Homestead Homes under $500,000

Welcome to Homestead, a charming neighborhood nestled in the heart of Colorado Springs, Colorado. Known for its inviting atmosphere and strong sense of community, Homestead is a hidden gem in El Paso County that offers a perfect blend of suburban tranquility and urban convenience.

As you stroll through the tree-lined streets, you'll notice the warm, welcoming vibe that makes this neighborhood feel like home. With its well-maintained parks, playgrounds, and community spaces, families find plenty of opportunities for outdoor fun and social gatherings. The area boasts excellent schools, making it a popular choice for families looking to settle down and raise children in a nurturing environment.

For those seeking affordable housing options, Homestead shines with a variety of homes priced under $500,000. From charming single-family residences to modern townhomes, the real estate market here caters to diverse needs and lifestyles. Many properties feature spacious yards, updated interiors, and stunning mountain views, allowing residents to enjoy the beauty of Colorado right from their doorstep.

Homestead's convenient location means you're just a short drive away from downtown Colorado Springs, where you can explore an array of dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to hiking trails, parks, and the breathtaking landscapes of the Rocky Mountains.

In Homestead, you’re not just buying a home; you’re investing in a lifestyle. With its affordable housing, friendly community, and beautiful surroundings, this neighborhood is truly a wonderful place to call home. Come discover the charm of Homestead and find your perfect abode today!

Newest Homestead Homes under $500,000

$450,000

3 Beds ⋅ 3 Baths ⋅ 2,331 SqFt. ⋅ ACTIVE Status

Welcome! As you walk through this lovingly cared-for Gendron Built home, notice how well the floor plan flows through the Living Room, Formal Dining area, Kitchen and down to the Family Room. Many improvements have been made to include Deck off Dining area, Gas Line to Outside BBQ, Central Air, Electrical Box Moved and Replaced, Electric Outlet for Hot Tub, Newer Underground Plumbing, Additional Front and Rear Outside Electrical Outlets, Sunroom Blinds, Ceiling Fans in Bedroom and in Sunroom. The list goes on. This is a home you will truly enjoy. Located between N Academy Blvd and the Powers Blvd corridor, the property offers convenient and quick access to shopping, fine dining, entertainment, and I-25.

5374 Smokehouse Ln, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$427,000

3 Beds ⋅ 3 Baths ⋅ 1,991 SqFt. ⋅ ACTIVE Status

Great opportunity in a convenient Colorado Springs location! This 3-bedroom, 3-bath home offers over 2,000 square feet of living space with a functional multi-level floor plan and attached 2-car garage. Conveniently located near shopping, dining, schools, parks, and major roadways, with plenty of potential to make the home your own.

3845 Inspiration Dr, Colorado Springs

Courtesy of Paul Cerniauskas. 719-900-8482

$384,900

4 Beds ⋅ 2 Baths ⋅ 1,791 SqFt. ⋅ ACTIVE Status

Welcome to this well-maintained bi-level home nestled in an established neighborhood with a convenient location near the Powers Corridor, shopping, schools, parks, and everyday amenities. The spacious floor plan offers comfortable living areas with thoughtful updates throughout, including an upgraded 150-amp electrical panel and a NEW hot water heater. The kitchen features stainless steel appliances and flows into the dining area which showcases built-ins, providing additional functionality and storage. The remodeled upper-level bathroom offers a fresh, updated feel. Downstairs, the family room features a wood-burning fireplace, creating a warm and inviting space for relaxing or entertaining. Enjoy Colorado outdoor living in the private backyard, which presents both a 12x8 composite deck and an impressive 19x16 extended concrete patio—plenty of room for outdoor dining, gatherings, or simply enjoying the sunshine. Central A/C adds comfort during warmer months. Come take a look, schedule your showing today!

4855 S Crimson Cir, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$449,000

5 Beds ⋅ 3 Baths ⋅ 2,804 SqFt. ⋅ ACTIVE Status

Welcome to this spacious ranch-style home in The Homestead, offering incredible flexibility with 5 bedrooms, a full basement, and room for everyone! Bright natural light fills the home, while durable vinyl plank flooring extends throughout most of the living spaces. Enjoy an open living and formal dining area, plus a cozy fireplace that creates a warm and inviting atmosphere for everyday living and entertaining. The large eat-in kitchen features a plethora of warm wood cabinetry, new appliances, and a sunny dining nook with direct access to the expansive backyard deck—perfect for outdoor dining and relaxation. The main-level primary retreat offers a walk-in closet and 5-piece bath, while an additional bedroom on the main floor provides added flexibility. The finished basement expands the possibilities with a large family room, three additional bedrooms, and a newly added kitchenette, making it an ideal multi-generational living space or private guest retreat. Recent improvements also include a new basement bedroom, vinyl plank flooring, kitchen appliances, paver patio, rock landscaping, retaining wall, and privacy fence. Enjoy low-maintenance living with xeriscaping, mature trees, a charming storage shed, paver patio, and a newer roof, paint, furnace, and A/C. Ideally located close to shopping, dining, and services along the Powers Corridor and near Palmer Park, this move-in-ready home offers tremendous space, comfort, and convenience!

