509 W Cheyenne Road
Colorado Springs, CO, 80906 $ 550,000
Bedrooms4 Baths3.0 Sq 2,332 Monthly Estimate*
$ 3,473
Listed by eXp Realty, LLC
for $550,000 with 4 bedrooms and 3 full baths. This 2,332 square foot home was built in 1965 on a lot size of 0.24.
Unique Cheyenne Canyon gem on nearly a quarter-acre lot! This one-of-a-kind home offers exceptional curb appeal with flagstone xeriscaping, mature trees, and expanded flagstone parking. Inside, beautiful hardwood floors lead to a bright, open main level featuring a stunning vaulted living room filled with natural light. The spacious kitchen and dining area offer newer stainless steel appliances, ample cabinetry, and a large breakfast bar, while the updated mudroom/laundry room provides convenient garage access. Just a few steps down, the inviting family room features a cozy wood-burning fireplace insert. An adjacent bonus room with backyard access is perfect for a home office, playroom, or flex space. The lower level includes a private living area, spacious bedroom, and updated ¾ bath, ideal for guests or multi-generational living. Upstairs, you'll find the primary suite with an en-suite bath, two additional bedrooms, and a full bathroom. The backyard is your own Colorado retreat with winding flagstone paths, mature landscaping, a covered patio, fire pit, outdoor kitchen island with running water, and a custom-built playhouse/storage shed. Recent updates include a new roof, furnace, central A/C, updated lower-level bath, and more. Enjoy one of Colorado Springs' most walkable neighborhoods! Stroll to Creekwalk's restaurants, shops, and summer concerts, historic Ivywild School and Bristol Brewing Company, Safeway, Sprouts, Cheyenne Plaza, Ivywild Park, Harlan Wolfe Park, and Edelweiss Restaurant. Conveniently located with quick access to I-25, Fort Carson, downtown Colorado Springs, The Broadmoor, Cheyenne Cañon, Bear Creek Regional Park, Cheyenne Mountain Zoo, and Southgate Shopping Center. This exceptional home combines timeless character, thoughtful updates, incredible outdoor living, and an unbeatable location to truly capture the best of the Colorado lifestyle.
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FeaturesInteriorInterior Amenities Primary Suite Vaulted Ceiling(s)
Basement Partial
Flooring Carpet Wood
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) Y
Above Grade Finished Area 1229
Half Baths 0
1/4 Baths 0
3/4 Baths 2
Total Bedrooms 4
Below Grade Finished Area 911
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 3
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected
Roof Composition
Appliances Dishwasher Disposal Double Oven Microwave Range Refrigerator
Zoning R-1 6
Garage Spaces 2
Construction Materials Frame
Exclusions Staging Items
Year Built 1965
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
Ownership Individual
County El Paso
Property Type Residential
HOA N
Attached Garage Y
Contingency None Known
Subdivision Name Lorraine
Full Baths 1
Status Pending
Directions From I-25 S on Tejon W on Cheyenne Road
High School Cheyenne Mountain
City Colorado Springs
Senior Community Y/N N
High School District Cheyenne Mountain 12
Lot Size Units Square Feet
Lot Size Square Feet 10270
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Cheyenne Mountain
Tax Annual Amount 2533
Middle/Junior High School Cheyenne Mountain
Structure Type House
Standard Status Pending
Occupancy Type Owner
Middle/Junior School District Cheyenne Mountain 12
Elementary School District Cheyenne Mountain 12
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ExteriorFencing Full
Parking Features Concrete
Lot Features Level
Water Source Public
Total Parking 2
Lot Size Area 10270
Building Area Total 2332
Lot Size Acres 0.24
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- $211
- 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 $645,634
Percent of Sale Price 17%
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.
3043436 Elementary School
3043907 Middle School
Cheyenne Mountain High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $550,000 | -5.16% | Price Down |
| 6/4/2026 | $579,900 | -3.35% | Price Down |
| 4/28/2026 | $600,000 | | Listed Price |