Price Reduction - Short Sale
Address
1435 Peterson Rd, Colorado Springs, CO
Price
$ 315,000
Property Attributes
- MLS#5869955
- TypeSingle Family
- Listing Status Active
- CountyEL PASO
- CityColorado Springs
- NeighborhoodCimarron Hills Fil 5
- Zip80915
- StyleFixer-Upper
- Year Built1972
- Taxes$ 1496
- Price$ 315,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1642
- Lot Size0.12 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description
**PRICE REDUCTION!! Investor Opportunity or Sweat Equity Project in Colorado Springs! This property presents a great opportunity to bring your vision to life and add value. Featuring 5 Bedrooms, 2 Bathrooms, Attached 1-car Garage, his home could be an excellent opportunity for an investor looking for their next investment/project or a handy buyer looking to build sweat equity through renovations and improvements. Some big-ticket mechanicals are already addressed, a New Furnace and A/C were installed in 2026. Bathrooms were also updated within the last few years. With some updating and TLC, this property has the potential to become a great home or a worthwhile investment. *SHORT SALE - SOLD AS IS!*
| Elementary School | Middle School | High School |
|---|---|---|
| McAuliffe Elementary School | Swigert Middle School | Mitchell High School |
| Price History | |
|---|---|
| 8/26/2026 | Listed $350,000 |
| 9/3/2026 | 10$315,000 |
General Features
| Living Area | 1642 |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Central Air,Ceiling Fan(s) |
| Roof | Fiberglass |
| Appliances | Dishwasher,Refrigerator,Microwave |
| Zoning | RS-5000 CA |
| Garage Spaces | 1 |
| Architectural Style | Fixer-Upper |
| Construction Materials | Frame |
| Exclusions | None |
| Year Built | 1972 |
| Levels | Bi-Level |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | El Paso |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Cimarron Hills Fil 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | Head South on Powers Blvd CO-21. Then turn left on Palmer Park Blvd heading East. Turn right on Palmer Park Rd. After you pass Omaha Blvd,1435 Peterson Rd will be on your left. |
| High School | Mitchell |
| City | Colorado Springs |
| High School District | Colorado Springs 11 |
| MLS Area | Out of Area |
| Elementary School | McAuliffe |
| Property Attached Y/N | No |
| Tax Annual Amount | 1496 |
| Middle/Junior High School | Swigert |
| Standard Status | Active |
| Expected Active Date | 2026-08-25 |
| AttributionContact | ivan@luxerealtydenver.com,719-964-2931 |
Interior Features
| Above Grade Finished Area | 821 |
|---|---|
| 3/4 Baths | 1 |
| Total Bedrooms | 5 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Fencing | Fenced |
| Parking Features | Attached |
| Water Source | City |
| Lot Size Area | 5400 |
| Lot Size Acres | 0.12 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80915
Price
Taxes
Year Built
Visits
Information deemed reliable but not guaranteed by the MLS. © 2026 Information and Real Estate Services, LLC.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The IRES, LLC Data on this
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.
© 2026 Grand County Association of REALTORS®. DCMA can be found at https://grandcountyassociation.realtor/contact/. Information deemed reliable, but not guaranteed. This site is used and paid for by multiple independent companies. The real estate broker cannot require you as a prospective buyer to pre-qualify with or utilize the services of either of the mortgage loan originators. Nor can either of the mortgage load originators require you as a prospective buyer to utilize the services of
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