Back 1302 Margo Lane
Off Market

1302 Margo Lane

Colorado Springs CO 80909

4
3
2370 sq. ft.
14695 sq. ft.
Single-Family
Last sold for $387,000
Tsutomu WakinoTsutomu Wakino, last sold this property on 29 January 2026 after 103 days on market.

Overview

Looking for main level living nestled in the heart of Colorado Springs? A quiet neighborhood on a cul-de-sac? Room to build? You may find what you’re seeking with this 4-bed, 3-bath ranch-style home with full basement on a generous 0.34-acre lot in Palmer Heights, near Knob Hill. Freshly painted, the home features vintage craftsmanship, unique separation of spaces, versatile guest/den suite with ensuite bathroom, & includes a new roof, plus new flooring on the main. Enjoy a large, fenced backyard with mature trees, private back patio, and room for entertaining - and for a future garage. The main level offers two living spaces, dining room with walkout, kitchen with tile accents, two bedrooms and two bathrooms. Downstairs, the fully finished basement provides an extra family or recreation room, two more bedrooms, a 3/4 bathroom, a bonus room, & a dedicated laundry area—perfect for guests, a home office, or a second living space. The home is already equipped with a stair lift, if needed. Conveniently located near schools, parks, & downtown amenities, this house - full of character - is ready for you to come call it home!

Features

4 bedrooms
3 bathrooms
2370 sq. ft. floor area
14695 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Colorado Springs over the last 12 months, the estimated median property value of 1302 Margo Lane is $404k.

Median value
$404k
Estimated value range
$152k - $881k
Median days on market
60
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colorado Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1302 Margo Lane

2026
Sold
$387,000
29 Jan 2026 by Tsutomu Wakino, of KELLER WILLIAMS PARTNERS REALTY

Happy sellers in Colorado Springs

78%
78% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Colorado Springs over the last 12 months.

Local market activity for 4 bedroom single-family properties in Colorado Springs

In the last 12 months, 172 four-bedroom single-family properties similar to 1302 Margo Lane, have been sold.

This represents a 2% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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