Paint Brush Hills Homes under $500,000

Welcome to Paint Brush Hills, a charming neighborhood nestled in the heart of Peyton, Colorado, within El Paso County. Known for its picturesque landscapes and serene atmosphere, Paint Brush Hills is an idyllic retreat for families, professionals, and anyone seeking a peaceful lifestyle while still enjoying the convenience of nearby urban amenities.

One of the standout features of this community is the affordability of its homes. With a variety of listings available for under $500,000, prospective buyers can find a range of options that suit their needs and budgets. From cozy single-family homes to spacious properties with lush yards, Paint Brush Hills offers a diverse selection that appeals to first-time homebuyers and seasoned investors alike.

The neighborhood boasts a strong sense of community, where friendly neighbors gather at local parks and playgrounds, fostering a welcoming environment for all ages. With stunning views of the surrounding mountains, residents can enjoy outdoor activities like hiking, biking, and exploring the many nearby trails. Families will appreciate the top-rated schools in the area, ensuring quality education for children.

Conveniently located just a short drive from Colorado Springs, Paint Brush Hills provides easy access to shopping, dining, and entertainment options, making it a perfect blend of tranquility and accessibility. Whether you're looking to settle down or invest in your future, Paint Brush Hills offers the ideal backdrop for a fulfilling lifestyle. Come discover the charm and opportunity that await you in this delightful neighborhood!

Newest Paint Brush Hills Homes under $500,000

$499,990

4 Beds ⋅ 3 Baths ⋅ 1,993 SqFt. ⋅ ACTIVE Status

Full Whirlpool appliance package, and full home blinds included for move-in convenience! Basement for future customization and storage! Ask a sales counselor about optional rear yard fencing! Open concept kitchen with quartz countertops and fresno cabinets! The Granby is a stylish ranch-style home featuring an open-concept kitchen and great room, plus a private flex space off the garage. With three bedrooms, two baths, and a three-bay garage across 1,993 sq. ft., this design offers comfort and versatility. The Meritage Home difference includes spray-foam insulation, advanced air filtration for year-round comfort and healthier air, and durable cementitious siding known for its strength, fire-resistance, and long-lasting performance. Welcome home where every detail is built for comfort, efficiency, and LIFE. BUILT. BETTER. Paint Brush Hills offers a prime location in Falcon/Peyton near Colorado Springs, with easy access to nearby military bases and the U.S. Air Force Academy. Residents enjoy a quiet suburban setting close to parks, schools, shopping, and outdoor recreation—creating a convenient and connected place to call home. This home may qualify for special incentives with Builders Preferred Lender for a limited time. Terms and conditions apply. See sales counselor for details!

10355 Keynes Dr, Peyton

Courtesy of Kerrie Ann Young.

$465,000

3 Beds ⋅ 3 Baths ⋅ 1,997 SqFt. ⋅ ACTIVE Status

Welcome to Paint Brush Hills! Built in 2018, this 3-bedroom, 3-bathroom home offers an open floor plan, 3-car attached garage, owned solar, an unfinished basement ready for future expansion, and mountain views right out your front door. The main level features soaring ceilings, a spacious living room, raw iron stair railings, and an open dining area with French doors leading to the backyard patio. The kitchen includes granite countertops, stainless steel appliances, abundant cabinetry, center island, and a dedicated coffee bar. The laundry room provides direct access to the garage, with a convenient half bath also located on the main level. Upstairs you'll find a versatile loft, two secondary bedrooms with window seats, a full bathroom, and a spacious primary suite with a walk-in closet and five-piece ensuite. The unfinished basement is insulated with egress windows and bathroom rough-ins, giving you a head start on creating additional living space. Owned solar helps keep electric costs very low. The home also features a radon mitigation system and automatic sprinklers in the front yard. Located within walking distance of both the elementary and middle schools and close to the parks, trails, and amenities of Paint Brush Hills and Falcon. If you're looking for a newer home with room to grow, a 3-car garage, and the added benefit of owned solar, this one is worth a look.

10112 Jaggar Way, Peyton

Courtesy of Keller Williams Avenues Realty. 720-484-8600

$499,950

4 Beds ⋅ 3 Baths ⋅ 2,099 SqFt. ⋅ ACTIVE Status

**!!AVAILABLE NOW WITH MOVE-IN PACKAGE!!**BACKYARD LANDSCAPED AND FENCED**Fall in love with this Agate, a ranch-style home designed to elevate everyday living. Designer finishes, open spaces, and exceptional functionality come together in this sought-after floor plan. As soon as you enter the home, there are three generously sized bedrooms and a shared bath that provides comfortable accommodations for family and guests, while the home's expansive gathering spaces are perfect for entertaining. The stunning kitchen takes center stage with a quartz island, stainless steel appliances, and a spacious pantry, flowing effortlessly into the dining area and great room. Completing the home is a private primary suite featuring a large walk-in closet and private bath, creating the perfect retreat to call your own. Enjoy beautiful mountain views that add a breathtaking backdrop to daily living. As an added bonus, this home includes a move-in package with a washer, dryer, refrigerator, and window coverings, making it truly move-in ready from day one. Don't miss your opportunity to make this exceptional home yours!

