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350 Cherry Hills Way, Colorado Springs, CO, 80921

3beds
3baths
3,904sqft
$610,000
$156price/sqft
$3,982/moest. monthly cost
$159,280/yrincome needed

About This Home

Views, Location, and Unlimited Potential! Discover the opportunity to make this one-owner Gleneagle home your own! Perfectly positioned to capture spectacular views of the Front Range and the United States Air Force Academy, this home has 3-bedrooms, 2.5-bathrooms, plus family room with murphy bed and attached shower room with a 2-car garage offers the rare combination of a prime location, solid construction, and endless possibilities. Filled with natural light and thoughtfully designed for comfortable living, this home has been cherished by the same family since it was built. Now it's ready for a new owner to add their personal style and vision. Situated in one of northern Colorado Springs' most desirable neighborhoods, you'll enjoy a great trail system, easy access to I-25, shopping, dining, parks, award-winning District 20 schools, and countless outdoor recreation opportunities—all while coming home to breathtaking Colorado sunsets. Whether you're searching for a place to customize, a long-term investment, or simply a home with incredible views in an outstanding community, this property offers exceptional value and a chance to build equity from day one. Come imagine the possibilities and make this Gleneagle gem your own!

Getting Around

8
WalkingCar-Dependent
0
TransitNo Nearby Transit
37
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1989

Materials

  • Roof: Composite Shingle
  • Construction materials: Brick,Wood Siding,Framed on Lot

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Upper Level

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • 5-Pc Bath,High Speed Internet,Pantry
  • Flooring: Carpet,Wood Laminate
  • Number of fireplaces: 2
  • Fireplace features: Gas,Two
  • Fireplace: Yes
  • Finished area below ground: 1,214
  • Finished area above ground: 2,690

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,904
  • Total interior livable area: 3,904 sqft

Other

  • Level: Upper

Property

Details

  • Parcel number: 6131404014

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Wood Deck
  • Exterior features: Auto Sprinkler System
  • Has view: Yes
  • View description: Mountain(s),View of Pikes Peak

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,Hiking Trail,Near Fire Station,Near Hospital,Near Park,Near Schools,Near Shopping Center,HOA Required $

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Concrete Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Wildfire
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,084$37,008
Home Insurance *$376$4,512
Property Taxes $228$2,736
Electricity $294$3,536
Total$3,982$47,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,525/yr
40% on housing$119,460/yr
45% on housing$106,186/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 80921$236
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80921
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-15Contingent$610,000
2026-07-30Listed for sale$610,000

For Sale by Agent

AgentCarl Yuen
BrokerageRE/MAX Real Estate Group LLC

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