Prospect Lake Homes with Full Basement

Welcome to Prospect Lake, a hidden gem nestled in the heart of Colorado Springs, Colorado. This picturesque neighborhood offers a unique blend of natural beauty and modern living, making it an ideal place for families, professionals, and retirees alike. With stunning views of the Rocky Mountains and the tranquil waters of Prospect Lake, residents are treated to a serene environment that’s perfect for outdoor enthusiasts and nature lovers.

Prospect Lake boasts a variety of homes, many of which feature full basements, providing ample space for storage, recreation, or even the potential for additional living areas. These versatile basements can be transformed into cozy family rooms, home gyms, or guest suites, enhancing the overall functionality of your living space. The homes here are characterized by their charming architecture and well-maintained yards, creating a warm and inviting atmosphere that reflects the community spirit of the neighborhood.

The area is also conveniently located near shopping, dining, and entertainment options, ensuring that residents have everything they need within reach. Families will appreciate the proximity to quality schools and parks, while outdoor enthusiasts can take advantage of nearby hiking trails and recreational activities around the lake.

Living in Prospect Lake means embracing a lifestyle that balances tranquility with accessibility. Whether you’re enjoying a leisurely afternoon by the water or hosting a gathering in your spacious basement, this neighborhood offers a welcoming environment that feels like home. Come explore the beauty and charm of Prospect Lake, where your dream home awaits!

Newest Prospect Lake Homes with Full Basement

$410,000

4 Beds ⋅ 2 Baths ⋅ 7713050 MLS

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

$523,000

3 Beds ⋅ 4 Baths ⋅ 2075728 MLS

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

$369,000

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

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