See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7475 Chancellor Dr, Colorado Springs, CO, 80920

5beds
4baths
3,823sqft
$599,900
$157price/sqft
$3,874/moest. monthly cost
$154,960/yrincome needed

About This Home

Welcome to this impeccably maintained 5-bed, 4-bath home, offering a thoughtful layout and versatile living space. From the moment you walk in, you’re greeted by a formal living room and dining room—ideal for both everyday living and entertaining. The well-equipped kitchen flows seamlessly into a comfortable family room, creating a central gathering space, while a private office provides the flexibility for work or quiet retreat. Upstairs, you’ll find three spacious bedrooms including the primary suite, along with an additional bathroom and a loft that works well as a secondary living area, play space, or flex room. The finished basement expands the home even further with two additional bedrooms, a kitchenette, and a third family room—perfect for guests, multi-generational living, or added entertaining space. Located in award winning district 20 schools, and minutes from the major traffic corridors for easy commute anywhere in town.

Getting Around

13
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

5/10
Timberview Middle SchoolGrades 6-81.3 mi
9/10
Liberty High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2004

Materials

  • Roof: Composite Shingle
  • Construction materials: Brick,Masonite,Framed on Lot

Type & Style

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

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: Upper Level

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • 5-Pc Bath
  • Window features: Window Coverings
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Finished area below ground: 1,223
  • Finished area above ground: 2,600

Heating & Cooling

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

Interior Area

  • Total structure area: 3,823
  • Total interior livable area: 3,823 sqft

Other

  • Level: Upper

Property

Details

  • Parcel number: 6301318015

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Auto Sprinkler System

Lot

  • Lot size: 8,807 sqft
  • Features: See Remarks

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Strong Wind
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 $3,033$36,396
Home Insurance *$329$3,948
Property Taxes $224$2,688
Electricity $288$3,463
Total$3,874$46,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,822/yr
40% on housing$116,220/yr
45% on housing$103,306/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

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 80920$178
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80920
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$644,900
2026-05-06Listed for sale$649,900
2022-07-26Sold$625,000
2022-06-24Contingent$625,000
2022-06-09Listed for sale$625,000
2011-07-18Sold$245,000
2011-05-12Price change$249,000
2011-04-10Price change$274,900
2011-03-03Listed for sale$299,000
2005-02-02Sold$265,802

For Sale by Agent

AgentSam Sparks MRP
BrokerageRealty One Group Apex

Similar Homes