Prospect Lake Real Estate

Prospect Lake Real Estate

Welcome to Prospect Lake, a picturesque neighborhood nestled in the heart of Colorado Springs, Colorado. Known for its stunning natural beauty and vibrant community spirit, Prospect Lake offers residents a unique blend of outdoor adventure and suburban tranquility.

One of the neighborhood's crowning jewels is the scenic Prospect Lake itself, a serene spot perfect for fishing, kayaking, and leisurely strolls along the shoreline. The surrounding parkland is adorned with lush greenery, picnic areas, and playgrounds, making it an ideal destination for families and outdoor enthusiasts alike. Imagine spending your weekends enjoying a sunny afternoon by the water or hosting a barbecue in one of the many well-maintained parks.

Prospect Lake is also conveniently located near a variety of amenities. Residents enjoy easy access to local shops, dining options, and entertainment venues that cater to all tastes. Whether you’re in the mood for a cozy café, a gourmet restaurant, or a shopping spree, everything you need is just a short drive away.

The neighborhood is known for its friendly atmosphere and strong sense of community, with regular events and gatherings that bring neighbors together. Families will appreciate the excellent schools in the area, which provide quality education and a nurturing environment for children.

With its stunning landscapes, active lifestyle, and welcoming community, Prospect Lake is more than just a place to live; it’s a place to thrive. Come discover the charm of this Colorado Springs gem and envision your new life in Prospect Lake!

Newest Listings in Prospect Lake

$410,000
4 Beds ⋅ 2 Baths ⋅ 1,644 SqFt. ⋅ ACTIVE Status
Beautifully remodeled ranch-style home featuring 4 bedrooms, 2 bathrooms, and 1,644 finished square feet. Updates include new flooring, new carpet, fresh interior paint, and new kitchen appliances, including the range and refrigerator. The finished basement provides additional living space and flexibility. Situated on an approximately 0.3-acre lot with a terrace patio, this home is conveniently located about 0.3 miles from Memorial Park and its lake, with easy access to outdoor recreation and nearby amenities. Move-in ready and thoughtfully updated throughout.

716 S Sheridan Ave, Colorado Springs

Courtesy of You 1st Realty - Unity. 719-308-4642

$549,900
3 Beds ⋅ 4 Baths ⋅ 3,065 SqFt. ⋅ ACTIVE Status
This luxury open and light filled home is amazingly upgraded thru out. Custom kitchen with everything you want in it like pull out shelves and trash compactor - newer frig - dishwasher - upgraded sink - double ovens - grill- cooktop - Baths - security - 3 car tandem garage plus 3 car attached and enclosed carport - A/C, Beautiful private low maintenance back yard with custom patio and covered pergola for entertaining - front electronic gate - and just one block to Memorial Park, where you can enjoy fishing, kayaking, paddle boarding, boating and so much more every day- come see it : ) See the videos! Don't miss this one - perfect family home with over 3,000 sq ft of custom luxury ....

1223 E Rio Grande St, Colorado Springs

Courtesy of Angel Realty, LLC. 303-974-7776

$270,000
2 Beds ⋅ 1 Baths ⋅ 972 SqFt. ⋅ ACTIVE Status
Original hardwood flooring on main level. 2 bedrooms 1-bathroom zoned R2.

728 Prospect Lake Dr, Colorado Springs

Courtesy of RE/MAX Real Estate Group LLC. 719-534-7900

$400,000
ACTIVE Status
Charming ranch bungalow ideally located near downtown Colorado Springs and Memorial Park! This low-maintenance stucco home sits on a desirable R-2 lot with alley access, abundant off-street parking, RV parking, and endless potential. The fully fenced yard offers plenty of space to relax, entertain, or expand. Start your day on the inviting covered front porch before stepping inside to a bright living room that flows into the designated dining area, complete with a charming window seat and abundant natural light. The kitchen offers stainless steel appliances, ample cabinet space, and a functional layout for everyday living. The main level features two bedrooms, including the primary bedroom, and a three-quarter bathroom. Downstairs, the finished basement provides a private second living area that could serve as a mother-in-law suite, guest quarters, or potential rental opportunity. Outside, enjoy a separately fenced patio with a hot tub—perfect for relaxing after a long day while maintaining privacy from the rest of the yard. The R-2 zoning, alley access, and generous parking make this property an excellent fit for those needing space for an RV, additional vehicles, or future possibilities. Just a short walk to Memorial Park, you'll enjoy easy access to trails, Prospect Lake, playgrounds, the annual Balloon Festival, Fourth of July fireworks, and all the recreation and events the park has to offer. With its central location near downtown dining, shopping, and entertainment, this home offers the perfect combination of charm, flexibility, and convenience. Don't miss this fantastic opportunity to own a home in the heart of Colorado Springs!

