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For sale
  • Price cut: $20K (6/8)
    $499,900

    1159 E Madison St, Colorado Springs, CO 80907

    5beds
    2,280sqft
    : 
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    Single Family Residence
    Built in 1955
    8,746 Square Feet Lot
    $-- Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Hardwood floors just refinished. New carpet installed. Golf Course Living in the Heart of Patty Jewett! Opportunities like this don’t come around often—this home backs directly to the 5th hole of the Peak Course at the highly sought-after Patty Jewett Golf Course. Wake up to open views, mature landscaping, and the kind of setting that makes this neighborhood one of the most desirable in Colorado Springs. Inside, the home carries a warm mid-century feel, featuring hardwood floors, clean lines, and a functional ranch-style layout with 5 bedrooms and 2 bathrooms. Vinyl windows and central air conditioning add everyday comfort, while the walk-up basement provides flexibility for multigenerational living, guests, or a private retreat for a teen or parent. The outdoor space is where this property really shines. A covered patio—already equipped with 220V power—is ready for your future hot tub, making it the perfect place to relax and take in the golf course views year-round. The large detached 2-car garage offers plenty of room for vehicles, storage, or hobbies—ideal for buyers who need space for tools, toys, or projects. Additional features include stucco siding, a covered front porch, sprinkler system, and all appliances included—even the washer and dryer—making this a truly move-in-ready opportunity. For buyers with vision, there’s also room to elevate the home’s value and functionality. The kitchen could be expanded into the dining area to create a more open, modern layout, and a few thoughtful updates would go a long way toward transforming this property into something truly special. Whether you're drawn by the golf course setting, the character of the home, or the unbeatable location in the Patty Jewett area, this is a rare chance to own a property with both lifestyle and upside.
    68 days
    |
    619
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Dewey EPRO SRES SRS 719-499-3257,

    Tina Dewey Homes Realty

    Source: elevateMLS,MLS#: 9407731MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Basement
      • Area: 1140
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
      • Laundry: In Basement, Electric Hook-up
      Features
      • Flooring: Carpet, Tile, Wood
      • Windows: Window Coverings
      • Basement: Full,Finished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,280
      • Total interior livable area: 2,280 sqft
      • Finished area above ground: 1,140
      • Finished area below ground: 1,140

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Even with Main Level, Garage Door Opener, Oversized, Concrete Driveway
      • Garage spaces: 2
      Features
      • Patio & porch: Covered
      • Exterior features: Auto Sprinkler System
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Golf Course
      Lot
      • Size: 8,746 Square Feet
      • Features: On Golf Course, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
      Details
      • Parcel number: 6405220009

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Siding, Framed on Lot
      • Foundation: Walk Out
      • Roof: Composite Shingle
      Condition
      • Existing Home
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Features: Golf, Parks or Open Space, Playground
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $219/sqft
      • Tax assessed value: $527,296
      • Annual tax amount: $1,716
      • Date on market: 5/6/2026
      • 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

        DateEventPrice
        6/8/2026Price change$499,900-3.8%$219/sqft
        Source: elevateMLS #9407731 Report a problem
        5/26/2026Price change$519,900-5.5%$228/sqft
        Source: elevateMLS #9407731 Report a problem
        5/11/2026Price change$549,900-4.4%$241/sqft
        Source: elevateMLS #9407731 Report a problem
        5/6/2026Listed for sale$575,000$252/sqft
        Source: elevateMLS #9407731 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,599 +60.2%$35,330
        2023$998 -7.8%$35,330 +42.5%
        2022$1,083 $24,790 -2.8%
        2021-- $25,500 +18.8%
        2020$1,457 +0.5%$21,460
        2019$1,449 +15.2%$21,460 +18.6%
        2018$1,258 -5.3%$18,100
        2017$1,328 +5.6%$18,100 -0.1%
        2016$1,258 +19.8%$18,110
        2015$1,050 +4%$18,110 +8%
        2014$1,009 $16,770
        2013-- --
        2012-- $15,970
        2011$961 $15,970 -2%
        2010-- $16,290
        2009-- $16,290 +2%
        2008-- $15,970
        2006-- $15,970 +20.6%
        2004-- $13,240
        2003$824 +3.7%$13,240 -8.6%
        2002$794 +0.1%$14,480 +5.9%
        2001$793 $13,670
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central Colorado Springs

        Getting around

        42 / 100
        Car-Dependent
        28 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Taylor
        • Middle: North
        • High: Palmer
        • District: Colorado Springs 11

        Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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