10190 Keating Dr, Peyton

Courtesy of SH Realty Inc. 303-773-1100

$499,950

4 Beds ⋅ 3 Baths ⋅ 2,198 SqFt. ⋅ ACTIVE Status

**!!AVAILABLE October 2026!!**This Lapis is ready to impress with two stories of thoughtfully designed living spaces and designer finishes throughout. The main floor is ideal for entertaining with its open layout. The great room invites you to relax and flows seamlessly into the dining area that leads you to the patio, and a well-appointed kitchen featuring a quartz center island, walk-in pantry, and stainless-steel appliances. A flex room, powder room, and mudroom just off the garage complete the main floor. Upstairs, you’ll find two secondary bedrooms, shared bath and spacious loft, providing ideal accommodations for family or guests. The primary suite boasts a private bath and a spacious walk-in closet.

10623 Waterloo Dr, Peyton

Courtesy of Richmond Realty Inc. 303-773-1100

$480,000

4 Beds ⋅ 3 Baths ⋅ 2,292 SqFt. ⋅ ACTIVE Status

If country living is calling your name, look no further- this pristine ranch-style property in Paint Brush Hills is ready to welcome you home. Let’s start with one of the biggest perks: no HOA! Plus, there’s dedicated RV parking right alongside the home. You’ll love the spacious driveway, expansive front and back yards, and the privacy that comes with nearly half an acre of land. Inside, pride of ownership shines throughout. The open-concept living and dining areas flow seamlessly into the beautiful kitchen, featuring granite countertops and stainless steel appliances. The main level offers a convenient floor plan with the primary suite and an additional bedroom, while the finished basement is the perfect space for a family room, game room, or man cave, along with two more bedrooms and plenty of room to spread out. Located just minutes from all the exciting new development- including the new King Soopers- you’ll have shopping, dining, and everyday conveniences right at your fingertips. With 4 bedrooms, 3 bathrooms, a 2-car garage, and endless possibilities to make it your own, this home truly checks all the boxes. Friends, you know what this means- don’t let this gem slip away. Schedule your private showing today!

11559 Cranston Dr, Peyton

Courtesy of Real Broker, LLC DBA Real. 720-807-2890

$470,000

4 Beds ⋅ 3 Baths ⋅ 2,050 SqFt. ⋅ ACTIVE Status

Set on a premium .30-acre lot in Falcon’s sought-after Paint Brush Hills, this beautifully maintained home built by: Aspen View Homes a two-story that delivers an elevated living experience with 4 bedrooms, 3 bathrooms, a 3-car garage, fully rear fenced, 2,050 square feet of thoughtfully designed space. A rare greenway setting provides no rear neighbors, sweeping views, and a sense of openness that’s hard to find, while the expanded driveway offers additional parking—perfect for guests. Inside, brand new carpet enhances the fresh, move-in-ready feel, complemented by a well-appointed kitchen with granite countertops, plantation shutters throughout, an inviting living and dining area, a private office w/ French doors, an upstairs loft ideal for work, play, or relaxation. The primary suite is a true retreat with a walk-in closet and spacious 5-piece bath, offering a quiet escape at the end of the day. Step outside to a generous patio and backyard ready for entertaining or creating your own outdoor vision. Located in a vibrant, highly connected community known for neighborhood events, festive holiday spirit, and standout Halloween and seasonal displays, and just minutes from growing Falcon amenities including shopping, dining, and everyday conveniences, this home blends comfort, lifestyle, and community in one exceptional offering.

10024 Jaggar Way, Peyton

Courtesy of Berkshire Hathaway HomeServices Rocky Mountain. (719) 576-6767

$479,950

4 Beds ⋅ 3 Baths ⋅ 2,099 SqFt. ⋅ ACTIVE Status

**!!AVAILABLE LATE SUMMER 2026!!**This Agate is designed to impress with the ease of ranch-style living and designer finishes throughout. Thoughtfully laid out, the main floor offers three secondary bedrooms and two shared baths, providing ideal accommodations for family, guests, or versatile living space. At the heart of the home, a beautiful gourmet kitchen features a large quartz center island, stainless steel appliances, and a spacious pantry. The open dining area flows seamlessly into the expansive great room, creating the perfect space for entertaining or everyday living. Tucked away for privacy, the luxurious primary suite showcases a spacious walk-in closet and a private bath.

10119 Hartwood Dr, Peyton

Courtesy of SH Realty Inc. 303-773-1100

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