5210 Whip Trl, Colorado Springs

Courtesy of Redfin Corporation. 520-744-6917

$395,000

3 Beds ⋅ 2 Baths ⋅ 1,560 SqFt. ⋅ ACTIVE Status

Welcome home to this beautifully updated tri-level nestled on a quiet cul-de-sac in the desirable Homestead neighborhood. Offering 3 bedrooms, 2 bathrooms, and 1,560 square feet of thoughtfully designed living space, this home perfectly blends comfort, style, and Colorado living. Situated on a huge lot, this peaceful and private property offers a rare combination of breathtaking scenery and everyday convenience. Step into your own backyard oasis featuring panoramic views of Pikes Peak and Garden of the Gods. The expansive deck is the perfect place to enjoy your morning coffee at sunrise or unwind while taking in Colorado's unforgettable sunsets. The large, fully fenced backyard offers plenty of room for entertaining, gardening, pets, and outdoor recreation, while abundant wildlife creates the feeling of a mountain retreat. Despite its tranquil setting, you're just minutes from shopping, dining, parks, schools, and other everyday amenities. Inside, the kitchen features beautiful countertops, stainless steel appliances, including a glass-top range, and opens to the dining area for easy entertaining. Wood laminate flooring extends throughout the kitchen, dining room, and lower-level family room, creating a warm and inviting atmosphere. The spacious primary bedroom includes a flexible bonus area that is perfect for a home office, reading nook, nursery, workout space, or private sitting area. Additional highlights include an attached one-car garage, a covered one-car carport for additional protected parking, and the privacy of a quiet, established neighborhood. If you've been searching for a home with spectacular mountain views, an oversized lot, peaceful surroundings, abundant wildlife, and a location that's close to everything, this is one you won't want to miss.

4874 Splitrail Pl, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$450,000

4 Beds ⋅ 3 Baths ⋅ 2,245 SqFt. ⋅ ACTIVE Status

Step inside this updated multi-level home tucked into one of East Colorado Springs' most desired neighborhoods, where a renovated kitchen and updated bathrooms meet the warmth of a gas fireplace glowing behind its masonry surround. The open concept kitchen and dining room set the stage for effortless living — whether it's morning coffee, weeknight dinners, or hosting friends, the space flows naturally from cooking to gathering. New carpet cushions every step underfoot, and the air stays exactly where you want it thanks to a new furnace and A/C system working quietly in the background. Downstairs, the finished basement level opens up as a flexible retreat — picture movie nights, a home office, or a game room that's all your own. The kitchen comes ready to cook in, outfitted with a refrigerator, self-cleaning oven, microwave, and washer/dryer, with laundry right on the main level so chores never interrupt the flow of the day. Peace of mind lives here too: the roof and electrical panel have both been replaced, so the big-ticket worries are already handled. Out back, a gardener's dream backyard unfolds under mature trees and landscaping, with automatic sprinklers keeping everything lush without the work. A concrete patio invites long evenings outdoors, while the level, fenced lot gives kids, pets, or gardeners room to roam. The attached 2-car garage does double duty with a built-in workshop, and a separate storage structure keeps everything else tucked away and out of sight. Close to main roads and parks, this East Colorado Springs home puts everyday life within easy reach — shopping, dining, and commuter routes all close at hand, no matter which direction you're headed. This is a home that's already done the hard work, so all that's left is to move in and settle down.

5221 Smokehouse Ln, Colorado Springs

Courtesy of Coldwell Banker Beyond. 719-577-4300

$370,000

4 Beds ⋅ 2 Baths ⋅ 1,815 SqFt. ⋅ ACTIVE Status

Welcome to Portrait Place in the highly sought-after Holly Hills neighborhood! This inviting 4-bedroom, 2-bathroom home offers the perfect blend of functionality and comfortable living. The thoughtfully designed layout features stylish quartz countertops, updated appliances, and a cozy wood-burning fireplace that creates a warm and welcoming atmosphere. The finished basement provides additional living space, making it ideal for a family room, home office, gym, or guest retreat. Step outside to a spacious deck that's perfect for entertaining, overlooking a blank-slate backyard ready for you to create your own outdoor oasis. Whether you envision a garden, play area, or custom patio, the possibilities are endless. Complete with a one-car garage, additional off-street driveway parking, and a fantastic location close to parks, schools, shopping, and dining, this home offers the perfect combination of comfort, convenience, and opportunity. Don't miss your chance to make this Holly Hills gem your own!

4844 Portrait Pl, Colorado Springs

Courtesy of Orchard Brokerage LLC. 844-515-9880

$415,000

3 Beds ⋅ 3 Baths ⋅ 2,041 SqFt. ⋅ ACTIVE Status

***Backs to open space and walking trails that can never be developed*** Welcome home to this practical 4-level home offering plenty of room to live, work, and entertain. Featuring 3 bedrooms and 3 bathrooms, this home is designed with comfort and flexibility in mind. The upper level hosts all three bedrooms, while multiple living areas throughout the home provide space for everyone to spread out and enjoy. The inviting family room features a cozy wood-burning fireplace, creating the perfect spot to gather on chilly Colorado evenings. Large windows throughout the home bring in abundant natural light and showcase beautiful views of Pikes Peak and the surrounding mountain ranges. Step outside to a generously sized backyard complete with mature trees, a patio ideal for outdoor dining and entertaining, and a storage shed for additional convenience. The expansive outdoor space offers endless possibilities for gardening, play, or simply relaxing and enjoying Colorado's beautiful weather. Conveniently located in the heart of Colorado Springs, this home provides quick access to shopping, dining, schools, parks, and everyday amenities. Just minutes from the Powers corridor, you'll enjoy an easy commute to major employers, military installations, and all that the city has to offer. Combining space, functionality, mountain views, and a central location, this home is ready to welcome its next owners.

5430 Wagon Master Dr, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

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