Prospect Lake Homes for Sale

Prospect Lake Homes for Sale

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 an idyllic setting for families, outdoor enthusiasts, and anyone seeking a serene lifestyle. The neighborhood is named after the enchanting lake that serves as its centerpiece, providing residents with ample opportunities for recreation, relaxation, and breathtaking views.

As you stroll through Prospect Lake, you’ll discover a variety of charming homes for sale, each exuding unique character and warmth. From cozy single-family residences to more spacious properties, there’s something for everyone in this inviting community. Many homes boast modern amenities, beautifully landscaped yards, and easy access to the lake, making them perfect for those who appreciate nature and outdoor living.

The area is also home to an array of parks and walking trails, offering residents a chance to explore the stunning Colorado landscape. Families can enjoy picnics by the water, fishing, or simply soaking in the sun on warm days. The nearby schools are highly rated, making Prospect Lake an excellent choice for families with children.

With its friendly atmosphere, beautiful surroundings, and a strong sense of community, Prospect Lake is more than just a neighborhood; it's a place where memories are made. If you’re looking for a home that combines comfort, convenience, and connection to nature, explore the homes for sale in Prospect Lake today and discover your dream home in this enchanting Colorado Springs gem!

Newest Prospect Lake Homes for Sale

716 S Sheridan Ave, Colorado Springs
$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

1223 E Rio Grande St, Colorado Springs
$523,000
3 Beds ⋅ 4 Baths ⋅ 3,065 SqFt. ⋅ ACTIVE Status
Beautifully maintained luxury stucco, low maintenance home built in 2000 - offering a modern design, abundant natural light, and exceptional flexibility. With 3,048 finished square feet this home provides immediate luxury and comfort. The open-concept main level is filled with natural light from expansive windows and features a spacious living area centered around a cozy gas fireplace. This home has a separate dining area for larger gatherings. The kitchen is designed for entertaining-complete with tile and granite countertops, arge island with grill, ample custom cabinetry, and a custom made pantry. Enjoy the newer frig, trash compactor, dishwasher, double ovens, and microwave. Dedicated master bedroom suite on the main floor. The oversized primary luxury suite offers a peaceful retreat with 4 closets and two separate, spacious en suite baths. The first bath has a separate shower, jetted tub and upgraded custom cabinetry with designer sink. The second bath comes with a walk in tub, custom cabinetry and designer sink. The master bedroom includes remote control designer blinds, gas log fireplace, in room a/c unit, dimmer lighting and ceiling fan. Home comes fully air conditioned, with washer and dryer in the separate laundry room. This home boasts a three car tandem garage, shelving and storage - with an additional 3 car attached carport. Enjoy outdoor living with a private patio complete with a fire pit and covered pergola, along with convenient sun room access. Located just steps away from Memorial Park Lake-indulge in fishing, boating, kayaking, playgrounds. This home combines comfort, functionality, and an ideal setting for everyday entertainment. Situated in a desirable lake community with easy access to local amenities and annual events. This home is a rare opportunity to own a luxury light-filled property-with optional income opportunities. Seller offering a preapproved buyer up to a $23K lender credit for loan buy down! Call for details

1223 E Rio Grande St, Colorado Springs

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

728 Prospect Lake Dr, Colorado Springs
$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

713 S Sheridan Ave, Colorado Springs
$379,900
3 Beds ⋅ 2 Baths ⋅ 1,677 SqFt. ⋅ ACTIVE Status
**Take advantage of a $5,000 Seller Credit at closing to help reduce your upfront costs or buy down your interest rate!** Live in one, rent the other! This charming ranch bungalow near downtown Colorado Springs and Memorial Park includes a full apartment in the lower level, offering rental income to help offset today's interest rates or an ideal setup for multi-generational living. The main level welcomes you with a covered front porch and a bright living room that flows into the 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. Two bedrooms, including the primary, and a three-quarter bath complete the main floor. Downstairs, the private apartment features its own separate entrance, a bedroom, a bathroom, and a kitchenette, giving tenants or extended family true independence and privacy. This low-maintenance stucco home sits on a desirable R-2 lot with alley access, abundant off-street parking, and RV parking. The fully fenced yard offers room to relax, entertain, or expand, while a separately fenced patio with a hot tub creates a private retreat. Stroll to Memorial Park for trails, Prospect Lake, playgrounds, the annual Balloon Festival, and Fourth of July fireworks, with downtown dining, shopping, and entertainment just minutes away. A legal rental apartment, income potential, and an unbeatable central location. Opportunities like this don't come along often. Schedule your showing today!

713 S Sheridan Ave, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

726 Prospect Lake Dr, Colorado Springs
$360,000
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

1220 E Fountain Blvd, Colorado Springs
$330,000
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

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