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Cascade-Chipita Park Multifamily Home for Sale

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    $825,000

    • 4 Beds
    • 2 Baths
    • 3,175 Sq Ft

    4840 Pikes Peak Hwy, Cascade, CO 80809

    Discover this turnkey short-term rental duplex nestled in the heart of scenic Cascade, just minutes from Pikes Peak, Santa’s Workshop at the North Pole, and popular hiking trails! Both units are currently operating as high-performing vacation rentals with proven income history, perfect for investors looking for immediate cash flow.Live in one unit and rent the other to offset or eliminate

    Max Ferguson Solid Rock Realty

    4840 Pikes Peak Hwy, Cascade, CO 80809

Why Live in Cascade-Chipita Park

Cascade-Chipita Park is a mountain community known for its cabin-style homes, ranging from small to large, nestled in a hilly landscape. The area is a haven for outdoor enthusiasts, with residents frequently engaging in hiking, fishing, and mountain biking. The neighborhood is popular for second homes, with properties spread out on average lot sizes of about 23,086 square feet, providing privacy amidst lush greenery dominated by aspen and pine trees. While sidewalks are scarce, the natural surroundings offer ample opportunity for outdoor activities. The community is served by the Manitou Springs School District, with Manitou Springs High School noted for its above-average SAT scores. Local points of interest include the picturesque hiking trails of Pike’s Peak and the Crowe Gulch Picnic Area, located 3 miles up Pikes Peak Highway. Eagle Lake Camp provides day and overnight camping for kids. Dining options include Wines of Colorado, offering scenic views, and Fern’s Diner & Drinkery, known for its vegan and gluten-free menu. The North Pole – Santa’s Workshop amusement park adds a unique attraction to the area. While shopping requires a 15-minute drive to Colorado Springs, the neighborhood is connected by Highway 24 and the Green Mountain Falls Bus Stop, facilitating travel to nearby cities.

Home Trends in Cascade-Chipita Park, CO

Housing Trends

Median Sale Price
$500,000
Median Single Family Sale Price
$599,000
Average Price Per Sq Ft
$405
Number of Homes for Sale
18
Last 12 months Home Sales
39
Months of Supply
5.50
Median List Price
$599,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-16%
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