Colorado Springs Homes under $250,000

Welcome to Colorado Springs, a picturesque city nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty, vibrant culture, and outdoor recreational opportunities, Colorado Springs is a place where adventure and tranquility coexist harmoniously. With its breathtaking views, including the iconic Pikes Peak, residents enjoy a unique lifestyle that combines urban amenities with the charm of a close-knit community.

For homebuyers seeking affordability without sacrificing quality of life, Colorado Springs offers a fantastic selection of homes under $250,000. These properties provide an excellent opportunity for first-time buyers, families, or investors looking to tap into the thriving real estate market. From cozy bungalows to modern townhomes, there’s something for everyone in this price range.

Living in Colorado Springs means being just minutes away from a wealth of outdoor activities, including hiking, biking, and rock climbing. The city is home to numerous parks, trails, and open spaces, making it a haven for nature enthusiasts. Additionally, the vibrant downtown area boasts an array of shops, restaurants, and cultural attractions, ensuring that residents have plenty to explore.

With a strong sense of community and a commitment to preserving its natural beauty, Colorado Springs is not just a place to live; it’s a place to thrive. Discover your dream home today and experience all that this enchanting city has to offer. Whether you’re looking for a starter home or an investment opportunity, Colorado Springs is ready to welcome you with open arms.

Newest Colorado Springs Homes under $250,000

$250,000

ACTIVE Status

Unique opportunity in downtown Colorado Springs featuring three separate residences included in one sale, offering approximately 1,670 total square feet of living space. The individual homes are approximately 708 sq. ft., 512 sq. ft., and 450 sq. ft., providing flexibility for a variety of uses. With no immediate neighbor directly behind the property, the setting offers added separation while still being conveniently located near downtown shopping, dining, entertainment, and everyday amenities. Whether you're looking for an investment opportunity, multi-generational living, or the potential to occupy one residence while utilizing the others, this property offers multiple possibilities in a central Colorado Springs location.

1407 N Wahsatch Ave, Colorado Springs

Courtesy of NextHome Elevation.

$250,000

3 Beds ⋅ 3 Baths ⋅ 1,670 SqFt. ⋅ ACTIVE Status

1407 N Wahsatch Ave, Colorado Springs

Courtesy of NextHome Elevation.

411 Lakewood Cir Unit C404, Colorado Springs

$130,000

2 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ ACTIVE Status

Bring your imagination and customize this condo exactly how you want it! Partial remodel started, quite a bit of the hard work done for you already. A blank canvas with a sexy mountain view awaits you at the Satellite. Experience ICONIC living at the Satellite Hotel, and Colorado landmark. From the concierge, on call maintenance, restaurant, bar, art gallery in the lobby and all of the mid century modern charm you can handle all in one place. The kitchen has been opened up so you can soak in the stunning mountain and golf course views from every angle. Living, dining and each bedroom steps out onto your massive private balcony. Amenities include access to the pool, gyms, libraries and billiards room. Sponsored owner events regularly. When you purchase a condo in the Satellite, you purchase a lifestyle, an experience, and a piece of history.

411 Lakewood Cir Unit C404, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

411 Lakewood Cir Unit A706, Colorado Springs

$140,000

1 Beds ⋅ 1 Baths ⋅ 864 SqFt. ⋅ ACTIVE Status

Easy living in the heart of Colorado Springs, experience the ultimate convenience of having all of your utilities, endless amenities, and maintenance a phone call away included in your HOA. Also INCLUDED in your monthly HOA, ALL utilities (heating, air conditioning, electricity, water, sewer, trash, exterior insurance saving your interior premium, RV parking, access to all amenities (pool, 2 exercise rooms, 2 libraries, a billiards room, 2 saunas) security cameras in the parking lot, plenty of lounge/sitting areas to get to know your neighbors, or read a book by the fire. Conveniently located in the building a restaurant, bar, beauty shops, and convenience of onsite HOA staff. Come home to this historic Colorado Springs landmark and stroll the runway to enter your condominium every day. Enter in to the lobby where you are greeted by concierge before taking the newly renovated elevators upstairs to your home. Step inside and be awed by the wall of glass, overlooking the Mountains, with a dead on Pikes Peak view, golf course, and city lights creating an immediate indoor/outdoor experience. Large kitchen with tile countertops and warm wood cabinets. Spacious walk in closet. Brand new carpet, shower pan, and bathroom flooring! Great updated condo with massive 24 foot livingroom, this is a true 1 bedroom in the Satellite. Your hotel guests get discounted hotel rates for their privacy and your convenience. Beyond the conveniences in the building the condominiums access to downtown, military installations, shops and restaurants is unmatched. Urban living with a historic twist at it's best- schedule your showing today.

