Short Sale Homes in Colorado Springs

Active short sale listings in the elevateMLS region

What Is a Short Sale?

A short sale happens when a homeowner sells their property for less than what they owe on the mortgage, with the lender's approval. The lender agrees to accept the reduced payoff rather than go through the foreclosure process. For buyers, short sales can offer below-market pricing — but they require patience. The lender must approve every offer, which can add weeks or months to the closing timeline.

Potential Upside
Below-market pricing, negotiable terms, seller-occupied (usually better condition than foreclosures)
Key Considerations
Longer closing timeline (60–120+ days), lender approval required, property sold as-is in many cases
94 results · Page 1 of 7
Price Drop — $21,999 off
935 Saturn
MLS #: 8597354 More Details →
935 Saturn, Colorado Springs
Type: Condo
Zip: 80905
Beds/Baths: 1/1
Garage: 1
List Price: $94,999 $73,000
DOM: 70
Taxes: $446/yr
Year Built: 1975
Listed By: Real Broker, LLC DBA Real
List Price $73,000
Est. Monthly Cost* $772.84
Price Drop — $16,000 off
935 Saturn
MLS #: 5782707 More Details →
935 Saturn, Colorado Springs
Type: Condo
Zip: 80905
Beds/Baths: 1/1
Garage: 1
List Price: $115,000 $99,000
DOM: 188
Taxes: $387/yr
Year Built: 1975
Listed By: RE/MAX Real Estate Group LLC
List Price $99,000
Est. Monthly Cost* $940.87
Price Drop — $75,000 off
935 Saturn
MLS #: 6196847 More Details →
935 Saturn, Colorado Springs
Type: Condo
Zip: 80905
Beds/Baths: 2/2
Garage: 1
List Price: $195,000 $120,000
DOM: 200
Taxes: $525/yr
Year Built: 1975
Listed By: Berkshire Hathaway HomeServices Rocky Mountain
List Price $120,000
Est. Monthly Cost* $1,092.10
Price Drop — $70,000 off
205 Cottonwood
MLS #: 6264067 More Details →
205 Cottonwood, Pueblo
Type: Single Family
Zip: 81004
Beds/Baths: 4/2
Garage: 0
List Price: $195,000 $125,000
DOM: 70
Taxes: $560/yr
Year Built: 1900
Listed By: Exp Realty LLC
List Price $125,000
Est. Monthly Cost* $1,128.26
Price Drop — $10,500 off
1523 Claremont
MLS #: 5638612 More Details →
1523 Claremont, Pueblo
Type: Single Family
Zip: 81004
Beds/Baths: 2/1
Garage: 1
List Price: $160,000 $149,500
DOM: 92
Taxes: $1,177/yr
Year Built: 1922
Listed By: Springs Lifestyles Real Estate Inc.
List Price $149,500
Est. Monthly Cost* $1,342.73
Price Drop — $15,000 off
4275 Carefree
MLS #: 1688030 More Details →
4275 Carefree, Colorado Springs
Type: Condo
Zip: 80917
Beds/Baths: 2/1
Garage: 2
List Price: $165,000 $150,000
DOM: 52
Taxes: $527/yr
Year Built: 1972
Listed By: Mercie Real Estate
List Price $150,000
Est. Monthly Cost* $1,476.56
Price Drop — $35,000 off
4533 Carefree
MLS #: 6037964 More Details →
4533 Carefree, Colorado Springs
Type: Condo
Zip: 80917
Beds/Baths: 2/1
Garage: 2
List Price: $185,000 $150,000
DOM: 47
Taxes: $561/yr
Year Built: 1972
Listed By: Key Realty
List Price $150,000
Est. Monthly Cost* $1,479.42
3001 Fountain
MLS #: 9797344 More Details →
3001 Fountain, Colorado Springs
Type: Condo
Zip: 80910
Beds/Baths: 3/2
Garage: 1
List Price: $150,000
DOM: 31
Taxes: $687/yr
Year Built: 1966
Listed By: The Cutting Edge
List Price $150,000
Est. Monthly Cost* $1,305.21
Price Drop — $78,500 off
2402 17th
MLS #: 9137262 More Details →
2402 17th, Pueblo
Type: Single Family
Zip: 81003
Beds/Baths: 2/1
Garage: 2
List Price: $235,000 $156,500
DOM: 264
Taxes: $1,185/yr
Year Built: 1965
Listed By: Pink Realty Inc
List Price $156,500
Est. Monthly Cost* $1,389.95
Price Drop — $20,000 off
2002 Legacy Ridge
MLS #: 9168318 More Details →
2002 Legacy Ridge, Colorado Springs
Type: Condo
Zip: 80910
Beds/Baths: 2/1
Garage: 1
List Price: $180,000 $160,000
DOM: 91
Taxes: $604/yr
Year Built: 2001
Listed By: Exp Realty LLC
List Price $160,000
Est. Monthly Cost* $1,702.84
Price Drop — $40,000 off
413 Mitchell
MLS #: 9566577 More Details →
413 Mitchell, Ordway
Type: Single Family
Zip: 81063
Beds/Baths: 3/2
Garage: 2
List Price: $200,000 $160,000
DOM: 123
Taxes: $731/yr
Year Built: 2006
Listed By: Keller Williams Clients Choice Realty
List Price $160,000
Est. Monthly Cost* $1,375.40
Price Drop — $55,000 off
2611 Emilia
MLS #: 4735835 More Details →
2611 Emilia, Pueblo
Type: Single Family
Zip: 81005
Beds/Baths: 4/1
Garage: 2
List Price: $240,000 $185,000
DOM: 104
Taxes: $1,505/yr
Year Built: 1953
Listed By: Exp Realty LLC
List Price $185,000
Est. Monthly Cost* $1,606.23
Price Drop — $40,000 off
1145 Euclid
MLS #: 8802318 More Details →
1145 Euclid, Pueblo
Type: Single Family
Zip: 81004
Beds/Baths: 2/1
Garage: 0
List Price: $239,000 $199,000
DOM: 151
Taxes: $850/yr
Year Built: 1945
Listed By: Epique Realty
List Price $199,000
Est. Monthly Cost* $1,644.81
Price Drop — $50,000 off
2010 Routt
MLS #: 3833573 More Details →
2010 Routt, Pueblo
Type: Single Family
Zip: 81004
Beds/Baths: 4/2
Garage: 2
List Price: $250,000 $200,000
DOM: 175
Taxes: $1,683/yr
Year Built: 1930
Listed By: The Cutting Edge
List Price $200,000
Est. Monthly Cost* $1,720.82
Price Drop — $10,000 off
419 Buffalo
MLS #: 2026968 More Details →
419 Buffalo, Simla
Type: Single Family
Zip: 80835
Beds/Baths: 1/1
Garage: 2
List Price: $230,000 $220,000
DOM: 28
Taxes: $664/yr
Year Built: 1930
Listed By: Keller Williams Partners
List Price $220,000
Est. Monthly Cost* $1,769.02
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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. Short sale status is based on the Notices field in the MLS data. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend. Distressed property purchases carry additional risks — consult your agent and lender before making an offer.

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