8963 Backgammon Dr · Colorado Springs, CO 80924

$620,000

6 bd · 3.0 ba · 3,177 sqft · SingleFamily public records · 111 Days on market

Built 2020 6,646 sqft lot $195/sqft · 20% below area Est $785k · 21% under $67/mo HOA · 2% of rent ↓ 9% since listing

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +5.2/30.0
• Schools +5.1/10.0
• Appreciation +4.1/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• 1% rule +0.3/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Come take a tour of this beautiful 6-bedroom, 3-bath, 2-car garage ranch-style home with a finished basement in the desirable Wolf Ranch neighborhood—now available for sale. Located just off Black Forest Road, this home sits in a prime location within Academy School District 20, close to Legacy Peak Elementary, Challenger Middle School, the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, and the U. S. Air Force Academy. Nearby conveniences include medical facilities, grocery stores, restaurants, entertainment, and more. Step into the oversized 2-car garage, a standout feature with epoxy flooring, enhanced lighting, a 9-foot garage door opening, wall cabinetry, and a convenient side service door. Inside, the home offers a spacious living room with vaulted ceilings, upgraded laminate flooring throughout the main level, and a cozy electric stone-accented fireplace. The kitchen features upgraded cabinetry, a large composite sink, pantry, quartz countertops, and direct access to the back patio. The main level includes a primary suite with a 5-piece bath and tiled shower floor, along with three additional bedrooms and two bathrooms. Downstairs, the fully finished basement offers updated carpeting, three bedrooms, a bathroom, a wet bar, and extensive built-in white IKEA cabinetry with solid doors and glass-panel wall cabinets. Additional upgrades include an electronic air cleaner, humidifier, and radon mitigation system. The backyard is thoughtfully designed with attractive landscaping, an extended patio, exterior tote surround, patio wall cabinet, irrigation system with WiFi and Bluetooth controller, window well covers, and visible radon mitigation piping. This home combines a spacious, well-appointed interior with a highly sought-after location near top-rated schools and everyday amenities. Don’t miss the opportunity to make this exceptional property your next home—schedule your showing today.

Key facts

• Large composite sink
• Finished basement
• Upgraded cabinetry

Tags

• FINISHED BASEMENT
• OVERSIZED GARAGE
• EPOXY FLOORING
• 9-FOOT GARAGE DOOR OPENING
• UPGRADED CABINETRY
• LARGE COMPOSITE SINK

What this means for you Summary

Snapshot

• This is a 6-bed/3.0-bath single-family listed at $620k.

Deal economics

• At list price, monthly cash flow is $-1k ($-17k/yr) — negative.
• To cash-flow at today's rent, offer at most $374k (39.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $327k (47.3% below list).
• Recommended offer: $327k (47.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 78/100 on livability (#23 in CO, #2,639 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, housing A+, health & safety A+; Watch: cost of living C-, crime F.
• Academy School District No. 20 In The County Of El Paso An (urban): math 45% / reading 65% proficiency, ranked #8 of 86 in CO (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Market conditions: Rents soft (-0.8%/yr); 403 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,906 units permitted in El Paso County in 2024 (872 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.8%/yr); year-one equity from $4k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• El Paso County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($564k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago; this cycle's ask has dropped $60k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $326,579 (47.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 47% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.53% ✗
• Cap rate: 3.60%
• Cash-on-cash: -9.63%
• DSCR: 0.57
• GRM: 15.8

