1223 W Pikes Peak AVE Colorado Springs, CO 80904

Charming turn-of-the-century home in Old Colorado City, complete with a modern 1-bed, 1-bath cottage perfect for multigenerational living, short- or long-term rental income, or a flexible combination of both. Just blocks from vibrant restaurants, eclectic shops, and local galleries—and only a 5-minute drive to downtown—this unique residence offers the ideal blend of historic character and modern living.
The front house features 3 beds, 2 baths, soaring 9' ceilings on the main level, and a layout that balances functionality with undeniable character. Beautiful wood flooring guides you from the cozy living room into the open dining area and kitchen, and continues into a bonus main-level office with a separate exterior entrance—ideal for remote work, potential guest space, or a 4th bedroom. French doors off the kitchen open to a large composite deck (updated in 2020) that overlooks a lush backyard retreat complete with peach, cherry, apple, and plum trees, garden beds, and a storage shed.
Recent updates include a new roof, newer carpet throughout the front home, updated vinyl windows on the main level, and kitchen appliances replaced in 2023 (microwave, fridge, and dishwasher). A partial basement and generous closet space provide plenty of storage. Out front, a welcoming covered porch with composite decking invites you to enjoy the peaceful charm of the neighborhood, while a fully fenced yard and electronically controlled rear gate offer privacy and secure off-street parking from the alley.
The 448sqft cottage with loft, built in 2022, has its own address—1235 W. Pikes Peak Avenue—and separate utilities, making it a true stand-alone unit. Featuring a tankless water heater, mini-split heating and cooling, electric hook-ups for a stove & washer/dryer, exterior EV charging outlet, and modern finishes throughout, this space is perfect as a rental, guest house, or extended family suite.