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$440,000 New to Website
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Property Description
Amazing investment opportunity in a prime Colorado Springs location! This is a tenant-occupied property with the current lease in place through May 31, 2026. Ideally situated within walking distance to UCCS and just minutes from major hospitals, shopping, dining, and everyday conveniences, this home combines strong rental appeal with a functional, spacious layout. The main level features 3 bedrooms, 1 full bathroom, a cozy family room, and a well-appointed kitchen with easy access to the backyard through the attached garage. Downstairs, you'll find a large secondary living/entertainment area, 2 additional bedrooms, another full bathroom, and a laundry room, offering flexible space for tenants or future use. Enjoy newer central A/C, a fully fenced oversized backyard with low-maintenance turf, a covered patio, storage shed, and an additional concrete patio area on the side of the house. The property also includes a concrete driveway with parking for 3 vehicles plus an RV gate with backyard access. A rare chance to own a versatile, low-maintenance property in a highly desirable area!
Full Property Details
Full Property Details for 424 Redwood Dr
General
- Price: $440,000
- Taxes: $1,206 (2024)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 8016797
- Updated: 4/4/2026
- Added to Site: Today
Interior
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave, Oven, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Basement
Parking
- Garage Spaces: 2
- Garage Description: Attached, See Remarks
Location
- County: El Paso
- Subdivision: Countryside Estates
School Information
- School District: Colorado Springs 11
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air
Utilities
- Water: Municipal
- Utility Description: Cable Connected
Structural Information
- Description/Design: Ranch
- Structure Type: Frame
- Construction Status: Existing Home
- Exterior Const.: Wood
- Roof: Composite Shingle
- Square Feet: 2,038
- Main/1st Level: 1,019 Sq. Ft.
- Down/Basement: 1,019 Sq. Ft.
- Finished Total: 2,038 Sq. Ft.
- Basement Finished: 100%
- Year Built: 1964
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.1641
- Lot Size (Sq. Ft.): 7,150
- Lot Description: See Remarks
- Fencing (Description): All
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $1,206.97
- Tax Year: 2024
Listed by J Properties
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Schools
Schools serving 424 Redwood Dr
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Colorado Springs, CO 3125 North Hancock Avenue, Colorado Springs, CO 80907 | PK-5 | 1.2 mi |
Mann Middle School 1001 East Van Buren Street, Colorado Springs, CO 80907 | 6-8 | 1.9 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 424 Redwood Dr
Date
Details
Price
Change
Source
4/04/2026
Listed
$440,000
—
MLS
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 424 Redwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,344
11%
$27,210
4%
2024
$1,207
10%
$26,120
—
2023
$1,095
-12%
$26,120
23%
2021
$1,248
9%
$21,150
3%
2022
$1,150
-8%
$20,560
16%
2021
$1,248
4%
$17,740
—
2019
$1,198
11%
$17,740
21%
2018
$1,075
6%
$14,650
—
2017
$1,018
27%
$14,650
6%
2016
$801
—
$13,820
—
2015
$798
2%
$13,820
6%
2014
$784
-2%
$13,030
—
2013
$797
—
$13,030
—
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 424 Redwood Dr
424 Redwood Drive, Colorado Springs, CO 80907 (MLS# 8016797) is a Single Family property with 5 bedrooms and 2 full bathrooms. 424 Redwood Drive is currently listed for $440,000 and was received on April 04, 2026. Want to learn more about 424 Redwood Drive? 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.

