El Paso Homes with Unfinished Basement

Welcome to El Paso County, Colorado – a vibrant and diverse region nestled at the foot of the majestic Rocky Mountains. Known for its stunning landscapes, rich history, and a plethora of outdoor activities, El Paso County is an ideal place for families, retirees, and everyone in between. With the bustling city of Colorado Springs at its heart, residents enjoy a perfect blend of urban amenities and serene natural beauty.

One of the unique features of homes in El Paso County is the availability of properties with unfinished basements. These versatile spaces present a blank canvas for homeowners to unleash their creativity, whether you envision a cozy family room, a state-of-the-art home theater, or a spacious guest suite. The potential is limitless! An unfinished basement not only adds extra square footage but also increases the overall value of your home, making it a smart investment for the future.

Living in El Paso County means you’re just a stone’s throw away from breathtaking hiking trails, picturesque parks, and a wealth of recreational activities. From the iconic Garden of the Gods to the serene beauty of Pikes Peak, outdoor enthusiasts will find endless adventures right at their doorstep. Plus, with a thriving local economy, excellent schools, and a strong sense of community, it’s no wonder that El Paso County is a sought-after destination for homebuyers.

Explore the possibilities of homeownership in El Paso County, where your dream home with an unfinished basement awaits! Embrace the chance to create a space that truly reflects your lifestyle and aspirations.

Newest El Paso Homes with Unfinished Basement

$399,000

3 Beds ⋅ 3 Baths ⋅ 2531936 MLS

Fresh digs with roommate potential built right in.Brand-new home that actually works for real life—main-level office (or guest flex space), powder room, and laundry so the daily grind stays easy. Head upstairs to the owner’s retreat with its own en-suite, plus two more solid bedrooms and a full bath. Perfect setup if you want to claim the primary and rent out one (or both) of the extras to offset the mortgage while keeping your own vibe intact.Walk through the covered front porch into a bright living room with 9-foot ceilings and clean luxury vinyl plank floors. The kitchen delivers granite counters, tall 42" cabinets, and a real pantry—ready for meal prep or late-night hangs. Full unfinished basement adds 700+ sq ft of blank-canvas potential (future gym, media room, extra living space—you decide). Detached 1-car garage keeps things practical.Central location close to everything you actually want. Modern, flexible, and built for someone who likes options—live solo, share with a cool roommate, or grow into it. This one’s got the layout and the energy. Don’t wait on it.

5209 Palomino Ranch Pt, Colorado Springs

$799,000

4 Beds ⋅ 3 Baths ⋅ 2960149 MLS

This beautifully maintained 4-bedroom home PLUS a private office has incredible mountain VIEWS, a huge lot, and a THREE-CAR garage! Major improvements include a NEW roof (2021) and a NEW expanded driveway (2025)! The WALKOUT basement is unfinished and ready for you to expand. Located in one of Monument’s most desirable neighborhoods. The views, privacy, and outdoor space are the true highlights of this property, with room to relax, entertain, and enjoy the Colorado lifestyle. The kitchen is the heart of the home, with expansive windows that showcase breathtaking mountain views and create a beautiful backdrop for everyday living. The natural light, open feel, and scenery make this a space you’ll want to spend time in. The main level also features a private office with two sliding doors, creating a functional space for working from home, studying, or a quiet retreat, while all bedrooms are located upstairs. The primary bedroom and bathroom offer a peaceful retreat with the same stunning views, quiet privacy, and a relaxing atmosphere to unwind at the end of the day. The oversized deck and expansive backyard are perfect for enjoying the outdoors, whether you’re having your morning coffee, entertaining friends and family, or watching the sunset over the mountains. Additional features include central vacuum with two convenient dustpans, plenty of storage, and a spacious layout designed for comfortable living. The location is exceptional — walk to Monument Lake for fishing and paddleboarding, downtown Monument for shops and restaurants, Wednesday night summer concerts in the park, and the nearby farmers market. Located on the west side of I-25 and close to the Air Force Academy, this home offers convenience while still providing the quiet, spacious feel of Monument living.

