Prospect Lake Real Estate

Welcome to Prospect Lake, a hidden gem nestled in the heart of Colorado Springs, Colorado. This vibrant neighborhood offers a perfect blend of natural beauty and community spirit, making it an ideal place to call home.

One of the standout features of Prospect Lake is its stunning namesake, a picturesque body of water surrounded by lush parks and scenic trails. Residents can enjoy leisurely strolls along the lake’s edge, partake in picnics with friends and family, or simply unwind while soaking in the breathtaking views of the Rocky Mountains. The lake is also a popular spot for fishing, kayaking, and birdwatching, providing endless opportunities for outdoor enthusiasts.

The community surrounding Prospect Lake is warm and welcoming, characterized by friendly neighbors and a strong sense of belonging. With a mix of charming single-family homes and modern townhouses, there’s something for everyone in this diverse neighborhood. Families appreciate the excellent local schools and the abundance of parks, which offer playgrounds, sports facilities, and open spaces for children to play.

Conveniently located near downtown Colorado Springs, residents of Prospect Lake enjoy easy access to a variety of shopping, dining, and entertainment options. From trendy cafes to local boutiques, there’s always something new to explore. Additionally, the nearby Garden of the Gods and Pikes Peak provide an array of recreational activities, ensuring that adventure is never far away.

In Prospect Lake, you’ll find not just a place to live, but a community that embraces the beauty of nature and the warmth of neighborly connections. Come discover your new home in this charming Colorado neighborhood!

Newest Listings in Prospect Lake

$415,000

6194336 MLS

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

$415,000

3 Beds ⋅ 2 Baths ⋅ 8398236 MLS

713 S Sheridan Ave, Colorado Springs

$372,500

4 Beds ⋅ 2 Baths ⋅ 3962525 MLS

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

$339,000

2 Beds ⋅ 1 Baths ⋅ 5209981 MLS

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

$279,000

2 Beds ⋅ 1 Baths ⋅ 5442811 MLS

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

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