Colorado Springs Homes under $400,000

Colorado Springs Homes under $400,000

Welcome to Colorado Springs, a vibrant city nestled at the foot of the majestic Rocky Mountains. Known for its stunning natural beauty, this thriving community offers a perfect blend of outdoor adventures, rich history, and a welcoming atmosphere. With a mild climate and over 300 days of sunshine each year, residents can enjoy a plethora of activities, from hiking the iconic Pikes Peak to exploring the breathtaking Garden of the Gods.

Colorado Springs is not just a feast for the eyes; it’s also a fantastic place to call home. The city boasts a diverse array of neighborhoods, each with its unique charm and character. Whether you’re looking for a quaint suburban retreat or a lively urban environment, you’ll find it here. Families, young professionals, and retirees alike are drawn to the area for its excellent schools, abundant parks, and a strong sense of community.

For those seeking affordable housing options, Colorado Springs offers a variety of homes under $400,000. From cozy single-family houses to modern townhomes, there’s something for everyone. These homes provide an excellent opportunity for first-time buyers or those looking to downsize without sacrificing the quality of life. With the city's ongoing growth and development, investing in a property here is not just a smart financial move; it’s a chance to embrace a lifestyle filled with adventure and connection.

Discover the charm of Colorado Springs and explore the possibilities that await you in this remarkable city. Your dream home is just around the corner!

Newest Colorado Springs Homes under $400,000

Colorado Springs
$245,000
2 Beds ⋅ 1 Baths ⋅ 1247450 MLS
Charming and affordable mid-century living awaits in this 2-bedroom, 1-bathroom home located in the established Eastlake neighborhood of Colorado Springs. Spanning a manageable 748 square feet of single-level living space, this property offers an incredible opportunity for first-time buyers, downsizers, or savvy investors looking for a solid asset with no metro district fees or HOA restrictions. Step inside to a layout that maximizes every square inch, highlighted by a modern kitchen complete with sleek granite countertops and durable ceramic tile flooring. The wood-frame construction and classic wood siding preserve the home's original character, while a reliable composition shingle roof provides peace of mind. Outside, the lot offers a low-maintenance yard with two handy storage sheds for all your tools and outdoor gear. Connected to reliable public water and sewer through Colorado Springs Utilities, this home sits in Colorado Springs School District 11, with Monroe Elementary, Swigert Aerospace Academy, and Mitchell High School all nearby. Complete with an off-street driveway for convenient parking, this sweet ranch home delivers simple, cozy living with easy access to everything the city has to offer.

Colorado Springs
323 E Willamette Ave, Colorado Springs
$370,000
3 Beds ⋅ 1 Baths ⋅ 5219629 MLS
Discover the perfect blend of historic charm and modern updates in this beautifully maintained 3-bedroom cottage nestled in the heart of Downtown Colorado Springs. Rich in character and thoughtfully updated with a newer roof, exterior paint, windows, and all new landscaping. Ideally located within walking distance to Colorado College, vibrant downtown dining and shopping, neighborhood parks, and miles of walking and biking trails, the location offers an exceptional Colorado lifestyle. The home features an oversized primary bedroom and an arched subway tile shower. Whether you're looking for a primary residence, a second home, or an investment opportunity, this property stands out with its long-established history as a successful Airbnb, offering proven income potential. Inside, you'll find a warm, welcoming atmosphere filled with classic architectural details, comfortable living spaces, and modern enhancements that make everyday living easy. Don't miss this rare opportunity to own a piece of Colorado Springs history in one of the city's most desirable and walkable neighborhoods.

323 E Willamette Ave, Colorado Springs
312 E Cimarron St, Colorado Springs
$365,000
3 Beds ⋅ 2 Baths ⋅ 1677945 MLS
Historic character, with many of the major improvements already done. Just minutes from downtown Colorado Springs, this 3-bedroom, 2-bath home combines original hardwood floors, built-ins, and classic architectural details with substantial updates inside and out. With newer heating and cooling systems, a newer water heater, an updated electrical panel, new PEX water supply lines, and a replaced sewer line to the city main, many of the big-ticket improvements have already been taken care of. Fresh exterior paint, clean landscaping, an updated main kitchen with stainless steel appliances, and refreshed bathrooms make this home ready to move into and enjoy. Beyond the updates, the layout offers something you don't find in every home: a second kitchen with separate access to the upper level. This flexible setup creates possibilities for guests, multi-generational living, or potential rental income. An enclosed front sunroom, off-street parking, and a spacious backyard with a concrete patio and fire-pit area add to the appeal. Downtown restaurants, coffee shops, entertainment, and the revitalized south-end are all just minutes away.

312 E Cimarron St, Colorado Springs
Start Your Search


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 the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Above The Clouds Mountain Properties are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions

How much is your home worth?

Get instant property value now!