17297 Leisure Lake Dr, Monument

$550,000

3 Beds ⋅ 3 Baths ⋅ 7488087 MLS

Fall in love with this beautifully maintained home in the sought-after Banning Lewis Ranch community! Pride of ownership is evident throughout, with a bright, open floor plan designed for both everyday living and entertaining. The main level features hardwood flooring, a cozy gas fireplace, and a spacious kitchen complete with granite countertops, white cabinetry, and a large center island. The kitchen flows seamlessly to the back deck, where you can enjoy beautiful open-space views and incredible Colorado sunsets. Upstairs, the generously sized primary suite offers a private en suite bathroom and large walk-in closet. You’ll also find two additional bedrooms, a full bathroom, convenient upstairs laundry, and a versatile loft that makes a great second living area, playroom, office, or game space. The unfinished walk-out basement provides plenty of room for storage today and endless possibilities for future expansion. Additional features include easy access to the furnace and water heater, along with a hot-water recirculating system. Enjoy everything Banning Lewis Ranch has to offer, including its parks, trails, community amenities, and convenient Colorado Springs location. This home offers the space, layout, views, and flexibility buyers are looking for! come see it for yourself!

8772 Briar Brush Ln, Colorado Springs

$380,000

3 Beds ⋅ 2 Baths ⋅ 3656799 MLS

Welcome home to a fully remodeled and low-maintenance designed living! Just minutes from Fort Carson, The Broadmoor, Cheyenne Mountain Resort, Seven Falls, Cheyenne Mountain State Park, and Downtown via I-25, this home puts dining, golf, spas, hiking, and everyday amenities all within easy reach. The upgrades begin outside with a partially replaced roof, exterior paint touch ups, and xeriscaped front landscaping - all in 2026! Inside, the remodel continues with replaced subfloors, seamless luxury vinyl plank flooring across the main living areas, fresh interior paint and trim, updated drywall, and new recessed lighting - again, all in 2026! The main-level bedrooms feature brand-new carpet and ceiling fans, while the remodeled bathrooms bring a clean, modern feel. The primary suite offers its own private courtyard and an updated ensuite bath with a walk-in shower and tile surround. The kitchen has been refreshed from top to bottom with updated cabinetry, and new or barely used stainless steel appliances. Upstairs, refinished handrails and black metal spindles lead into an expansive second living room or loft. A statement fireplace with stack stone surround, and custom floating shelves anchors the space, while large windows frame Colorado mountain views and walks you out to your balcony. An unfinished basement adds laundry and abundant storage today with the flexibility to finish later and create even more usable living space. With all remodels taking place this year, you won't want to miss the opportunity to call this home!

828 San Bruno Pl, Colorado Springs

$750,000

3 Beds ⋅ 3 Baths ⋅ 7782105 MLS

Welcome to this beautifully designed walkout ranch-style home, offering modern cottage charm and effortless main-level living. This premium corner lot is approximately 7,069 square feet and backs to a greenbelt. The thoughtfully designed home features 3 bedrooms, 2.5 baths, and approximately 3,700 total square feet, combining style, comfort, and functionality. The masterfully designed kitchen features stainless steel appliances, a double oven, and quartz countertops. The open-concept great room showcases a gas fireplace with a stone surround and vaulted ceilings. A spacious 3-car garage provides ample room for vehicles and storage, while the unfinished basement offers excellent potential for future living space, a home gym, office, or additional storage. The basement features 9-foot ceilings and is pre-plumbed for future finishing. Photos are representative of a previously built home by Valiant at Independence and are not an exact representation of the subject property to be built. List price includes the lot premium; final purchase price is subject to any buyer-selected upgrades and options.

