Price Drop — $20,000 off (4.9%)
478 Gray Horse Alley
MLS #: 3697581
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478 Gray Horse Alley, Colorado Springs

Townhouse in 80905

List Price
Was $405,000
$385,000
Beds/Baths: 3/3
Garage: 2.0
Year Built: 2016
Days on Market: 180
Taxes: $2,395/yr
Insurance: $3,000/yr est.
Listed By: Coldwell Banker Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $2,561.41
Property Taxes $199.60
Insurance Get Quote → $250.00
Total Est. Monthly* $3,011.01
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80905 (Ivywild & Stratton Meadows)

Avg Days on Market: 80 ▲ This listing: 180
Avg Close Price: $404,101
Avg CPOLP: 93.7%
Median CPOLP: 96.9%
Active Listings: 85
Closed (30 days): 24

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80905 over the last 30 days.

County Assessor Data

Assessor Market Value: $381,303
Last Sale Price: $377,000
Last Sale Date: Jul 28, 2021
Lot Size: 0.04 acres
Finished SqFt: 1,484

Source: El Paso County Assessor. Parcel 7414435010. Assessor values may differ from market value.

Hail Risk — 80905

Moderate
Events (5 years): 9
Largest Stone: 2.0"
Avg Stone Size: 1.22"
Most Recent: Jul 06, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$399,950 Listed Jul 01
$385,000 ▼ -$14,950 / -3.7% Jul 11

Recent Comparable Sales (30 Days)

1430 Gold Hill Mesa Drive
3 bed / 3 bath · 29 DOM · Closed Sep 09
Listed: $384,900
$369,900
96.1% CPOLP
308 Laclede Avenue
3 bed / 2 bath · 37 DOM · Closed Aug 28
Listed: $390,000
$382,000
97.9% CPOLP
1527 Portland Gold Drive
3 bed / 3 bath · 3 DOM · Closed Aug 28
Listed: $450,000
$440,000
97.8% CPOLP
10 Wolfe Avenue
1 bed / 2 bath · 40 DOM · Closed Aug 27
Listed: $435,000
$350,000
80.5% CPOLP
2121 Corona Avenue
3 bed / 2 bath · 54 DOM · Closed Aug 24
Listed: $332,000
$325,000
97.9% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80905

Price Drop — $8,099 off
128 Chestnut Street
MLS #: 9580250 More Details →
128 Chestnut Street, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 2/1
Garage: 2.0
List Price: $397,999 $389,900
DOM: 79
Taxes: $1,040/yr
Year Built: 1909
Listed By: The Cutting Edge
List Price $389,900
Est. Monthly Cost* $2,930.71
712 Walnut Street
MLS #: 3346792 More Details →
712 Walnut Street, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 3/1
Garage: 0
List Price: $395,000
DOM: 54
Taxes: $1,203/yr
Year Built: 1898
Listed By: Cornerstone Real Estate Team
List Price $395,000
Est. Monthly Cost* $2,978.19
Price Drop — $13,223 off
125 Limit Street
MLS #: 9448119 More Details →
125 Limit Street, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 2/3
Garage: 2.0
List Price: $409,000 $395,777
DOM: 86
Taxes: $1,440/yr
Year Built: 1898
Listed By: New Era Realty
List Price $395,777
Est. Monthly Cost* $3,003.14
Price Drop — $21,000 off
218 Olympian Drive
MLS #: 2034672 More Details →
218 Olympian Drive, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 2/3
Garage: 1.0
List Price: $419,888 $398,888
DOM: 87
Taxes: $48/yr
Year Built: 2025
Listed By: All American Homes, Inc.
List Price $398,888
Est. Monthly Cost* $2,907.84
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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