Colorado Springs Homes under $500,000

Colorado Springs Homes under $500,000

Welcome to Colorado Springs, a breathtaking gem nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty and vibrant community, Colorado Springs offers a unique blend of outdoor adventure, cultural attractions, and a welcoming atmosphere that makes it an ideal place to call home.

With over 300 days of sunshine each year, residents enjoy a plethora of outdoor activities, from hiking the iconic Pikes Peak to exploring the scenic Garden of the Gods with its striking red rock formations. The city's rich history is reflected in its charming downtown area, where you can find an array of local shops, delicious eateries, and cultural venues, including art galleries and theaters.

For those seeking affordable housing options, Colorado Springs has an impressive selection of homes available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find diverse properties that cater to various lifestyles and preferences. From cozy single-family homes to modern townhouses, there’s something for everyone in this vibrant market.

Living in Colorado Springs means embracing a lifestyle filled with adventure, community spirit, and the beauty of nature. With its affordable housing options and a plethora of amenities, this city is not just a place to live; it’s a place to thrive. Come discover the perfect home in Colorado Springs, where your dream life awaits amidst the stunning backdrop of the Rockies!

Newest Colorado Springs Homes under $500,000

no property photo
$417,850
3 Beds ⋅ 3 Baths ⋅ 1,840 SqFt. ⋅ ACTIVE Status
**Photos are of previously built model** ** Home is an October delivery that is completed ** The spacious Rio plan provides room enough for growing families and their guests. The main floor is comprised of a free-flowing great room, dining room, and kitchen complete with island. Upstairs is an expansive loft, two secondary bedrooms, plus a master bedroom featuring a walk-in closet and optional walk-in shower with seat. An upstairs laundry room adds even more convenience to this exceptional home.

4551 Haven Cove Pt, Colorado Springs

Courtesy of New Home Star LLC. (719) 330-1445

5358 Bluestem Dr, Colorado Springs
$500,000
4 Beds ⋅ 3 Baths ⋅ 2,159 SqFt. ⋅ ACTIVE Status
Welcome to 5358 Bluestem Drive, where breathtaking panoramic views to Pike Peaks and Garden of the Gods, modern renovations, and an incredible Colorado Springs location come together! Beautifully updated in 2026, this move-in-ready home offers 4 bedrooms PLUS a dedicated office, 2.5 bathrooms, and 2,235 square feet of beautifully designed living space. From the moment you step inside, you'll appreciate the soaring vaulted ceilings with exposed beams, abundant natural light, new flooring throughout, fresh interior paint, and stylish modern finishes. The fully remodeled kitchen features new cabinetry, countertops, backsplash, updated appliances, and contemporary lighting. Two fireplaces add warmth and character throughout the home. The spacious primary suite features a beautifully renovated private bathroom, while the dedicated upstairs office provides the perfect work-from-home retreat. The finished lower level offers direct access to the backyard. Step outside and experience Colorado living at its finest! Three outdoor decks provide multiple spaces to relax, entertain, and take in the spectacular mountain scenery. Whether you're enjoying your morning coffee or unwinding at sunset, the views are truly something special. The approximately 8,000-square-foot lot offers additional room to enjoy the outdoors. The location makes this home even more desirable! Enjoy a peaceful neighborhood setting with NO neighbors in the front of back of the house, instead enjoy some open space with access to a trail. Convenient access to shopping, parks, playgrounds, and hiking, and biking trails. With mountain scenery all around and everyday conveniences nearby, you'll enjoy the best of Colorado Springs living. No HOA, extensive renovations, flexible living spaces, incredible views, and a fantastic location. This home truly has it all!

5358 Bluestem Dr, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

4325 Clare Ct, Colorado Springs
$350,000
3 Beds ⋅ 2 Baths ⋅ 1,343 SqFt. ⋅ ACTIVE Status
Great move-in ready 3-bedroom, 1.5-bath tri-level home with a 2-car garage on a cul-de-sac! Fresh interior paint, brand new carpet, and brand new luxury vinyl plank flooring give this home a clean, modern feel throughout. Step inside to a bright and inviting living room filled with natural light. The spacious kitchen includes a stainless steel refrigerator, ample cabinet and counter space, updated lighting, and an adjoining dining area with direct access to the covered deck, making it easy to enjoy outdoor dining or relax while overlooking the backyard. The versatile tri-level floor plan offers multiple living spaces, including a spacious lower-level family room that's perfect for movie nights, game day, a home office, or hobbies. Upstairs you'll find two comfortably sized bedrooms, a third bedroom that works well as a nursery, guest room, or office, and a full bath. Stay comfortable during warm Colorado summers with an evaporative cooler and a whole-house attic fan, providing energy-efficient cooling. The fully fenced backyard offers plenty of room to enjoy the outdoors, and a wide gate on the side of the home provides convenient access for storing a camper, boat, trailer, or other recreational vehicles. An attached two-car garage adds even more storage and convenience. For added peace of mind, the home has a brand-new roof and comes with a 14 month home warranty.

