2515 Reed Grass Way
Colorado Springs, CO, 80915 $ 450,000
Bedrooms4 Baths3.0 Sq 3,367 Monthly Estimate*
$ 2,771
for $450,000 with 4 bedrooms and 3 full baths. This 3,367 square foot home was built in 2013 on a lot size of 0.1574.
A Note to This Home's Future Buyer: This is for the buyer who has been scrolling listings for a while now. You've seen some homes, but haven't found the deal you know is out there — you just haven't found it yet. Until now. What you're looking for is instant value. Look no further. This 2-story 4-bedroom, 3-bathroom home in Cimarron Hills is 3,367 square feet and priced below market — intentionally. It needs some paint and carpet, a little delayed TLC, and a buyer who isn't afraid of a few weekend home projects. In return, you get a home this size, at this price, with equity waiting for you on day one. Walk in the front door and you'll find a sitting room that opens into a spacious living room and kitchen with an open floor concept. The kitchen has granite countertops, tons of cabinet storage, an island with bar seating, and a built-in wine rack tucked off to the side — just across from the half bath. Head upstairs and the loft hits you immediately — open, airy, flooded with natural light. Work from home? You just found your office. Down the hall are three bedrooms, a full bath, and a laundry room that's actually where it should be: upstairs with the bedrooms and closets, where the laundry lives. The primary suite is at the end of the hall and it delivers: walk-in closet, 5-piece ensuite bath, and enough space to actually exhale at the end of the day. The unfinished basement is a blank canvas waiting on your vision — game room, movie room, downstairs library and chill space, you name it. Until then, use it as a home gym or extra storage. No pressure, no timeline. Just possibility. Out back, there's a fully fenced yard with a large stamped-concrete patio that is genuinely just waiting on you. A few chairs, a fire pit, some string lights — and that's your summer and fall nights right there. You're close to everything on Powers: groceries, restaurants, the Cinemark theater at First & Main. If you're military or work on base, Peterson is practically in your backyard and Fort Carson is an easy 20–30 minute commute. This home needs some cosmetic love, but nothing standing between a motivated buyer and move-in day. If you're looking for the best deal per square foot in the area, this is it — build your own equity from day one instead of overpaying for someone else's renovations.
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FeaturesGeneralUtilities Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances Dishwasher Dryer Microwave Oven Oven Range Refrigerator Self Cleaning Oven Washer
Water Assoc/Distr
Assoc Fees 472.00
Number of Garage Spaces 2
School District District 49
HOA Fee Includes Covenant Enforcement Management
Construction Status Existing Home
Property Type Residential
Yearly Taxes 3172.89
Tax Year 2025
Status Active
Sub Type Single Family
Covenants Y/N 1
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ExteriorSiding Stucco
Garage Type Attached
Fence Rear
Structure Frame
Lot Size 6857.0000
Foundation Full Basement
Lot Description See Prop Desc Remarks
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InteriorFull Baths 2
Floor Plan 2 Story
Half Baths 1
Three Quarter Bath 0
Laundry Facility Upper
Fireplace None
Total Baths 3
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* Excluded FeaturesList ByHomesmart Preferred RealtyBroker
maiakarvakko@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,771
- Monthly Property Taxes
- $264
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $648,961
Percent of Sale Price 44%
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.
5199887 Elementary School
5199888 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $450,000 | | Listed Price |