8261 Cypress Wood Drive
Colorado Springs, CO, 80927 $ 514,900
Bedrooms5 Baths3.1 Sq 2,645 Monthly Estimate*
$ 3,251
for $514,900 with 5 bedrooms and 3 full baths, 1 half bath. This 2,645 square foot home was built in 2015 on a lot size of 0.0735.
Located in the desirable master-planned Banning Lewis Ranch community, this beautifully updated home offers thoughtful renovations and flexible living space. The recently finished basement adds two additional bedrooms, a full bathroom, and a spacious recreation room, creating plenty of room for guests, hobbies, or entertaining. The main level welcomes you with durable luxury vinyl plank flooring that flows from the entry into the bright living room and continues through the dining area and kitchen. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, a large island, and generous counter space. A convenient laundry room and half bath are located just off the entry from the attached two-car garage. Upstairs, a light-filled loft provides versatile space for a second living area, office, or playroom. The spacious primary suite is accessed through double doors and offers privacy along with an en-suite bathroom complete with a double vanity, tiled walk-in shower, and walk-in closet. Two additional bedrooms with step-in closets and a full bathroom complete the upper level. The newly remodeled basement features LVP flooring, recessed lighting, and fresh paint throughout. The recreation room is perfect for movie nights, gaming, or additional living space, while two additional bedrooms and a full bathroom add even more flexibility. Step outside to a fully fenced backyard with a deck ideal for relaxing or grilling. Conveniently located near parks, open space, and trails, this home also offers easy access to Dublin Boulevard and Marksheffel Road for commuting, shopping, and dining. Schedule your showing today and experience all that Banning Lewis Ranch has to offer.
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FeaturesGeneralLiving Area 2645.0
Sewer Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances Dishwasher Disposal Microwave Oven Oven Range Refrigerator
HOA Fee 0.0
Year Built 2015
Miscellaneous Auto Sprinkler System High Speed Internet Avail. Humidifier Kitchen Pantry Radon System Sump Pump Window Coverings
Property Subtype Single Family
Tax Year 2024
Parcel Number 5309315023
Community Features Club House Community Center Dog Park Fitness Center Hiking or Biking Trails Parks or Open Space Playground Area Pool
Assoc Fee Paid Per Not Applicable
County El Paso
Property Type Residential
HOA Y
Full Baths 2
Status Active
High School Vista Ridge
City Colorado Springs
High School District District 49
Lot Size Units SqFt
Lot Size Square Feet 3200.0
Elementary School Inspiration View
Property Attached Y/N N
Tax Annual Amount 3445.86
Middle/Junior High School Skyview
Lot Description Level
MLS Area Minor Banning Lewis Ranch
Additional Parcels Y/N N
Assessments Y/N N
Structure Type Framed on Lot Frame
Standard Status Active
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InteriorBasement Full Basement
Fireplace Features None
Window Features Vinyl
Above Grade Finished Area 1865.0
Half Baths 1
3/4 Baths 1
Laundry Features Electric Hook-up Main
Total Bedrooms 5
Total Baths 4
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ExteriorSiding Masonite Type
Fencing Rear
Water Source Municipal
Total Parking 2.0
Driveway Concrete Paved
Garage Type Attached
Lot Location Hiking Trail Near Hospital Near Park Near Schools Near Shopping Center
Lot Size 3200.0
Building Area Total 2653.0
Lot Size Acres 0.0735
Road Frontage Type City/Town Road Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,251
- Monthly Property Taxes
- $287
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $634,995
Percent of Sale Price 23%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
5519481 Elementary School
5519644 Middle School
Vista Ridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/27/2026 | $514,900 | -1.91% | Price Down |
| 5/8/2026 | $524,900 | -0.94% | Price Down |
| 3/24/2026 | $529,900 | -0.95% | Price Down |
| 3/6/2026 | $535,000 | | Listed Price |