Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!
Lot/land
$399,000
703 E Costilla St, Colorado Springs, CO 80903
--beds
--baths
9,500Square Feet
Land
Built in ----
9,500 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Amazing mountain viewsCorner lot
- 100 days |
- 35 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Jones 719-308-6055,
Better Homes and Gardens Real Estate Kenney & Company,
Michael Kenney 719-459-0168
Source: elevateMLS,MLS#: 8066314
Facts & features
Property
Features
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 9,500 Square Feet
- Features: Corner Lot, Level, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
- Topography: Level
Details
- Parcel number: 6417312013
Utilities & green energy
- Water: See Remarks
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Tax assessed value: $204,250
- Annual tax amount: $3,155
- Date on market: 4/9/2026
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
$1,507/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $399,000-25.4% |
Source:  elevateMLS #8066314 Report a problem | ||
| 11/3/2025 | Listing removed | $535,000 |
Source: elevateMLS #7590974 Report a problem | ||
| 5/7/2025 | Price change | $535,000-14.4% |
Source: elevateMLS #7590974 Report a problem | ||
| 3/13/2025 | Listed for sale | $624,900-16.7% |
Source: elevateMLS #7590974 Report a problem | ||
| 5/30/2024 | Listing removed | -- |
Source: elevateMLS #5434797 Report a problem | ||
| 4/17/2024 | Price change | $750,000-3.2% |
Source: elevateMLS #5434797 Report a problem | ||
| 3/1/2024 | Listed for sale | $775,000 |
Source: elevateMLS #5434797 Report a problem | ||
| 12/29/2023 | Listing removed | -- |
Source: elevateMLS #5434797 Report a problem | ||
| 6/8/2023 | Listed for sale | $775,000+269% |
Source: elevateMLS #5434797 Report a problem | ||
| 6/8/2021 | Sold | $210,000+100% |
Source: Public Record Report a problem | ||
| 7/17/2019 | Sold | $105,000+16.7% |
Source: Public Record Report a problem | ||
| 12/21/2018 | Sold | $90,000-14.2% |
Source: Public Record Report a problem | ||
| 8/18/2018 | Listed for sale | $104,900+84% |
Source: Summit Ridge Group Llc #3525763 Report a problem | ||
| 9/17/2014 | Sold | $57,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,461 +513.7% | $56,990 |
| 2023 | $1,542 -5.2% | $56,990 +106.9% |
| 2022 | $1,626 | $27,550 |
| 2021 | -- | $27,550 +46.2% |
| 2020 | $1,279 +0.5% | $18,850 |
| 2019 | $1,272 +19.8% | $18,850 +23.4% |
| 2018 | $1,062 -5.3% | $15,280 |
| 2017 | $1,121 +5.6% | $15,280 +134% |
| 2016 | $1,062 +180.5% | $6,530 |
| 2015 | $379 +3.3% | $6,530 +7.2% |
| 2014 | $366 | $6,090 |
| 2013 | -- | -- |
| 2012 | -- | $6,090 |
| 2011 | $374 | $6,090 -3.9% |
| 2010 | -- | $6,340 |
| 2009 | -- | $6,340 +8.6% |
| 2008 | -- | $5,840 |
| 2006 | -- | $5,840 +15% |
| 2004 | -- | $5,080 |
| 2003 | $274 +3.7% | $5,080 +5.4% |
| 2002 | $264 +12.2% | $4,820 +18.7% |
| 2001 | $236 | $4,060 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Central Colorado Springs
Nearby schools
GreatSchools rating
- 1/10Hunt Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 6/10North Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Palmer High SchoolGrades: 9-12Distance: 0.9 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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