Beautifully remodeled and move-in ready, this stunning ranch-style home in the highly sought-after Skyway neighborhood offers nearly 3,000 square feet of thoughtfully updated living space. With five bedrooms and three beautifully renovated bathrooms, there is room for everyone to spread out and enjoy. The main level features a spacious primary suite designed with a luxurious four-piece bath offering dual vanities and a walk-in shower. The updated kitchen shines with quartz countertops and upgraded stainless steel appliances, flowing seamlessly into the main living areas. Two additional bedrooms, a full bathroom, and a generous bonus room—perfect as a formal dining space, second living area, or flex room—complete the main floor. Downstairs, the finished lower level provides even more living space with a large family room, an additional bedroom, and another fully updated bathroom—ideal for guests or multi-generational living. Located within walking distance to Skyway Elementary and just around the corner from the neighborhood’s beloved Little Dipper Pool, this home is perfectly positioned for both convenience and community. Situated in the highly regarded District 12 school district and close to shopping, dining, The Broadmoor, and easy access to I-25, this home truly offers the best of Skyway living.
Under contract
Price cut: $20K (7/7)
$615,000
1002 Milky Way, Colorado Springs, CO 80905
5beds
2,802sqft
Single Family Residence
Built in 1955
8,224 Square Feet Lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Spacious primary suiteLuxurious four-piece bathFive bedroomsUpgraded stainless steel appliancesFinished lower levelQuartz countertopsLarge family room
- 206 days
- 225
- 2
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Piggot 719-210-8433,
The Cutting Edge,
Kaye Piggot 719-310-8113
Source: elevateMLS,MLS#: 2888179
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Other
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
- Laundry: In Basement
Features
- Flooring: Carpet, Ceramic Tile, Wood Laminate
- Basement: Full,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Two
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,802 sqft
- Finished area above ground: 1,554
- Finished area below ground: 1,248
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete Driveway
- Attached garage spaces: 2
Features
- Patio & porch: Covered, Wood Deck
- Fencing: Back Yard
Lot
- Size: 8,224 Square Feet
- Features: Corner Lot, Hiking Trail, Near Park, Near Schools
Details
- Parcel number: 7424305017
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding, Frame
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $579,071
- Annual tax amount: $2,239
- Date on market: 2/26/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Pending sale | $615,000$219/sqft |
Source: | ||
| 8/24/2026 | Contingent | $615,000$219/sqft |
Source: | ||
| 7/7/2026 | Price change | $615,000-3.1%$219/sqft |
Source: | ||
| 6/14/2026 | Price change | $635,000-1.9%$227/sqft |
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| 4/29/2026 | Price change | $647,500-1.9%$231/sqft |
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| 3/18/2026 | Price change | $659,900-2.2%$236/sqft |
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| 2/26/2026 | Listed for sale | $675,000+92%$241/sqft |
Source: | ||
| 8/28/2025 | Sold | $351,515-12.1%$125/sqft |
Source: | ||
| 8/14/2025 | Pending sale | $400,000$143/sqft |
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| 8/14/2025 | Contingent | $400,000$143/sqft |
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| 8/11/2025 | Listed for sale | $400,000$143/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,239 +4.7% | $40,820 +12.5% |
| 2024 | $2,140 +58.6% | $36,290 |
| 2023 | $1,349 -5.4% | $36,290 +35.7% |
| 2022 | $1,426 | $26,750 -2.8% |
| 2021 | -- | $27,530 +19% |
| 2020 | $1,147 +1.2% | $23,130 |
| 2019 | $1,134 +20% | $23,130 +13.8% |
| 2018 | $945 -0.4% | $20,320 |
| 2017 | $948 +0.4% | $20,320 +3.1% |
| 2016 | $945 +14.8% | $19,700 |
| 2015 | $823 +18.1% | $19,700 +10% |
| 2014 | $697 | $17,910 |
| 2013 | -- | -- |
| 2012 | -- | $18,470 |
| 2011 | $1,172 | $18,470 -5% |
| 2010 | -- | $19,440 |
| 2009 | -- | $19,440 +8.1% |
| 2008 | -- | $17,990 |
| 2006 | -- | $17,990 +28.8% |
| 2004 | -- | $13,970 |
| 2003 | $1,021 +2.9% | $13,970 -13% |
| 2002 | $992 +3% | $16,050 +13.3% |
| 2001 | $962 | $14,170 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southwest Colorado Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Skyway Park
- Middle: Cheyenne Mountain
- High: Cheyenne Mountain
- District: Cheyenne Mtn-12
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





