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

Townhouse in 80905

List Price
Was $405,000
$385,000
Beds/Baths: 3/3
Garage: 2
Year Built: 2016
Days on Market: 154
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: 43 ▲ This listing: 154
Avg Close Price: $469,291
Avg CPOLP: 97.2%
Median CPOLP: 97.6%
Active Listings: 87
Closed (30 days): 22

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)

175 Mayflower
3 bed / 3 bath · 33 DOM · Closed Jul 01
Listed: $384,999
$376,500
97.8% CPOLP
80 Olympian
3 bed / 3 bath · 116 DOM · Closed Jun 30
Listed: $390,000
$375,000
96.2% CPOLP
1567 Portland Gold
3 bed / 3 bath · 72 DOM · Closed Jul 15
Listed: $429,900
$400,000
93.0% CPOLP
1711 Portland Gold
2 bed / 3 bath · 93 DOM · Closed Jul 14
Listed: $379,000
$350,000
92.3% CPOLP
1125 Mount Werner
6 bed / 2 bath · 25 DOM · Closed Jun 26
Listed: $395,000
$385,000
97.5% 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

1430 Gold Hill Mesa
MLS #: 4540063 More Details →
1430 Gold Hill Mesa, Colorado Springs
Type: Townhouse
Zip: 80905
Beds/Baths: 3/3
Garage: 2
List Price: $384,900
DOM: 6
Taxes: $2,692/yr
Year Built: 2010
Listed By: REMAX PROPERTIES
List Price $384,900
Est. Monthly Cost* $3,035.08
Price Drop — $8,099 off
128 Chestnut
MLS #: 9580250 More Details →
128 Chestnut, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 2/1
Garage: 2
List Price: $397,999 $389,900
DOM: 35
Taxes: $1,040/yr
Year Built: 1909
Listed By: The Cutting Edge
List Price $389,900
Est. Monthly Cost* $2,930.71
712 Walnut
MLS #: 3346792 More Details →
712 Walnut, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 3/1
Garage: 0
List Price: $395,000
DOM: 6
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 — $10,223 off
125 Limit
MLS #: 9448119 More Details →
125 Limit, Colorado Springs
Type: Single Family
Zip: 80905
Beds/Baths: 2/3
Garage: 2
List Price: $409,000 $398,777
DOM: 39
Taxes: $1,440/yr
Year Built: 1898
Listed By: New Era Realty
List Price $398,777
Est. Monthly Cost* $3,023.10
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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