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$775,000 Sale Pending
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Property Description
Nestled in the desirable Skyway neighborhood, this beautifully remodeled ranch-style home offers over 3,000 square feet of thoughtfully updated living space with a walk-out basement. Completely renovated from top to bottom while preserving its original character, the home features 4 bedrooms and 4 bathrooms, blending modern finishes with timeless appeal. The main level showcases a spacious primary suite with a large walk-in closet and a luxurious four-piece bathroom featuring dual vanities and an oversized walk-in shower. The fully remodeled kitchen is a true centerpiece, highlighted by quartz countertops and upgraded stainless steel appliances. The main level also includes an additional bedroom, a full bathroom, and a versatile bonus room - ideal for a home office or hobby room. The lower level offers a second living area, two generously sized bedrooms, and another completely updated bathroom, providing plenty of room for guests or multi-generational living. The backyard backs to open space, creating a peaceful, mountain-like setting with added privacy with Cheyenne Mountain View's. Conveniently located within walking distance to Skyway Elementary School and just around the corner from the Little Dipper Pool, a private neighborhood pool open all summer, this home is located located in District 12 School district and is close to shopping, dining, the Broadmoor, and offers easy access to I-25.
Full Property Details
Full Property Details for 1214 Milky Way
General
- Price: $775,000
- Taxes: $1,811 (2024)
- Status: Pending
- Type: Single Family
- Source: PikesPeak
- MLS ID: 5373417
- Updated: 2/1/2026
- Added to Site: 31 day(s) ago
Interior
- Fireplace(s): Basement, Main Level, Two
- Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Basement
Parking
- Garage Spaces: 2
- Garage Description: Attached
Location
- County: El Paso
- Subdivision: Skyway Park
School Information
- School District: 12
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: Municipal
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Description/Design: Ranch
- Structure Type: Frame
- Construction Status: Existing Home
- Exterior Const.: Wood
- Roof: Composite Shingle
- Square Feet: 3,210
- Main/1st Level: 1,747 Sq. Ft.
- Down/Basement: 1,463 Sq. Ft.
- Finished Total: 3,063 Sq. Ft.
- Basement Finished: 90%
- Lower Finished: 0%
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.4821
- Lot Size (Sq. Ft.): 21,000
- Lot Description: Backs to Open Space, Mountain View
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $1,811.81
- Tax Year: 2024
Listed by The Cutting Edge
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Schools
Schools serving 1214 Milky Way
School District:Cheyenne Mountain School District 12
| Name | Grades | Distance |
|---|---|---|
Skyway Park Elementary School 1100 Mercury Drive, Colorado Springs, CO 80905 | K-6 | 0.1 mi |
Cheyenne Mountain Junior High School 1200 West Cheyenne Road, Colorado Springs, CO 80905 | 7-8 | 0.6 mi |
Cheyenne Mountain High School 1200 Cresta Road, Colorado Springs, CO 80906 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1214 Milky Way
Date
Details
Price
Change
Source
1/21/2026
Listed
$775,000
150%
MLS
4/25/2025
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1214 Milky Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$36,860
—
2023
$1,712
83%
$36,860
79%
2021
$938
6%
$20,560
3%
2022
$888
-5%
$19,980
16%
2021
$938
30%
$17,280
—
2019
$719
25%
$17,280
14%
2018
$577
—
$15,180
—
2017
$575
12%
$15,180
4%
2016
$513
—
$14,650
—
2015
$512
10%
$14,650
120%
2014
$466
4%
$6,660
-50%
2013
$446
—
$13,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1214 Milky Way
1214 Milky Way, Colorado Springs, CO 80905 (MLS# 5373417) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1214 Milky Way is currently listed for $775,000 and was received on January 21, 2026. Want to learn more about 1214 Milky Way? Do you have questions about finding other Single Family real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.

