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.
Pending
$615,000
1002 Milky Way, Colorado Springs, CO 80905
5beds
2,802sqft
Single Family Residence
Built in 1955
8,225 Square Feet Lot
$599,600 Zestimate®
$219/sqft
$-- HOA
What's special
- 263 days
- 48
- 0
Zillow last checked:
Listing updated:
Listed by:
Kathleen Piggot 719-310-8113,
The Cutting Edge
Source: REcolorado as distributed by MLS GRID,MLS#: 9679000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bathroom
- Features: En Suite Bathroom
- Level: Main
Bathroom
- Features: En Suite Bathroom
- Level: Main
Bathroom
- Level: Basement
Bonus room
- Level: Main
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Air Conditioning-Room
Features
- Flooring: Carpet, Laminate, Tile
- Basement: Full
- Number of fireplaces: 2
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,802 sqft
- Finished area above ground: 1,554
- Finished area below ground: 1,028
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,225 Square Feet
Details
- Parcel number: 7424305017
- Zoning: R1-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Skyway Park
HOA
- Has HOA: No
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: 2/27/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Staging Items
- Ownership: Agent Owner
Estimated market value
$599,600
$570,000 - $630,000
$3,327/mo
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 |
Source: | ||
| 4/29/2026 | Price change | $647,500-1.9%$231/sqft |
Source: | ||
| 3/18/2026 | Price change | $659,900-2.2%$236/sqft |
Source: | ||
| 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 |
Source: | ||
| 8/14/2025 | Contingent | $400,000$143/sqft |
Source: | ||
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southwest Colorado Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Skyway
- Middle: Cheyenne Mountain
- High: Cheyenne Mountain
- District: Cheyenne Mountain 12
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







