Colorado Springs Homes under $1 million

Welcome to the enchanting subdivision of Colorado Springs, nestled in the heart of El Paso County, Colorado. Known for its stunning natural beauty and vibrant community, Colorado Springs offers an exceptional quality of life that attracts families, professionals, and outdoor enthusiasts alike.

This picturesque region is surrounded by the majestic Rocky Mountains, providing residents with breathtaking views and an array of recreational opportunities. Whether you enjoy hiking the iconic Garden of the Gods, exploring the scenic Pikes Peak, or indulging in the local arts and culture scene, Colorado Springs has something for everyone.

For those seeking a home in this idyllic setting, you'll be pleased to discover that there are numerous options available for under $1 million. These homes offer a perfect blend of comfort, style, and affordability, making it easier than ever to find your dream residence in this thriving community. From charming single-family homes to modern townhouses, the real estate market in Colorado Springs caters to a variety of tastes and lifestyles.

The subdivision is also known for its excellent schools, family-friendly parks, and a strong sense of community, making it an ideal place to raise children or simply enjoy a fulfilling life. With a plethora of shopping, dining, and entertainment options nearby, you'll find that everything you need is just a stone's throw away.

Experience the warmth and charm of Colorado Springs, where stunning landscapes meet a welcoming community. Explore the homes available under $1 million and take the first step towards your new life in this captivating corner of Colorado!

Newest Colorado Springs Homes under $1 million

$199,000

2 Beds ⋅ 1 Baths ⋅ 3841706 MLS

**A Diamond in the Rough: Your Next Grand Design Awaits!** Welcome to where history meets opportunity! This charming 1898 ranch-style home, nestled in the heart of Colorado Springs, offers 1,112 square feet of potential across 2 cozy bedrooms and a bathroom that's seen more history than your grandma's diary. LOCATION, LOCATION, LOCATION: Situated just a stone's throw from downtown, you'll have easy access to local eateries, shops, and the vibrant culture of Colorado Springs. CHARACTER GALORE: Original hardwood floors that have stood the test of time (and probably a few dance parties). MODERN TOUCHES: A recently updated kitchen equipped with stainless steel appliances, ready for your culinary adventures or midnight snack raids. OUTDOOR OASIS: A nicely landscaped, low-maintenance backyard perfect for BBQs, stargazing, or practicing your yoga poses without an audience. ZONED for Commercial or Residential Looking for your next flip!?! or Minor redevelopment?!?

426 E Bijou St, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . mike@kenneyandcompany.com,719-550-1515

$989,000

7561189 MLS

The Boulder Place is a remarkable 1889 Victorian offering timeless craftsmanship, thoughtful updates and a rare private independent living suite—all within walking distance of Downtown Colorado Springs. A welcoming fenced courtyard and covered wraparound porch lead into a home filled with character, including Brazilian Pecan hardwood floors, oversized windows, stained-glass transoms and elegant chandeliers. The spacious main residence offers 5 bedrooms and 3 baths, formal living and dining rooms, main-floor guest room/office, pet wash/grooming area and oversized laundry room. The chef's kitchen features Spanish red tile, professional gas range, commercial 3-compartment sink, Noble dishwasher, built-in coffee bar and walk-in pantry. Upstairs, the primary suite offers a private sitting room, spa-inspired bath with walk-in tile shower, private balcony with outdoor shower and adjoining sauna. Additional bedrooms include a spacious dressing room/walk-in closet, Jack-and-Jill configuration with access to a second balcony, and a beautiful bath with cast-iron clawfoot tub. Outside, enjoy a private backyard retreat with covered patio, boardwalk pathways, hot tub, workshop, raised garden beds, flower boxes and custom Colorado artwork. Boiler heat with original radiators preserves the home's historic charm, while updated electrical provides modern peace of mind. The attached 500± SF private living suite features its own entrance, separate living area, full-size kitchen, 1 bedroom, 1 bath and private laundry—an exceptional option for multigenerational living, extended family, guests, long-term rental or private workspace. Previously utilized as an Airbnb/VRBO, the suite also offers a proven income history. Special MX-L zoning adds flexibility for the owner-user, investor or business-minded buyer. A truly one-of-a-kind opportunity to own a beautifully transformed piece of Colorado Springs history with space, character and options that are nearly impossible to duplicate.

