550 Pierce St, Erie, CO, 80537
About This Home
Incredible value & amazing investment opportunity! Own a piece of Erie history. Originally built in 1893, this charming home offers a rare opportunity to enjoy the character of Old Town living while securing one of the area's most unique properties. Situated on an expansive triple lot just a block from vibrant Briggs Street, you'll appreciate convenient access to Erie's beloved Farmers Market, iconic restaurants, local coffee shops, community events, and Town Park. Inside, the home features two versatile living spaces that can easily accommodate an additional living room, playroom or dining. Two bedrooms, a spacious bathroom with dual vanities, and a functional kitchen provide comfortable everyday living while maintaining the home's historic charm. Outside, the possibilities are what truly set this property apart. The oversized triple lot offers room to expand, create your dream outdoor oasis, or explore the potential for a detached garage and ADU. With no HOA and no metro district, you'll enjoy greater flexibility and lower monthly costs. Whether you're looking for a charming primary residence, an investment opportunity, or a property with future development potential, this is a rare chance to own a landmark piece of Old Town Erie and enjoy one of the area's most sought-after locations.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1893
Materials
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range,Refrigerator,Washer,Dryer
- Laundry features: Washer/Dryer Hookup
Basement
- Basement: None
Bedroom2
- Level: Main
- Area: 91
- Dimensions: 7 x 13
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 54
- Dimensions: 6 x 9
Family Room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Features
- Eat-in Kitchen,Separate Dining Room,Workshop
- Window features: Window Coverings
- Finished area above ground: 1,151
Great Room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 1,151
- Total interior livable area: 1,151 sqft
Kitchen
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Primary Bedroom
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Property
Accessibility
- Accessibility features: Level Lot,Main Floor Bath,Accessible Bedroom,Stall Shower,Main Level Laundry
Details
- Parcel number: R5755786
- Zoning: RES
- Special condition: Private Owner
- Exclusions: Sellers personal property and staging items
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed
- Fencing: Partial
Lot
- Lot size: 0.26 Acres
- Features: Paved,Curbs,Gutters,Sidewalks,Street Light,Alley,Fire Hydrant within 500 Feet
Parking
- Parking features: None
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
- Cold Wave
- Hail
- Tornado
- Winter Weather
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $206 | $2,472 |
| Electricity | $186 | $2,232 |
| Total | $2,872 | $34,464 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $399,000 |
| 2026-07-28 | Price change | $450,000 |
| 2026-07-22 | Price change | $475,000 |
| 2026-07-13 | Pending sale | $495,000 |
| 2026-07-07 | Price change | $495,000 |
| 2026-06-20 | Listed for sale | $510,000 |
| 2026-01-09 | Listing removed | $2,000 |
| 2025-12-27 | Listed for rent | $2,000 |
| 2025-06-04 | Listing removed | $2,000 |
| 2025-05-29 | Listed for rent | $2,000 |
| 2025-02-21 | Sold | $470,000 |
| 2025-01-28 | Pending sale | $485,000 |
| 2025-01-16 | Price change | $485,000 |
| 2024-12-02 | Price change | $520,000 |
| 2024-11-15 | Listed for sale | $540,000 |
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