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198 Millstream Ter, Colorado Springs, CO, 80905

4beds
4baths
3,924sqft
$675,000
$172price/sqft
$4,211/moest. monthly cost
$168,440/yrincome needed

About This Home

Welcome to this well-maintained ranch-style home in the heart of Gold Hill Mesa, offered for the first time since 2007! This inviting home features main-level living with a spacious primary suite complete with a 5-piece bathroom and standalone shower, a dedicated office with French doors and closet, and an additional bedroom. The open-concept living room, dining area, and kitchen create the perfect gathering space for everyday living and entertaining. The finished basement offers a large recreation room with flexible use options including a home theater, game room, or additional family room, along with two large bedrooms and a shared full bathroom. The utility room includes a workbench and abundant storage space. Situated on a corner lot, the home also features a fully fenced yard with a patio and a variety of established plants and landscaping. Conveniently located near parks, trails, dining, and shopping. The community offers an exercise room and community center for resident use. Schedule your showing today!

Getting Around

44
WalkingCar-Dependent
27
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

5/10
Midland Elementary SchoolGrades PK-50.8 mi
5/10
West Middle SchoolGrades 6-81.0 mi
4/10
Coronado High SchoolGrades 9-123.1 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2007

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Gas in Kitchen,Exhaust Fan,Microwave,Oven,Washer
  • Laundry features: Main Level

Basement

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

Bedrooms & Bathrooms

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

Features

  • 5-Pc Bath,French Doors,Wet Bar
  • Flooring: Carpet,Vinyl/Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Gas,One
  • Fireplace: Yes
  • Finished area below ground: 1,959
  • Finished area above ground: 1,965

Heating & Cooling

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

Interior Area

  • Total structure area: 3,924
  • Total interior livable area: 3,924 sqft

Other

  • Level: Main
  • Area: 192

Property

Details

  • Parcel number: 7414417027

Features

  • Patio & porch: Concrete
  • Exterior features: Auto Sprinkler System
  • Fencing: Back Yard

Lot

  • Lot size: 4,643 sqft
  • Features: Corner Lot,Hiking Trail,Near Fire Station,Near Park,Near Schools,Near Shopping Center,HOA Required $,Rear 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 $3,413$40,956
Home Insurance *$249$2,988
Property Taxes $253$3,036
Electricity $296$3,554
Total$4,211$50,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,377/yr
40% on housing$126,330/yr
45% on housing$112,293/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

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 80905$152
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
2026-08-13Price change$650,000
2026-08-06Price change$665,000
2026-06-16Price change$675,000
2026-05-15Listed for sale$689,000
2008-01-16Sold$376,500

For Sale by Agent

AgentCarine Jouanny-Czohara
BrokerageColorado RE Group LLC

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