713 S Sheridan Ave, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$400,000
3 Beds ⋅ 2 Baths ⋅ 1,677 SqFt. ⋅ ACTIVE Status
Charming ranch bungalow ideally located near downtown Colorado Springs and Memorial Park! This low-maintenance stucco home sits on a desirable R-2 lot with alley access, abundant off-street parking, RV parking, and endless potential. The fully fenced yard offers plenty of space to relax, entertain, or expand. Start your day on the inviting covered front porch before stepping inside to a bright living room that flows into the designated dining area, complete with a charming window seat and abundant natural light. The kitchen offers stainless steel appliances, ample cabinet space, and a functional layout for everyday living. The main level features two bedrooms, including the primary bedroom, and a three-quarter bathroom. Downstairs, the finished basement provides a private second living area that could serve as a mother-in-law suite, guest quarters, or potential rental opportunity. Outside, enjoy a separately fenced patio with a hot tub—perfect for relaxing after a long day while maintaining privacy from the rest of the yard. The R-2 zoning, alley access, and generous parking make this property an excellent fit for those needing space for an RV, additional vehicles, or future possibilities. Just a short walk to Memorial Park, you'll enjoy easy access to trails, Prospect Lake, playgrounds, the annual Balloon Festival, Fourth of July fireworks, and all the recreation and events the park has to offer. With its central location near downtown dining, shopping, and entertainment, this home offers the perfect combination of charm, flexibility, and convenience. Don't miss this fantastic opportunity to own a home in the heart of Colorado Springs!

713 S Sheridan Ave, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$372,500
4 Beds ⋅ 2 Baths ⋅ 2,150 SqFt. ⋅ ACTIVE Status
This Charming bungalow style home in downtown adjacent historic Hillside. Spacious and bright, this home is zoned R2 and can be converted to a duplex or add an ADU out back! Walking distance to downtown, across from Memorial Park and Prospect Lake, this gem is near it all. Step out your front door to experience the Labor Day liftoff and all that the park has to offer, walking distance to the planned redevelopment of the Union Printers home, easy I-25 access, Playgrounds, trails (Shooks Run), coffee shops, revamped Helen Hunt Campus, and more to this charming downtown neighborhood. Original wood floors, new vinyl windows, new central A/C and heat, freshly painted- this charmer is move-in ready. Grab a scooter and explore all this great location has to offer!

726 Prospect Lake Dr, Colorado Springs

Courtesy of RE/MAX Real Estate Group LLC. 719-534-7900

$339,000
2 Beds ⋅ 1 Baths ⋅ 966 SqFt. ⋅ ACTIVE Status
Welcome home! This 2-bed, 1-bath home is a scenic beauty, fully renovated with modern luxury in mind. It is located just minutes away from downtown, parks, restaurants, I-25, and so much more! Step inside to find a beautiful interior featuring custom tile work, Caesarstone quartz countertops, LG stainless steel appliances, a custom breakfast nook, walk-in pantry, and a convenient dry bar; ideal for entertaining guests or simply relaxing with loved ones. This home offers more than just stylish living spaces, it includes a 2-car oversized garage complete with a workshop that provides ample room for storage, hobbies, or projects. Don't miss your chance to call this stunning property home. Schedule a showing today and envision yourself enjoying the modern conveniences this home offers.

1220 E Fountain Blvd, Colorado Springs

Courtesy of Venterra Real Estate LLC. (719) 368-7639

$279,000
2 Beds ⋅ 1 Baths ⋅ 943 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
This turnkey home is handicap accessible with permanent concrete ramps into both the front and back of the home. This is a spacious and comfortable two-bedroom home with updated windows, roof, and water heater. There is plenty of off-street parking in the front driveway, and room for an RV to park in the back off of the alley. When you're not enjoying the comfortable interior of the home, you're within easy walking distance of the iconic Prospect Lake. Stroll over to watch the balloons for Labor Day Lift Off without stressing about parking.

1539 Fountain St, Colorado Springs

Courtesy of Trent Properties Group. (719) 630-1600

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