Metes & Bounds Homes under $400,000

Welcome to Metes & Bounds, a hidden gem nestled in the heart of Colorado! This charming subdivision offers a unique blend of natural beauty and suburban convenience, making it the perfect place for families, first-time homebuyers, and anyone seeking a serene lifestyle without sacrificing accessibility.

Metes & Bounds is characterized by its picturesque landscapes, featuring rolling hills, lush greenery, and breathtaking mountain views. The subdivision is designed to foster a strong sense of community, with friendly neighbors and plenty of opportunities for outdoor activities. Enjoy weekend hikes, bike rides, or simply relax in one of the nearby parks, all while being just a short drive from the vibrant amenities of the surrounding area.

One of the most appealing aspects of Metes & Bounds is the availability of homes under $400,000. This makes it an attractive option for those looking to invest in a beautiful home without breaking the bank. The properties in this subdivision boast a variety of styles and sizes, ensuring that there's something for everyone. Whether you're searching for a cozy starter home or a spacious family residence, you’ll find well-maintained options that provide excellent value.

With its affordable housing market, stunning scenery, and strong community spirit, Metes & Bounds is more than just a place to live; it’s a place to thrive. Come explore this charming subdivision and discover why so many have chosen to call it home. Your dream home awaits in beautiful Colorado!

Newest Metes & Bounds Homes under $400,000

$235,000

2 Beds ⋅ 1 Baths ⋅ 7009349 MLS

Charming Lincoln Park Bungalow on an Oversized Lot! This inviting 2-bedroom, 1-bath home blends timeless character with valuable updates, making it move-in ready while offering room to personalize. Recent improvements include a newer roof, fresh paint, plus updated furnace and water heater for added peace of mind. Situated on an expansive 0.34-acre lot, the property offers possibilities for gardening, recreation, RV parking, or future expansion. The oversized detached two-car garage features a generous workshop area and attached garden shed, providing exceptional space for hobbies, storage, or projects. Two shares of irrigation water, a sprinkler system, and a private backyard patio complete the outdoor amenities. Conveniently located in the desirable Lincoln Park area, this property combines small-town charm with easy access to schools, parks, shopping, and everyday conveniences. Whether you're searching for your first home, downsizing, or investing, this property offers outstanding value, space, and potential.

1644 Grand Ave, Canon City

Courtesy of Re/Max Royal Gorge

$245,000

3 Beds ⋅ 1 Baths ⋅ 8753559 MLS

THIS HOME IS LOCATED ON A SMALL CIRCLE WITH SIMILAR HOMES. IT INCLUDES IRRIGATION SHARES. HALF OF THE ROOF HAS BEEN REBUILT INCLUDING NEWER ROOF TRUSSES. THE BACK YARD HAS 2 STORAGE SHEDS. THE DINING ROOM HAS A WOOD HEATSTOVE, THAT CAN HEAT THE HOME. THE WALL FURANCE IS NEWER AND IS THE MAIN HEAT SOURCE THAT HEATS THE HOME

1016 Bentley Dr, Canon City

Courtesy of Fremont Realty LLC

$249,900

3 Beds ⋅ 2 Baths ⋅ 4961538 MLS

This ranch home is located in Lincoln Park, and is zoned agricultural-suburban. DeWeese irrigation water rights, almost 3/4 of an acre with lovely yard and plenty of room for 4-H animals or horses, great agricultural use. Large open living room-dining room. 390 feet of finished basement that can be used as a family room. Lots of useable floor space and great yard with one car garage and one car carport. This property is in an estate and is being sold as is with no property disclosure. It needs TLC and owner was not able to finish some work that was started, however materials are there to finish work and are included. Includes 7 shares of DeWeese Ditch.