323 E Boulder St, Colorado Springs

Courtesy of Keller Williams Partners Realty . christinerowe@kw.com,719-331-8165

$590,000

4 Beds ⋅ 2 Baths ⋅ 7527652 MLS

Sunny and Bright, Immaculate and completely remodeled Charmer near Downtown. Four bedrooms and two Bathrooms, Large Living Room/Dining Room combination with gleaming wood floors and lots of natural light pouring in through South-facing windows that have all been refurbished to pristine condition. Come sit awhile on the cutest front porch swing ever while the stress of the day just melts away. Relax on the very large rear deck in the park-like private back yard, under the most glorious shade tree in the neighborhood. There is room for all the toys including off street parking for an RV as well as parking and /or workshop space in the oversized 2 car detached garage with 10 foot clearance, plus a smaller 1 car detached garage, and a good storage shed. The Coffee Bar and Buffet area off the Kitchen features great storage and beautiful Rain Forest Green marble counter tops that make waking up in the morning something to look forward to. Charm and pristine workmanship make this the Perfect new address to call Home.

514 Custer Ave, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . stephen@kenneyandcompany.com,719-661-4579

$690,000

8 Beds ⋅ 4 Baths ⋅ 3703452 MLS

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

33 University Dr, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

$423,900

4 Beds ⋅ 3 Baths ⋅ 5285037 MLS

PRICE REDUCTION! Nestled on a peaceful cul-de-sac in the desirable Constitution Hills neighborhood, this beautifully updated two-story home offers the perfect blend of comfort, convenience, and breathtaking Colorado views! Step inside to soaring vaulted ceilings,newer plush carpeting, fresh interior paint, and a warm inviting living room, complete with a fireplace that creates an open and welcoming living space. The updated kitchen features new stainless steel appliances, including a new microwave. There is ample cabinet and countertop space, for your cooking needs. Luxury vinyl plank flooring is all throughout the main level. Enjoy your morning coffee or evening sunsets from the adjoining deck while taking in panoramic views of the Front Range and Pikes Peak. The views are one of the amazing highlights of this home. The main-level primary bedroom offers convenient one-level living with an adjacent full bath. Upstairs, you’ll find a versatile loft, two spacious secondary bedrooms, a full bathroom, and a flexible space that could easily be converted into an additional laundry area. The finished basement provides the perfect space for a family room, guest suite, or fourth bedroom and includes an adjacent bathroom, oversized closet, and laundry room with a new washer and dryer included. There is also the ability to add a second set of washer and dryer in the upper level! Outside, the HUGE private backyard is surrounded by mature pine trees and a beautiful Silver Maple, creating a peaceful retreat for relaxing or entertaining. There has been outdoor lighting added for great ambiance on the back deck where the patio furniture is included. Additional updates include a newer furnace (2016), central air conditioning, and water heater. With stunning mountain views, thoughtful updates, vaulted ceilings, and a tranquil setting just minutes from shopping, dining, schools, and military installations, this move-in-ready home is one you won’t want to miss!!

1510 Leoti Dr, Colorado Springs

Courtesy of Keller Williams Integrity Real Estate LLC . berzins.michelle@gmail.com,720-838-3765

