$699,000

517 Canon Ave Manitou Springs, CO 80829

Estimated payment $4,018/month

Total Views 6,605
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Baseboard Heating
  • Wood Siding

About This Home

Peace, Love & Profit in the Heart of Manitou Springs!

Invest in a vibe AND a valuable asset. Welcome to Peace, Love, and Profit—a rare opportunity to own three fun and funky updated cottages in the iconic and artsy town of Manitou Springs. Whether you're looking to build wealth, create community, or simply live the Colorado dream, this property checks every box with charm, cash flow, and character.

Each of the three cottages has been remodeled with modern updates, while preserving the eclectic soul that makes Manitou Springs magical. From new paint and fixtures to updated kitchens and baths, these cottages are turnkey and tenant-ready.

Features You'll Love:

Three Separate, Updated Units

Proven Rental History with strong income

6 space Parking Lot—a true UNICORN in Manitou!

Cozy layouts with loads of natural light and yards

Washer/Dryer storage room

Minutes from downtown Colorado Springs, An hour to Denver, an easy drive to Breckenridge, and of course- trails, restaurants & the incline!!!

Live in one, rent the other two... lease all three... or transform them into your next investment opportunity! The flexibility is just as dreamy as the setting.

Set against the backdrop of Pike’s Peak and nestled in the heart of one of Colorado’s most beloved towns, this is not just real estate—it’s a lifestyle portfolio. Don’t miss your chance to own a slice of peace, a whole lot of love, and a reliable stream of profit.

Listing Agent

Karen Schaefer

RE/MAX Properties Inc. Brokerage Phone: 719-570-9000 Listed on: 06/05/2025

RE/MAX Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1899

Lot Details

  • 7,484 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Laundry

  • Dryer
  • Washer

Additional Homes

  • Additional Residence on Property

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating
  • 220 Volts in Kitchen

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,797

Year Built

Built in 1899

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: House W/Cottage
  • Prop. Type: Income
  • Year Built: 1899
  • Attribution Contact: 719-570-9000
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dryer, Range, Refrigerator, Washer

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Slab
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Frame

Utilities

  • Cooling: See Prop Desc Remarks
  • Heating: Baseboard, Electric, Natural Gas, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Schools

  • School District: Manitou Springs-14
  • School District: Manitou Springs-14

Lot Info

  • Program Acres Total: 0.1718
  • Lot Size: 7483.0000

Tax Info

  • Flip Tax Amount: 1796.90
  • Tax Year: 2024

Multi Family

  • Unit Count: 3

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,797 $21,770 -- --
2024 $1,628 $28,240 $2,650 $25,590
2022 $1,294 $17,510 $2,500 $15,010
2021 $1,349 $18,010 $2,570 $15,440
2020 $1,182 $15,030 $2,150 $12,880
2019 $1,255 $15,030 $2,150 $12,880
2018 $879 $9,990 $1,660 $8,330
2017 $777 $9,990 $1,660 $8,330
2016 $715 $9,190 $1,110 $8,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $699,000 -6.8% $1,331 / Sq Ft
06/05/2025 06/05/25 For Sale $750,000 -- $1,429 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $405,000 Empire Title Co Springs Llc
Personal Reps Deed $280,000 North American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $303,750 New Conventional
Previous Owner $180,000 New Conventional
Source: Public Records

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Source: Pikes Peak REALTOR® Services

MLS Number: 1733127

Pikes Peak REALTOR® Services

APN: 74052-12-041