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542 W Boulder St, Colorado Springs, CO, 80905

2beds
1baths
657sqft
$294,900
$449price/sqft
$2,036/moest. monthly cost
$81,440/yrincome needed

About This Home

Charming Old Colorado City bungalow offering the perfect blend of historic character and modern updates, located just blocks from Colorado Avenue’s shops, restaurants, galleries, parks, and events. Built in 1945 and thoughtfully remodeled in recent years, this 2-bedroom, 1-bath home sits on a 0.12-acre R2 zoned lot and features a newer roof, granite countertops, freshly painted cabinets, updated fixtures, and in sewer improvements. The cozy living room flows into a bright galley-style kitchen with updated finishes, ample cabinet space, and a clean, functional layout ideal for everyday living. The laundry room is located just off the kitchen and comes complete with a washer and dryer, offering easy access and functionality, while the main level also includes a convenient three-quarter bath and two comfortable bedrooms. The backyard provides room to create your own outdoor oasis with space to entertain, garden, or simply relax. Located on a quiet residential street in one of Colorado Springs most iconic neighborhoods, this home is within walking distance to Bancroft Park, Bristol Elementary, local cafés, and the area’s vibrant art and music scene. It also offers quick access to hiking and biking trails, downtown Colorado Springs, I-25, and Manitou Springs. Whether you're looking for a move-in ready home, a rental property, or an investment with flexible R2 zoning, this home offers location, charm, and versatility in a walkable and highly desirable Westside setting. Don’t miss your chance to own a beautifully refreshed bungalow with timeless appeal and modern upgrades in the heart of it all.

Getting Around

63
WalkingSomewhat Walkable
47
TransitSome Transit
76
BikeVery Bikeable

Schools

6/10
6/10
Holmes Middle SchoolGrades 6-82.2 mi
4/10
Coronado High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1945

Materials

  • Foundation: Crawl Space
  • Roof: Other
  • Construction materials: Stucco,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Refrigerator
  • Laundry features: Main Level

Bedrooms & Bathrooms

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

Features

  • High Speed Internet
  • Flooring: Carpet,Ceramic Tile
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 657

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 657
  • Total interior livable area: 657 sqft

Other

  • Level: Main
  • Area: 80

Property

Details

  • Parcel number: 7412421037

Lot

  • Lot size: 5,039 sqft
  • Features: Level,Near Hospital,Near Park,Near Schools

Parking

  • Parking features: No Garage

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 WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Inland Flooding
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 $1,491$17,892
Home Insurance *$249$2,988
Property Taxes $110$1,320
Electricity $186$2,232
Total$2,036$24,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,805/yr
40% on housing$61,080/yr
45% on housing$54,293/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

$449This listing

vs Other Active Listings

Avg $/sqft

ZIP 80905$153
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80905
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-18Price change$294,900
2026-06-17Listing removed$1,100
2026-06-09Listed for rent$1,100
2026-06-04Listed for sale$299,900
2026-05-04Listing removed$299,990
2026-03-30Listed for sale$299,990
2026-03-17Listing removed$1,450
2026-03-10Listed for rent$1,450
2026-03-03Listing removed$1,450
2025-12-02Price change$1,450
2025-11-11Price change$1,495
2025-10-13Listed for rent$1,450
2025-09-19Listing removed$1,595
2025-09-16Listed for rent$1,595
2025-09-16Listing removed$1,595
2025-09-02Listing removed$349,900
2025-08-21Price change$349,900
2025-08-18Listed for rent$1,595
2025-08-17Listing removed$1,595
2025-08-12Listed for rent$1,595
2025-07-25Price change$299,990
2025-07-15Price change$324,995
2025-07-10Listed for sale$349,990
2024-11-15Listing removed$1,499
2013-05-24Sold$75,000
2010-10-20Sold$275,000

For Sale by Agent

AgentPamela Higgins-De Jong ABR MRP
BrokerageRE/MAX Real Estate Group LLC

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