See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5423 Lions Gate Ln, Colorado Springs, CO, 80919

5beds
3baths
2,787sqft
$624,900
$224price/sqft
$3,963/moest. monthly cost
$158,520/yrincome needed

About This Home

Welcome to this beautifully reimagined 5-bedroom, 3-bathroom home in the highly desirable Mountain Shadows neighborhood, where thoughtful updates, stunning natural surroundings, and everyday comfort come together perfectly. From the moment you arrive, you'll notice the care and attention that has gone into every detail of this home. Nearly every space has been tastefully updated, creating a truly move-in-ready property that feels fresh, modern, and inviting throughout. Inside, you'll find spacious living areas designed for both everyday living and entertaining. The recently finished basement adds valuable additional living space and includes a non-conforming fifth bedroom, offering endless possibilities for a guest suite, home office, gym, hobby room, or flex space tailored to your needs. One of the home's most unique features is the enclosed sunroom, a cozy retreat perfect for slow mornings with a cup of coffee, unwinding with a good book, or simply taking in the peaceful surroundings year-round. Step outside to discover low-maintenance landscaping that allows you to spend less time on upkeep and more time enjoying your outdoor space. Whether you're hosting summer gatherings, enjoying a quiet evening under the Colorado sky, or watching the abundant wildlife that frequently visits the area, this backyard offers the perfect setting to relax and entertain. Location is everything, and this home delivers. Situated just moments from Mountain Shadows Park and miles of scenic walking and hiking trails, you'll enjoy some of Colorado Springs' most breathtaking views right outside your door. Take in the beauty of the surrounding foothills, rock formations, and mountain vistas while immersing yourself in nature. This is more than just a home; it's a lifestyle opportunity in one of Colorado Springs' most sought-after westside communities. With convenient access to top-rated schools, shopping, dining, parks, and endless outdoor adventures.

Getting Around

14
WalkingCar-Dependent
19
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

8/10
Chipeta Elementary SchoolGrades PK-50.2 mi
6/10
Holmes Middle SchoolGrades 6-83.1 mi
4/10
Coronado High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1995

Materials

  • Foundation: Not Applicable
  • Roof: Composite Shingle
  • Construction materials: Wood Siding,Framed on Lot

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • Skylight (s),Vaulted Ceiling(s),Pantry
  • Flooring: Carpet,Tile,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Finished area below ground: 1,389
  • Finished area above ground: 1,398

Heating & Cooling

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

Interior Area

  • Total structure area: 2,787
  • Total interior livable area: 2,787 sqft

Other

  • Level: Main
  • Area: 192

Property

Details

  • Parcel number: 7322115042

Lot

  • Lot size: 4,329 sqft
  • Features: See Remarks

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Winter Weather
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 $3,159$37,908
Home Insurance *$360$4,320
Property Taxes $234$2,808
Electricity $210$2,524
Total$3,963$47,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,874/yr
40% on housing$118,890/yr
45% on housing$105,680/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

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 80919$171
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80919
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Price change$624,900
2026-06-26Listed for sale$629,900
2023-07-07Sold$500,000
2023-06-08Contingent$500,000
2023-06-01Listed for sale$500,000
1996-01-23Sold$136,736

For Sale by Agent

AgentGeorge Nehme C2EX CRS GRI
BrokerageLIV Sotheby's International Realty CO Springs

Similar Homes