$499,999

4 Beds ⋅ 3 Baths ⋅ 8185967 MLS

Welcome to 1112 Auburn Drive, a beautifully updated home in the heart of Colorado Springs with exceptional access to Downtown Colorado Springs, Fort Carson, Peterson Space Force Base, shopping, dining, parks, schools, and major commuter routes. This well-maintained home has been extensively updated from 2018-2026. Features include waterproof luxury vinyl flooring throughout most living areas and bedrooms, ceramic tile in the laundry room and ¾ bath, fresh interior paint, ceilings, trim, baseboards, interior doors, and modern lighting. The remodeled kitchen offers granite countertops, an updated sink and faucet, stainless Samsung appliances (2019), and French doors opening to the great room. Bathrooms feature new vanities, sinks, faucets, toilets, tile shower surrounds, mirrors, shower doors, and fixtures. Additional interior improvements include an electric fireplace in the great room, a family room fireplace with a new mantle, replaced stair railings, flooring on all three staircases, smoke and CO detectors, exhaust fans, plus vents, outlets, switches, hardware, and brushed nickel finishes throughout. Outside, enjoy dedicated RV parking, multiple storage buildings, and exterior improvements including a Class 4 impact-resistant roof (2018), exterior paint, a new front door with a security screen, replaced patio doors leading to the backyard, brick walkways, landscaping, security lighting, and updated fencing and front porch pillars. Storage options include a 10' x 10' shed with electricity, a loft, and carpeting; a 10' x 12' insulated shed with interior lighting, plywood walls, and transferable warranty coverage; plus a 4' x 6' garden tool shed added in 2023. Major mechanical updates include a furnace with Digi-Motor (2019), AC compressor and motor (2023), and garage door opener (2020). Move-in ready, this home combines extensive updates with a central Colorado Springs location.

1112 Auburn Dr, Colorado Springs

Courtesy of Real Broker, LLC DBA Real . Daniel@719PCSTeam.com,719-900-6998

$619,000

4 Beds ⋅ 3 Baths ⋅ 4423526 MLS

The Black Forest Lifestyle You've Been Looking For; Land, Views, Shop, & Unlimited Potential. Some properties are all about the house, others are about the lifestyle. The true value of this property lies in the land, the setting, the views, and the opportunity to create something uniquely your own & enjoy the freedom from restrictive covenants. Located in the heart of Black Forest, this property offers the country lifestyle that so many buyers seek. Surrounded by mature pines and open space, you'll enjoy the peace, privacy, and freedom that come with owning land, while remaining within a convenient drive of Colorado Springs, shopping, dining, schools, entertainment, and everyday amenities. With paved road access, you'll enjoy easy year-round travel without giving up the rural lifestyle that makes this area so desirable. The acreage provides room to breathe, room to roam, and room to build the lifestyle you've envisioned. Whether your goals include horses, recreational vehicles, gardening, a home-based business, or simply enjoying the outdoors, this property offers the flexibility to make it happen. Stunning views of Pikes Peak and the Front Range serve as a daily reminder of why people choose to call Black Forest home. One of the property's standout features is the shop/workshop. For those who need space to work, create, store equipment, pursue hobbies, or run a small business. Combined with the acreage, it creates a property that offers both lifestyle and practical utility. The home itself presents an opportunity for someone to create their own vision. This raised ranch home has main level living with a walk-out basement with the possibility to be used for entertaining or multi-generational living. Buyers who understand the value of location, land, views, and infrastructure will recognize the potential that exists here. This may be exactly the opportunity you've been waiting for. Come experience the setting, walk the land, and imagine the possibilities!

14390 Herring Rd, Colorado Springs

Courtesy of Colorado lifestyle Properties . longhornofcolorado@yahoo.com,719-649-4515

$725,000

5 Beds ⋅ 3 Baths ⋅ 3938126 MLS

Custom raised ranch home on nearly 5.5 acres in sought-after Black Forest with stunning Pikes Peak, mountain and forested hillside views. This 5 bed / 3 bath residence blends modern comfort with expansive indoor and outdoor living spaces. All of this with no HOA! The main level living area has vaulted ceilings, abundant natural light, new flooring and an open layout connecting the great room, dining area & kitchen. The newly updated kitchen includes waterfalls quartz countertops, stainless steel appliances, pendant lighting and upgraded cabinetry with crown molding & glass-front accents. The primary suite offers a walk-in closet and a five-piece bath featuring dual granite vanities, upgraded cabinetry, a soaking tub and a separate shower. Two additional bedrooms finish out the main floor. Step outside to the deck and enjoy spectacular Front Range scenery and unforgettable Colorado sunsets. The fully finished walk-out lower level provides exceptional flexibility with two additional bedrooms, an office area, a 3/4 bath & a spacious family room with recessed lighting and direct access to the covered patio. The lower level was thoughtfully designed to accommodate a future kitchenette or entertainment area. Additional highlights include central air conditioning, energy-efficient 2x6 framing, vinyl windows and a low-maintenance stucco exterior. A detached three-car metal garage (24'X29') features oversized doors, reinforced concrete flooring & electrical rough-ins providing plenty of space for toys, tools, ATVs or a serious workshop. Zoned for horses and other animals, the property provides ample space for barns, workshops, RV storage & other accessory structures. Located in Academy 20 school district, it is within walking distance of Edith Wolford Elementary. Enjoy easy access to Black Forest Regional Park, Pineries Open Space and miles of equestrian-friendly trails & recreation areas, convenient access to shopping, dining, and everyday amenities.

