This stunning property offers a rare opportunity to own a truly unique home while generating immediate income or accommodating multi-generational living. Ideally located in highly desirable Old Colorado City, the residence seamlessly blends historic charm with modern convenience. The original 1899 home showcases timeless character and craftsmanship, thoughtfully enhanced by a beautiful 2020 addition. At the heart of the home is a spacious, well-appointed kitchen featuring a gas range, farmhouse sink, and walk-in pantry. A bar seating area with a dedicated coffee station and breakfast bar overlooks the kitchen, creating the perfect gathering space. The expansive living room is warm and inviting, highlighted by a gas fireplace and large picture windows that fill the space with natural light. Up the first staircase, you’ll find three generously sized bedrooms; two with original hardwood floors and one with a walk-in closet, along with a stylish ¾ bathroom featuring a glass-enclosed shower and additional storage. The second staircase leads to a private primary suite retreat. This luxurious space includes a versatile flex area ideal for a sitting room, office, or fitness space. Beyond charming barn doors, the bedroom accommodates a king-size layout with an additional sitting area, a spacious 6x12 walk-in closet, and a chic five-piece ensuite complete with a freestanding soaking tub, tile shower, and a mounted TV for ultimate relaxation. The newly renovated basement has it's own entrance to function as a rental unit; complete with a kitchenette, full bathroom, laundry, a comfortable bedroom, and it's own deck. Outside, the private yard leads to a fully redesigned cottage offering exceptional income potential. The main level studio is ideal for short-term rentals, while the upper-level one-bedroom apartment is perfectly suited for mid-term tenants. With proven rental history and endless possibilities, this property is a rare and versatile investment and stunning home.
Property Details
- Cooling
- Ceiling Fan(s),Central Air,See Prop Desc Remarks,Wall Unit(s)
- Heating
- Electric,Natural Gas,Other,See Prop Desc Remarks
- Cooling Features
- Ceiling Fan(s),Central Air,See Prop Desc Remarks,Wall Unit(s)
- Exterior Features
- Masonite Type,Stucco,Wood
- Acres
- 0.172
- Lot Size
- 7500.0000
- Lot Size (sqft)
- 7500.0
- Property Type
- Multi-Family
- Year Built
- 1899
- Foundation
- Partial Basement,Other
- Roof
- Other
- Utility Features
- Electricity Connected,Natural Gas Connected
- Appliances
- Dishwasher,Dryer,Gas Grill,Gas in Kitchen,Microwave Oven,Other,Range,Refrigerator,Washer
- Water
- Municipal
- School District
- Colorado Springs 11
- County
- El Paso
- Region
- Colorado Springs
- Terms
- Assumable,Cash,Conventional,VA
- MLS #
- 6434029
- Property Subtype
- House W/Cottage
- Fence
- Front,Rear
- MLS #
- 6434029
- Date Listed
- June 18, 2026
- Address
- 1607 W Pikes Peak Avenue
Location
Legal
- The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
Last Updated: Jul 27, 2026 8:06 AM. Source: PPMLS
Provided By
Listed by Dave Kaercher ABR C2EX CDPE GRI SFR (#011462), 719-534-7900
Listing Office: RE/MAX Real Estate Group LLC (#00055802)