CMA / ARV

• ARV (median comp): $784,516
• List price: $620,000
• Delta: -20.97%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6459 Jennings Way	0.57mi	5/3.5 (-1)	3,292 (+4%)	1mo	$757,461	$230	60
6093 Rowdy Dr	0.65mi	5/3.0 (-1)	3,238 (+2%)	3mo	$624,500	$193	59
6818 Black Saddle Dr	0.57mi	5/3.5 (-1)	3,121 (-2%)	8mo	$612,000	$196	57
8920 Frolic Vw	0.30mi	5/5.0 (-1)	3,395 (+7%)	8mo	$775,000	$228	55
9005 Canary	0.65mi	5/3.0 (-1)	3,386 (+7%)	0mo	$562,000	$166	54
6541 Stonefly Dr	0.60mi	5/3.0 (-1)	3,388 (+7%)	3mo	$583,000	$172	53
8970 Frolic Vw	0.31mi	5/4.5 (-1)	3,469 (+9%)	7mo	$780,000	$225	53
9307 Gallery Pl	0.40mi	5/3.5 (-1)	3,483 (+10%)	8mo	$700,000	$201	52
8269 Misty Moon Dr	0.54mi	5/3.0 (-1)	3,532 (+11%)	2mo	$612,000	$173	49
8437 Salt Brush Rd	0.55mi	5/3.0 (-1)	3,510 (+10%)	5mo	$510,000	$145	48
9155 Selkirk Pl	0.63mi	5/3.5 (-1)	2,892 (-9%)	3mo	$625,000	$216	46
6518 Cumbre Vista Way	0.64mi	5/3.0 (-1)	3,581 (+13%)	1mo	$670,000	$187	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.81% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.5%
• Equity multiple: 0.04×
• Total profit: $-167,393
• Equity at exit: $125,942

10-year hold

• IRR: -24.1%
• Equity multiple: -0.55×
• Total profit: $-269,184
• Equity at exit: $112,949

Cash invested: $173,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80924

• Home prices YoY: -1.0%
• Rents YoY: -0.8%
• Active inventory: 403
• Price-to-rent: 15.8×

Monthly cashflow live

• Estimated rent: $3,266 medium
• Mortgage (P&I): −$3,251
• Tax from tax record: −$396 /mo · $4,752/yr
• Insurance: −$258
• HOA: −$67
• Vacancy / Maint / Mgmt: −$686
• Net cashflow: $-1,393

Break-even live

Break-even rent $5,029

Max offer price $373,974

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $155,000
• Closing costs: $18,600
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6159 Harney Dr Colorado Springs, CO	5.0	3.5	3829	$3,500	$0.91	14d	1	0.80mi
6917 Cumbre Vista Way Colorado Springs, CO	5.0	3.0	3500	$3,150	$0.90	3d	1	0.92mi
6209 Leon Young Dr Colorado Springs, CO	5.0	3.5	3859	$3,500	$0.91	14d	1	0.97mi

HOA detail

• Monthly dues: $67 · $804/yr
• Likely covers: electricinternetlandscaping

Listing history 41 events

1. 2026-06-18
   days on market $620,000 Active 111 DOM
2. 2026-06-17
   days on market $620,000 Active 110 DOM
3. 2026-06-16
   days on market $620,000 Active 109 DOM
4. 2026-06-15
   days on market $620,000 Active 108 DOM
5. 2026-06-14
   days on market $620,000 Active 106 DOM
6. 2026-06-13
   days on market $620,000 Active 105 DOM
7. 2026-06-10
   days on market $620,000 Active 103 DOM
8. 2026-06-09
   days on market $620,000 Active 102 DOM
9. 2026-06-08
   days on market $620,000 Active 101 DOM
10. 2026-06-07
    days on market $620,000 Active 100 DOM
11. 2026-06-05
    days on market $620,000 Active 97 DOM
12. 2026-06-03
    days on market $620,000 Active 96 DOM
13. 2026-06-03
    days on market $620,000 Active 95 DOM
14. 2026-06-01
    days on market $620,000 Active 94 DOM
15. 2026-05-31
    days on market $620,000 Active 93 DOM
16. 2026-05-02
    price $620,000 1952-char remark

    Show marketing remark (1952 chars)

    Come take a tour of this beautiful 6-bedroom, 3-bath, 2-car garage ranch-style home with a finished basement in the desirable Wolf Ranch neighborhood—now available for sale. Located just off Black Forest Road, this home sits in a prime location within Academy School District 20, close to Legacy Peak Elementary, Challenger Middle School, the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, and the U. S. Air Force Academy. Nearby conveniences include medical facilities, grocery stores, restaurants, entertainment, and more. Step into the oversized 2-car garage, a standout feature with epoxy flooring, enhanced lighting, a 9-foot garage door opening, wall cabinetry, and a convenient side service door. Inside, the home offers a spacious living room with vaulted ceilings, upgraded laminate flooring throughout the main level, and a cozy electric stone-accented fireplace. The kitchen features upgraded cabinetry, a large composite sink, pantry, quartz countertops, and direct access to the back patio. The main level includes a primary suite with a 5-piece bath and tiled shower floor, along with three additional bedrooms and two bathrooms. Downstairs, the fully finished basement offers updated carpeting, three bedrooms, a bathroom, a wet bar, and extensive built-in white IKEA cabinetry with solid doors and glass-panel wall cabinets. Additional upgrades include an electronic air cleaner, humidifier, and radon mitigation system. The backyard is thoughtfully designed with attractive landscaping, an extended patio, exterior tote surround, patio wall cabinet, irrigation system with WiFi and Bluetooth controller, window well covers, and visible radon mitigation piping. This home combines a spacious, well-appointed interior with a highly sought-after location near top-rated schools and everyday amenities. Don’t miss the opportunity to make this exceptional property your next home—schedule your showing today.