411 Lakewood Cir Unit A706, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

411 Lakewood Cir Unit B712, Colorado Springs

$136,000

3 Beds ⋅ 2 Baths ⋅ 1,440 SqFt. ⋅ ACTIVE Status

Mid Century modern living in the iconic Satellite Hotel. Experience the ultimate convenience of having all of your utilities, endless amenities, and maintenance a phone call away included in your HOA. Enter in to the lobby where you are greeted by concierge before taking the newly renovated elevators upstairs to your home. Step inside and be awed by the wall of glass, overlooking the city creating an immediate indoor/outdoor experience. Galley kitchen with matching appliances and ample counter space providing plenty of prep area for a meal or an evening night cap. Kitchen gives way to the dining area, which flows into the living room giving an open concept feel to the space. Step through the living room balcony doors. Enjoy the incredibly large balcony space, making indoor/outdoor entertaining a breeze. Spacious primary bedroom featuring walk in closet and private balcony access. Generously sized secondary bedrooms, which also each have full access to the balcony. Other highlights of the property include: central air, washer and dryer, access to the pool, gyms, billiards room, libraries and ballroom. Although there is space for guests, should they require a more private stay, you get discounted hotel rates for their privacy and your convenience. Beyond the conveniences in the building the condominiums access to downtown, military installations, shops and restaurants is unmatched. Urban living with a historic twist at it's best- schedule your showing today.

411 Lakewood Cir Unit B712, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

411 Lakewood Cir Unit B430, Colorado Springs

$115,000

2 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ ACTIVE Status

Stunning 2-Bedroom Condo in Historic Landmark Building – Modern Luxury Meets Timeless Elegance Experience sophisticated city living in this beautifully remodeled 2-bedroom, 2-bathroom condo located within a nationally recognized historic building. Blending architectural charm with modern finishes, this residence offers an exceptional lifestyle unlike any other. Step inside to discover an open-concept kitchen featuring sleek quartz countertops, contemporary pendant lighting, a periscope range hood, stainless steel appliances, and a smooth cooktop stove—perfect for both casual dining and entertaining. The spacious living and dining area flows seamlessly to a large private balcony that spans the entire length of the condo, offering access from every room and providing a perfect spot for morning coffee or evening relaxation. Enjoy all-inclusive utilities covered by the HOA, along with an impressive suite of on-site amenities: two fitness centers, two libraries, two grand ballrooms, a restaurant and bar, spa, and barber shop. The hotel-style lobby welcomes residents and guests alike with elegant sitting areas, a coffee and beverage bar, piano music, and an art gallery. Additional conveniences include concierge service, security, and free RV parking, multiple elevators, and exclusive owner benefits such as 50% off hotel stays for your guests and access to all of the owner functions. This one-of-a-kind residence offers the perfect blend of history, convenience, and luxury living—ideal for those seeking comfort and character in the heart of it all.

411 Lakewood Cir Unit B430, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

$235,000

3 Beds ⋅ 1 Baths ⋅ 894 SqFt. ⋅ ACTIVE Status

Opportunity presents itself in the form of 1205 Pando Avenue. This ranch style, 3 bedroom home sits on good-sized lot and includes an oversized, detached garage. Beautiful original hardwood floors are currently visible in bedrooms and are hiding under the current carpet in the living room and hallway, just begging to be exposed. Kitchen includes a gas range/oven, granite countertops and hickory cabinets. Nice double sink vanity in bathroom, vinyl windows and fenced backyard. Located on quiet street in Stratton Meadows, this location is sure to save you money at the gas pumps, just minutes from shopping, restaurants, schools, I-25, downtown, Fort Carson and some of the most beloved hiking Colorado has to offer including Cheyenne Canyon and Seven Falls. This property is oozing with potential and worth looking at today!

