4840 Pikes Peak Hwy Unit 2 Cascade, CO 80809
Cascade-Chipita Park NeighborhoodEstimated payment $4,445/month
Highlights
- No HOA
- Patio
- Under Construction
- Balcony
- Forced Air Heating System
About This Home
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 your mortgage, or continue using both sides as lucrative Airbnb properties. Situated on a sprawling 3.5-acre lot, this unique property boasts 4 expansive decks, multiple outdoor patios, and endless mountain charm. Don’t miss this rare opportunity to own a top notch property in one of Colorado’s most sought-after tourist destinations. This one won’t last!
Listing Agent
Solid Rock Realty Brokerage Email: max@mfhomegroup.com,719-640-1980 License #100092916 Listed on: 11/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,792
Year Built
- Built in 1984 | Under Construction
Home Design
- Duplex
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 3,175 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 9 Bedrooms
- 2 Bathrooms
Parking
- 6 Parking Spaces
- Gravel Driveway
Outdoor Features
- Balcony
- Patio
Schools
- Manitou Springs Elementary And Middle School
- Manitou Springs High School
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Cascade Subdivision
Listing and Financial Details
- Exclusions: Tenant/Guest Personal Property
- Assessor Parcel Number 83224-00-011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,792 | $54,280 | -- | -- |
| 2024 | $2,615 | $42,780 | $8,060 | $34,720 |
| 2023 | $2,615 | $42,780 | $8,060 | $34,720 |
| 2022 | $2,080 | $29,340 | $6,550 | $22,790 |
| 2021 | $2,219 | $30,850 | $6,890 | $23,960 |
| 2020 | $2,009 | $26,590 | $5,780 | $20,810 |
| 2019 | $2,120 | $26,590 | $5,780 | $20,810 |
| 2018 | $1,913 | $22,560 | $5,290 | $17,270 |
| 2017 | $1,684 | $22,560 | $5,290 | $17,270 |
| 2016 | $1,631 | $22,000 | $5,850 | $16,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $799,000 | -- | $252 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | New Title Company Name | |
| Warranty Deed | $355,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $250,000 | Title America | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $562,500 | New Conventional | |
| Previous Owner | $248,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $208,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $237,500 | Purchase Money Mortgage |
Source: REcolorado®
MLS Number: 9723298
APN: 83224-00-011
- 4840 Pikes Peak Hwy
- 0 Colorado 24
- 4665 Fox Rd
- 8025 Topeka Ave
- 7930 Topeka Ave
- 5330 Chipita Pines Dr
- 4440 Heizer St
- 4415 Heizer St
- 5580 Moosa Rd
- 9025 Picabo Rd
- 0 Ute Rd
- 5975 Wellington Rd
- 9297 Chipita Park Rd
- 9355 Shoshone Rd
- 5860 Paona Rd
- 9445 Mohawk Trail
- 0 Mountain Rd Unit REC9940937
- 0 Mountain Rd Unit 8603063
- 9610 Mohawk Trail
- 9845 Mesa Rd
- 9415 Ute Rd Unit ID1065701P
- 11 Lucerne Trail Unit Upper
- 812 Prospect Place
- 9 Elk Path
- 9 1/2 Elk Path
- 460 El Paso Blvd Unit 1
- 460 El Paso Blvd Unit 3
- 111 Crystal Park Rd
- 111 Crystal Park Rd Unit 2
- 111 Crystal Park Rd Unit 1
- 51 Dakota Ln Unit ID1328983P
- 4510 Spring Canyon Heights
- 5755 Villa Lorenzo Dr
- 6925 Peyote Way
- 5621 Silverstone Terrace
- 1816 Montura View Unit 203
- 5225 Zachary Grove
- 7230 Native Cir
- 1629 Maitland Ct
- 1189 Panorama Dr