17. 2026-04-15
    price $640,000 1952-char remark

    Show marketing remark (1952 chars)

    Come take a tour of this beautiful 6-bedroom, 3-bath, 2-car garage ranch-style home with a finished basement in the desirable Wolf Ranch neighborhood—now available for sale. Located just off Black Forest Road, this home sits in a prime location within Academy School District 20, close to Legacy Peak Elementary, Challenger Middle School, the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, and the U. S. Air Force Academy. Nearby conveniences include medical facilities, grocery stores, restaurants, entertainment, and more. Step into the oversized 2-car garage, a standout feature with epoxy flooring, enhanced lighting, a 9-foot garage door opening, wall cabinetry, and a convenient side service door. Inside, the home offers a spacious living room with vaulted ceilings, upgraded laminate flooring throughout the main level, and a cozy electric stone-accented fireplace. The kitchen features upgraded cabinetry, a large composite sink, pantry, quartz countertops, and direct access to the back patio. The main level includes a primary suite with a 5-piece bath and tiled shower floor, along with three additional bedrooms and two bathrooms. Downstairs, the fully finished basement offers updated carpeting, three bedrooms, a bathroom, a wet bar, and extensive built-in white IKEA cabinetry with solid doors and glass-panel wall cabinets. Additional upgrades include an electronic air cleaner, humidifier, and radon mitigation system. The backyard is thoughtfully designed with attractive landscaping, an extended patio, exterior tote surround, patio wall cabinet, irrigation system with WiFi and Bluetooth controller, window well covers, and visible radon mitigation piping. This home combines a spacious, well-appointed interior with a highly sought-after location near top-rated schools and everyday amenities. Don’t miss the opportunity to make this exceptional property your next home—schedule your showing today.

18. 2026-04-01
    price $660,000 1952-char remark

    Show marketing remark (1952 chars)

    Come take a tour of this beautiful 6-bedroom, 3-bath, 2-car garage ranch-style home with a finished basement in the desirable Wolf Ranch neighborhood—now available for sale. Located just off Black Forest Road, this home sits in a prime location within Academy School District 20, close to Legacy Peak Elementary, Challenger Middle School, the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, and the U. S. Air Force Academy. Nearby conveniences include medical facilities, grocery stores, restaurants, entertainment, and more. Step into the oversized 2-car garage, a standout feature with epoxy flooring, enhanced lighting, a 9-foot garage door opening, wall cabinetry, and a convenient side service door. Inside, the home offers a spacious living room with vaulted ceilings, upgraded laminate flooring throughout the main level, and a cozy electric stone-accented fireplace. The kitchen features upgraded cabinetry, a large composite sink, pantry, quartz countertops, and direct access to the back patio. The main level includes a primary suite with a 5-piece bath and tiled shower floor, along with three additional bedrooms and two bathrooms. Downstairs, the fully finished basement offers updated carpeting, three bedrooms, a bathroom, a wet bar, and extensive built-in white IKEA cabinetry with solid doors and glass-panel wall cabinets. Additional upgrades include an electronic air cleaner, humidifier, and radon mitigation system. The backyard is thoughtfully designed with attractive landscaping, an extended patio, exterior tote surround, patio wall cabinet, irrigation system with WiFi and Bluetooth controller, window well covers, and visible radon mitigation piping. This home combines a spacious, well-appointed interior with a highly sought-after location near top-rated schools and everyday amenities. Don’t miss the opportunity to make this exceptional property your next home—schedule your showing today.

