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726 E Platte Ave, Colorado Springs, CO, 80903

4beds
4baths
2,978sqft
$699,000
$235price/sqft
$4,077/moest. monthly cost
$163,080/yrincome needed

About This Home

LOCATION, LOCATION, LOCATION! This stunning home is situated in the serene and seldom-traveled section of Platte Avenue (above the bridge), offering an exceptionally peaceful setting for its exciting downtown location. Do NOT miss your chance to see this exquisite custom new build nestled in the HEART of downtown Colorado Springs, offering an alluring blend of modern luxury and historical charm. Upon entrance, you'll immediately appreciate the meticulous attention to detail that was thoughtfully and carefully allocated throughout. This home showcases sophistication and comfort, boasting a gourmet kitchen that's a chef's delight. Stainless steel appliances adorn this culinary haven, complemented by custom cabinets, quartz countertops, and a generously sized walk-in pantry ensuring ample storage and functionality. The main open concept living area, adorned with expansive windows, invites an abundance of natural light, creating a luminous and airy ambiance. Upstairs you will find two bedrooms with a full guest bathroom, a large laundry closet, and an elegant primary suite with striking vaulted ceilings and a private en-suite bathroom that exudes elegance. And... the VIEWS! Descend into the fully finished basement, complete with a private bedroom, bathroom and a large rec room, all with natural light and 9 ft ceilings! Outside, you will find professionally landscaped front and back yards, fencing, and auto sprinkler systems. Completing the allure of this property is an oversized two-car detached garage, providing ample space for parking and storage, adding convenience and functionality to this remarkable downtown home. This custom home offers a unique and rare opportunity to own a home that encapsulates the best of both worlds merging a custom built home located in a historical downtown neighborhood. Minutes from downtown restaurants, shopping, entertainment, and public transportation! Some photos are virtually staged.

Getting Around

79
WalkingVery Walkable
51
TransitGood Transit
82
BikeVery Bikeable

Schools

4/10
6/10
North Middle SchoolGrades 6-80.7 mi
3/10
Palmer High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2023

Materials

  • Roof: Composite Shingle
  • Construction materials: Cedar,Shingle Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dishwasher,Disposal,Dryer,Gas in Kitchen,Exhaust Fan,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Upper Level

Basement

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

Bedrooms & Bathrooms

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

Features

  • 9Ft + Ceilings,Crown Molding,Vaulted Ceiling(s),Pantry
  • Window features: Window Coverings
  • Flooring: Carpet,Tile,Luxury Vinyl
  • Fireplace features: None
  • Finished area below ground: 1,018
  • Finished area above ground: 1,960

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,978
  • Total interior livable area: 2,978 sqft

Other

  • Level: Upper
  • Area: 176

Property

Details

  • Parcel number: 6417204040
  • Attached to another structure: Yes
  • Other equipment: Sump Pump

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite,Concrete
  • Exterior features: Auto Sprinkler System
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s),View of Pikes Peak

Lot

  • Lot size: 4,752 sqft
  • Features: Level,Hiking Trail,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Detached,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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Winter Weather
Inland Flooding
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 $3,534$42,408
Home Insurance *$266$3,192
Property Taxes $53$636
Electricity $224$2,697
Total$4,077$48,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,782/yr
40% on housing$122,310/yr
45% on housing$108,720/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$190
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
2026-05-12Price change$729,000
2026-04-22Price change$739,000
2026-04-02Listed for sale$749,000
2024-05-23Listing removed--
2024-05-09Price change$3,250
2024-04-19Price change$3,300
2024-03-27Price change$3,375
2024-03-04Listed for rent$3,475
2024-01-29Listing removed--
2023-12-11Listed for rent$3,350
2023-12-01Listing removed--
2023-11-03Listed for sale$799,000
2021-10-19Sold$255,000
2021-02-08Sold$225,000
2021-01-26Pending sale$155,000
2021-01-22Listed for sale$155,000
2019-07-30Sold$100,000

For Sale by Agent

AgentAnna White
BrokeragePorch & Willow LLC

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