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4096 London Ln, Colorado Springs, CO, 80916

5beds
2baths
1,775sqft
$310,000
$175price/sqft
$2,112/moest. monthly cost
$84,480/yrincome needed

About This Home

Investor alert and sweat-equity opportunity! offers solid bones, a functional layout, and plenty of upside for the buyer ready to add value. Situated on a corner lot, this property features gated RV parking, a greenhouse, and mountain views from the backyard — extras that are hard to come by. Inside, the home needs updating but offers a great foundation to work with, making it ideal for an investor, flipper, or handy homeowner looking to build equity. The spacious lot provides flexibility for outdoor improvements, while the RV gate and parking add serious practicality. Enjoy the bonus of mountain views as you plan future enhancements to the backyard space. With an open floor plan, great natural light, and functional layout, this property provides a versatile canvas ready for updates, finishes, and modern upgrades. Bring your vision, tools, and imagination — this is a true diamond in the rough with location, lot features, and potential all working in your favor. Property is being sold as-is. Don’t miss the opportunity to unlock its full value.

Getting Around

63
WalkingSomewhat Walkable
42
TransitSome Transit
72
BikeVery Bikeable

Schools

2/10
3/10
Panorama Middle SchoolGrades 6-80.8 mi
2/10
Sierra High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1971

Materials

  • Foundation: Garden Level
  • Roof: Composite Shingle
  • Construction materials: Wood Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: 220v in Kitchen,Microwave,Oven,Range,Refrigerator
  • Laundry features: Lower Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Window features: Window Coverings
  • Finished area below ground: 0
  • Finished area above ground: 1,775

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,775
  • Total interior livable area: 1,775 sqft

Property

Details

  • Parcel number: 6435203022

Features

  • Levels: Bi-level
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s)

Lot

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

Parking

  • Total spaces: 1
  • Parking features: Attached,Oversized,Concrete Driveway,RV Access/Parking
  • 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

  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
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 $1,567$18,804
Home Insurance *$243$2,916
Property Taxes $116$1,392
Electricity $186$2,232
Total$2,112$25,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,411/yr
40% on housing$63,360/yr
45% on housing$56,320/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 80916$116
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80916
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Listed for sale$310,000
2026-06-26Contingent$310,000
2026-06-24Listed for sale$310,000
2026-04-21Pending sale$310,000
2026-04-21Contingent$310,000
2026-04-18Price change$310,000
2026-03-25Price change$315,000
2026-02-12Price change$325,000
2026-01-28Listed for sale$340,000
2002-12-02Sold$134,500

For Sale by Agent

AgentStacey Lehner ABR AIC C2EX LHC MRP SRES
BrokerageYour Neighborhood Realty, Inc.

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