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  3. Interior
  4. Exterior
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Status: Active

1223 W Pikes Peak Ave 
Colorado Springs, CO 80904

2% Drop

$610,000

$599,000

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Charming turn-of-the-century home in Old Colorado City, complete with a modern 1-bed, 1-bath cottage perfect for multigenerational living, short- or long-term rental income, or a flexible combination of both. Just blocks from vibrant restaurants, eclectic shops, and local galleries—and only a 5-minute drive to downtown—this unique residence offers the ideal blend of historic character and modern living. The front house features 3 beds, 2 baths, soaring 9’ ceilings on the main level, and a layout that balances functionality with undeniable character. Beautiful wood flooring guides you from the cozy living room into the open dining area and kitchen, and continues into a bonus main-level office with a separate exterior entrance—ideal for remote work, potential guest space, or a 4th bedroom. French doors off the kitchen open to a large composite deck (updated in 2020) that overlooks a lush backyard retreat complete with peach, cherry, apple, and plum trees, garden beds, and a storage shed. Recent updates include a new roof, newer carpet throughout the front home, updated vinyl windows on the main level, and kitchen appliances replaced in 2023 (microwave, fridge, and dishwasher). A partial basement and generous closet space provide plenty of storage. Out front, a welcoming covered porch with composite decking invites you to enjoy the peaceful charm of the neighborhood, while a fully fenced yard and electronically controlled rear gate offer privacy and secure off-street parking from the alley. The 448sqft cottage with loft, built in 2022, has its own address—1235 W. Pikes Peak Avenue—and separate utilities, making it a true stand-alone unit. Featuring a tankless water heater, mini-split heating and cooling, electric hook-ups for a stove & washer/dryer, exterior EV charging outlet, and modern finishes throughout, this space is perfect as a rental, guest house, or extended family suite.
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Bedrooms
3
Baths
2
House Size
1,762 sqft
Year Built
1895
Lot Size
0.17 ac
School District
Colorado Springs 11

Location

Market Insights

In the last 30 days, homes for sale in Old Colorado City, Colorado Springs, CO were on the market for a median of 38 days and 14.29% of homes sold above list price.

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Interior Information

basement
Partial
cooling
Ceiling Fan(s)
Evaporative Cooling
fireplace
None
heating
Forced Air

Exterior Information

fence
Fenced
roof
Shingle

Property Information

architectural style
1.5 Story
construction
Metal Siding
Frame
  • Listed By Amanda Schneider MRP SFR
  • amanda@amalininvestments.com
  • Amanda Schneider
  • (719) 331-7705
  • MLS 2665051

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2021$1,288 (-7.8%)$51,300$279,778$331,078 (+15%)
2020$1,397$43,700$244,194$287,894

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$3,463

30 year fixed·6.9% interest rate
Principal & Interest
$3,156
Property Taxes
$107
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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