19. 2026-02-28
    listed $680,000 Active 1952-char remark

    Show marketing remark (1952 chars)

    Come take a tour of this beautiful 6-bedroom, 3-bath, 2-car garage ranch-style home with a finished basement in the desirable Wolf Ranch neighborhood—now available for sale. Located just off Black Forest Road, this home sits in a prime location within Academy School District 20, close to Legacy Peak Elementary, Challenger Middle School, the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, and the U. S. Air Force Academy. Nearby conveniences include medical facilities, grocery stores, restaurants, entertainment, and more. Step into the oversized 2-car garage, a standout feature with epoxy flooring, enhanced lighting, a 9-foot garage door opening, wall cabinetry, and a convenient side service door. Inside, the home offers a spacious living room with vaulted ceilings, upgraded laminate flooring throughout the main level, and a cozy electric stone-accented fireplace. The kitchen features upgraded cabinetry, a large composite sink, pantry, quartz countertops, and direct access to the back patio. The main level includes a primary suite with a 5-piece bath and tiled shower floor, along with three additional bedrooms and two bathrooms. Downstairs, the fully finished basement offers updated carpeting, three bedrooms, a bathroom, a wet bar, and extensive built-in white IKEA cabinetry with solid doors and glass-panel wall cabinets. Additional upgrades include an electronic air cleaner, humidifier, and radon mitigation system. The backyard is thoughtfully designed with attractive landscaping, an extended patio, exterior tote surround, patio wall cabinet, irrigation system with WiFi and Bluetooth controller, window well covers, and visible radon mitigation piping. This home combines a spacious, well-appointed interior with a highly sought-after location near top-rated schools and everyday amenities. Don’t miss the opportunity to make this exceptional property your next home—schedule your showing today.

20. 2025-02-06
    historical $3,200
21. 2025-01-26
    price $3,200
22. 2025-01-25
    listed $3,300
23. 2025-01-10
    soldstatus $558,000 Closed 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

24. 2025-01-10
    soldstatus $558,000 Sold 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

25. 2025-01-10
    soldstatus $558,000

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

26. 2025-01-09
    soldstatus $558,000 Sold
27. 2024-11-26
    status Pending 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

28. 2024-11-26
    status Pending Accepting Backup Offers 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

29. 2024-11-26
    historical Under Contract - Showing

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

30. 2024-11-21
    price $566,500

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

31. 2024-11-21
    price $566,500 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

32. 2024-11-21
    price $566,500 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

33. 2024-11-07
    price $575,000

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

34. 2024-11-07
    price $575,000 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

35. 2024-11-07
    price $575,000 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

36. 2024-10-24
    listed $599,900 Active 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

37. 2024-10-24
    listed $599,900 Active 1736-char remark

    Show marketing remark (1736 chars)

    Come take a tour of this beautiful 6 bed, 3 bath, 3 car garage rancher with a basement, in the lovely Wolf Ranch neighborhood using our 3D Virtual Tour! Located off Black Forest Rd., this home is in an ideal location, within district 20 schools, and close to Legacy Peak Elementary, Challenger Middle School, and near the Wolf Ranch Recreation Center, Brave Eagle Pocket Park, I-25, the U.S Air Force Academy, and other nearby amenities to include medical, grocery, restaurants, entertainment and more! Let’s head into the garage! This space is special, with Epoxy flooring, enhanced lighting, 9ft garage door opening, wall cabinetry, and a side service door! Once inside you’ll find a spacious living room with vaulted ceilings, upgraded laminate flooring throughout, and a cozy electric stone accented fireplace. Kitchen has upgraded cabinets, a large composite sink, a pantry, quartz countertops, and back patio access. There is a main level master with 5-piece master bath, with tiled shower floor, along with 3 other bedrooms, and 2 bathrooms. Head down to a large basement that has updated carpet, 3 bedrooms, a bathroom, wet bar, built in deep white IKEA cabinets with solid doors, wall-mounted white IKEA cabinets with glass panel doors, with added highlights of an electronic air cleaner, Humidifier and Radon Mitigation system! The backyard offers attractive landscaping with an extended patio external tote in surround, patio wall cabinet, irrigation system with WIFI, Blue Tooth Controller, Window well covers and radon mitigation piping. This home is in a great location, near great schools and amenities, while offering a spacious interior with lots of extras! Don’t miss your chance to come take a look.

