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257 E Fountain Blvd #1-2-3, Colorado Springs, CO, 80903

5beds
3baths
3,630sqft
$650,000
$179price/sqft
$4,069/moest. monthly cost
$162,760/yrincome needed

About This Home

Prestwick Townhome Community, located in the desirable Lowell Neighborhood, offers a true urban lifestyle with exceptional flexibility for both investors and owner-occupants. Whether you’re seeking a high-performing investment property or the opportunity to live in a stunning townhome while generating income, this property delivers. The ground-level commercial space spans over 1,400 square feet and includes a welcoming front office, kitchen area, half bath, and a private executive office with double doors—ideal for a variety of business uses or long-term leasing potential. Above the commercial space is a beautifully designed, loft-style, two-story townhome featuring three bedrooms and private access via stairs or its own elevator. The main level showcases an open-concept layout with soaring 18-foot ceilings, a spacious kitchen with gas stove, stainless steel appliances, and pantry, along with two bedrooms, a full bathroom, and a laundry room. A gas fireplace adds warmth and ambiance, creating the perfect setting for both entertaining and relaxing evenings. The primary suite occupies its own level, offering a private retreat complete with a luxurious five-piece en-suite bath and a versatile loft space—ideal for a home office, fitness area, or quiet lounge. In addition, a separate one-bedroom, one-bath ADU is located above the two-car garage, featuring its own private entrance. This unit offers an open-concept living area with kitchen, living room, en-suite bedroom, and the convenience of an in-unit stackable washer and dryer—perfect for guests or additional rental income. A charming gated courtyard garden sits at ground level, providing a shared outdoor space that connects all three units. This fully occupied property presents a strong investment opportunity with multiple income streams and significant upside potential. Ideally located within walking distance to downtown, residents enjoy easy access to restaurants, shopping, the U.S. Olympic & Paralympic Museum, and Switchbacks Stadium. A rare mixed-use property combining location, lifestyle, and income potential—this is an opportunity not to be missed.

Getting Around

65
WalkingSomewhat Walkable
50
TransitGood Transit
64
BikeBikeable

Schools

1/10
Hunt Elementary SchoolGrades PK-51.7 mi
6/10
North Middle SchoolGrades 6-81.9 mi
3/10
Palmer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Brick,Stone,Stucco,Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Oven,Refrigerator,Self Cleaning Oven,Trash Compactor,Washer
  • Laundry features: Electric Hook-up

Bedrooms & Bathrooms

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

Features

  • 5-Pc Bath,6-Panel Doors,9Ft + Ceilings,Other,See Prop Desc Remarks,Breakfast Bar,Pantry
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Tile,Luxury Vinyl
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,630
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 3,630
  • Total interior livable area: 3,630 sqft

Other

  • Level: Upper
  • Area: 380

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Accessible Doors

Details

  • Attached to another structure: Yes

Features

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

Lot

  • Lot size: 2,996 sqft
  • Features: Level,See Remarks,Near Fire Station,Near Hospital,Near Park,HOA Required $,Rear Landscaped

Parking

  • Total spaces: 2
  • Parking features: Detached,Even with Main Level,Garage Door Opener,Heated Garage,Oversized,See Remarks,Paved 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 $3,286$39,432
Home Insurance *$266$3,192
Property Taxes $243$2,916
Electricity $274$3,288
Total$4,069$48,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,508/yr
40% on housing$122,070/yr
45% on housing$108,506/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

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$191
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$650,000
2024-09-14Listing removed$695,000
2024-09-11Contingent$695,000
2024-08-30Price change$695,000
2024-08-26Price change$775,000
2024-07-27Listed for sale$799,000

For Sale by Agent

AgentTeresa Jackson
BrokerageJaxsun Properties

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