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Prospect Lake Homes for Sale

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Prospect Lake is a community within the downtown Colorado Springs area. The lake itself is located inside Memorial Park and is a popular place to recreate any time of year. Around Prospect Lake is a 2.2 mile lightly trafficked loop trail which is good for all skill levels. The trail is primarily used for hiking, walking, and trail running and is accessible year-round. Dogs are also able to use this trail. No swimming or wading is allowed, except in the designated beach area. No ice-related activities are permitted on the lake and watercraft use is by permit only.

Prospect Lake Beach is a facility that is run by the Pikes Peak YMCA. The sandy beach is a great place to bring your friends and family and plan to spend a day at the beach. Individuals, families and groups will enjoy the historic beach house, open water swim area and beautiful gathering place for family picnics. Amenities include picnic tables, volleyball, concessions and locker rooms. The Eni Jaspersen Beach House at Prospect Lake is undergoing a $1 million renovation during the summer of 2019.

Homes for sale in Prospect Lake are older quaint bungalows on tree lined street. Homes for sale in this community average 3 bedrooms, 2 bathrooms and 1,600 square feet. The median home price in homes nearby the lake is $200,000. Homes in this area were built from 1913 to 2013 with the average home built in 1956. Knob Hill, Hastings, East Hills, downtown Colorado Springs, Patty Jewett, Shooks Run, and the Old North End are also popular neighborhoods in the downtown area. There is an occasional project of new construction in this area and townhomes and condos are pretty rare in this area.

Convenience is key to living in the downtown Colorado Springs area, and many people love being a comfortable walk away from their favorite downtown restaurant or to activities at the vibrant Colorado College.

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Home For Sale

1124 Rio Grande Street Colorado Springs Colorado 80910

***NEW ROOF AND GUTTERS INSTALLED ON 2/5/23***You don't want to miss this property with TWO detached homes on the same lot! There is so much you could do here: two rental, live in one and rent the other, multi-family, multi-generational, short term rental, (buyer will be responsible for confirming with city/county STR eligibility) tons of possibilities.
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    Downtown Colorado Springs  Facts

    Where is Downtown?

    Downtown Colorado Springs is located at the city center along the I25 corridor. This area is full of people looking for a more urban environment. Downtown Colorado Springs restaurants and hotels are plentiful, and there is a healthy downtown nightlife on Tejon Street. Homes in this area range from downtown lofts to historic bungalows to turn of the century estates.

    Schools in Downtown

    Students in Downtown Colorado Springs attend the D11 Colorado Springs School District. This is a large school district with 33 elementary schools, 9 middle schools, and 4 high schools. Additionally, there are several charter, alternative and online schooling options. D11 School District has excellent sports programs as well as the International Baccalaureate Program (IB).

    Weather in Downtown

    The weather in downtown Colorado Springs tends to be a little milder than in other parts of the Colorado Springs area. Average highs in the winter are in the lower 40's with average lows dropping down to 18-20 degrees. Summertime temperatures average 80-85 degrees with the lows in the 50s. The downtown area of Colorado Springs gets significantly less snowfall than the Monument and Black Forest areas.




    Lot Size
    0.16 acres
    0.33 acres
    2020 Median Sales Price
    2020 Average Sales Price
    2020 Days on Market
    5 days
    8 days
    2020 Price Per Sq Ft
    $202 per sq ft
    $152 per sq ft

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