4325 Clare Ct, Colorado Springs

Courtesy of Social Communities.

513 Violet Dr, Colorado Springs
$335,000
3 Beds ⋅ 2 Baths ⋅ 1,119 SqFt. ⋅ ACTIVE Status
Welcome to this charming 3-bedroom, 2-bath brick ranch in the established Security-Widefield neighborhood! Offering 1,119 square feet of single-level living, this home features a comfortable floor plan with hardwood flooring, built-in shelving, and a unique two-sided fireplace connecting the living room and eat-in kitchen. The kitchen provides direct access to a covered patio overlooking the spacious, fully fenced backyard, perfect for relaxing, entertaining, or enjoying the Colorado outdoors. A major improvement includes the **complete replacement of the sewer line in 2024**, providing added peace of mind for the next owner. Additional highlights include central A/C, an attached one-car garage, and a generously sized 7,400-square-foot lot. The third bedroom is currently configured as a laundry room, offering flexible space that can be adapted to suit the next owner's needs. Conveniently located near Pi-Ute Park, schools, shopping, and everyday amenities. Don't miss this opportunity to make this home your own!

513 Violet Dr, Colorado Springs

Courtesy of West and Main Homes. 720-299-6635

1335 Amstel Dr, Colorado Springs
$419,000
4 Beds ⋅ 2 Baths ⋅ 1,980 SqFt. ⋅ ACTIVE Status
Welcome to this inviting home in the desirable west side of Colorado Springs! Nestled on a corner lot in a quiet cul-de-sac, this property offers added privacy, a peaceful neighborhood setting, and nearly 2,000 square feet of comfortable living space. Featuring 4 bedrooms and 2 bathrooms, this home offers a functional and versatile floor plan with plenty of room for everyone. The main-level living area showcases beautiful luxury wood-look vinyl flooring throughout. The spacious living room flows seamlessly into the dining area and kitchen, creating a welcoming space for everyday living and entertaining. The kitchen is equipped with stainless steel appliances and a convenient breakfast bar. The spacious primary bedroom features a walk-in closet, providing plenty of storage. Downstairs, you'll find a very large family room complete with a cozy gas fireplace, perfect for relaxing or gathering with family and friends. Two additional bedrooms, a full bathroom, and a laundry area complete the lower level. Step outside to enjoy the large, fully fenced backyard, offering plenty of space for outdoor entertaining, pets, gardening, or simply enjoying Colorado's beautiful weather. Additional features include a radon mitigation system for added peace of mind and Central air conditioning. Enjoy the convenience of westside living with easy access to schools, shopping, parks, and everyday amenities. With its desirable location, spacious layout, cozy fireplace, and large fenced backyard, this home is a wonderful opportunity to enjoy all that Colorado Springs has to offer. Don't miss your chance to make it yours!

1335 Amstel Dr, Colorado Springs

Courtesy of The Compass Team REAL ESTATE GROUP LLC. (719) 339-4583

411 Lakewood Cir Unit B813, Colorado Springs
$128,500
2 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ ACTIVE Status
Writing # Luxury, Views & Resort-Style Living at the Historic Satellite Hotel\! Experience a truly unique lifestyle in this spacious two-bedroom condo located in the iconic, historic and landmark Satellite Hotel. Enjoy gorgeous panoramic mountain views, beautiful golf course scenery, and a sparkling pool view—all from the comfort of your own home\! One of the home's most special features is the expansive balcony that stretches the entire length of the condo, with direct walk-out access from every room. Whether you're enjoying your morning coffee, taking in the mountain sunsets, or simply relaxing outdoors, the views are always part of the experience. Inside, you'll find generously sized bedrooms and comfortable living spaces designed for easy, carefree living. The Satellite Hotel offers a lifestyle unlike any other, with an impressive collection of amenities and services. Enjoy a restaurant, bar with live entertainment, spas, barbershop, art gallery, and two inviting sitting areas in the grand lobby. Connect with neighbors through vibrant social groups, community activities, and exclusive events just for owners. Your HOA includes **all utilities**, security, concierge services, maintenance, RV parking, and discounted hotel stays, making this an exceptional lock-and-leave opportunity. Enjoy the convenience of hotel-style amenities without the responsibilities of traditional homeownership. Whether you're looking for a full-time residence, a low-maintenance retreat, or a place to enjoy an active and connected community, this one-of-a-kind property offers the perfect blend of comfort, convenience, views, and resort-style living. **Come discover the charm, character, and lifestyle of the Satellite Hotel—where every day feels like a getaway\!**

