1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
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Status: Active

7340 Waterwheel St 
Colorado Springs, CO 80911

$425,000

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Spacious and Inviting 5-Bedroom Home with Exceptional Features Near Ft. Carson! Welcome to this beautifully appointed and thoughtfully designed four-level residence, offering the perfect blend of comfort, functionality, and style. With 5 generous bedrooms, 3 full bathrooms, and over 2,500 square feet of versatile living space, this home is an exceptional opportunity for those seeking space, convenience, and character—all within minutes of Ft. Carson. Upon entering, you’re greeted by gleaming LVP floors, an abundance of natural light, and a fluid open-concept layout that effortlessly connects the living, dining, and kitchen areas. The kitchen is equipped with new granite countertops, and newer stainless steel appliances ideal for everyday living or entertaining guests. Upstairs, you’ll find three well-appointed bedrooms, including a private primary suite featuring an elegant travertine fireplace, creating a cozy retreat. A second full bathroom completes the upper level. The lower levels expand the home's livability with a spacious family room centered around a gas fireplace, two additional bedrooms, another full bathroom, and a dedicated office space—perfect for remote work or study. Step outside to enjoy a fully fenced backyard, complete with a newer oversized deck, ideal for entertaining, outdoor dining, or relaxing under the Colorado sky. An oversized two-car garage provides ample storage, plus additional off-street parking suitable for a truck or trailer. Bonus features include an archery block, basketball hoop (no backboard), and paid-off solar panels covering approximately 90% of utility cost. A truly rare combination of space, upgrades, and location—this home is a must-see.
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Bedrooms
5
Baths
3
House Size
2,394 sqft
Year Built
1987
Lot Size
0.16 ac
School District
Widefield-3

Location

Market Insights

In the last 30 days, homes for sale in Widefield, CO were on the market for a median of 48 days and 17.24% of homes sold above list price.

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Interior Information

basement
Crawl Space
cooling
Ceiling Fan(s)
fireplace
Wood Burning
Basement
Electric
heating
Forced Air

Exterior Information

roof
Shingle

Property Information

architectural style
4-levels
construction
Wood Siding
lot
Level
parking
Attached
  • Listed By Erica Archambault MRP
  • Erica@militaryhomesearch.com
  • Exp Realty LLC
  • (888) 440-2724
  • MLS 5117404

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$1,871 (+2.7%)$72,000$381,410$453,410 (0%)
2023$1,822 (+22.4%)$72,000$381,410$453,410 (+47.6%)
2022$1,488 (0%)$49,000$258,184$307,184 (0%)
2021$1,488 (-7.6%)$49,000$258,184$307,184 (+16.2%)
2020$1,610$43,000$221,327$264,327

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$2,595

30 year fixed·6.9% interest rate
Principal & Interest
$2,239
Property Taxes
$156
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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