38. 2024-10-11
    price $599,900
39. 2024-08-28
    price $625,000
40. 2024-07-18
    price $649,500
41. 2024-06-18
    listed $680,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $4,752 · $396/mo
• Projected year-2 tax: $4,752 · $396/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥86°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,189
• − Mortgage interest: −$34,730
• − Property taxes: −$4,752
• − Insurance: −$3,100
• − Repairs & maintenance: −$3,135
• − Management: −$3,135
• − HOA: −$804
• − Depreciation: −$18,036
• Taxable loss: −$28,503
• Est. tax savings @ 24.0%: +$6,841
• After-tax cash flow: $-9,872/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Academy School District No. 20 In The County Of El Paso An
• NCES district ID: 0801920
• Math proficiency: 45% ▼ -5.00%
• Reading proficiency: 65% ▲ 1.00%
• Median HH income: $89,325
• Composite: 50.62/100
• National rank: #1840
• State rank: #8 of 86 in CO

Livability — Colorado Springs

• Score: 78/100
• State rank: #23
• US rank: #2639

Category grades

Amenities A+ Commute A Cost of living C- Crime F Employment B Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colorado Springs, CO
• County: El Paso County · 689,348 people
• City population: 555,783
• Metro: Colorado Springs, CO
• Population (ZIP): 19,619
• Household income: $139,447
• Rent vs Own: 34.3% rent · 65.7% own
• Severe rent burden: 464.0

Population outlook (El Paso County) Hauer SSP2

• Today (2025): 768,926 people
• By 2030: 815,739 · +6.1%
• By 2040: 903,489 · +17.5%
• By 2050: 981,204 · +27.6%
• By 2075: 1,155,542 · +50.3%
• By 2100: 1,202,070 · +56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 5% Slovak 3% Romanian 2%
• Foreign-born: 8% · Canada, South Korea, China
• Languages at home: 89% English-only · Other Indo-European 3% Spanish 3% German/W. Germanic 2%

Political lean MEDSL · El Paso

• 2024 margin: Lean R (+9.8) · D 43.8% · R 53.5% · Other 2.7%
• 2008→2024 swing: +9.0pp toward D · 2008: -18.8pp · 2024: -9.8pp
• All cycles: 2024: R+9.8 2020: R+10.8 2016: R+22.6 2012: R+21.4 2008: R+18.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.81%
• Current HPI: 180.049
• Rent YoY: ▼ -0.85%
• Metro: Colorado Springs, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

-8.8% since first listed

26 events — show timeline

• 2026-05-02 Price Changed $620,000 elevateMLS
• 2026-04-15 Price Changed $640,000 elevateMLS
• 2026-04-01 Price Changed $660,000 elevateMLS
• 2026-02-28 Listed $680,000 elevateMLS
• 2025-02-06 Rental Removed $3,200 Avail
• 2025-01-26 Price Changed $3,200 Avail
• 2025-01-25 Listed for Rent $3,300 Avail
• 2025-01-10 Sold (Public Records) $558,000 Public Records
• 2025-01-10 Sold (MLS) $558,000 IRES
• 2025-01-10 Sold (MLS) $558,000 REColorado as Distributed by MLS Grid
• 2025-01-09 Sold (MLS) $558,000 elevateMLS
• 2024-11-26 Pending — IRES
• 2024-11-26 Pending — REColorado as Distributed by MLS Grid
• 2024-11-26 Contingent — elevateMLS
• 2024-11-21 Price Changed $566,500 elevateMLS
• 2024-11-21 Price Changed $566,500 IRES
• 2024-11-21 Price Changed $566,500 REColorado as Distributed by MLS Grid
• 2024-11-07 Price Changed $575,000 elevateMLS
• 2024-11-07 Price Changed $575,000 IRES
• 2024-11-07 Price Changed $575,000 REColorado as Distributed by MLS Grid
• 2024-10-24 Listed $599,900 IRES
• 2024-10-24 Listed $599,900 REColorado as Distributed by MLS Grid
• 2024-10-11 Price Changed $599,900 elevateMLS
• 2024-08-28 Price Changed $625,000 elevateMLS
• 2024-07-18 Price Changed $649,500 elevateMLS
• 2024-06-18 Listed $680,000 elevateMLS

Property tax history

+35.0%/yr

Latest (2024): $4,752 · +1.1% YoY. Source: county tax records.