411 Lakewood Cir Unit B813, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

3755 Hartsock Ln Unit 303, Colorado Springs
$250,000
3 Beds ⋅ 2 Baths ⋅ 1,301 SqFt. ⋅ ACTIVE Status
Welcome home to this top floor condo with high, vaulted ceilings. No climbing stairs here- take the elevator up from the underground, secure garage. This condo has a wonderful, open floorplan with lots of large windows to let in the sunshine. Knockdown drywall texture on the walls and ceilings. Brand new carpet throughout! The kitchen has ample countertop space, beautiful oak cabinets, pendant lights over the bar area, and a refrigerator that stays. Just off the dining area is access to the covered deck. The gas fireplace, beautiful valances, and more vaulted ceilings in the living room make it a very comfortable place to relax. There are 3 bedrooms and 2 full bathrooms. One of the bedrooms is just off the living room, providing a great extra space for an office or hobby room. The master bedroom includes a tray ceiling and access to the private bathroom. An upgraded walk-in jetted tub and shower with grab bars are special amenities that have been added. There is plenty of room in the spacious master closet that has built-in drawers. The washer & dryer are also included with the home. The well-lighted underground parking is heated, and you have an assigned parking space just for you. It is by the locked storage space. Easy access to the elevator to the top floor condo. The side and rear of the unit are surrounded by mature trees and bluffs. There is also a patio area just off the 1st floor elevator. Other building amenities are the interior fire sprinklers and a fire alarm system. This condo is move-in-ready!

3755 Hartsock Ln Unit 303, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

2303 Jeanette Way, Colorado Springs
$420,000
3 Beds ⋅ 3 Baths ⋅ 1,372 SqFt. ⋅ ACTIVE Status
Move in Ready Home with stunning mature landscaping. Enter into a open t-filled interior featuring fresh paint, new carpet and a clean, modern feel that makes this home completely move-in ready. Every detail has been thoughtfully cared for, offering buyers peace of mind and pride of ownership at every turn. The spacious layout provides comfortable living, gas fireplace, and entertaining areas. The kitchen and main living spaces flow seamlessly, creating an inviting atmosphere perfect for everyday living. Open concept kitchen with a gas stove, kitchen window, and new stainless steel appliances. Step outside to enjoy a beautifully landscaped yard, front and rear sprinkler system - your own private retreat. Whether you're relaxing, gardening, or entertaining, the outdoor space offers a peaceful setting to unwind and enjoy Colorado living. Additional highlights include a level of cleanliness and care that is immediately noticeable the moment you walk in the door. Conveniently located near shopping, dining, schools, Peterson Space Force, Schriever, and Hwy 24.

2303 Jeanette Way, Colorado Springs

Courtesy of You 1st Realty. 720-512-2600

6960 Allens Park Dr, Colorado Springs
$419,900
3 Beds ⋅ 2 Baths ⋅ 1,492 SqFt. ⋅ ACTIVE Status
IDEAL THREE-CAR GARAGE, NO HOA, LOW TAXES, AND ROOM TO GROW! This inviting 3-bedroom, 2-bath home offers a versatile floor plan, thoughtful updates, and an unfinished basement with the opportunity to expand your living space. Step inside to a welcoming dining room with vaulted ceilings that could easily serve as a formal living room. The spacious family room features a WOOD-BURNING FIREPLACE and large windows that bring in plenty of natural light. Overlooking the family room, the kitchen offers white cabinetry, stainless steel appliances, and a charming breakfast nook with an upgraded bay window and backyard views. Luxury vinyl plank flooring extends throughout much of the home. Upstairs are three bedrooms, a primary bathroom with HEATED FLOORS, and a convenient hallway laundry closet. The UNFINISHED BASEMENT provides room to build a FOURTH BEDROOM, rec room, home office, or workout area. A future THIRD BATHROOM has already been framed and pre-plumbed, with some materials purchased to help complete the project. Outside, enjoy a spacious backyard with a privacy fence and a large concrete patio ideal for grilling and entertaining. A patio table with umbrella, six chairs, and two rocker/glider chairs are included, along with a storage shed, wood shed, and firewood. A SPRINKLER SYSTEM serves both the front and backyard and has already been winterized for the season. MAJOR IMPROVEMENTS include a NEWER ROOF (2024), newer exterior paint, vinyl windows throughout, and a furnace replaced in 2018. The desirable SOUTH-FACING DRIVEWAY and THREE-CAR GARAGE provide plenty of room for vehicles, storage, and hobbies. The kitchen refrigerator, washer, and dryer are included, along with a HOME WARRANTY for added peace of mind. Located in School District 49, just minutes from King Soopers Marketplace and the Powers corridor's shopping, restaurants, and entertainment, with convenient access to Peterson and Schriever Space Force Bases.

