505 N Nevada Ave, Colorado Springs, CO, 80903
About This Home
Step into a rare piece of history with this truly one-of-a-kind 3-story Victorian ideally located in the heart of Downtown Colorado Springs. Rich with timeless character and preserved architectural detail, this home blends historic charm with thoughtful modern updates. The wraparound front porch creates an inviting first impression and is the perfect place to enjoy those cool Colorado evenings. The backyard outdoor space has been fully xeriscaped and designed for entertaining, complete with stone pavers, privacy fencing, and a custom bar shed. Inside, you’ll find soaring ceilings, stunning hardwood floors, and original features including pocket doors, vintage baseboards, and intricate trim. The grand foyer showcases a beautifully crafted wood staircase with ornate detailing and stained glass windows—an unforgettable first impression. The main level offers both elegance and functionality, featuring a formal dining room with a gas fireplace, a spacious living room with bay windows and a second fireplace, a bedroom, and a full bathroom with a walk-in shower. The kitchen has been tastefully modernized with granite counters, stainless steel appliances, hood vent and pantry. The bright sunroom doubles as a breakfast nook, and the oversized laundry room includes 2 washer & dryer sets. Upstairs, the second level continues the historic appeal with 9 foot ceilings, wall-to-wall hardwood floors, and dual staircase access. You’ll find 7 bedrooms, including a large primary bedroom with bay windows overlooking downtown, plus two updated bathrooms with tiled walk-in showers. The third-story loft offers a versatile bedroom/flex space, while the basement gives additional storage. Endless opportunity awaits with potential for rental income, multi-family units, or limited retail/commercial use (subject to city variance). Located just steps from downtown, Colorado College, and Acacia Park, this iconic 1899 Victorian is a rare opportunity to own a piece of Colorado Springs history.
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Existing Home
- Year built: 1899
Materials
- Foundation: Crawl Space
- Roof: Composite Shingle
- Construction materials: Wood Siding,Framed on Lot,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Indoor Grill,Gas in Kitchen,Exhaust Fan,Microwave,Oven,Range,Refrigerator,Washer
- Laundry features: Electric Hook-up,Main Level
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- 3/4 bathrooms: 3
Features
- Breakfast Bar,High Speed Internet,Pantry,Smart Home Door Locks
- Window features: Window Coverings
- Flooring: Carpet,Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Gas,Two
- Fireplace: Yes
- Attic: Storage
- Finished area below ground: 910
- Finished area above ground: 3,378
Heating & Cooling
- Heating features: Electric,Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,288
- Total interior livable area: 4,288 sqft
Other
- Level: Upper
- Area: 252
Property
Details
- Parcel number: 6407419023
Features
- Levels: 3 Story
- Stories: 3
- Patio & porch: Concrete
- Fencing: Back Yard
- Has view: Yes
- View description: City,Mountain(s)
Lot
- Lot size: 5,000 sqft
- Features: Level,Hiking Trail,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center,Landscaped
Parking
- Total spaces: 1
- Parking features: Detached,Gravel Driveway,Paved Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Hail
- Lightning
- Winter Weather
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,171 | $50,052 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $309 | $3,708 |
| Electricity | $323 | $3,884 |
| Total | $5,069 | $60,828 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $849,000 |
| 2018-10-11 | Listing removed | $3,700 |
| 2018-10-04 | Sold | $450,000 |
| 2018-10-01 | Pending sale | $450,000 |
| 2018-09-06 | Listed for sale | $450,000 |
| 2018-06-02 | Listed for rent | $3,700 |
| 2017-11-15 | Listing removed | $3,200 |
| 2017-06-06 | Price change | $3,200 |
| 2017-05-13 | Price change | $4,200 |
| 2017-04-20 | Listed for rent | $4,400 |
| 2013-07-30 | Listing removed | $4,200 |
| 2013-04-11 | Listed for rent | $4,200 |
| 2013-02-13 | Listing removed | $389,000 |
| 2013-02-09 | Listed for sale | $389,000 |
| 2013-02-09 | Listing removed | $650 |
| 2013-02-06 | Listed for rent | $650 |
| 2013-01-28 | Sold | $190,000 |
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