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Wayne Pinegar

wayne.pinegar@engelvoelkers.com +1(719) 460-4649

Listed by Dave Kaercher ABR C2EX CDPE GRI SFR RE/MAX Real Estate Group LLC

$ 1,300,000

Est. payment -/mo

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1607 W Pikes Peak Avenue Colorado Springs, CO 80904

7,501 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type House W/Cottage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6434029

Construction Status Existing

Year Built 1899

Annual Tax Amount $3,305

Tax Year 2024

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type House W/Cottage

Source Pikes Peak REALTOR® Services

Property Description

This stunning property offers a rare opportunity to own a truly unique home while generating immediate income or accommodating multi-generational living. Ideally located in highly desirable Old Colorado City, the residence seamlessly blends historic charm with modern convenience. The original 1899 home showcases timeless character and craftsmanship, thoughtfully enhanced by a beautiful 2020 addition. At the heart of the home is a spacious, well-appointed kitchen featuring a gas range, farmhouse sink, and walk-in pantry. A bar seating area with a dedicated coffee station and breakfast bar overlooks the kitchen, creating the perfect gathering space. The expansive living room is warm and inviting, highlighted by a gas fireplace and large picture windows that fill the space with natural light. Up the first staircase, you'll find three generously sized bedrooms; two with original hardwood floors and one with a walk-in closet, along with a stylish ¾ bathroom featuring a glass-enclosed shower and additional storage. The second staircase leads to a private primary suite retreat. This luxurious space includes a versatile flex area ideal for a sitting room, office, or fitness space. Beyond charming barn doors, the bedroom accommodates a king-size layout with an additional sitting area, a spacious 6x12 walk-in closet, and a chic five-piece ensuite complete with a freestanding soaking tub, tile shower, and a mounted TV for ultimate relaxation. The newly renovated basement has it's own entrance to function as a rental unit; complete with a kitchenette, full bathroom, laundry, a comfortable bedroom, and it's own deck. Outside, the private yard leads to a fully redesigned cottage offering exceptional income potential. The main level studio is ideal for short-term rentals, while the upper-level one-bedroom apartment is perfectly suited for mid-term tenants. With proven rental history and endless possibilities, this property is a rare and versatile investment and stunning home.

Location

State CO

County El Paso

Rooms

Basement Partial Basement

Interior

Heating Electric, Natural Gas, Other, See Prop Desc Remarks

Cooling Ceiling Fan(s), Central Air, See Prop Desc Remarks, Wall Unit(s)

Fireplaces Type Electric, Gas, See Remarks

Furnishings Existing

Window Features Vinyl

Appliance Dishwasher, Dryer, Gas Grill, Gas in Kitchen, Microwave Oven, Other, Range, Refrigerator, Washer

Laundry Electric Hook-up

Exterior

Garage Spaces 4.0

Carport Spaces 4

Fence Front, Rear

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Other

Accessibility See Prop Desc Remarks

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 7412332002

Acceptable Financing Assumable, Cash, Conventional, VA

Listing Terms Assumable, Cash, Conventional, VA

Virtual Tour https://listings.blackclovermedia.org/sites/rgbxkoqz/unbranded

NEARBY SCHOOLS & PROPERTIES

Wayne Pinegar

Managing Broker | License ID: EA40032318

+1(719) 460-4649

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