Homes for sale - 705 E Hills RD, Colorado Springs, CO 80909

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$320,000

Est. payment - /mo

2 Beds

1 Bath

1,092 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $293

Subdivision Reeves

MLS Listing ID 5562861

Style Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 624

Year Built 1946

Annual Tax Amount $919

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Single Family Residence

Source recolorado

Property Description

PRICE REDUCED! INCREDIBLE INVESTMENT OPPORTUNITY!

This property offers exceptional potential for the right buyer. With vision and renovation, it could be transformed into a charming single-family home surrounded by nature. The lot features mature trees, natural rock formations, and lush landscaping that create a serene, mountain-like atmosphere. Previous plans included adding koi ponds throughout the property—an idea that could easily be revived to create a stunning garden retreat.

For developers, the possibilities are even greater. The seller has consulted with the city and was informed that this one-third-acre lot may be suitable for two duplexes and two ADU structures (buyer to verify all information and perform their own due diligence).

The owner is open to owner-carry financing but prefers an outright sale.

Discover the potential this unique property holds—whether as a private sanctuary or a smart investment project!

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Exterior Entry, Partial, Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling None

Flooring Wood

Fireplace N

Exterior

Exterior Feature Barbecue, Private Yard

Parking Features 220 Volts

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Available, Electricity Connected, Phone Available

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Many Trees

Foundation Block

Sewer Public Sewer

Water Private

Level or Stories One

Structure Type Block,Frame

Schools

Elementary Schools Queen Palmer

Middle Schools Galileo

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Estate

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Special Listing Condition None

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Listed by HomeSmart

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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