505 PENROSE Boulevard, Colorado Springs, CO 80906 (MLS # 3799803)

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PRICE $895,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 1,543 sqft
LOT SIZE 41,382 sqft

An exceptional opportunity to build your dream home in one of Colorado Springs' most prestigious neighborhoods. Situated on nearly one acre directly overlooking the Broadmoor Golf Club, this rare homesite offers spectacular golf course views, mature trees, privacy, and an unmatched setting just minutes from The Broadmoor Resort. The existing residence is ready for renovation or redevelopment, allowing the next owner to create a custom luxury home designed specifically for this incredible location. With an existing water tap and septic/leach field already in place, if you want to build new much of the groundwork has already been established, and if you just want to renovate, you can move in and have an exceptional lot and home quickly! Whether you're a custom home builder, investor, or buyer searching for one of the last premier building sites in the Broadmoor area, this property presents an extraordinary opportunity to create a legacy home in one of Colorado's most sought-after communities. Bank-owned property with the ability to close quickly. Seller financing may be available for qualified buyers.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 43 LAST UPDATED 6/26/2026
YEAR BUILT 1956 COMMUNITY Broadmoor Heights
COUNTY El Paso STATUS Active
PROPERTY TYPE(S) Single Family

PRICE HISTORY
Prior to Jun 26, '26 $930,000
Jun 26, '26 - Today $895,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Cooktop, Range, Refrigerator
AREA Broadmoor Heights
EXTERIOR Storage
HEAT Forced Air, Natural Gas
LOT 0.95 acre(s)
LOT DESCRIPTION Near Golf Course, Sloped, Wooded
PARKING None
STORIES 3+
STYLE Tri-Level
TAXES 4125
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Natural Gas Available
VIEW Yes
VIEW DESCRIPTION Golf Course
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by: Wahlen Properties, 3038820996
bridgeMLS

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