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417 N Chestnut St, Colorado Springs, CO, 80905

4beds
4baths
1,868sqft
$620,000
$332price/sqft
$3,802/moest. monthly cost
$152,080/yrincome needed

About This Home

Experience modern Colorado living in this beautifully designed 4-bedroom, 4-bathroom townhome built by Tara Custom Homes in 2019. Ideally located just minutes from downtown Colorado Springs, 417 N. Chestnut offers an exceptional blend of luxury, functionality, and investment potential. Previously operated as a successful income property, this fully furnished residence is thoughtfully designed for a seamless, turnkey transition for its next owner. The lower level welcomes you with convenient garage access and a private guest suite complete with a walk-in closet and ensuite bathroom, making it ideal for any living needs. The main level is designed for both everyday living and entertaining, featuring an open-concept kitchen, dining area, spacious living room, and powder room. Step outside to enjoy both a front deck and rear patio, creating multiple spaces to relax and take in the Colorado lifestyle. Upstairs, you'll find three additional bedrooms, including a private primary retreat with its own ensuite bathroom, walk-in closet, and personal deck. A spiral staircase leads from the primary deck to the show-stopping rooftop terrace, where a linear gas fireplace and breathtaking 360-degree views create the ultimate outdoor gathering space. With four separate outdoor living areas, a 2-car garage, and a prime location near downtown dining, shopping, and entertainment, this home offers an incredible opportunity for both homeowners and investors alike. The neighboring property at is also available, presenting a rare chance to purchase both homes as a pair.

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 9-122.6 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2019

Materials

  • Roof: Rolled/Hot Mop
  • Construction materials: Stucco,Framed on Lot

Other

  • Builder name: Tara Custom Homes

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas in Kitchen,Microwave,Range,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Main 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

  • Breakfast Bar,Pantry
  • Window features: Window Coverings
  • Flooring: Tile,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Electric,One
  • Fireplace: Yes
  • Finished area below ground: 440
  • Finished area above ground: 1,428
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,868
  • Total interior livable area: 1,868 sqft

Other

  • Level: Upper
  • Area: 132

Property

Details

  • Parcel number: 7412421040
  • Attached to another structure: Yes

Features

  • Levels: 3 Story
  • Stories: 3
  • Patio & porch: Composite
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Panoramic,City,Mountain(s),View of Pikes Peak

Lot

  • Lot size: 3,894 sqft
  • Features: Corner Lot,Near Hospital,Near Public Transit,Near Shopping Center

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Oversized,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

  • 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 $3,135$37,620
Home Insurance *$249$2,988
Property Taxes $232$2,784
Electricity $186$2,232
Total$3,802$45,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,354/yr
40% on housing$114,060/yr
45% on housing$101,386/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

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 80905$150
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
2026-07-17Listed for sale$620,000
2021-07-01Sold$575,000
2020-04-30Listing removed$3,500
2020-03-27Listed for rent$3,500
2019-11-06Sold$488,211
2019-10-01Price change$489,900
2019-07-20Price change$485,900
2019-05-09Listed for sale$459,900

For Sale by Agent

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

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