Colorado Springs Homes under $400,000

Welcome to Colorado Springs, a vibrant city nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty, rich history, and a thriving community, Colorado Springs is a perfect blend of outdoor adventure and urban convenience. With a population of over half a million, this city offers a welcoming atmosphere that attracts families, professionals, and retirees alike.

One of the most appealing aspects of Colorado Springs is its diverse housing market, particularly for those seeking homes under $400,000. Whether you’re a first-time homebuyer or looking to downsize, this bustling city provides a variety of options that suit different lifestyles and budgets. From charming single-family homes to modern townhouses, you’ll find properties that reflect the warmth and character of the area.

Imagine waking up to breathtaking views of Pikes Peak or enjoying a leisurely weekend hike in one of the many nearby parks, such as Garden of the Gods or Red Rock Canyon. With a plethora of recreational activities, cultural attractions, and a strong sense of community, Colorado Springs is not just a place to live; it’s a place to thrive.

In addition to its affordability, the city boasts excellent schools, a robust job market, and a variety of dining and shopping options, making it an ideal locale for anyone looking to settle down. Explore the possibilities of calling Colorado Springs home, where your dream of owning a beautiful property under $400,000 can become a reality!

Newest Colorado Springs Homes under $400,000

$399,900

4 Beds ⋅ 3 Baths ⋅ 7806628 MLS

*Professional Photos & Coming Soon* Opportunity meets value in this beautifully maintained Colorado Springs home, where major improvements, versatile living spaces, and exciting possibilities come together! Inside, beautiful cherry wood flooring flows through the living and dining areas, complemented by a cozy gas fireplace. The kitchen features updated stainless steel appliances and plenty of potential for future customization. Upstairs, the primary suite offers a spacious five-piece bathroom, plus an additional full bathroom with new luxury vinyl plank flooring. A standout feature is the enclosed, covered back patio addition, boasting an abundance of natural sunlight through its many windows! This bright, inviting space offers incredible versatility as a sunroom, second sitting area, or flex space to fit your lifestyle. Complete with window coverings and a convenient dog door, it’s the perfect place to relax while enjoying views of the backyard. The basement adds even more value, featuring brand-new carpet, its own three-quarter bathroom, and additional storage space! Ideal for a second family room, 4th bedroom, entertainment area, guest retreat, or potential bedrooms to be added for future equity! Outside, mature trees provide added privacy in the spacious backyard, complete with a large storage shed. With many big-ticket updates already completed, this home offers comfort, functionality, and room to make it your own. Recent improvements include a BRAND-NEW Class 4 impact-resistant roof and gutters, updated furnace, fresh interior paint and modern lighting. Additional highlights include a two-car garage, washer and dryer included, window coverings throughout, and NO HOA! Conveniently located near schools, shopping, and everyday amenities, this home delivers major updates, flexible living spaces, and incredible potential. Schedule your showing today!

6020 Whetstone Dr, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . 719-924-3292

$374,000

3 Beds ⋅ 2 Baths ⋅ 4077102 MLS

Why rent when you can own this home in Colorado Springs for less. AS-IS SALE property. This home has approximately 1,533 sq ft. but also has a partially finished basement of good size. Endless possibilities for such a little price. If you blink it will be SOLD. Buyers to inspect prior to bidding. The Buyer's due diligence needs to be conducted prior to bidding, as the high bidder will receive an AS-IS only contract.

8123 Sedgewick Dr, Colorado Springs

Courtesy of Realhome Services & Solutions . neven.spralja@rhss.com,888-876-3372

$315,000

1 Beds ⋅ 1 Baths ⋅ 5733841 MLS

Historic 1934 Dorchester ranch on a spacious 7,500 square foot R-2 zoned lot with ADU potential, a detached garage, a Tesla EV charger, and trails close by. This single family home offers 1 bedroom, 1 bath, and 737 square feet of the charm and character that only a home with real roots can offer, plus zoning that makes it a standout for investors and owner-occupants alike, with potential for a second unit (buyer to verify with the city). Mornings start with coffee in an open living and dining space, and the kitchen makes weeknight dinners easy with its gas range, dishwasher, and fridge. The washer and dryer stay, so move-in is simple. The detached garage has an opener, and the Tesla charger keeps your electric vehicle ready to roll. Out back, the private fenced yard is made for weekend cookouts, garden beds, and slow evenings outside, with a storage shed and cellar for your tools and toys. Trail access is part of everyday life here, with Dorchester Park, Stratton Open Space, and Cheyenne Cañon close by for morning hikes, trail runs, and weekend bike rides. Stroll to the IvyWild School neighborhood for local coffee, dining, and shops, all an easy walk from your front door. Tucked into an established Colorado Springs neighborhood, you are also minutes from downtown and the Broadmoor. No HOA. A historic address with a future full of possibility.

