Homestead Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Homestead and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Homestead Homes under $500,000

$468,500

3 Beds ⋅ 3 Baths ⋅ 2,469 SqFt. ⋅ ACTIVE Status

Discover this beautifully updated and meticulously maintained Colorado Springs home in the Homestead neighborhood, featuring Pikes Peak and mountain views, expansive outdoor living spaces, and versatile bonus rooms! This inviting property combines modern upgrades, comfortable gathering spaces, abundant natural light, and a convenient location near schools and Peterson Space Force Base. Step inside to a welcoming living room featuring a large bay window that fills the space with natural light and flows seamlessly into the dining area and updated kitchen. The kitchen boasts granite countertops and a spacious island, perfect for meal preparation and entertaining. Sliding doors lead to an expansive deck with a gazebo, offering plenty of space for grilling, outdoor dining, and relaxing while taking in beautiful Pikes Peak and mountain views. The large, landscaped backyard provides even more room to enjoy Colorado's outdoor lifestyle. Downstairs, a spacious family room with a cozy fireplace creates an inviting setting for movie nights or relaxing evenings. An impressive bonus room features a hot tub, vaulted ceiling, and skylights, creating a unique retreat for unwinding and stargazing. A generously sized laundry area doubles as another flexible bonus space, ideal for hobbies, crafts, workouts, or creative projects. Additional basement storage space and an outdoor storage shed provide convenient solutions for organizing seasonal items, tools, and outdoor essentials. Major improvements include an updated kitchen (2020), new carpet (2026), new roof (2026), updated bathrooms, and fresh paint. Meticulously cared for and thoughtfully updated, this Homestead neighborhood home offers flexible living spaces, beautiful outdoor areas, breathtaking mountain views, and convenient location. Schedule your showing today!

5290 Sodbuster Trl, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$405,900

4 Beds ⋅ 3 Baths ⋅ 1,771 SqFt. ⋅ ACTIVE Status

ASSUMABLE LOAN OPTION 2.7%. PREFERRED LENDER INCENTIVE AVAILABLE. Welcome Home to this beautiful ranch home that features: 4 bedrooms (2 up / 2 down), 3 bathrooms, 2 car garage, a full basement, a great backyard and incredible Pikes Peak Mountain Views! Within this 4 bedroom home, you will find that 2 bedrooms are ensuite, a perfect retreat for homeowners and guests alike! Primary bedroom features attached sitting area and so much closet space! With an open layout the upstairs has living room with designer accent wall, a separate dining area, a beautiful kitchen with fashionable navy-colored cabinets, stainless steel appliances, side by side refrigerator, and formica counters that look like high-end stone! Walk-out from the kitchen to the extended deck for fresh air and incredible views! (Imagine dining al fresco at sunset)! The basement holds a warm and cozy vibe where you’ll want to cuddle by the fireplace on the cold Colorado evenings! With 2 more bedrooms, 1 is so wide that it could even be an office, craft room, or huge playroom!). Laundry in basement. Love to entertain? Then check out the extended deck with sliding board exit, amazing views of Pikes Peak, large yard, raised garden beds, storage shed, and so much more! Bring the firepit and make some s’mores in the privacy of your own space! Lots of upgrades to include: Solar panels for energy efficiency (leased), Custom accent walls, vertical wainscoting, New flooring throughout, Newer water heater, Newer furnace, Newer roof, New AC, Vivint doorbell camera & wired alarm system, beautiful garden beds & shed, an oversized deck with attached sliding board! This gem even includes a 2 car garage with built-in shelving. Situated in the heart of Colorado Springs, with incredible mountain views and easy access to Powers corridor!

4180 Iron Horse Trl, Colorado Springs

Courtesy of Coldwell Banker Realty. 719-550-2500

$450,000

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

Welcome! As you walk through this 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 additions have been made to include Deck off Dining area, Gas Line to Outside BBQ, Central Air, Electric Outlet for Hot Tub, Additional Front and Rear Outside Electrical Outlets, Sunroom Blinds, Ceiling Fans in Bedroom and in the Sunroom. Upstairs, the chute to the laundry makes that day more pleasant. The list goes on. This is a home you will truly enjoy. Located between N Academy Blvd and the Powers Blvd corridor, offering convenient and quick access to shopping, fine dining, entertainment, Peterson Space Force Base, Schriever Space Force Base, and FT Carson

5374 Smokehouse Ln, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$382,500

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 UNDER CONTRACT 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 Ranger. 719-577-4300

$370,000

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

Perfect PCS location! Easy, fast commute to Peterson SFB, Schriever SFB, and Fort Carson! 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, and apart of the D-11 School District, 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

Start Your Search

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

Homestead Homes under $500,000

Newest Homestead Homes under $500,000

How much is your home worth?

How much is your home worth?