Colorado Springs Homes under $400,000

Welcome to the enchanting world of Colorado Springs, a vibrant city nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty and diverse recreational opportunities, Colorado Springs offers an exceptional quality of life that attracts residents from all walks of life. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, this charming city has something for everyone.

One of the most appealing aspects of Colorado Springs is its affordability, particularly in the housing market. Here, you can find a variety of beautiful homes priced under $400,000, making it an ideal location for those seeking value without compromising on quality. From cozy single-family homes to modern townhouses, the options are plentiful. Many of these residences feature spacious layouts, contemporary amenities, and picturesque views of the surrounding mountains, ensuring you feel right at home in this breathtaking environment.

In addition to its affordable housing, Colorado Springs is rich in community spirit and offers a plethora of amenities. Enjoy the vibrant downtown area filled with local shops, restaurants, and cultural attractions. Outdoor enthusiasts will revel in the abundance of parks, hiking trails, and iconic landmarks like Garden of the Gods and Pikes Peak, all just a stone’s throw away.

Discover the charm of Colorado Springs, where stunning landscapes meet a welcoming community, and find your dream home today! With homes under $400,000, your perfect Colorado lifestyle is within reach.

Newest Colorado Springs Homes under $400,000

$199,000

2 Beds ⋅ 1 Baths ⋅ 3841706 MLS

**A Diamond in the Rough: Your Next Grand Design Awaits!** Welcome to where history meets opportunity! This charming 1898 ranch-style home, nestled in the heart of Colorado Springs, offers 1,112 square feet of potential across 2 cozy bedrooms and a bathroom that's seen more history than your grandma's diary. LOCATION, LOCATION, LOCATION: Situated just a stone's throw from downtown, you'll have easy access to local eateries, shops, and the vibrant culture of Colorado Springs. CHARACTER GALORE: Original hardwood floors that have stood the test of time (and probably a few dance parties). MODERN TOUCHES: A recently updated kitchen equipped with stainless steel appliances, ready for your culinary adventures or midnight snack raids. OUTDOOR OASIS: A nicely landscaped, low-maintenance backyard perfect for BBQs, stargazing, or practicing your yoga poses without an audience. ZONED for Commercial or Residential Looking for your next flip!?! or Minor redevelopment?!?

426 E Bijou St, Colorado Springs

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . mike@kenneyandcompany.com,719-550-1515

$199,000

2 Beds ⋅ 1 Baths ⋅ 3841706 MLS

426 E Bijou St, Colorado Springs

Listing courtesy of Michael Kenney.

mike@kenneyandcompany.com,719-550-1515

$397,500

2 Beds ⋅ 1 Baths ⋅ 4084465 MLS

Beautifully renovated 1920s bungalow seamlessly blends timeless charm with modern updates and showcases true pride of ownership inside and out. Perfectly situated across from Boulder Park, the fully fenced yard offers privacy and a welcoming covered front porch—an ideal spot to relax and enjoy the view. Step inside to discover beautifully refinished original hardwood floors, high ceilings, wide trim, a classic built-in hutch, and an inviting open floor plan filled with abundant natural light. Every detail has been thoughtfully updated, including new interior and exterior paint, new doors, and ceiling fans, while preserving the home's historic character. The spacious living room flows effortlessly into the dining area, creating an ideal space for everyday living and entertaining. The remodeled kitchen features updated cabinetry, granite countertops, a custom tile backsplash, stainless steel appliances, a gas range, overhead microwave, modern fixtures and hardware, plus a convenient coffee bar area with additional storage. The home offers two bedrooms and a beautifully updated full bathroom complete with a new vanity, mirror, fixtures, a large soaking tub, and custom tile surround. The large unfinished basement provides excellent storage and offers endless possibilities for future expansion. A new glass door leads to the backyard retreat featuring a wood deck, patio, and custom-built planter walls—perfect for outdoor entertaining or enjoying your private outdoor oasis. Completing the property is a detached two-car garage with convenient alley access. The home has updated exterior siding, fully landscpaed, and front sprinkler system. This move-in-ready gem combines historic character, thoughtful updates. Property is zoned R-2 and conveniently located to the park, hosptial, downtown, local coffee shops, local restaurants, and the exceptional walkablity. Some upgrades include, water heater 2023, roof 2021, electrical 2012, landscpaing, kitchen, bath, and exterior.

1315 E Boulder St, Colorado Springs

Courtesy of Walston Group Real Estate . jennifer@walstongroup.com,719-290-6757

$375,000

3 Beds ⋅ 2 Baths ⋅ 9728649 MLS

Located just minutes from the heart of downtown Colorado Springs, this 3-bedroom, 2-bath home offers a unique combination of character, flexibility, and value. Recent exterior improvements, including fresh paint and refreshed landscaping, further enhance the property's appeal. Inside, original hardwood floors, built-ins, and classic architectural details reflect the home's historic character, while thoughtful improvements provide modern comfort. The main kitchen features updated cabinetry and stainless steel appliances, and both bathrooms include more current finishes. A standout feature is the flexible layout, including a second kitchen and separate access to the upper level. Whether you're looking for space for multi-generational living, guests, a home office setup, or potential income-producing use, this home offers a variety of possibilities. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines throughout, and a replaced sewer line to the city main—providing added confidence that many of the major components have already been addressed. Additional highlights include dedicated off-street parking, an enclosed front sunroom, a spacious backyard with concrete patio and fire-pit area, and a highly walkable location near the revitalized south end of downtown and the downtown core.