39 W Brookside St, Colorado Springs

Courtesy of Jade Real Estate . 913-355-5186

$397,000

4 Beds ⋅ 3 Baths ⋅ 2513745 MLS

Welcome home to this inviting property offering a comfortable blend of charm, functionality, and everyday convenience. Step inside to find a bright and welcoming interior with a practical floor plan and comfortable living spaces ready to fit your lifestyle. Natural light throughout creates a warm atmosphere, while the home's character provides a great foundation for adding your own personal touches. The outdoor space offers plenty of possibilities—whether you envision summer barbecues, a garden, space for pets, or simply a quiet place to unwind and enjoy Colorado's beautiful weather. Conveniently located near shopping, dining, parks, schools, and everyday amenities, this home offers easy access to everything you need while maintaining the comfortable feel of an established neighborhood. Whether you're purchasing your first home, downsizing, or looking for a property you can truly make your own, this one is full of possibilities and ready for its next chapter!

1817 Yuma St, Colorado Springs

Courtesy of Keller Williams Premier Realty, LLC . tiffany@thetiffanyhometeam.com,719-232-1564

$285,000

3 Beds ⋅ 2 Baths ⋅ 3212435 MLS

Adjacent to the Cottonwood Creek Trail and nestled in the premier Ptarmigan Court community, this 3 bdrm, 1.5 bath town home offers an incredibly functional floor plan that maximizes every inch with a welcoming entry coat closet, spacious under-stair storage, and a deep upper-level linen closet. Beautiful engineered wood flooring flows seamlessly through the main level living area adding modern appeal and ease of maintenance. The kitchen features black appliances, plenty of counter and cabinet space, and a window above the sink allowing natural light to pour in. The separate eating area connects the kitchen and great room and blends indoor and outdoor living spaces with walk-out access to the patio and greenbelt. The great room is anchored by a wood-burning fireplace, great for ambience and those chilly winter nights! Rounding out the main level is a half-bath for added convenience, and includes a dedicated laundry space; washer and dryer included! On your way upstairs, take note of the generous landing, perfect for your favorite seasonal decor, or for taking a pause. The upper level is complete with three bedrooms and a full bathroom. One of the two westerly facing bedrooms captures a mountain view! Enjoy a peaceful, park-like setting from the back patio, or the lovely sitting area out front; both offering private outdoor nooks. Complete with a one-car attached garage and ample driveway, there are several guest parking spaces just steps away. Recent significant updates offering peace of mind include a NEW roof in 2024, NEW Furnace in 2022, Updated Electrical Panel 2022, and a NEW Water Heater 2018. Outdoor enthusiasts have easy access to hop on the trail and enjoy miles of interconnected urban paths for morning jogs, evening strolls, or weekend bike rides. Close to parks, shopping, dining, and entertainment, this home offers an unbeatable layout, a legendary location, and a spectacular outdoor lifestyle! All this home needs is a NEW Owner, and that...should be YOU!

7412 Casa Grande Ct, Colorado Springs

Courtesy of Keller Williams Clients Choice Realty . mzufallrealtor#756@gmail.com,719-535-0355