6420 Coolwell Dr, Colorado Springs

Courtesy of Coldwell Banker Realty 24 . April@CBRealty.com,303-885-6880

$599,000

5496417 MLS

2625 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2625 Uintah as follows: A $1200 (11/30/2026), B $1250 (6/30/2027), C $1250 (7/31/2026), D $1200 (5/31/2026). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2625 and 2627 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2625 Uintah, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

$397,500

2 Beds ⋅ 1 Baths ⋅ 4084465 MLS

Beautifully renovated 1920s bungalow seamlessly blends timeless charm with modern updates and showcases true pride of ownership inside and out. Perfectly situated across from Boulder Park, the fully fenced yard offers privacy and a welcoming covered front porch—an ideal spot to relax and enjoy the view. Step inside to discover beautifully refinished original hardwood floors, high ceilings, wide trim, a classic built-in hutch, and an inviting open floor plan filled with abundant natural light. Every detail has been thoughtfully updated, including new interior and exterior paint, new doors, and ceiling fans, while preserving the home's historic character. The spacious living room flows effortlessly into the dining area, creating an ideal space for everyday living and entertaining. The remodeled kitchen features updated cabinetry, granite countertops, a custom tile backsplash, stainless steel appliances, a gas range, overhead microwave, modern fixtures and hardware, plus a convenient coffee bar area with additional storage. The home offers two bedrooms and a beautifully updated full bathroom complete with a new vanity, mirror, fixtures, a large soaking tub, and custom tile surround. The large unfinished basement provides excellent storage and offers endless possibilities for future expansion. A new glass door leads to the backyard retreat featuring a wood deck, patio, and custom-built planter walls—perfect for outdoor entertaining or enjoying your private outdoor oasis. Completing the property is a detached two-car garage with convenient alley access. The home has updated exterior siding, fully landscpaed, and front sprinkler system. This move-in-ready gem combines historic character, thoughtful updates. Property is zoned R-2 and conveniently located to the park, hosptial, downtown, local coffee shops, local restaurants, and the exceptional walkablity. Some upgrades include, water heater 2023, roof 2021, electrical 2012, landscpaing, kitchen, bath, and exterior.

1315 E Boulder St, Colorado Springs

Courtesy of Walston Group Real Estate . jennifer@walstongroup.com,719-290-6757

$375,000

3 Beds ⋅ 2 Baths ⋅ 9728649 MLS

Located just minutes from the heart of downtown Colorado Springs, this 3-bedroom, 2-bath home offers a unique combination of character, flexibility, and value. Recent exterior improvements, including fresh paint and refreshed landscaping, further enhance the property's appeal. Inside, original hardwood floors, built-ins, and classic architectural details reflect the home's historic character, while thoughtful improvements provide modern comfort. The main kitchen features updated cabinetry and stainless steel appliances, and both bathrooms include more current finishes. A standout feature is the flexible layout, including a second kitchen and separate access to the upper level. Whether you're looking for space for multi-generational living, guests, a home office setup, or potential income-producing use, this home offers a variety of possibilities. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines throughout, and a replaced sewer line to the city main—providing added confidence that many of the major components have already been addressed. Additional highlights include dedicated off-street parking, an enclosed front sunroom, a spacious backyard with concrete patio and fire-pit area, and a highly walkable location near the revitalized south end of downtown and the downtown core.

312 E Cimarron St, Colorado Springs

Courtesy of Walston Group Real Estate . janelle@walstongroup.com,719-477-1410

$599,000

6880991 MLS

2627 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027). The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation. Seller prefers to sell 2627 and 2625 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment.

2627 E Uintah, Colorado Springs

Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155

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