312 E Cimarron St, Colorado Springs

Courtesy of Walston Group Real Estate . janelle@walstongroup.com,719-477-1410

$260,000

3 Beds ⋅ 1 Baths ⋅ 7986530 MLS

Welcome home to this beautifully maintained 3-bedroom, 1-bath ranch-style home offering comfortable single-level living. Featuring approximately 1,003 square feet of thoughtfully designed living space, this home blends classic charm with modern updates. The updated kitchen opens to a bright and inviting floor plan, while hardwood and tile flooring add warmth, character, and durability throughout. A spacious living area provides the perfect setting for relaxing evenings or entertaining family and friends. Step outside to a generously sized backyard, ideal for outdoor gatherings, gardening, pets, or simply enjoying the beautiful Colorado Springs weather. Conveniently located near shopping, dining, schools, parks, and military installations, this home offers both comfort and accessibility. Don't miss the opportunity to see all that this charming property has to offer—schedule your showing today!

54 Goret Dr, Colorado Springs

Courtesy of Iconic Colorado Properties, LLC . Emily@iconiccoloradoproperties.com,719-358-9707

$397,500

2 Beds ⋅ 1 Baths ⋅ 4084465 MLS

Beautifully renovated 1920s bungalow seamlessly blends timeless charm with modern updates and showcases true pride of ownership inside and out. Perfectly situated across from Boulder Park, the fully fenced yard offers privacy and a welcoming covered front porch-an ideal spot to relax and enjoy the view. Step inside to discover beautifully refinished original hardwood floors, high ceilings, wide trim, a classic built-in hutch, and an inviting open floor plan filled with abundant natural light. Every detail has been thoughtfully updated, including new interior and exterior paint, new doors, and ceiling fans, while preserving the home's historic character. The spacious living room flows effortlessly into the dining area, creating an ideal space for everyday living and entertaining. The remodeled kitchen features updated cabinetry, granite countertops, a custom tile backsplash, stainless steel appliances, a gas range, overhead microwave, modern fixtures and hardware, plus a convenient coffee bar area with additional storage. The home offers two bedrooms and a beautifully updated full bathroom complete with a new vanity, mirror, fixtures, a large soaking tub, and custom tile surround. The large unfinished basement provides excellent storage and offers endless possibilities for future expansion. A new glass door leads to the backyard retreat featuring a wood deck, patio, and custom-built planter walls-perfect for outdoor entertaining or enjoying your private outdoor oasis. Completing the property is a detached two-car garage with convenient alley access. The home has updated exterior siding, fully landscpaed, and front sprinkler system. This move-in-ready gem combines historic character, thoughtful updates. Property is zoned R-2 and conveniently located to the park, hosptial, downtown, local coffee shops, local restaurants, and the exceptional walkablity. Some upgrades include, water heater 2023, roof 2021, electrical 2012, landscpaing, kitchen, bath, and exterior.

1315 E Boulder St, Colorado Springs

Listing courtesy of Jennifer Lohrig.

jennifer@walstongroup.com,719-290-6757

$260,000

3 Beds ⋅ 1 Baths ⋅ 7986530 MLS

54 Goret Dr, Colorado Springs

Listing courtesy of Emily Broerman.

Emily@iconiccoloradoproperties.com,719-358-9707

$375,000

3 Beds ⋅ 2 Baths ⋅ 9728649 MLS

Located just minutes from the heart of downtown Colorado Springs, this 3-bedroom, 2-bath home offers a unique combination of character, flexibility, and value. Recent exterior improvements, including fresh paint and refreshed landscaping, further enhance the property's appeal. Inside, original hardwood floors, built-ins, and classic architectural details reflect the home's historic character, while thoughtful improvements provide modern comfort. The main kitchen features updated cabinetry and stainless steel appliances, and both bathrooms include more current finishes. A standout feature is the flexible layout, including a second kitchen and separate access to the upper level. Whether you're looking for space for multi-generational living, guests, a home office setup, or potential income-producing use, this home offers a variety of possibilities. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines throughout, and a replaced sewer line to the city main-providing added confidence that many of the major components have already been addressed. Additional highlights include dedicated off-street parking, an enclosed front sunroom, a spacious backyard with concrete patio and fire-pit area, and a highly walkable location near the revitalized south end of downtown and the downtown core.

312 E Cimarron St, Colorado Springs

Listing courtesy of Janelle Walston.

janelle@walstongroup.com,719-477-1410

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