Step into this fully custom 5-bedroom, 3.5-bath home designed for both luxury living and unique functionality. Built-in salon spa complete with a spray tan booth and a large pocket door, allowing you to seamlessly separate your business the main living area—perfect for entrepreneurs or creatives working from home. The main floor features stunning white oak flooring along with all-white oak stairs that add a clean, modern feel. The open-concept layout creates a bright, flowing space ideal for everyday living and entertaining. The spacious updated kitchen offers plenty of room to cook, gather, and host. The entire home has been freshly painted, giving it a crisp, move-in-ready finish. Downstairs, the fully renovated basement showcases brand-new ceramic tile, providing a versatile space for a media room, gym, or additional living area as well as a bathroom, bedroom and storage closet. Outside, enjoy a low-care taking lifestyle with fully installed turf and a backyard designed for entertaining. The stamped concrete patio and landscaped layout make it perfect for hosting parties, gatherings, or relaxing evenings. For added peace of mind, the home is equipped with a professionally installed security system. This one-of-a-kind property blends style, practicality, and entrepreneur potential—all in one exceptional home.
For sale
Price cut: $20K (6/8)
$548,888
2505 Reed Grass Way, Colorado Springs, CO 80915
5beds
2,825sqft
Single Family Residence
Built in 2013
7,061 Square Feet Lot
$-- Zestimate®
$194/sqft
$40/mo HOA
What's special
Fully renovated basementBrand-new ceramic tileBackyard designed for entertainingLandscaped layoutStunning white oak flooringAll-white oak stairsBuilt-in salon spa
- 65 days |
- 298 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Greg Hanson 720-605-7655,
TRELORA Realty
Source: elevateMLS,MLS#: 7298199
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Other
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 13 x 15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator
Features
- Flooring: Tile, Wood
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,825
- Total interior livable area: 2,825 sqft
- Finished area above ground: 2,035
- Finished area below ground: 790
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete Driveway
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,061 Square Feet
- Features: See Remarks
Details
- Parcel number: 5405106001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Masonite, Stone, Frame
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 2013
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $480 annually
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $495,713
- Annual tax amount: $2,663
- Date on market: 4/22/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $548,888-3.5%$194/sqft |
Source: | ||
| 4/29/2026 | Price change | $568,888-5%$201/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $598,888+57.6%$212/sqft |
Source: | ||
| 11/24/2020 | Sold | $380,000+1.3%$135/sqft |
Source: Public Record Report a problem | ||
| 10/8/2020 | Listed for sale | $375,000+36.4%$133/sqft |
Source: Brokers Guild Real Estate #5178162 Report a problem | ||
| 3/10/2016 | Sold | $275,000+0.9%$97/sqft |
Source: Public Record Report a problem | ||
| 2/1/2016 | Pending sale | $272,500$96/sqft |
Source: RE/MAX PROPERTIES, INC #7192668 Report a problem | ||
| 1/25/2016 | Listed for sale | $272,500+7.7%$96/sqft |
Source: RE/MAX Properties, Inc. #7192668 Report a problem | ||
| 3/21/2014 | Sold | $253,060+416.4%$90/sqft |
Source: Public Record Report a problem | ||
| 7/10/2013 | Sold | $49,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,663 +15.1% | $33,210 |
| 2023 | $2,314 -3.6% | $33,210 +38.1% |
| 2022 | $2,400 | $24,050 -2.8% |
| 2021 | -- | $24,740 +15% |
| 2020 | $2,093 +0.6% | $21,510 |
| 2019 | $2,079 +19.6% | $21,510 +13.4% |
| 2018 | $1,739 -6.1% | $18,970 |
| 2017 | $1,852 +6.5% | $18,970 -2.4% |
| 2016 | $1,739 -0.4% | $19,430 |
| 2015 | $1,747 +1.5% | $19,430 +3% |
| 2014 | $1,721 | $18,870 |
| 2013 | -- | -- |
| 2012 | -- | $4,080 |
| 2011 | $505 | $4,080 -29% |
| 2010 | -- | $5,750 +5.1% |
| 2009 | -- | $5,470 -36.2% |
| 2008 | -- | $8,580 +111.3% |
| 2006 | -- | $4,060 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cimarron Hills
Nearby schools
GreatSchools rating
- 5/10Evans Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Horizon Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Sand Creek High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: District 49
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- El Paso County
- Colorado Springs
- 80915
- Cimarron Hills
- 2505 Reed Grass Way
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