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507 N 23rd St
Single Family
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$470,000

$247/sqft

507 N 23rd St, Colorado Springs

36% below median
3 bd·2 ba·1,903 sqft
Built 191010,799 sqft lotPleasant Valley

507 N 23rd St, Colorado Springs, CO

3 bd · 2 ba · 1,903 sqft Single Family listed at $470,000, built in 1910 in the Pleasant Valley neighborhood.

About this home

Welcome to a rare Westside opportunity featuring a Piles Peak View, residence with direct adjacency to Thorndale Park, set on a 0.25-acre R-2 zoned lot with Mountain View's, flexible redevelopment potential, a walkout basement, and immediate livability. This property uniquely blends present-day functionality with long-term upside in one of Colorado Springs' most sought-after Westside corridors. The existing home offers comfortable living with a functional floor plan, 3 bedrooms, 2 bathrooms, and generous living areas, including a true walkout basement-a valuable feature that enhances usability today and adds versatility for future expansion, rental potential, or multi-generational living. Natural light fills the interior, and the layout supports practical everyday living while also offering room to improve, renovate, or reimagine over time. What truly sets this property apart is the site itself-a quarter-acre park-bordered lot that provides uncommon openness, privacy, and direct access to green space. Thorndale Park functions as an extension of your own yard, offering recreation, trails, and year-round outdoor enjoyment just steps from the home. Located minutes from Old Colorado City, downtown Colorado Springs, Garden of the Gods, Red Rock Canyon, local dining, shopping, and major commuter routes, this Westside address delivers both lifestyle and convenience in one of the city's most established and desirable neighborhoods. Opportunities combining park adjacency, R-2 zoning, a quarter-acre lot, mountain views, a walkout basement, and an existing home ready for immediate use are exceptionally rare on the Westside. This is a true hybrid offering-live comfortably now and invest in a future with unlimited potential. Schedule your showing today!

Property details

Price
$470,000
Bedrooms
3
Bathrooms
2
Interior
1,903 sqft
Price / sqft
$247
Year built
1910
Lot size
10,799 sqft
Type
Single Family
Days on market
142
Est. property tax
$2,397/yr · $200/mo · 0.51% CO avg
Last sold
$350,000 · Jun 2018

Estimated monthly payment

Down payment20% ($94,000)
Interest rate6.75%
Principal & Interest$2,439
Property Tax$431
Insurance$150
Total$3,020/mo

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Price history

▼ 3.9%Most recent change on 2026-03-07: $489,000 → $470,000.

$577K$264K$-50K$35K on Nov 88 (Sold)$120K on Oct 12 (Sold)$270K on Jan 18 (Initial list)$270K on Jan 18 (Sold)$345K on May 18 (Initial list)$350K on Jun 18 (Sold)$3K on Jun 23 (Price change)$525K on Dec 25 (Initial list)$489K on Jan 26 (Price change)$470K on Mar 26 (Price change)
$35K · Nov 88$470K · Mar 26
  1. Mar 7, 2026$470,000Price change
  2. Jan 27, 2026$489,000Price change
  3. Dec 5, 2025$525,000Initial list price
  4. Jun 8, 2023$2,500Price change
  5. Jun 4, 2018$350,000Sold
  6. May 7, 2018$345,000Initial list price
  7. Jan 16, 2018$269,500Sold
  8. Jan 2, 2018$269,500Initial list price
  9. Oct 19, 2012$120,000Sold
  10. Nov 1, 1988$35,000Sold

Location

This home is located in Colorado Springs, CO. Browse more Colorado Springs listings on the Colorado Springs market page or explore the full Colorado Springs market report.

About Colorado Springs: Colorado Springs is a home rule city that is the county seat of, and the most populous city in, El Paso County, Colorado, United States. The city had a population of 478,961 at the 2020 census, a 15.02% increase since 2010. Colorado Springs is the second-most populous city and most extensive city by area in the state of Colorado, and the 40th-most-populous city in the United States. It is the principal city of the Colorado Springs metropolitan area, which had 755,105 residents in 2020, and the second-most prominent city of the Front Range Urban Corridor. It is located in east-central Colorado on Fountain Creek, 70 miles (113 km) south of Denver. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 239 dry days per year and 21.8 inches of annual rainfall.

Location

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