially finished full basement
Cable connected
Bathrooms
Three full bathrooms
One half bathroom
Kitchen
Dishwasher
Oven
Range
Refrigerator
Microwave
220V outlet in kitchen
Flooring
Carpet
Wood
Vinyl
Heating & cooling
Forced air heating
Central air conditioning
Ceiling fans
Exterior features
Shingle roof
0.2-acre lot
Yard and landscaping (general - lot size listed)
Home design
Single-family residence
Residential property
Parking
Attached garage with 3 spaces
Construction
Brick, fiber cement, and frame construction
Utilities
Public water
Electricity connected
Natural gas connected and available
HOA & community
Homeowners association with quarterly fee of $115 (about $38.33/month); fee includes trash
Electricity and solar
View estimated energy costs and solar savings for this home
This zone district accommodates single-family residential uses on lots with a minimum size of 6,000 sq ft. Land uses are as indicated in Table 7.3.2-A (Base and NNA-O District Use Table).
Zone overlays
Airport Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Housing-Single unit
Infrastructure
Communications tower
Housing-Mobile home park
Park & open space
Sep 13, 2024 • Final
434
Replace the furnace.
HVAC
May 31, 2024 • 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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 86° expected this year, 22 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 • 80920
Average low and high temperatures (°F)
40
19
50
27
60
35
60
37
65
43
79
55
82
58
82
59
75
52
67
43
52
31
51
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7475 Chancellor Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $530,000 and $590,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $530K to $590K.