520 Prairie Road

Hard-to-Find Single-Family Opportunity in Colorado Springs – with NEW Carpet and Flooring! This updated 2-bedroom, 1-bath ranch home sits on a spacious 0.17-acre lot with no HOA and R-5 zoning, offering exciting potential for future expansion—including the possibility of an ADU (Accessory Dwelling Unit). Whether you're looking for a primary residence or future income potential, this property delivers flexibility and value. Step inside to a bright and open layout filled with natural light. Brand-new carpet in the living room and both bedrooms, plus fresh interior paint throughout, gives this home a crisp, move-in ready feel. The eat-in kitchen features new vinyl flooring and seamless access to the backyard—perfect for hosting friends or enjoying summer evenings outdoors. The bathroom is thoughtfully designed with dual access from both the primary bedroom and the oversized laundry room (washer & dryer included), making everyday living and guest visits more convenient. Outside, you'll find a detached 2-car garage with an attached workshop, ideal for hobbies, storage, or DIY projects. Alley access provides space for RV parking, trailers, or outdoor gear—a rare bonus in this price range! Located on a quiet street, you're just minutes from Downtown Colorado Springs (5 mins), UCHealth Memorial Central (1 mile), and the Olympic Training Center (0.5 mile). Parks, public transit, schools, and shopping are all close by. Don’t miss the chance to see this versatile property! Schedule your showing today and explore the possibilities!