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3 Beds
3 Baths
1,543 sqft

$820,000

505 PENROSE Boulevard, Colorado Springs CO, 80906

Price per sqft$531.43
Built in1956
Property size1,543 sqft
Property typeResidential
Bought with Non Member, Non Member and Listed by Charles Wahlen, Wahlen Properties Listing Contact: 303-882-0996

Overview

Sold

Listed Apr 1, 2026

Updated 2 weeks ago

An exceptional opportunity to build your dream home in one of Colorado Springs’ most prestigious neighborhoods. Situated on nearly one acre directly overlooking the Broadmoor Golf Club, this rare homesite offers spectacular golf course views, mature trees, privacy, and an unmatched setting just minutes from The Broadmoor Resort. The existing residence is ready for renovation or redevelopment, allowing the next owner to create a custom luxury home designed specifically for this incredible location. With an existing water tap and septic/leach field already in place, if you want to build new much of the groundwork has already been established, and if you just want to renovate, you can move in and have an exceptional lot and home quickly! Whether you’re a custom home builder, investor, or buyer searching for one of the last premier building sites in the Broadmoor area, this property presents an extraordinary opportunity to create a legacy home in one of Colorado’s most sought-after communities. Bank-owned property with the ability to close quickly. Seller financing may be available for qualified buyers.

Additional information

MLS® ID
3799803

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.95 Acres

Other Property Details

Taxes
$4,125
Tax Frequency
Annually
View
Yes
MLS provider logo

Bought with Non Member, Non Member and Listed by Charles Wahlen, Wahlen Properties

Listing Contact: 303-882-0996

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.

Data Last Updated: 9/21/2026

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