1205 Pando Ave, Colorado Springs

Courtesy of Manchester Properties, LLC. 719-338-3203

411 Lakewood Cir Unit A1108, Colorado Springs

$215,000

2 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

A Rare Opportunity Above Colorado Springs For the first time ever, this extraordinary corner residence in the iconic historic Satellite Hotel is being offered for sale. Owned by just two owners since 1969, this remarkable 11th-floor condominium, offers a truly rare combination of sweeping views, expansive outdoor living, and the unparalleled lock-and-leave lifestyle of hotel living. From the moment you enter, the views take center stage. Full walls of glass and a wrap-around covered balcony create an extraordinary view of , Pikes Peak and the entire front range, Garden of the Gods, Kissing Camels, and the sparkling city lights. The massive balcony becomes an extension of the living space—perfect for morning coffee, sunset entertaining, or simply watching the seasons change across the mountains. The spacious 2-bedroom, 2-bathroom condo offers generous living spaces, a walk-in closet, and newer stainless-steel appliances. Best of all, most of the furniture is included. This residence is about much more than the condo itself. Living at the Satellite Hotel gives you access to an extraordinary collection of amenities and a built-in sense of community. Enjoy two ballrooms, two fitness centers, two libraries, two lobbies, heated pool, an on-site restaurant and bar, concierge services, housekeeping, and even an art gallery displayed throughout the hallways. Owners can participate in a variety of events and activities, creating a social atmosphere that is difficult to replicate. And for those who value convenience, the lifestyle is hard to beat: lock and leave, return to a welcoming community, and let hotel-style services take care of the details. Even free RV parking is available. A home with this history, this view, this outdoor space, and this unique lifestyle rarely comes to market. After more than five decades of ownership between just two owners, this is a truly special opportunity to own a piece of the Satellite Hotel.

411 Lakewood Cir Unit A1108, Colorado Springs

Courtesy of Keller Williams Partners. 719-955-1999

2228 Stepping Stones Way, Colorado Springs

$177,000

2 Beds ⋅ 2 Baths ⋅ 936 SqFt. ⋅ ACTIVE Status

Welcome to this 2-level condo, offering comfort, convenience, and potential—perfect as a full-time residence or a smart investment property (NO short term rentals allowed). This home features a main level entry and boasts an open-concept layout with a bright living room, dining area, and a functional kitchen equipped with appliances. From the kitchen and one of the upstairs bedrooms, enjoy glimpses of the Pikes Peak, adding a touch of natural beauty to everyday life. Recent updates include newer carpeting, and you'll appreciate the in-unit laundry conveniently tucked away in a closet. A half bathroom is located on the main floor for guests, while the upper level offers two spacious bedrooms and a full bathroom. Step outside to a deck, ideal for morning coffee or evening relaxation. The condo includes an assigned parking space, and there's a shared basement area for storage and housing the hot water heater and furnace. Though this condo is situated on the ground and upper level, please note there is another unit above. This condo is located near shopping, hiking trails, schools, entertainment and amazing views of Pikes Peak from the area.

2228 Stepping Stones Way, Colorado Springs

Courtesy of High Country Realty LLC.

$249,999

2 Beds ⋅ 2 Baths ⋅ 1,187 SqFt. ⋅ ACTIVE Status

Walk into this newly remodeled ranch style two bedroom, two bathroom home featuring a two car garage, in-unit washer and dryer, and an open backyard.

825 San Antonio Pl, Colorado Springs

Courtesy of Homesmart Realty.

2430 Palmer Park Blvd Unit D1, Colorado Springs

$139,900

1 Beds ⋅ 1 Baths ⋅ 512 SqFt. ⋅ ACTIVE Status

Welcome to comfortable, easy living in this charming one-bedroom condo located in a welcoming 55+ community! Conveniently situated on the main level, this cozy home offers the ease of single-level living along with direct access to the community courtyard, where you can step outside and enjoy the beautiful gardens, peaceful surroundings, and a little fresh air. Inside, the condo feels fresh and inviting with newer paint and flooring throughout. The open living and dining space provides a comfortable place to relax or entertain, while mini-split systems in both the bedroom and main living area provide efficient heating and air conditioning for year-round comfort. Residents can also enjoy the community clubhouse, offering additional space for meetings, gatherings, and events. With its main-level location, updated interior, courtyard access, and wonderful community amenities, this delightful condo offers a low-maintenance lifestyle and a comfortable place to call home!

2430 Palmer Park Blvd Unit D1, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$250,000

1 Beds ⋅ 1 Baths ⋅ 775 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

HIDDEN ACREAGE IN THE HEART OF COLORADO SPRINGS! Discover a truly unique opportunity to own a home on nearly half an acre in the middle of the city, just a short two-minute walk from 700+ acre Palmer Park, offering miles of hiking and biking trails, playgrounds, baseball fields, and abundant outdoor recreation. Tucked away on a quiet, tree-filled lot, this property features natural rock formations, mature trees, and a peaceful, park-like setting that feels worlds away from the hustle and bustle of town. The charming 1-bed, 1-bath home offers an exceptional opportunity for renovation and personalization. The property needs updating and repairs and is being offered As-Is and priced accordingly. A newer furnace and hot water heater provide a great start. Whether you're looking for a unique in-town retreat, an investment opportunity, or a project you can transform into something special, this 0.48-acre property offers a rare combination of privacy, land, location, and potential, all close to shopping, dining, parks, and everything Colorado Springs has to offer. Call TODAY to schedule a showing!

3610 Hartsock Ln, Colorado Springs

Courtesy of Coldwell Banker 1st Choice Realty. 719-238-2222

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