519 Prairie Road Colorado Springs, CO 80909
Listing Courtesy of: MLS LogoelevateMLS / Listed By: eXp Realty LLC - Contact:  888-440-2724

  519 Prairie Road Colorado Springs, CO 80909

Active (1 Days)
$257,770 (USD)
2
BED
1
BATH
750
SQFT

Description

**Two Residences, R-5 Zoning & Redevelopment Potential!**

Calling all investors, builders, and visionaries! This unique property features two separate single-family residences on one lot, offering a variety of possibilities for the right buyer. The existing homes include a 2-bedroom, 1-bath residence and a separate 1-bedroom, 1-bath residence, along with two storage sheds. Previously used as a rental property with separate tenants, the lot features fencing that divides the two living areas, with gated access to each side.

Looking beyond the existing structures? The seller previously rezoned the property to R-5 with plans to develop a multifamily residence, and those plans are available for interested buyers to review. Explore the potential to renovate the existing homes, continue investigating the property's rental possibilities, or pursue a future redevelopment project, subject to applicable zoning requirements, due diligence, and necessary approvals.

This property presents an opportunity for buyers willing to put in the work and envision what this site could become. The property and existing structures are being sold in their present condition. Buyers are encouraged to independently verify zoning, permitted uses, rental requirements, development potential, and the feasibility of any proposed improvements.

Bring your vision and explore the possibilities this property has to offer!

MLS #:
8230813
Taxes
$801(2024)
Lot Size
7,500 SQFT
Type
Single-Family Home
Year Built
1935
School District
Colorado Springs 11
County
El Paso County

Listed By

Jaclyn Peterson, eXp Realty LLC, Contact: 888-440-2724
Source
elevateMLS
Last checked Nov 13 2026 at 7:56 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Kitchen
  • Refrigerator
  • Oven
Lot Information
  • Level
Heating and Cooling
  • Baseboard
  • None
Homeowners Association Information
  • Dues: $0/Not Applicable
Flooring
  • Carpet
Exterior Features
  • Wood
  • Roof: Composite Shingle
Utility Information
  • Utilities: Electricity Connected
  • Sewer: Sewer
Garage
  • Detached
Parking
  • Total: 1
Stories
  • Ranch
Living Area
  • 750 sqft
Additional Information: eXp Realty LLC | 888-440-2724
Location
   
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Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Most recently updated as of {11/12/26 23:56}.