1011 Milky Way
Colorado Springs, CO, 80905 $ 485,000
Bedrooms3 Baths0.0 Sq 1,219 Monthly Estimate*
$ 2,986
Listed by The Cutting Edge
for $485,000 with 3 bedrooms. This 1,219 square foot home was built in 1954 on a lot size of 0.17.
Welcome to this charming and thoughtfully updated 3-bedroom, 2-bath ranch-style home nestled in the highly desirable Skyway neighborhood of southwest Colorado Springs, located within the award-winning District 12 school district. Set on a spacious lot with mature trees and a fully fenced backyard, this property offers a peaceful setting that truly comes to life in the spring and summer months. Inside, you’ll find beautiful original hardwood floors, all new interior paint, and updated lighting throughout, creating a fresh and inviting atmosphere. The living room is a standout feature, highlighted by a brand new bay window that floods the space with natural light and creates the perfect spot to relax and unwind, anchored by a cozy gas fireplace for those cooler Colorado evenings. The open layout flows seamlessly into the updated kitchen, complete with granite countertops, stainless steel appliances, and stylish cabinetry. Both bathrooms have been tastefully updated with modern tile finishes, offering comfort and style. Step outside and experience your own private outdoor oasis. As the landscape fills in for the season, the backyard transforms into a lush, serene retreat ideal for morning coffee, evening gatherings, or weekend entertaining. Enjoy the low-maintenance Trex deck, pergola, and additional Tuff Shed for storage, all designed to enhance your outdoor lifestyle. Additional features include A/C, newer roof and water heater, and an oversized heated one-car garage. Perfectly located near Garden of the Gods, Bear Creek Park, and Stratton Open Space, this home offers not just a place to live, but a lifestyle to enjoy.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Garage Spaces 1
Construction Materials Brick Wood Siding
Exclusions Seller's personal property and staging items curtains and curtain rods.
Year Built 1954
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County El Paso
Property Type Residential
HOA N
Attached Garage Y
Contingency None Known
Subdivision Name Skyway Park
Full Baths 0
Status Pending
Directions 8th Street West on Arcturus Dr Right onto Skyway Blvd Turn left onto Milky Way. Destination will be on the left.
High School Cheyenne Mountain
City Colorado Springs
Senior Community Y/N N
High School District Cheyenne Mountain 12
Lot Size Units Acres
Lot Size Square Feet 7405.2
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Skyway
Tax Annual Amount 2169
Middle/Junior High School Cheyenne Mountain
Structure Type House
Standard Status Active Under Contract
Occupancy Type Owner
Middle/Junior School District Cheyenne Mountain 12
Elementary School District Cheyenne Mountain 12
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InteriorBasement Crawl Space
Flooring Wood
Total Fireplaces 1
Fireplace Features Gas Living Room
Basement (Y/N) N
Above Grade Finished Area 1219
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 0
Total Baths 0
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ExteriorFencing Partial
Parking Features Heated Garage Oversized
Lot Features Landscaped Near Public Transit
Total Parking 1
Lot Size Area 0.17
Building Area Total 1219
Lot Size Acres 0.17
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,986
- Monthly Property Taxes
- $181
- 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 $646,335
Percent of Sale Price 33%
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.
3799539 Elementary School
3043907 Middle School
Cheyenne Mountain High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $485,000 | | Listed Price |