505 PENROSE Boulevard, Colorado Springs, CO, 80906

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$895,000

Highlights
Single Family — Foreclosure/REOs
3 bd | 3 ba | 2,274 sqft
505 PENROSE Boulevard, Colorado Springs, CO, 80906 listed by Charles Wahlen
Active
MLS#: 3799803
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Space maker

Property Description

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.

Property Listed By

Charles Wahlen
6990-288-303
217000424

Wahlen Properties
6990-288-303
00030452

Property Details

General Features

Property: Single Family, Tri-Level
Year Built: 1956
List Price: $895,000
County: El Paso
School District: Cheyenne Mtn-12

Rooms

Bedrooms: 3
Baths: 1 full bath; 2 3/4 bath;

Structure

Foundation: Slab
Heating: Forced Air, Natural Gas
Cooling: Central Air
Total SqFt: 2,274
Finished SqFt: 1,543
Construction Status: Existing Home
Siding: Stucco
Structure: Frame

Features

Appliances: Cook Top, Range, Refrigerator

Taxes, Utilities, Lot

Tax: $4,125
Lot Size: 0.95 Acres, 41,382 SqFt
Lot Description: Backs to Golf Course, Golf Course View, Sloping, Trees/Woods
Existing Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Existing Water: Assoc/Distr

Community

Additional Information

Notices: Bank Owned

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