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Back 501 N Franklin St
Off Market

501 N Franklin St

Colorado Springs CO 80903

5
4
2
4500 sq. ft.
5800 sq. ft.
Single-Family
Last sold for $750,000
Tanya WalterTanya Walter, last sold this property on 30 January 2026 after 217 days on market.

Overview

Imagine stepping out your front door and walking almost everywhere you love. Morning coffee at the neighborhood café, pizza night around the corner, trails, parks, restaurants, shops, and schools—all just blocks away. This beautifully custom-built home, only 8 years old, sits in the heart of an established downtown neighborhood and offers the lifestyle buyers are searching for WITH POSSIBLE SELLER CONCESSIONS! Inside, the home feels warm and welcoming. The open main level is filled with natural light, tall ceilings, hardwood floors, and a cozy gas fireplace—perfect for quiet evenings or hosting friends. The kitchen is truly the heart of the home with slab granite countertops, stainless steel appliances, custom cabinetry, and a large island with a gas cooktop that invites conversation. The main-level primary suite is a peaceful retreat with a spa-like bathroom featuring double vanities, granite counters, tile floors, a spacious walk-in shower, and a generous walk-in closet. The nearby laundry room offers great storage and folding space to keep daily life organized. Upstairs offers a second living space, a loft with a gas fireplace and mountain views—ideal for movie nights or relaxing. Three spacious bedrooms share a large full bath with double sinks. The finished basement adds flexibility with a third family room currently used as a media space, 9-foot ceilings, a fifth bedroom, a full bathroom, and plenty of storage. Outside, enjoy a low-maintenance turf yard perfect for play or entertaining, plus easy access to the oversized two-car garage off the alley. With central air, two gas fireplaces, a stucco exterior, and upgrades throughout, this home offers modern comfort in a truly walkable downtown location.

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
4500 sq. ft. floor area
5800 sq. ft. 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 501 N Franklin St is $718.75k.

Median value
$718.75k
Estimated value range
$520k - $1.59m
Median days on market
59
Estimated value trend
66%
increase 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 501 N Franklin St

2026
Sold
$750,000
30 Jan 2026 by Tanya Walter, of ERA Shields Real Estate
2021
Sold
$715,000
10 Aug 2021 by Nate Banet, of The Platinum Group
2018
Sold
$499,000
08 Mar 2018 by Nate Banet

Happy sellers in Colorado Springs

~%

We have insufficient information to provide an overview of customer satisfaction for Colorado Springs. Viewing the agent profiles, reviews and sales for Colorado Springs can provide insights for this location.

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

In the last 12 months, 9 five-bedroom single-family properties similar to 501 N Franklin St, have been sold.

This represents a 150% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Jennifer Browne

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Kristen Norton

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Debby Ludvik

Sellers who recommend Debby Ludvik have praised them for being local expert, clear communication, responsive, supportive, reliable, stress-free process, and patient

  •   5   (50 reviews)
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Mike Hoard

Sellers who recommend Mike Hoard have praised them for being local expert

  •   5   (25 reviews)
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