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$359,000

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 1,958 Sq. Ft.
  • 2 Car Garage
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Welcome to this rare and spacious 4-bedroom, 4-bath condo that lives like a townhome in Colorado Springs. Thoughtfully designed with two primary suites, this home offers exceptional flexibility for guests, roommates, or work-from-home needs.The main living area features a cozy wood-burning fireplace, creating a warm and inviting space to relax. A walkout basement adds valuable additional living space with natural light, while a private patio offers a comfortable outdoor retreat.An attached 2-car garage with a convenient mudroom entry provides everyday functionality, and generous bedroom and bathroom spacing throughout the home ensures comfort and privacy.Residents enjoy access to impressive community amenities, including a clubhouse with fitness room, pool, hot tub, tennis court, and an entertainment room available for gatherings and events.With generous space, thoughtful design, and low-maintenance living paired with resort-style amenities, this home offers a unique opportunity rarely found in condo living.

Full Property Details for 5041 Masheena Ln

General

  • Price: $359,000
  • HOA FEE: $583/month
  • Taxes: $941 (2024)
  • Status: Active
  • Type: Condo
  • Source: PikesPeak
  • MLS ID: 1655262
  • Updated: 1/27/2026
  • Added to Site: 29 day(s) ago

Interior

  • Fireplace(s): Main Level, Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self-Cleaning Oven, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Main

Additional Information

  • Shared Amenities: Clubhouse, Exercise Room, Pool, Tennis

Parking

  • Garage Spaces: 2
  • Garage Description: Attached

Location

  • County: El Paso
  • Subdivision: Pinon Springs

School Information

  • School District: Colorado Springs 11

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Water: Municipal
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected

Structural Information

  • Description/Design: 2 Stories
  • Structure Type: Framed on Lot
  • Construction Status: Existing Home
  • Exterior Const.: Wood
  • Roof: Composite Shingle
  • Square Feet: 1,958
  • Upper: 762 Sq. Ft.
  • Main/1st Level: 686 Sq. Ft.
  • Down/Basement: 510 Sq. Ft.
  • Finished Total: 1,932 Sq. Ft.
  • Basement Finished: 95%
  • Lower Finished: 0%
  • Year Built: 1975

Unit Information

  • Unit Description: Basement Unit, End Unit

Lot Features

  • Lot Size (Acres): 0.0258
  • Lot Size (Sq. Ft.): 1,122
  • Lot Description: See Remarks

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $583
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Maintenance Grounds, Maintenance Structure, Snow Rem
  • Tax Amount: $941
  • Tax Year: 2024

Listed by Dream Homes of Colorado, LLC

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— 5041 Masheena Ln —

  • Dream Homes of Colorado, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5041 Masheena Ln

School District:Colorado Springs School District 11
NameGradesDistance
Penrose Elementary School, Colorado Springs, CO
4285 Nonchalant Circle South, Colorado Springs, CO 80917
PK-50.8 mi
Sabin Middle School
3605 North Carefree Circle, Colorado Springs, CO 80917
6-80.9 mi
Mitchell High School
1205 Potter Drive, Colorado Springs, CO 80909
9-122.6 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 5041 Masheena Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$359,000
144.22%
MLS
5/30/2014
Sold
$147,000
—
Public Record
Get Price Alerts and Save Property
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 for 5041 Masheena Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$941
13%
$21,320
—
2023
$832
-20%
$21,320
21%
2021
$1,036
8%
$17,560
3%
2022
$955
-8%
$17,070
16%
2021
$1,036
5%
$14,660
—
2019
$990
12%
$14,660
22%
2018
$885
6%
$12,060
—
2017
$838
26%
$12,060
5%
2016
$664
—
$11,460
—
2015
$662
-3%
$11,460
1%
2014
$683
-2%
$11,350
—
2013
$695
—
$11,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Dream Homes of Colorado, LLC

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5041 Masheena Lane, Colorado Springs, CO 80917 (MLS# 1655262) is a Condo property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 5041 Masheena Lane is currently listed for $359,000 and was received on January 22, 2026. Want to learn more about 5041 Masheena Lane? Do you have questions about finding other Condo 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.

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