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Sold for $550,000
  • $550,000

    4940 Topaz Dr, Colorado Springs, CO 80918

    5beds
    3,300sqft
    Single Family Residence
    Built in 1967
    0.54 Acres Lot
    $543,100 Zestimate®
    $167/sqft
    $2,894 Estimated rent

    Home value

    $543,100

    $516,000 - $570,000

    $2,894/mo

    Zestimate® history
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    $2,894/mo

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    $3,223/mo

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    $3,223/mo

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    What's special

    Oversized garageNatural shade
    Discover a rare half acre retreat in the heart of Colorado Springs, perfectly located near Austin Bluffs and Academy with quick access to shopping, dining, parks, and commuter routes. This property offers an uncommon sense of space and privacy while still being close to every city amenity. The grounds feature an impressive number of mature trees that create natural shade and a peaceful atmosphere throughout the lot. An oversized garage and a separate storage shed provide excellent space for tools, projects, and equipment. With CSU electric and gas plus the benefit of a private well and septic system, the property combines convenience with added independence. The home has been meticulously maintained through the years, offering a strong foundation for your personal touches. System upgrades, including the electrical service, air conditioning and furnace, and water heater, have been completed with care. With these improvements already handled, you can invest your energy into customizing the spaces that matter most to you. Come experience the privacy, greenery, and quiet setting that make this property feel like a hidden getaway in the middle of town. Walk the grounds, take in the trees, and imagine the possibilities that come with so much room to create a home that truly reflects your vision.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Johnson 719-930-5169,

    Keller Williams Premier Realty,

    Austin Conant 210-960-5044

    Bought with:

    Jessica Pero

    Redfin Corporation

    Source: elevateMLS,MLS#: 6982916MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • 3/4 bathrooms: 3
    Other
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14 x 11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Oven, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Pantry
    • Flooring: Carpet, Vinyl/Linoleum
    • Basement: Full,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: One
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft
    • Finished area above ground: 1,766
    • Finished area below ground: 1,534

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Workshop in Garage, Concrete Driveway, Gravel Driveway
    • Attached garage spaces: 2
    Features
    • Patio & porch: Composite
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s), View of Pikes Peak
    Lot
    • Size: 0.54 Acres
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: 6323303003

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Framed on Lot
    • Foundation: Walk Out
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Water: Well
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $661,624
    • Annual tax amount: $1,697
    • Date on market: 12/2/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/28/2026Sold$550,000-4.3%$167/sqft
    Source: elevateMLS #6982916 Report a problem
    1/3/2026Contingent$575,000$174/sqft
    Source: elevateMLS #6982916 Report a problem
    12/20/2025Listed for sale$575,000$174/sqft
    Source: elevateMLS #6982916 Report a problem
    12/15/2025Pending sale$575,000$174/sqft
    Source: elevateMLS #6982916 Report a problem
    12/2/2025Listed for sale$575,000$174/sqft
    Source: elevateMLS #6982916 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,911 +35.6%$44,330
    2023$1,409 -8.3%$44,330 +28.5%
    2022$1,538 $34,510 -2.8%
    2021-- $35,500 +19.3%
    2020$1,417 +0.5%$29,760
    2019$1,409 +30.3%$29,760 +23.8%
    2018$1,082 -5.7%$24,030
    2017$1,147 +6%$24,030 -2.3%
    2016$1,082 +23.3%$24,590
    2015$877 +7.8%$24,590 +8%
    2014$814 $22,770
    2013-- --
    2012-- $21,280
    2011$1,300 $21,280 -12%
    2010-- $24,170
    2009-- $24,170 +6%
    2008-- $22,800
    2006-- $22,800 +25.4%
    2004-- $18,180
    2003$641 -39.8%$18,180 -16.3%
    2002$1,063 +4.4%$21,720 +10.5%
    2001$1,019 $19,650
    Find assessor info on the county website

    Neighborhood: Northeast Colorado Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    Estimated market value
    $543,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $543,100