6960 Allens Park Dr, Colorado Springs

Courtesy of RE/MAX Real Estate Group LLC. 719-534-7900

4376 Prestige Pt, Colorado Springs
$295,500
2 Beds ⋅ 3 Baths ⋅ 1,333 SqFt. ⋅ ACTIVE Status
Welcome to this beautiful townhome in the desirable Pinnacle at Cheyenne Mountain community! This two-story home features two spacious primary suites, each with its own private balcony and full bathroom, offering comfort and privacy. The bright and inviting living room is filled with natural light and opens to a private patio, perfect for relaxing or entertaining. The kitchen offers abundant cabinet space, stainless steel appliances, and a functional layout, while a convenient half bath is located on the main level for guests. This move-in-ready home has been updated with new carpet and fresh interior paint throughout. Enjoy what is arguably one of the best views in the community, all while benefiting from a low HOA. Competitively priced, this is a rare opportunity to own a beautifully updated townhome in a sought-after Cheyenne Mountain neighborhood. Don't miss your chance to see this exceptional property—schedule your showing today!

4376 Prestige Pt, Colorado Springs

Courtesy of Springs Real Estate Brokers, LLC. 719-360-8976

11 N 13th St, Colorado Springs
$345,000
2 Beds ⋅ 1 Baths ⋅ 642 SqFt. ⋅ ACTIVE Status
Charming, thoughtfully renovated, and ideally situated near the heart of Old Colorado City! This beautifully updated 2-bedroom, 1-bath home offers 642 square feet of efficiently designed living space, blending modern finishes with inviting character. Recent improvements include a new roof, windows, fresh paint, and a cedar privacy fence. Inside, stylish details such as a tiled shower and patterned tile in the laundry area add personality and visual interest. Situated on a generous 5,000-square-foot lot with R-2 zoning, the property offers outdoor space and flexibility rarely found in a home of this size. Alley access and a detached one-car garage provide additional convenience. Enjoy close proximity to Old Colorado City's local boutiques, restaurants, galleries, and neighborhood amenities. Whether you're seeking a low-maintenance primary residence or exploring investment opportunities, this property offers an appealing combination of location, thoughtful updates, and potential. A pre-listing inspection has been completed, with select cosmetic finishing touches currently being finalized. Adding to the property's appeal, the R-2 zoned lot with alley access offers potential for an Accessory Dwelling Unit (ADU), creating exciting possibilities for multigenerational living, guest accommodations, or future rental income. A fantastic opportunity to maximize the property's versatility and long-term potential!

11 N 13th St, Colorado Springs

Courtesy of Summit Ridge Group LLC. 719-233-2410

411 Lakewood Cir Unit B1011, Colorado Springs
$120,000
1 Beds ⋅ 1 Baths ⋅ 864 SqFt. ⋅ ACTIVE Status
Resort-Style Living with Stunning Views at the Historic Satellite Hotel Experience a unique blend of comfort, convenience, and resort-style living in this beautifully appointed one-bedroom condo in the iconic, historic and landmark Satellite Hotel\! Enjoy gorgeous mountain views, scenic golf course views, and a sparkling pool view—all from the comfort of your own home. This inviting condo features trendy stained concrete flooring, stainless steel appliances, and a spacious, open feel. One of the standout features is the expansive balcony that spans the entire length of the condo, with direct walk-out access from every room\! Start your morning with coffee overlooking the mountains or unwind in the evening while enjoying the beautiful surroundings. **Furniture is negotiable**, making this an easy opportunity for a move-in-ready home or turnkey retreat. The Satellite Hotel offers a lifestyle unlike any other, with an impressive array of amenities and services. Enjoy an on-site restaurant, bar with entertainment, spas, barbershop, art gallery, and two welcoming sitting areas in the grand lobby. Become part of a vibrant community with social groups, activities, and exclusive events just for owners. The HOA includes **ALL UTILITIES**, security, concierge services, maintenance, RV parking, and discounted hotel stays. Enjoy the convenience of hotel-style amenities and the freedom of a low-maintenance, lock-and-leave lifestyle\! Whether you're looking for a full-time residence, a weekend retreat, or an investment in a distinctive lifestyle, this one-of-a-kind property offers a rare opportunity to enjoy incredible views, exceptional amenities, and a welcoming community. **Leave the maintenance behind and embrace the lifestyle\! Welcome home to the historic Satellite Hotel\!**

411 Lakewood Cir Unit B1011, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

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