6824 Shimmering Moon Ln, Colorado Springs

$584,445

3 Beds ⋅ 3 Baths ⋅ 9799286 MLS

Welcome to the Marseille floor plan, a beautifully designed two-story home that combines open living with flexible spaces. The main floor features a spacious great room that flows seamlessly into the dining area and kitchen, where a large island with room for four bar stools creates the perfect gathering spot. A private study on the main level offers quiet workspace, Upstairs, a loft with an open view to below provides additional living space, perfect for a media room, playroom, or retreat. The Marseille also includes a standard 3-bay tandem garage, giving you plenty of room for vehicles, storage, or hobbies. With its open layout, versatile options, and thoughtful details, the Marseille is designed to grow with your lifestyle. Disclaimer: Images, renderings, and virtual tours are for illustrative purposes only and may show optional features, upgrades, or design variations not included in the base price. Actual home details, specifications, and finishes may vary.

5744 Zounds Way, Colorado Springs

$445,000

4 Beds ⋅ 3 Baths ⋅ 6653581 MLS

Welcome home to a beautifully maintained two-story home in a well-established neighborhood. A covered front porch leads into a bright two-story foyer, setting the tone for a warm and inviting main level with gorgeous hardwood floors throughout. Enjoy mountain and Pikes Peak views, along with stunning sunsets, from the dining room and an upstairs bedroom. The spacious great room flows effortlessly into the walk-out dining area and kitchen, creating an ideal layout for everyday living and entertaining. The kitchen features quartz countertops, stainless steel appliances, 42-inch cabinetry with crown molding, a large center island, a pantry, and generous counter space. A separate dining room just off the kitchen adds flexible space, and a convenient main-level half bath completes the area. Upstairs, the owner’s suite offers vaulted ceilings, a large walk-in closet, and an adjoining five-piece bath with an oversized shower and soaking tub. Three additional bedrooms, a full hall bath, and a convenient laundry room complete the upper level. The unfinished full basement includes rough-in plumbing for a future bathroom and offers excellent potential for additional living space, storage, or recreation. Outside, the beautifully landscaped and well-maintained yard, along with a concrete patio, provides a comfortable setting to relax and enjoy the outdoors. Additional features include lighted ceiling fans in the great room and bedrooms, central air conditioning for warm summer days, and a three-car tandem garage with framing in place for a future service door. A popular K–8 charter school and neighborhood parks are within walking distance, while nearby major roadways provide convenient access to shopping, dining, entertainment, military installations, and the airport. Seller is offering $5k for seller concessions.

6607 Lamine Dr, Colorado Springs

$475,000

3 Beds ⋅ 3 Baths ⋅ 9811921 MLS

Even Mona Lisa smiles over 5216 Sternward Way. This 2-story, 3-bedroom + main level office/den home showcases an open, sunlit Great Room with a gas fireplace, AND an unfinished walk-out basement offering a blank canvas with a way out. Handpicked kitchen counters and an oversized island meet corner windows framing unobstructed mountain views. Fully owned solar helps keep electric bills slim to none; newer central air conditioning and a newer tankless water heater add comfort. Did you see, NO HOA?! That's right. Outside, find a Class 4 roof, fresh paint, refreshed front xeriscaping, covered porch, and a large Trex deck w/treated framing. Just minutes from Peterson Space Force Base First & Main, parks, trails, shops, dining and movies.

5216 Sternward Way, Colorado Springs

$375,000

2 Beds ⋅ 2 Baths ⋅ 5730389 MLS

With Cheyenne Mountain views, a walk-out basement, and a large lot, this multi-level home is full of potential! This home has NO CARPET – there is tile floor throughout. It also features comfortable and efficient boiler heat. The main and upper levels have vaulted ceilings for a spacious feel. Upper level primary bedroom has a large walk-in closet and an attached bathroom with jacuzzi tub and skylights. There’s a sunny loft on the upper level too – great for an office! Main level offers mountain views from the living room and kitchen, with walk-outs to the deck from both. Composite deck overlooks the large side yard and is a perfect spot to view Cheyenne Mountain and the foothills. Living room features a wood-burning fireplace. Lower level includes a bedroom, full bathroom, laundry space, and family room. Unfinished walk-out basement opens to the front of the home, so it has great potential as a work-from-home space, workshop, storage, future third bedroom, or future separate living quarters. Driveway parking is available. Fully fenced back yard also offers great mountain views. Shed is included. Roof was installed in 2024, and boiler was installed in 2016. The property is located at the end of a cul-de-sac with no HOA! Otero Elementary School and Fox Meadow Middle School are close by. The location is also near Quail Lake, Cheyenne Meadows Park, and Cheyenne Meadows Dog Park, and the Country Club of Colorado! The property is sold As-Is.

