Selected for the Terner Labs Housing Venture Lab

1812 Pikes Peak Avenue, Colorado Springs, CO 80904

Active
Listed 87 days ago
Owner-Occupant Eligible
$682,500

About $2,878 a month to live here, after the rent from the other home.

House + ADU1,390 sqft2 beds2 bathsListed Aug 17, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$2,878a month

The second home on the lot rents for $998. We hold back $195 of that for repairs and an empty month, and the rest goes toward a $3,681 monthly payment.

Income to qualify: about $94,000 a year

With how much down?

At 20% down ($136,500) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $89,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$20,475 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

A rare opportunity to own a fully reimagined 1898 Victorian in one of Colorado Springs’ most sought-after Westside settings. Extensively refurbished with a designer’s eye, this home blends authentic architectural character with polished, modern luxury. Inside, sunlit living and dining spaces showcase rich hardwood floors, tall ceilings, classic millwork, substantial trim, beautifully preserved natural-wood doors and an elegant neutral palette. The spectacular kitchen is the centerpiece: expansive stone countertops, oversized island seating, custom charcoal and white cabinetry, open wood shelving, full-height subway tile, statement pendant lighting, recessed lighting and a professional-style stainless gas range with vent hood. It is refined, dramatic and built to entertain. Two beautifully updated full baths include a spa-inspired primary bath with freestanding soaking tub, separate shower, designer vanity, modern fixtures and sophisticated tilework. Upstairs offers two bedrooms, flex/office space and convenient laundry. Central air, forced-air heat, updated finishes and thoughtful improvements throughout deliver true modern livability without sacrificing the home’s historic soul. A bright rear sunroom/mudroom opens to the fenced backyard, where mature trees, established landscaping and a large covered concrete patio create a private outdoor retreat. Then there is the feature that simply does not exist in most historic Westside homes: an oversized detached three-car garage/workshop with an existing loft offering approximately 800 SF of future ADU/apartment potential. With R-2 zoning, the property offers a compelling path toward guest quarters, studio space or income-producing living space, subject to City permitting and final approvals. Historic architecture. Designer renovation. Spa-level finishes. Serious garage capacity. Exceptional ADU upside. All minutes from parks, trails, dining, shopping and the best of Colorado Springs’ Westside.

House + ADU

Property Type

7,500 sqft

Lot Size

1898

Year Built

Listing Date: 08/17/2026

Listed by: Nathan Fisk

Listing office: eXp Realty, LLC

Contact: 719-359-1244

Source: REcolorado #4549478

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$682,500

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$682,500
Your Down Payment$136,500
Financed$546,000
Estimated Monthly Payment$3,681

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($136,500) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,681/month
Principal + Interest
$3,274
Property Taxes
$147
Home Insurance
$260
Rental Income (1 Unit)
$998/month

From the listing description.

Rental Expenses
-$195
Cost to live here
$2,878/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 4549478 · Listing office: eXp Realty, LLC

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