$279,900

2 Beds ⋅ 1 Baths ⋅ 5953587 MLS

Unique investment property opportunity in a great location. This versatile property features a Duplex building style and holds property type classifications including Single Family, and Other - Income) - Zoned R2. Utilities are permited and connected double gas taps, electrical meter, sewer and water... split for true duplex income opportunity. Demo is done! New roof, new HVAC and water heater, new electrical panel. Some insulation and drywall completed on floor 1. Upon entering the property, you are welcomed into a functional foyer, for duplex floorplan configuration - OR, single family mud room with master suite upstairs, you choose!! This home is looking for the project guy who sees the beautiful finishes and potential. The main floor interior consists of a total of 2 bedrooms, 1 jack and jill bathroom, framed out kitchen area, dining laundry and living space. Among the bathroom setup is a practical double entry bathroom. Up spiral curved wood staircase, second level provides space for 1 bedroom, 1 bath studio with potential kitchen area. Check out the 3D virtual tour for a complete walk through of the home. The building is fitted with new casement windows throughout the space. Extending the property outdoors, a door to back exterior is framed in at dining area and ready for a new deck. The yard is large and fenced on two sides. The oversized detached one car garage is ideal for storage or a workshop area. Concrete slabs on either side of the garage increases parking options and could even accommodate RV parking. A separate storage building has individual doors, ideal for roommates or general organization. This historic charmer is just waiting to be finished and brought back to life.

523 E Platte Ave, Colorado Springs

Courtesy of Coldwell Banker Realty BK . peggyinco@gmail.com,719-433-5967

842 Tenderfoot Hill Rd Unit 101, Colorado Springs

$160,000

2 Beds ⋅ 2 Baths ⋅ 2679494 MLS

Enjoy comfortable, low-maintenance living in this well-appointed home at Mirage at Cheyenne Mountain. The stone and stucco exterior, composition roof, covered balcony patio, and detached garage and additional parking lot space provide a practical combination of function and outdoor enjoyment. Inside, the main level is mostly carpeted and offers a comfortable layout designed for everyday living. The living room features a stone-surround wood-burning fireplace, creating a warm focal point for relaxing evenings or gathering with guests. The adjacent dining area includes a lighted ceiling fan and connects to the functional kitchen, which offers linoleum flooring, laminate countertops, electric range with vent hood, refrigerator, dishwasher, and disposal. The bedroom spaces provide useful storage, including a bedroom with a double-door closet and a primary bedroom with a large walk-in closet and private three-quarter bathroom. The primary bath includes laminate countertops, linoleum flooring, tiled shower area, and medicine cabinet. A full bathroom features linoleum flooring, laminate countertop, medicine cabinet, and tiled tub/shower area. A dedicated laundry area includes a washer and dryer, along with built-in wood shelving for added organization. Gas forced-air heating provides year-round comfort. The HOA includes insurance, irrigation water, grounds and structure maintenance, recycling, road maintenance, snow removal, trash, and water. Community amenities include a clubhouse, playground, and pool, adding convenience and opportunities for recreation. With practical features, comfortable living spaces, and included exterior maintenance, this home offers an easy place to settle in and enjoy everyday life.

842 Tenderfoot Hill Rd Unit 101, Colorado Springs

Courtesy of Keller Williams DTC . Christie@VincentGroupSells.com,303-317-7171

$399,900

2 Beds ⋅ 2 Baths ⋅ 8178105 MLS

Enjoy comfortable, low-maintenance living in this inviting 2-bedroom, 2-bathroom home filled with natural light. Plantation shutters throughout add timeless style, while the kitchen features quartz countertops, stainless steel appliances, a gas range, an island, and expansive cabinetry with plenty of storage. The spacious primary suite offers a large walk-in closet and a zero-step walk-in shower for added ease and accessibility. A whole-house humidifier provides year-round comfort, and the washer and dryer are included for added convenience. Step outside to the rear patio, complete with a natural gas hookup and Weber grill, perfect for enjoying evenings outdoors. An added bonus for eligible buyers is the opportunity to assume the seller’s VA loan at an attractive 5.125% interest rate, subject to lender approval and eligibility requirements. With thoughtful features and inviting spaces, this home offers an easy, comfortable lifestyle from the moment you move in.

