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$320,000
705 E Hills Rd, Colorado Springs, CO, 80909
2
Beds
1
Bath
1,092
Square Feet
HUGE PRICE IMPROVEMENT!! GREAT INVESTMENT OPPORTUNITY! This property could possibly be renovated to be used as a single family home if desired. It will take considerable work. The lot itself has many beautiful trees, plants and rock features, as if you were in the mountains. At one time there were plans of putting in Coy ponds around the property but was not completed. It has the potential of being an amazing garden getaway.
The owner has looked into scraping the structures and was told by the city that the third of acre lot would be condusive to building two duplexes and two ADU structures .(It is the buyers responsibility to investigate and perform their own Due Diligence.)
The owner will also consider an OWNER CARRY but prefers to be bought out.
This house is sold "AS IS CONDITION "
Offered By
Rick Allan rickallanhomes@outlook.com,303-919-8472, HomeSmart
Property Details
Property Type
Residential
Status
Active
Bedrooms
2
Bathrooms (Full)
1
Property Sub Type
Residential-Detached
Square Feet
1,092
MLS #
5562861
Heating
Forced Air
Utility Features
Electricity Available
SEWER
City Sewer, Public Sewer
Year Built
1946
Basement
Partial, Unfinished, Walk-Out Access
FINISHED BASEMENT SIZE
468.0
ARCHITECTURAL STYLE
Cottage/Bung, Ranch
Roof
Fiberglass
EXTERIOR FEATURES
Gas Grill
Fence
Fenced
Garage spaces
2
Other Structures
Outbuildings
CITY
Colorado Springs
SUBDIVISION
Reeves
COUNTY
El Paso
AREA
Out of Area
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
919.0
LATEST UPDATE
2025-08-15T21:43:16.014Z
DAYS ON MARKET
44
PRICE CHANGE(S)
$350,000 Jul 3, 2025
$320,000 Aug 15, 2025
CUMULATIVE DAYS ON MARKET
44
Property Details
Property Type
Residential
Status
Active
Bedrooms
2
Bathrooms (Full)
1
Property Sub Type
Residential-Detached
Square Feet
1,092
MLS #
5562861
New Properties On Market
7
30%
Decrease In New Listings
Average Asking Price
$438,414
$16,985 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$190
$21 Decrease In List Price/Sq. Ft.
Average Days On Market
13
26 Day
Decrease In Days On Market
Data as of Sep 11, 2025.
Remaining statistics above are calculated on activity within the period from Jul 01, 2025 to Aug 31, 2025.
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Property data was last updated on 9/3/2025 at 8:36 pm