3660 Suncrest Ct, Colorado Springs

$200,000

3 Beds ⋅ 1 Baths ⋅ 3867299 MLS

Located in the center of Peyton close to post office, town shops and park in Peyton Junction. A spacious level half acre lot with lots of potential for expansion of home or outbuildings. Spacious mountain views This home is priced to sell with huge potential for expansion. Plenty of room for garden space on a level lot . The home is older and in need of TLC. All utilities and Internet is onsite.

18430 Main St, Peyton

$485,000

3 Beds ⋅ 3 Baths ⋅ 2345630 MLS

***No HOA!!!*** The Reserve at Park Vista offers custom new construction on a private cul-de-sac in a highly convenient location! This to-be-built 2-story home features stucco exterior, 9ft ceilings on the main and upper levels, attached 2 car garage, and low-maintenance xeriscaped front yard. Enjoy 3 bedrooms, 3 bathrooms, an unfinished basement, and private backyard. You have the unique ability to select your favorite finishes and upgrades, ensuring every detail is tailored specifically to your taste! The main level showcases a thoughtfully designed open floor plan accented by durable luxury vinyl flooring. The kitchen is equipped with 42" extended height cabinetry, stone counters, bar-top island, abundant recessed lighting, and pantry, all of which can be customized with your choice of finishes. Premium stainless steel appliance package includes gas range and refrigerator. The living room serves as a cozy focal point with a gas fireplace while the dining room conveniently walks out to a private, fully fenced backyard. Upstairs, the Owner’s Suite offers both a walk-in closet and a secondary closet, plus a customized en suite with double vanity, undermount sinks, stone counters, and tiled shower tub. Two more bedrooms, full bathroom, and laundry space with electric hook-ups complete the upper level. The open unfinished basement comes pre-plumbed for a wet bar and a bathroom rough-in – use the space for storage, a home gym, or playroom! Built with superior 2x6 construction, 95% efficient gas furnace, electric water heater, and central A/C, this home offers total peace of mind & comfort year round. You are minutes from UCCS, Palmer Park, Academy, and Powers, placing the best shopping and dining right at your fingertips. This is your chance to secure a brand new home tailored to your exact specifications in a location you'll love. ***No HOA!!!***

4364 Siferd Blvd, Colorado Springs

$445,000

3 Beds ⋅ 2 Baths ⋅ 1846869 MLS

Welcome to 3380 Ashwood Circle, a meticulously maintained and thoughtfully updated 3 bedroom, 2 bathroom home sitting on a .26 acre lot. On a gorgeous treelined street with views of the foothills, walking into this home you’re immediately greeted by an open living room space complete with newly installed LVP, bright south facing windows and kitchen fit for a chef. Downstairs you’ll find easy access to a backyard that is an entertainers dream. Backing up to a large park area and walking path with direct access, the possibilities are endless for nights with the neighbors, outdoor projects or to let your imagination soar. Back inside n the lower level, you’ll find the secondary living room, complete with a fireplace and custom installed ranger door for your furry friends, and accessibility to your two car garage and unfinished basement. All three bedrooms are located on the top level, complete with new LVP flooring, and large windows. A guest bathroom in the hallway, and a true primary suite with ensuite bath and walk in closet. Ideally located near Fort Carson, Cheyenne Mountain and Quail Lake Park, along with easy accessibility to downtown Colorado Springs and an abundance of local shopping and dining, this one check’s all the boxes. This home offers a turnkey lifestyle, large backyard space for hosting, and endless future possibilities.

3380 Ashwood Cir, Colorado Springs

Start Your Search

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.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Espi Agency, L.L.C. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions