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244 Mitchell Ave

Monument CO 80132

7
4341 sq. ft.
10081 sq. ft.
Single-Family
Currently for sale - view listing

Overview

LOCATION • VIEWS • ONE-LEVEL LIVING 3600 TOTAL SQUARE FEET PLUS 784 square feet-2 BED/1BA ADU - INCOME POTENTIAL • MULTI-GENERATIONAL OPTIONS! Welcome to an exceptional opportunity in the heart of Monument, CO—walking distance to Monument Lake, historic downtown Monument, two beautiful parks, summers concerts in one of them, and the hiking/biking trails of Mt. Herman. This versatile 5-bedroom home offers a unique combination of comfort, flexibility, and investment potential. Thoughtfully updated, it features main-level living and a fully finished walkout basement—perfect for multi-generational living or generating rental income. The main level highlights are Luxury Vinyl Plank flooring throughout, a bright living room with shiplap walls and a cozy, modern fireplace. It has an open-concept kitchen, dining, and flex area with vaulted shiplap ceiling. Walk-out to a composite deck, private hot tub, and landscaped backyard—ideal for relaxing or entertaining. In the walkout basement there is a Private entrance, a spacious bedroom with adjacent bathroom (could serve as a second suite). The basement presents multiple living/flex spaces with the private walkout access—perfect for a separate rental unit, guest quarters, or teen retreat. Bonus: Accessory Dwelling Unit: Completed in January 2022, this charming 784 sq ft, 2-bed/1-bath cottage is loaded with potential. It has a full kitchen, dining area, and generous living room with light and bright interior with thoughtful finishes. Just steps to the park with basketball, soccer, playground for the kids and much more. This home is ideal for living in the home and it offers income from areas like the basement and ADU with short, mid, or long-term rentals. All furniture is negotiable making this a turn key home and operation. Contact Listing agent for financials.

Features

7 bedrooms
4341 sq. ft. floor area
10081 sq. ft. lot size
Single-Family

Property history for 244 Mitchell Ave

2021
Sold
$520,000
15 Jun 2021 by Jeff Murrow, of Keller Williams Clients Choice Rlty
2018
Sold
$325,999
25 Sep 2018 by Darren Bryce, of Sellstate Alliance Realty & Property Management

Happy sellers in Monument

76%
76% of sellers in Monument reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 37 reviews in Monument over the last 12 months.

Local market activity for 7 bedroom single-family properties in Monument

In the last 12 months, 5 seven-bedroom single-family properties similar to 244 Mitchell Ave, have been sold.

This represents a 17% increase in seven-bedroom single-family properties sales when compared to the previous 12 months.

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