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$386,000
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Property Description
Huge Potential! This home is zoned R-2 and can be used as single family home, use as primary home and rent out basement, duplex rental or airBnB. Home is located directly across beautiful Memorial Park and has lake views. This home has lots of space with 4 bedrooms with finished basement! 1 car enclosed garage with an additional covered car port. Long driveway also has room for recreational vehicle. Fully enclosed in fencing with chain linked fence in front yard and privacy fence in back yard. Main level has 2 living rooms, dining room, kitchen with new tile floors, large pantry, 2 bedrooms with original hardwood floors, full bathroom with new tile floors and 2nd living room has tile floors and wood burning fireplace. Basement has laundry room, large recreation room, 2 bedrooms and 3/4 bathroom. Walk to lake from front yard with your paddle board or kayak! Conveniently located near downtown Colorado Springs with easy access to I-25.
Full Property Details
Full Property Details for 718 Prospect Lake Dr
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General
- Sold For: $386,000
- Taxes: $1,356 (2024)
- Status: Closed
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 1501693
- Added to Site: 326 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Living Room, Living Room
- Appliances: Refrigerator
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
Location
- County: El Paso
- Subdivision: prospect lake
- Driving Directions: From Pikes Peak and S Hancock, go south on South Hancock, left on E Cimarron, right on Prospect Lake Dr, home is on right
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Queen Palmer
- Middle School: Galileo
- High School: Palmer
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: House
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Roof: Composition
- Windows: Window Coverings, Window Treatments
- Square Feet: 2,226
- Sq. Ft. Source: Public Records
- Living Area: 2,055 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Level
- Zoning: R2
- Fencing (Description): Full
Water Features
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $1,356
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 6 BLK 2 PROSPECT LAKE ADD COLO SPGS
- Exclusions: none
- Property ID: 64201-04-005
Listed and Sold by RE/MAX Real Estate Group Inc
Listing agent
— 718 Prospect Lake Dr —
RE/MAX Real Estate Group Inc
paulsellscs@gmail.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 718 Prospect Lake Dr
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Hunt Elementary School 2101 Manitoba Drive, Colorado Springs, CO 80910 | PK-5 | 0.6 mi |
Galileo School Of Math And Science 1600 North Union Boulevard, Colorado Springs, CO 80909 | 6-8 | 2.3 mi |
Palmer High School 301 North Nevada Avenue, Colorado Springs, CO 80903 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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718 Prospect Lake Drive, Colorado Springs, CO 80910 (MLS# 1501693) is a Single Family property that was sold at $386,000 on July 03, 2025. Want to learn more about 718 Prospect Lake 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.