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505 Penrose Blvd

Colorado Springs CO 80906

3
3
2274 sq. ft.
41382 sq. ft.
Single-Family
Currently for sale - view listing

Overview

An exceptional opportunity to build your dream home in one of Colorado Springs’ most prestigious neighborhoods. Situated on nearly one acre directly overlooking the Broadmoor Golf Club, this rare homesite offers spectacular golf course views, mature trees, privacy, and an unmatched setting just minutes from The Broadmoor Resort. The existing residence is ready for renovation or redevelopment, allowing the next owner to create a custom luxury home designed specifically for this incredible location. With an existing water tap and septic/leach field already in place, if you want to build new much of the groundwork has already been established, and if you just want to renovate, you can move in and have an exceptional lot and home quickly! Whether you’re a custom home builder, investor, or buyer searching for one of the last premier building sites in the Broadmoor area, this property presents an extraordinary opportunity to create a legacy home in one of Colorado’s most sought-after communities. Bank-owned property with the ability to close quickly. Seller financing may be available for qualified buyers.

Features

3 bedrooms
3 bathrooms
2274 sq. ft. floor area
41382 sq. ft. lot size
Single-Family

Property history for 505 Penrose Blvd

2017
Sold
$500,000
17 Oct 2017 by Joe Clement

Happy sellers in Colorado Springs

88%
88% 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 5 reviews in Colorado Springs over the last 12 months.

Local market activity for 3 bedroom single-family properties in Colorado Springs

In the last 12 months, 86 three-bedroom single-family properties similar to 505 Penrose Blvd, have been sold.

This represents a 32% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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