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1347 N Prospect St, Colorado Springs, CO, 80903

3beds
2baths
1,760sqft
$419,000
$238price/sqft
$2,727/moest. monthly cost
$109,080/yrincome needed

About This Home

Welcome to this charming ranch style home in the established Golf Club neighborhood near Patty Jewett Golf Course. Built in 1948, this home has original character with comfortable living space and sits on a spacious 7,500 square foot corner lot with mature trees and room to enjoy the outdoors. Inside, the home has 3 bedrooms (one non-conforming basement bedroom), 2 bathrooms, and 1,672 finished square feet, including a mostly finished basement with two large open rooms for guests, hobbies, storage, or a home office. The main level features hardwood floors in the bedrooms and likely beneath additional carpeted areas. A wood burning fireplace creates a cozy focal point in the living room, while the stucco exterior and established neighborhood add to the home's classic appeal. There is a deck with arbor, and grape vines that fill with greenery in the Summer. The basement includes two large rooms, one of which is a non-conforming bedroom. There is a 3/4 bathroom with sink and shower, laundry area, and additional recreation or bonus space. The detached oversized 1 car garage provides extra storage and parking flexibility, with space for a larger garage, and the large level lot offers space for gardening, outdoor entertaining, RV parking, or future possibilities. The roof and hot water heater were both replaced in 2019. The furnace and gutters were replaced in 2025. Zoned R-2, the property also provides added versatility for long term use and investment potential. Located on a quiet, tree lined street in central Colorado Springs, this home is within walking distance to Taylor Elementary and just minutes from Patty Jewett Golf Course, Downtown Colorado Springs, parks, dining, shopping, and the Penrose and Memorial Hospitals. This is a rare opportunity to own a home with character, usable space, and a sought after central location. Schedule a showing and see if this classic Colorado Springs home could be the right fit for you.

Getting Around

44
WalkingCar-Dependent
38
TransitSome Transit
66
BikeBikeable

Schools

5/10
Taylor Elementary SchoolGrades PK-50.1 mi
6/10
North Middle SchoolGrades 6-80.4 mi
3/10
Palmer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1948

Materials

  • Roof: Composite Shingle
  • Construction materials: Stucco,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Flooring: Carpet,Vinyl/Linoleum
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Finished area below ground: 880
  • Finished area above ground: 880

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,760
  • Total interior livable area: 1,760 sqft

Other

  • Level: Main
  • Area: 160

Property

Details

  • Parcel number: 6408203033

Features

  • Patio & porch: Wood Deck,Other,See Prop Desc Remarks

Lot

  • Lot size: 7,501 sqft
  • Features: Corner Lot,Level,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Attached,Gravel 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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
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 $2,118$25,416
Home Insurance *$266$3,192
Property Taxes $157$1,884
Electricity $186$2,232
Total$2,727$32,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,497/yr
40% on housing$81,810/yr
45% on housing$72,720/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

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$191
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$399,000
2026-08-06Price change$410,000
2026-07-19Price change$419,000
2026-06-17Price change$429,000
2026-05-15Listed for sale$438,000
2025-03-07Listing removed$1,975
2025-02-11Listed for rent$1,975
2016-09-27Listing removed$250,000
2016-09-24Price change$250,000
2016-09-15Listed for sale$260,000
2016-09-11Pending sale$260,000
2016-09-10Listed for sale$260,000
2012-01-13Sold$500

For Sale by Agent

AgentKevin James Bond ABR MRP
BrokerageRE/MAX Real Estate Group LLC

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