Old Colorado City Homes under $500,000

Welcome to Old Colorado City, a charming neighborhood nestled in the heart of Colorado Springs, Colorado. With its rich history dating back to the gold rush era, Old Colorado City offers a unique blend of old-world charm and modern conveniences. As you stroll through its picturesque streets, you'll be captivated by the beautifully preserved Victorian architecture, vibrant art galleries, and eclectic shops that line the avenues. This neighborhood is not just a place to live; it's a community that celebrates creativity and culture.

Old Colorado City is renowned for its friendly atmosphere and strong sense of community. Residents enjoy easy access to local parks, farmers' markets, and a variety of dining options, from cozy cafes to gourmet restaurants. The area is also home to several annual events, such as the Old Colorado City Art Walk, which showcases the talents of local artists and brings neighbors together in celebration.

For those seeking a home in this delightful neighborhood, you'll be pleased to know that Old Colorado City offers a variety of housing options under $500,000. Whether you're looking for a charming bungalow, a cozy townhouse, or a modern condo, there’s something for everyone. These affordable homes provide an excellent opportunity to invest in a vibrant community without breaking the bank.

With its historic charm, community spirit, and affordability, Old Colorado City is an ideal place to call home. Discover the magic of this neighborhood and find your perfect abode in this enchanting part of Colorado Springs!

Newest Old Colorado City Homes under $500,000

$399,000

2 Beds ⋅ 1 Baths ⋅ 3499546 MLS

Charming 1895 Victorian still boasts its original charm with the high ceilings, original hardwood floors on both levels, refurbished original molding, and original wood doors! Updated kitchen and bathroom with quartz countertops, stainless appliances, and quality cabinetry. All new plumbing and new electrical wiring throughout the house. Updated electrical panel. Turn-of-the Century Charm with a wrap around porch with Pikes Peak Views, 3 entrances, Mature Trees, Beautiful landscaping and a large, fenced in corner lot. Exterior of the property provides off street parking & even a level 2 EV charger for an RV or an E vehicle. Within walking distance to cafes and minutes from I25 & Hwy 24 plus minutes away from all of the amazing attractions found only in Old Colorado City! Pride of ownership shines on this property! This is not just a house but a home located on the vibrant Westside!

1504 W Cucharras St, Colorado Springs

$486,000

3 Beds ⋅ 2 Baths ⋅ 4319925 MLS

This West side home is full of character. Come check out this 3-bedroom, 2-bath home blends historic charm with thoughtful updates in a desirable west-side location near Old Colorado City. A welcoming covered front porch sets the tone, while inside you’ll find original stained woodwork, five-panel doors, built-ins, and warm wood flooring that reflect the home’s Victorian-era character. For a home of this age, there really is a good amount of storage. There are multiple pantries, closets and built in drawers along with closet space. The spacious living and dining areas offer plenty of natural light, and a freestanding wood stove adds warmth and personality. The updated kitchen features granite countertops, stainless steel appliances, generous cabinetry, and an adjoining nook, while the main-level laundry and pantry add everyday convenience. One bedroom and both baths are located on the main level, including a bath with a classic clawfoot tub and another with a tiled walk-in shower. Upstairs are two additional bedrooms along with access to a charming upper-level balcony. Outside, the 6,000-square-foot lot is filled with mature trees and established landscaping, including flagstone patios, brick pathways, stacked-stone retaining walls, and multiple outdoor spaces for relaxing or entertaining. There is a workshop area and a storage shed to provide additional storage, along with alley access at the rear of the property. The roof was replaced in 2025. All of this in a quiet, tree-lined neighborhood just minutes from the shops, restaurants, galleries, and entertainment of Old Colorado City.

2022 Armstrong Ave, Colorado Springs

$490,000

2 Beds ⋅ 1 Baths ⋅ 6132598 MLS

This charming Victorian property offers excellent versatility for retail, professional office, restaurant, or work/live use. Ideally located along West Colorado Avenue with additional exposure to 21st Street, the property benefits from visibility along two primary travel routes in western Colorado Springs. Currently owner-occupied and used as a real estate office, the property is well-suited for a variety of professional uses, including real estate, insurance, legal, and other office-related businesses, as well as retail, a coffee shop, or restaurant. The main level features front and rear entry foyers, three interior offices surrounding a central meeting area, a full kitchen with stove and refrigerator, and two storage closets. Additional unfinished storage space is available in the basement. The property has been thoughtfully updated with luxury flooring, double-hung windows, and a freshly painted exterior completed in July 2026, adding to its curb appeal while maintaining the character and charm of this historic Victorian. A significant opportunity exists with the attic/loft area, which offers potential to be finished into additional office space or an approximately 500-square-foot studio apartment, subject to applicable zoning, permitting, and approvals. The additional space could potentially be rented separately or incorporated into a work/live configuration. The property includes nine off-street parking spaces located north of the building, providing valuable parking for owners, tenants, employees, and customers. With more than 17,000 vehicle trips per day at the Colorado Avenue and 21st Street intersection, this property offers excellent visibility and exposure for a business looking to establish a presence in western Colorado Springs. A unique opportunity to own a versatile Victorian property with commercial potential, attractive updates, additional development upside, and excellent visibility.

2104 W Colorado Ave, Colorado Springs

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