Back 2038 Pepperwood Drive
Off Market

2038 Pepperwood Drive

Colorado Springs CO 80910

5
2
1276 sq. ft.
0.14 ac.
Single-Family
Last sold for $356,600
Maiya LacyMaiya Lacy, last sold this property on 22 May 2026 after 34 days on market.

Overview

This Pikes Peak Park home stands out with 5 bedrooms, 2 bathrooms, 6 parking spaces, and NO HOA. The 1.5-story layout offers a functional, flexible setup for everyday living, including two bedrooms on the main level. Just inside, a charming espresso bar nook adds the perfect touch for your daily coffee ritual. White cabinetry, stainless steel appliances, and plenty of storage make the kitchen both functional and clean, with a bay window that's perfect for plants. The dining area sits just off the kitchen, making it easy for everyday meals. Each bedroom offers comfortable space and versatility, whether you need additional sleeping areas, an office, or gym. What truly makes this property stand out is what lies beyond the main home. Tucked away out back is the attached mother-in-law suite. Previously used as a successful Airbnb, this space offers an incredible opportunity for additional income, private guest accommodations, or multi-generational living. Whether you're looking to offset your mortgage or step into investing, this is a rare setup that adds real value. The exterior continues to impress with a newer roof, updated fencing, a private yard, storage shed, and mountain views. With plenty of parking, including space for RV parking, you have the freedom to use the property how you want. Perfectly located just minutes from dining, schools, parks, and shopping, with quick access to Academy Blvd and I-25 for an easy commute, this home offers comfort and convenience in one complete package. Whether you're looking for a primary residence with income potential, multi-generational living, or a smart investment, this home checks boxes that are hard to find at this price point!

Features

5 bedrooms
2 bathrooms
1276 sq. ft. floor area
0.14 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Colorado Springs over the last 12 months, the estimated median property value of 2038 Pepperwood Drive is $378.5k.

Median value
$378.5k
Estimated value range
$265.5k - $540k
Median days on market
54
Estimated value trend
-1%
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 2038 Pepperwood Drive

2026
Sold
$356,600
22 May 2026 by Maiya Lacy, of NextHome Elevation
2020
Sold
$285,000
30 Dec 2020 by Angela Ruarte, of Brokers Guild Real Estate

Happy sellers in Colorado Springs

90%
90% 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 4 reviews in Colorado Springs over the last 12 months.

Local market activity for 5 bedroom single-family properties in Colorado Springs

In the last 12 months, 24 five-bedroom single-family properties similar to 2038 Pepperwood Drive, have been sold.

This represents a 36% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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