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For sale
    • Price cut: $50K (7/21)
    $1,250,000

    1607 W Pikes Peak Ave, Colorado Springs, CO 80904

    7beds
    4,281sqft
    : 
    $7,337/mo
    Get pre-qualified
    Single Family Residence
    Built in 1899
    7,501 Square Feet Lot
    $-- Zestimate®
    $292/sqft
    $-- HOA

    What's special

    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.
    88 days
    |
    467
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dave Kaercher ABR C2EX CDPE GRI SFR 719-331-5307,

    RE/MAX Real Estate Group LLC

    Source: elevateMLS,MLS#: 3289895MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 4
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Other
      • Level: Upper
      • Area: 234 Square Feet
      • Dimensions: 13 x 18
      Heating
      • Electric, Natural Gas, Other, See Prop Desc Remarks
      Cooling
      • Ceiling Fan(s), Central Air, See Prop Desc Remarks, Wall Unit(s)
      Appliances
      • Included: Dishwasher, Dryer, Indoor Grill, Gas in Kitchen, Microwave, Other, Range, Refrigerator, Washer
      • Laundry: In Basement, Main Level
      Features
      • 5-Pc Bath, Skylight (s), Vaulted Ceiling(s), See Prop Desc Remarks, Breakfast Bar, High Speed Internet, Pantry
      • Flooring: Carpet, Tile, Vinyl/Linoleum, Wood, Wood Laminate
      • Windows: Window Coverings
      • Basement: Partial,Partially Finished
      • Has fireplace: Yes
      • Fireplace features: Electric, Gas
      Interior area
      • Total structure area: 4,281
      • Total interior livable area: 4,281 sqft
      • Finished area above ground: 3,741
      • Finished area below ground: 540
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage Available, Garage Amenities (None), Concrete Driveway
      • Has garage: Yes
      Accessibility
      • Accessibility features: See Prop Desc Remarks
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Composite, Covered, Enclosed, Wood Deck, See Prop Desc Remarks
      • Exterior features: Auto Sprinkler System
      • Has spa: Yes
      • Spa features: Hot Tub/Spa
      • Fencing: Front Yard,Back Yard
      • Has view: Yes
      • View description: Mountain(s), View of Pikes Peak
      Lot
      • Size: 7,501 Square Feet
      • Features: Level, Wooded, Hiking Trail, Near Fire Station, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Landscaped
      Details
      • Additional structures: Storage, Other, See Remarks
      • Parcel number: 7412332002
      • Other equipment: Sump Pump

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Masonite, Stucco, Wood Siding, Framed on Lot, Frame
      • Foundation: Other
      • Roof: Other
      Condition
      • Existing Home
      • New construction: No
      • Year built: 1899

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Community Center, Dining, Garden Area, Parks or Open Space, Playground, Shops, See Prop Desc Remarks
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $292/sqft
      • Tax assessed value: $955,700
      • Annual tax amount: $3,305
      • Date on market: 5/12/2026
      • Listing terms: Assumable,Cash,Conventional,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$1,250,000-3.8%$292/sqft
        Source: elevateMLS #3289895 Report a problem
        5/12/2026Listed for sale$1,300,000+8.3%$304/sqft
        Source: elevateMLS #3289895 Report a problem
        1/31/2026Listing removed$1,900
        Source: Zillow Rentals Report a problem
        1/15/2026Listed for rent$1,900
        Source: Zillow Rentals Report a problem
        8/3/2025Listing removed$1,200,000$280/sqft
        Source: elevateMLS #6504046 Report a problem
        7/15/2025Price change$1,200,000-7.7%$280/sqft
        Source: elevateMLS #6504046 Report a problem
        6/9/2025Listed for sale$1,300,000+39.8%$304/sqft
        Source: elevateMLS #6504046 Report a problem
        7/7/2021Sold$930,000+8.3%$217/sqft
        Source: Public Record Report a problem
        6/8/2021Contingent$859,000$201/sqft
        Source: elevateMLS #5765680 Report a problem
        6/4/2021Listed for sale$859,000+123.7%$201/sqft
        Source: elevateMLS #5765680 Report a problem
        10/31/2016Sold$384,000-1.3%$90/sqft
        Source: Public Record Report a problem
        9/5/2016Price change$389,000-2.5%$91/sqft
        Source: RE/MAX REAL ESTATE GROUP #9515948 Report a problem
        6/29/2016Price change$399,000-3.9%$93/sqft
        Source: RE/MAX REAL ESTATE GROUP #9515948 Report a problem
        6/15/2016Price change$415,000-2.4%$97/sqft
        Source: RE/MAX REAL ESTATE GROUP #9515948 Report a problem
        5/22/2016Pending sale$425,000$99/sqft
        Source: RE/MAX REAL ESTATE GROUP #9515948 Report a problem
        5/22/2016Listed for sale$425,000+6.5%$99/sqft
        Source: RE/MAX REAL ESTATE GROUP #9515948 Report a problem
        1/20/2015Listing removed$399,000$93/sqft
        Source: RE/MAX REAL ESTATE GROUP #4864504 Report a problem
        1/6/2015Listed for sale$399,000$93/sqft
        Source: RE/MAX Real Estate Group #4864504 Report a problem
        12/4/2014Listing removed$399,000$93/sqft
        Source: RE/MAX REAL ESTATE GROUP #4864504 Report a problem
        10/17/2014Price change$399,000-2.4%$93/sqft
        Source: RE/MAX REAL ESTATE GROUP #4864504 Report a problem
        10/15/2014Price change$409,000-1.4%$96/sqft
        Source: RE/MAX REAL ESTATE GROUP #4864504 Report a problem
        9/13/2014Listed for sale$415,000+109.1%$97/sqft
        Source: RE/MAX REAL ESTATE GROUP #4864504 Report a problem
        9/24/2009Sold$198,500+69.7%$46/sqft
        Source: Public Record Report a problem
        2/18/2005Sold$117,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,172 +124.7%$64,030
        2023$1,412 -7.8%$64,030 +153.8%
        2022$1,531 $25,230 -2.8%
        2021-- $25,950 -6%
        2020$1,873 +0.5%$27,600
        2019$1,863 +39.6%$27,600 +43.8%
        2018$1,334 -5.3%$19,200
        2017$1,409 +5.6%$19,200 +3%
        2016$1,334 +23.5%$18,640
        2015$1,081 +4.3%$18,640 +8.2%
        2014$1,036 $17,220
        2013-- --
        2011$875 $16,720 +12.7%
        2010-- $14,830
        2009-- $14,830 +1%
        2008-- $14,680
        2006-- $14,680 +16.7%
        2004-- $12,580
        2003$811 +3.7%$12,580 -11.7%
        2002$782 -8.1%$14,250 -2.7%
        2001$850 $14,650
        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.
        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.
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        Climate risks

        Neighborhood: Old Colorado City

        Getting around

        80 / 100
        Very Walkable
        29 / 100
        Some Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West
        • Middle: West
        • High: Coronado
        • 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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