Residential · Active

519 Prairie Road

Colorado Springs, CO 80909

2 Beds · 1 Baths · 750 Sq Ft

$257,770

Single Family

Property Type

0.17 acres

Lot Size

1935

Year Built

$344

Price per Sq Ft

1

Parking Spaces

8230813

MLS #

About This Property

**Two Residences, R-5 Zoning & Redevelopment Potential!**

Calling all investors, builders, and visionaries! This unique property features two separate single-family residences on one lot, offering a variety of possibilities for the right buyer. The existing homes include a 2-bedroom, 1-bath residence and a separate 1-bedroom, 1-bath residence, along with two storage sheds. Previously used as a rental property with separate tenants, the lot features fencing that divides the two living areas, with gated access to each side.

Looking beyond the existing structures? The seller previously rezoned the property to R-5 with plans to develop a multifamily residence, and those plans are available for interested buyers to review. Explore the potential to renovate the existing homes, continue investigating the property's rental possibilities, or pursue a future redevelopment project, subject to applicable zoning requirements, due diligence, and necessary approvals.

This property presents an opportunity for buyers willing to put in the work and envision what this site could become. The property and existing structures are being sold in their present condition. Buyers are encouraged to independently verify zoning, permitted uses, rental requirements, development potential, and the feasibility of any proposed improvements.

Bring your vision and explore the possibilities this property has to offer!

16 days on market

Listed by Jaclyn Peterson · Exp Realty LLC · 888-440-2724

Last updated: 11/13/2026 2:57 AM · Source: elevateMLS, MLS#: 8230813

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Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $344
MLS # 8230813
Days on Market 16
Bedrooms 2
Full Baths 1

More Details

Above-Grade Sq Ft 750
Year Built 1935
Lot Size (Sq Ft) 7,500
Acres 0.1722
HOA Fee $0
Annual Taxes $801
Tax Year 2024
State CO
County El Paso

Interior

Total Rooms 5
Heating Baseboard
Cooling None
Flooring Carpet
Appliances Oven, Refrigerator

Exterior & Parking

Total Parking 1
Parking Features Detached
Roof Composite Shingle

Building & Lot

Lot Features Level
Construction Wood Siding, Frame
Sewer Sewer
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, Conventional

Location

Price History

DateEventPrice
11/13/2026 Listed for sale
Source: elevateMLS #8230813
$257,770 $344/sqft

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Listing information last updated November 13, 2026 at 2:57 AM.

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