1409 Elm Ave, Canon City

Courtesy of Chris Donley Real Estate

$379,900

4 Beds ⋅ 2 Baths ⋅ 8301952 MLS

Just under 40 Acres with Home, Shop & Major Upside – Now Offered at a Reduced Price! Opportunity meets potential on this 33+ acre property near Florence, featuring expansive 360-degree mountain views including Pikes Peak, the Wet Mountains, and the Sangre de Cristo range. With usable land, existing infrastructure, this property is well-suited for investors, multi-use living, or income-producing possibilities. The 2002 manufactured home offers 4 bedrooms and 2 bathrooms, including a primary suite with walk-in closet and 5-piece bath. While the home could benefit from flooring updates, it provides a solid footprint for renovation, rental income, or resale. A major value-add is the 2,856 sq. ft. workshop/garage—ideal for equipment storage, business use, or conversion to support additional income streams. Multiple access points and large sliding doors make it highly functional for a variety of uses. The acreage is fenced, usable and private, with a domestic well (approx. 10 GPM) supporting household use and limited irrigation. The natural setting, frequent wildlife, and panoramic views add long-term appeal, recreational use, or land hold strategy. Priced to reflect needed updates and repairs, this property presents a rare chance to invest in acreage with infrastructure, views, and multiple paths to value creation.

8823 County Road 19, Florence

Courtesy of Reeves Real Estate Llc

$374,500

3 Beds ⋅ 2 Baths ⋅ 1232579 MLS

Set against a backdrop of Colorado skies, this beautifully cared-for property offers the kind of outdoor space that’s becoming increasingly hard to find. The irrigated yard stays vibrant throughout the warmer months thanks to a private domestic well, underground sprinkler system, and valuable DeWeese Ditch shares. Built with enduring craftsmanship, the all-brick residence combines comfort, character, and functionality. Inside, generous living spaces create an easy flow for both everyday living and gathering with friends and family. A striking see-through fireplace anchors the main living area while adding warmth and ambiance to the adjoining family room. The primary suite provides a comfortable retreat with room to truly spread out, while the thoughtfully designed layout offers practicality at every turn. A dedicated mudroom and laundry area connect conveniently to the garage entrance, making day-to-day living simple and efficient. Downstairs, the basement expands the home’s versatility with additional flexible spaces perfect for guests, hobbies, work-from-home setups, or recreation. An abundance of storage ensures there’s room for everything without sacrificing living space. Outdoor living is equally inviting with a sprawling covered patio designed for relaxing evenings, summer barbecues, and taking in colorful western sunsets. Separate interior and exterior basement access adds even more convenience and potential functionality to the property.

1403 Birch St, Canon City

Courtesy of Homesmart Preferred Realty

$199,000

3 Beds ⋅ 2 Baths ⋅ 5286486 MLS

Finding nearly an acre of land in town at an affordable price point is unusual—and 1539 Rosedale Lane offers an opportunity to put that space and the existing structures to work for you. Whether you’re looking for a property you can update over time, want room for hobbies, storage, projects, gardening, or simply enjoy having more elbow room than a typical in-town property provides, this one deserves a closer look. The existing home and additional structures give you a starting point, while the generous lot opens the door to possibilities. Bring your ideas, your tools, and your vision. With the right plan, this property could become something truly unique. Affordable, in town, and offering nearly an acre of land—properties with this combination of features are not easy to find. Come take a look and see what you could create here!

1539 Rosedale Ln, Canon City

Courtesy of Rocky Mountain Realty

$229,000

3 Beds ⋅ 3 Baths ⋅ 3395404 MLS

This unique property is located in the quaint community of Gardner sitting back from the highway with a park-like setting in the front beautifully framing the home and garage, while the property stretches back toward the peaceful riverbank away from the highway. Just over 4 acres for you to fully enjoy the great outdoors. Entering the front door you are welcomed into a large, open great room with a wood burning stove and access to the back deck. Enjoy cozy meals in the eat-in kitchen or family gatherings in the dining area. Continue down the hallway to the bedrooms. Primary suite features an en-suite full bathroom and a private door to the back deck. The partially finished walk-out basement expands the living area with a spacious family room featuring a wood-burning stove, 3/4 bath, utility and storage rooms, and two additional bonus rooms perfect for office or hobby rooms. The covered back deck expands the full length of the house and from here you have gorgeous views of the river bottom. Do you need extra space for vehicles or workshop? This great property as a 2-car attached garage and an over-sized 2- car detached garage. Various pens for small animals or chickens. This one would be well worth the effort to restore it's full charm!

25588 Hwy 69, Gardner

Courtesy of Reeves Real Estate Llc

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