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$505,000
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Property Description
Three car garage in this updated ranch home with a finished basement. The main level offers two bedrooms with a five piece bath in the primary suite and the second bedroom/office has glass double doors with a full bath in the adjoining hall. There are two more bedrooms and a full bath in the basement. The living room offers a gas fireplace with a walk-out slider to the large patio and zeroscaped back yard. The kitchen boasts of oak hardwood flooring with all stainless steal appliances, large pantry, eat-in space, a built-in desk, new granite counters and a beautiful glass back splash with a large new sink. The 5 piece primary bath has updated shower with beautiful easy to care for cast marble, 2 sink and counters also updated. The basement offers all new vinyl flooring in the large family room with built-in book shelves and a wet bar. The laundry and storage and mechanical room are also in the basement. The outside of the home was painted and the two skylights in the living room were replaced along with the gutters due to hail damage. Included in the backyard is a 8' x 10' shed. The yard has a large parking space that opens to a large gate that will accommodate an RV. The home is light and bright and close to Powers, shopping and schools.
Full Property Details
Full Property Details for 7229 Waterman Way
General
- Price: $505,000
- Taxes: $2,073 (2025)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 3391395
- Updated: 9/17/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: 5-Pc Bath, 6-Panel Doors, Skylight (s), Vaulted Ceilings
- Fireplace(s): Gas, Main Level
- Appliances: 220 Volts in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave, Range, Refrigerator, Washer
- Flooring: Carpet, Wood, Wood Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: 5-Pc Bath, Ceramic Tile, Double Vanity, Spa Shower, Tub
Bedrooms
- Total Bedrooms: 4
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Basement
Additional Information
- Amenities: Humidifier, Kitchen Pantry, RV Parking, Window Coverings
Parking
- Total Spaces: 3
- Garage Description: Attached, Even with Main Level, Garage Door Opener
Location
- County: El Paso
- Subdivision: Northcrest Heights
School Information
- High School District: District 49
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Forced Air
Utilities
- Sewer: Sewer
- Water: Municipal
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Property Detached: Yes
- Description/Design: Ranch
- Structure Type: Framed on Lot
- Construction Status: Existing Home
- Basement Desc.: Full Basement
- Roof: Composite Shingle
- Windows: Vinyl
- Main/1st Level: 1,305 Sq. Ft.
- Finished Above Grnd: 1,305 Sq. Ft.
- Year Built: 1999
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.2296
- Lot Size (Sq. Ft.): 10,000
- Frontage: City/Town Road
- Driveway/Sidewalk: Concrete
- Lot Features: Near Schools, Near Shopping Center
- Lot Description: Cul-de-Sac
- Fencing (Description): Rear
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $2,073
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Restrictions: None
- APN: 5332218018
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Schools
Schools serving 7229 Waterman Way
School District:Falcon School District 49
| Name | Grades | Distance |
|---|---|---|
Remington Elementary School 2825 Pony Tracks Drive, Colorado Springs, CO 80922 | PK-5 | 0.3 mi |
Horizon Middle School, Colorado Springs, CO 1750 Piros Drive, Colorado Springs, CO 80915 | 6-8 | 1.1 mi |
Sand Creek High School 7005 North Carefree Circle, Colorado Springs, CO 80922 | 9-12 | 0.7 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 7229 Waterman Way
Date
Details
Price
Change
Source
9/05/2026
Price Reduced
$505,000
-0.98%
MLS
8/20/2026
Listed
$510,000
125.66%
MLS
8/02/2010
Sold
$226,000
—
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 7229 Waterman Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,073
8%
$30,160
-1%
2024
$1,915
6%
$30,530
—
2023
$1,811
10%
$30,530
31%
2021
$1,640
3%
$23,270
3%
2022
$1,586
-3%
$22,620
14%
2021
$1,640
18%
$19,830
—
2019
$1,391
11%
$19,830
13%
2018
$1,251
—
$17,540
—
2017
$1,256
2%
$17,540
2%
2016
$1,233
—
$17,230
—
2015
$1,234
4%
$17,230
6%
2014
$1,182
2%
$16,220
—
2013
$1,163
—
$16,220
—
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 7229 Waterman Way
7229 Waterman Way, Colorado Springs, CO 80922 (MLS# 3391395) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7229 Waterman Way is currently listed for $505,000 and was received on August 20, 2026. Want to learn more about 7229 Waterman 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.