6334 Syre Pt, Colorado Springs

Courtesy of Iconic Colorado Properties, LLC . claire@iconiccoloradoproperties.com,970-593-2685

$375,000

3 Beds ⋅ 2 Baths ⋅ 9946826 MLS

Welcome to your turn-key, move-in-ready dream home! Nestled in a quiet, desirable cul-de-sac on the north side of town, this updated property sits on a premium, fully fenced quarter-acre lot close to parks, schools, shopping, and dining. Inside, the bright, open-concept main level features brand-new luxury vinyl plank flooring, fresh paint, and stylish new doors. The updated kitchen shines with modern stainless steel appliances (including a new dishwasher), sleek countertops, and pristine cabinetry. The upper level hosts two comfortable bedrooms with plush new carpet and a beautifully updated full bath. The fully finished lower level offers excellent functional space, including a large second living room perfect for movie nights, a spacious third bedroom with a garden-level window, a half bath, and a dedicated laundry room. High-efficiency systems ensure year-round comfort, highlighted by a new furnace installed in 2025 and central A/C. Step outside to your expansive private patio—ideal for entertaining and grilling while your pets play safely in the massive, fenced backyard. An oversized one-car garage and a brand new Tuff shed provide ample storage.

3832 Vaquero Cir S, Colorado Springs

Courtesy of HomeSmart Realty . pdroogsma@gmail.com,719-205-3147

$354,900

3 Beds ⋅ 3 Baths ⋅ 9828082 MLS

Beautifully updated three-story home in Banning Lewis Ranch offering 3 bedrooms, 3 bathrooms, multiple living spaces, and an attached 2-car garage. Recent improvements include a new roof, new kitchen cabinets and quartz countertops, new appliances, updated bath vanities, refinished hardwood floors, new carpet, fresh interior and exterior paint, and updated plumbing and electrical fixtures. The second level features an open kitchen and dining area with a large center island, two bedrooms, a full bath, and access to a balcony. The third-floor primary suite includes a spacious bedroom, private bath with dual vanities, walk-in closet, convenient laundry area, additional sitting room, and a second balcony. Enjoy the covered front porch along with access to Banning Lewis Ranch community amenities including parks and open space, trails, playgrounds, a dog park, community center, fitness center, and pool.

9149 Castlebear Dr, Colorado Springs

Courtesy of Coldwell Banker Realty BK . amy.mossco@gmail.com,719-213-9324

6679 Bethesda Pt Unit C, Colorado Springs

$300,000

2 Beds ⋅ 2 Baths ⋅ 5974113 MLS

Peaceful Main-Level Living Near Cottonwood Creek Trail. Enjoy the perfect blend of comfort, convenience, and nature in this inviting, single-level condominium in the desirable Academy School District 20. Offering 2 bedrooms, 2 bathrooms, and a thoughtfully designed layout, this home is ideal for those seeking easy, low-maintenance living in a quiet, secluded setting. With a step-free entrance from the carport to the front door and snow removal right up to your doorstep, everyday living is made easier and more convenient. The welcoming great room features a cozy gas fireplace, creating the perfect setting to relax or entertain. The kitchen offers a convenient breakfast bar, all appliances included, and a separate dining area for everyday meals or hosting guests. Step outside to your private patio and enjoy the peaceful surroundings. The spacious primary suite features a walk-in closet, private bathroom, and a versatile flex area perfect for additional storage, a dressing area, or a home office. The functional floor plan and main-level design offer comfort and flexibility to suit a variety of lifestyles. Nature lovers will appreciate the nearby Cottonwood Creek and Cottonwood Creek Trail, offering opportunities for scenic walks, biking, and outdoor recreation. Conveniently located near shopping, newer retail amenities, and easy access to I-25, this home combines a tranquil residential setting with everyday conveniences.

6679 Bethesda Pt Unit C, Colorado Springs

Courtesy of The Innovative Group LLC . info@phcmoves.com,719-291-4165

$395,000

3 Beds ⋅ 3 Baths ⋅ 5274611 MLS

This two-story home offers three bedrooms, two full bathrooms, a main-level half bath, and an attached two-car garage. The main level connects the kitchen, dining area, and living room in an open layout, with a fireplace, built-in display niches, and sliding-door access to the rear patio. The kitchen features ample cabinetry, a breakfast bar, and tile flooring. Upstairs, the spacious primary bedroom includes a bay window, a walk-in closet, and an adjoining bathroom with a double vanity, soaking tub, and separate shower. Two additional bedrooms and a full hall bathroom complete the upper level. An unfinished basement provides additional storage and flexible space for future plans. Enjoy the rear patio, established landscaping, and a manageable yard.

7763 Autumn Leaf Way, Colorado Springs

Courtesy of Keller Williams DTC . adam@shepherdps.com,303-909-7725

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