A Note to This Home's Future Buyer: This is for the buyer who has been scrolling listings for a while now. You've seen some homes, but haven't found the deal you know is out there — you just haven't found it yet. Until now. What you're looking for is instant value. Look no further. This 2-story 4-bedroom, 3-bathroom home in Cimarron Hills is 3,367 square feet and priced below market — intentionally. It needs some paint and carpet, a little delayed TLC, and a buyer who isn't afraid of a few weekend home projects. In return, you get a home this size, at this price, with equity waiting for you on day one. Walk in the front door and you'll find a sitting room that opens into a spacious living room and kitchen with an open floor concept. The kitchen has granite countertops, tons of cabinet storage, an island with bar seating, and a built-in wine rack tucked off to the side — just across from the half bath. Head upstairs and the loft hits you immediately — open, airy, flooded with natural light. Work from home? You just found your office. Down the hall are three bedrooms, a full bath, and a laundry room that's actually where it should be: upstairs with the bedrooms and closets, where the laundry lives. The primary suite is at the end of the hall and it delivers: walk-in closet, 5-piece ensuite bath, and enough space to actually exhale at the end of the day. The unfinished basement is a blank canvas waiting on your vision — game room, movie room, downstairs library and chill space, you name it. Until then, use it as a home gym or extra storage. No pressure, no timeline. Just possibility. Out back, there's a fully fenced yard with a large stamped-concrete patio that is genuinely just waiting on you. A few chairs, a fire pit, some string lights — and that's your summer and fall nights right there. You're close to everything on Powers: groceries, restaurants, the Cinemark theater at First & Main. If you're military or work on base, Peterson is practically in your backyard and Fort Carson is an easy 20–30 minute commute. This home needs some cosmetic love, but nothing standing between a motivated buyer and move-in day. If you're looking for the best deal per square foot in the area, this is it — build your own equity from day one instead of overpaying for someone else's renovations.
For sale
$450,000
2515 Reed Grass Way, Colorado Springs, CO 80915
4beds
3,367sqft
Single Family Residence
Built in 2013
6,856 Square Feet Lot
$-- Zestimate®
$134/sqft
$39/mo HOA
What's special
Fully fenced yardUnfinished basementTons of cabinet storageGranite countertopsBuilt-in wine rackIsland with bar seating
- 5 days |
- 321 |
- 27 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Maia Karvakko 719-233-8606,
HomeSmart Preferred Realty
Source: elevateMLS,MLS#: 7184867
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Level: Upper
- Area: 204 Square Feet
- Dimensions: 17 x 12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Upper Level
Features
- 5-Pc Bath, Breakfast Bar, Pantry
- Flooring: Carpet, Ceramic Tile, Wood
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,367
- Total interior livable area: 3,367 sqft
- Finished area above ground: 2,359
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Concrete
- Fencing: Back Yard
Lot
- Size: 6,856 Square Feet
- Features: See Remarks, HOA Required $, Landscaped
Details
- Parcel number: 5405406005
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Frame
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 2013
Utilities & green energy
- Water: Assoc/Distr
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Parks or Open Space
HOA
- Has HOA: Yes
- Services included: Covenant Enforcement, Management
- HOA fee: $472 annually
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $520,706
- Annual tax amount: $3,172
- Date on market: 6/19/2026
- 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 |
|---|---|---|
| 6/19/2026 | Listed for sale | $450,000+74.5%$134/sqft |
Source: | ||
| 10/4/2013 | Sold | $257,845$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,821 +18.3% | $34,890 |
| 2023 | $2,386 -3.6% | $34,890 +40.7% |
| 2022 | $2,475 | $24,800 -2.8% |
| 2021 | -- | $25,510 +11.5% |
| 2020 | $2,226 +0.6% | $22,880 |
| 2019 | $2,212 +17.2% | $22,880 +11.1% |
| 2018 | $1,888 -6.1% | $20,590 |
| 2017 | $2,010 +6.5% | $20,590 +0.4% |
| 2016 | $1,888 +2.4% | $20,500 |
| 2015 | $1,843 +1.6% | $20,500 +3% |
| 2014 | $1,815 | $19,900 |
| 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
- 2515 Reed Grass Way
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