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505 Penrose Boulevard, Colorado Springs, CO 80906

$895,000
  • 505 Penrose Boulevard, Colorado Springs, CO 80906 Main Photo

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(Bank Owned) - Active
BEDS3 BATHS3 SQUARE FEET2,274 MLS#3799803
STATUS(Bank Owned) - Active PROPERTY TYPEResidential - Single Family SUBDIVISIONBroadmoor Heights

Property Description

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.

505 Penrose Boulevard | MLS# 3799803

This single family home located at 505 Penrose Boulevard, Colorado Springs, CO 80906 is currently listed for sale with an asking price of $895,000. This property was built in 1956 and has 3 bedrooms with 2274 sq. ft. Penrose Boulevard is located in the Broadmoor Heights subdivision. Search Broadmoor Heights real estate on tyler.thecuttingedgerealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.95 Acres
Roof Type: Composite Shingle
Taxes: $4,125
Year Built: 1956

Feature Descriptions

Appliances: Cook Top, Range, Refrigerator
Basement/Foundation: Slab
Days on Site: 93
Existing Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Exterior: Stucco
Floor Plan: Tri-Level
Garage Type: None
Lot: Backs to Golf Course, Golf Course View, Sloping, Trees/Woods
Outbuilding(s): Yes
Out Buildings: Storage Shed
Square Footage: 811 (Main)
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
View: Golf Course
Water: Assoc/Distr
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Wahlen Properties
Agency Phone: 303-882-0996

Shown By

Agent Name: Tyler Carr
Agent Phone: (719) 205-6004
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 5,013.33 per month $4,408.54 Principal & Interest $343.75 Property Tax $261.04 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 10:38:26 AM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Fri 07/03/2026 10:34:37 AM EST) or elevate MLS (last updated Fri 07/03/2026 10:30:55 AM EST) or Pueblo MLS (last updated Fri 07/03/2026 9:44:06 AM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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.

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