Residential · Active

519 N Chestnut Street

Colorado Springs, CO 80905

2 Beds · 2 Baths · 1,186 Sq Ft

$439,000

Single Family

Property Type

0.21 acres

Lot Size

1942

Year Built

$370

Price per Sq Ft

1

Parking Spaces

1497117

MLS #

About This Property

Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm.

The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house.

This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. Private and tucked away among mature trees, this expansive 9,000 SF lot features alley access and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, or a combination of these.

Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turnkey. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.

26 days on market

Listed by Kristin Smith · Fathom Realty Colorado LLC · 888-455-6040

Last updated: 10/7/2026 11:30 PM · Source: elevateMLS, MLS#: 1497117

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $370
MLS # 1497117
Days on Market 26
Bedrooms 2
Full Baths 2

More Details

Above-Grade Sq Ft 1,186
Year Built 1942
Lot Size (Sq Ft) 8,999
Acres 0.2066
HOA Fee $0
Annual Taxes $1,119
Tax Year 2025
State CO
County El Paso

Interior

Total Rooms 8
Heating Natural Gas
Cooling Ceiling Fan(s), Other, See Prop Desc Remarks
Appliances Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, 220v in Kitchen

Exterior & Parking

Total Parking 1
Parking Features Carport
Roof Rolled/Hot Mop

Building & Lot

Construction Wood Siding, Log, Frame
Sewer Sewer
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, Conventional, FHA, VA Loan

Location

Price History

DateEventPrice
10/5/2026 Listed for sale
Source: elevateMLS #1497117
$439,000 $370/sqft
10/5/2026 Listed for sale
Source: elevateMLS #4900927
$439,000 +67.6% $370/sqft
12/28/2020 Sold
Source: elevateMLS #2051675
$262,000 +1.9% $221/sqft
11/17/2020 Listed for sale
Source: elevateMLS #2051675
$257,000 $217/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 October 7, 2026 at 11:30 PM.

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