711 N Institute Street
Colorado Springs, CO, 80903 $ 500,000
Bedrooms3 Baths2.0 Sq 1,802 Monthly Estimate*
$ 3,157
for $500,000 with 3 bedrooms and 2 full baths. This 1,802 square foot home was built in 1947 on a lot size of 0.1894.
Character, thoughtful updates, and an incredible downtown location all in one! This charming bungalow sits on a beautiful tree-lined street & offers something increasingly hard to find: 3 bedrooms, 2 full baths, generous living spaces, & a primary suite all on the main level. An inviting front porch welcomes you inside, where beautiful wood floors & abundant natural light create a warm, comfortable feel. The spacious primary suite is a standout w/ a private ensuite bath featuring dual vanities & a jetted soaking tub. Two additional bedrooms & a second full bath complete the main-level sleeping spaces. The sun-filled kitchen features a skylight, butcher block counters, abundant cabinetry & counter space, plus a newer induction range, dishwasher, and fridge. A large formal dining room has plenty of room for gatherings and entertaining, while the dedicated laundry w/ newer dryer room adds cabinetry & extra storage. Downstairs, flexible bonus space is ready to become a home office, gym, hobby room, playroom, or simply provide the extra storage every home needs. The extensive efficiency updates are another highlight. Improvements completed through the CSU HEAP program include a new heat pump and water heater, added insulation in the attics, sidewalls and crawlspaces, and high-efficiency toilets and showerheads. Additional updates include replacement main-level windows, a newer 220-amp electrical panel, and a security system that stays with the home. Outside, enjoy low-maintenance xeriscaping and a large backyard with turf and drip-irrigated garden beds. A detached 2-car garage with ramp access, additional boat/camper parking, and 2 large storage sheds - provide exceptional parking and storage options. All of this in an established downtown neighborhood just minutes from shopping, dining, parks, & everything the heart of the city has to offer. Classic bungalow character, a surprisingly functional floor plan, valuable updates, and a location that makes everyday life easy!
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FeaturesGeneralLiving Area 1802.0
Sewer Sewer
Heating Heat Pump See Prop Desc Remarks
Cooling See Prop Desc Remarks
Utilities Electricity Connected
Roof Composite Shingle
Appliances Dishwasher Disposal Dryer Range Refrigerator Washer
HOA Fee 0.0
Patio/Porch Features Other See Prop Desc Remarks
Year Built 1947
Miscellaneous Auto Sprinkler System RV Parking Workshop
Property Subtype Single Family
Tax Year 2024
Parcel Number 6408317013
Assoc Fee Paid Per Not Applicable
County El Paso
Property Type Residential
HOA N
Other Structures Storage Shed See Prop Desc Remarks
Full Baths 1
Status Active
High School Palmer
City Colorado Springs
High School District Colorado Springs 11
Lot Size Units SqFt
Lot Size Square Feet 8250.0
Elementary School Columbia
Property Attached Y/N N
Tax Annual Amount 1832.55
Middle/Junior High School North
Lot Description Level
MLS Area Minor A V Hunter
Additional Parcels Y/N N
Assessments Y/N N
Structure Type Concrete Block Frame
Standard Status Active
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InteriorInterior Amenities Great Room Skylight (s)
Basement Crawl Space Partial Basement
Flooring Tile Wood
Fireplace Features Main Level Wood Burning
Entry Covered Natural Wood
Above Grade Finished Area 1658.0
Half Baths 0
3/4 Baths 1
Laundry Features Electric Hook-up Main
Total Bedrooms 3
Total Baths 2
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ExteriorSiding Alum/Vinyl/Steel
Fencing All
Water Source Municipal
Total Parking 2.0
Driveway Concrete Gravel
Garage Type Detached
Lot Location Hiking Trail Near Fire Station Near Hospital Near Park Near Public Transit Near Schools Near Shopping Center
Lot Size 8250.0
Building Area Total 1946.0
Lot Size Acres 0.1894
Road Frontage Type City/Town Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,157
- Monthly Property Taxes
- $153
- 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 $645,319
Percent of Sale Price 29%
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.
5519723 Elementary School
5519587 Middle School
Palmer High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $500,000 | -4.76% | Price Down |
| 5/30/2026 | $525,000 | | Listed Price |