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504 Silver Mine Dr, Colorado Springs, CO, 80905

5beds
4baths
3,207sqft
$599,000
$187price/sqft
$3,743/moest. monthly cost
$149,720/yrincome needed

About This Home

Discover this beautifully appointed two-story home ideally situated near Bear Creek Park, offering 5 bedrooms, 4 bathrooms, and a 2-car garage. The low-maintenance stucco exterior sets the tone for effortless living, while the thoughtfully designed interior blends comfort with timeless style. Step inside to a welcoming formal living room with plush carpeting, elegant crown molding, and a striking double-sided stone-surround gas fireplace that also warms the adjacent family room. Large windows throughout create a light-filled atmosphere perfect for both relaxing and entertaining. The open-concept kitchen is a true centerpiece, featuring granite countertops, a spacious island, two-toned cabinetry, new stainless steel appliances, a gas range, and rich hardwood flooring that flows seamlessly into the dining area. From here, enjoy easy access to the private, fenced backyard complete with a stone-paved patio, pergola, and hot tub—an ideal setting for outdoor gatherings or quiet evenings. The main level also includes a convenient bedroom, a ¾ bathroom, a laundry/mud room, and direct garage access. Upstairs, retreat to the expansive primary suite, where a large bay window frames beautiful Cheyenne Mountain views. The en-suite five-piece bathroom is thoughtfully designed with a barn door entry and connects to a generous walk-in closet. Two additional bedrooms share a Jack-and-Jill bathroom with a double vanity, offering both comfort and functionality. The recently finished basement expands your living space with a large recreation room, flexible area for a home gym or office, a fifth bedroom, a new ¾ bathroom, and additional utility/storage space. Ideally located with quick access to I-25, top-rated schools, parks, and scenic trails, this home combines convenience with Colorado living at its finest. Notable updates include a new furnace (2024) and water heater (2020).

Getting Around

27
WalkingCar-Dependent
24
TransitMinimal Transit
33
BikeSomewhat Bikeable

Schools

5/10
5/10
West Middle SchoolGrades 6-81.3 mi
4/10
Coronado High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2000

Materials

  • Roof: Composite Shingle
  • Construction materials: Stucco,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

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

Features

  • 5-Pc Bath,Crown Molding,Pantry
  • Flooring: Carpet,Vinyl/Linoleum,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas,One
  • Fireplace: Yes
  • Finished area below ground: 1,110
  • Finished area above ground: 2,097

Heating & Cooling

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

Interior Area

  • Total structure area: 3,207
  • Total interior livable area: 3,207 sqft

Other

  • Level: Upper
  • Area: 286

Property

Details

  • Parcel number: 7414408013

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Other,See Prop Desc Remarks
  • Exterior features: Auto Sprinkler System
  • Has spa: Yes
  • Spa features: Hot Tub/Spa
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 5,745 sqft
  • Features: Level,Hiking Trail,Near Park,Near Schools,Near Shopping Center,Landscaped

Parking

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

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Winter Weather
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 $3,028$36,336
Home Insurance *$249$2,988
Property Taxes $224$2,688
Electricity $242$2,905
Total$3,743$44,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,331/yr
40% on housing$112,290/yr
45% on housing$99,813/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

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 80905$151
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
2026-05-12Contingent$619,000
2026-05-09Listed for sale$619,000
2020-03-09Sold$401,000
2013-05-02Sold$274,500
2013-03-13Pending sale$285,000
2013-02-22Listed for sale$285,000
2001-05-31Sold$222,200

For Sale by Agent

AgentMike Rosenhahn
BrokerageThe Cutting Edge

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