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
111 results · Page 6 of 8
Price Drop — $82,001 off
5169 Fennel
MLS #: 9520542 More Details →
5169 Fennel, Colorado Springs
Type: Single Family
Zip: 80911
Beds/Baths: 4/3
Garage: 2
List Price: $482,000 $399,999
DOM: 121
Taxes: $2,245/yr
Year Built: 2001
Listed By: Real Broker, LLC DBA Real
List Price $399,999
Est. Monthly Cost* $3,103.29
Price Drop — $35,000 off
5272 Sidewinder
MLS #: 6714670 More Details →
5272 Sidewinder, Colorado Springs
Type: Single Family
Zip: 80925
Beds/Baths: 3/2
Garage: 2
List Price: $435,000 $400,000
DOM: 63
Taxes: $630/yr
Year Built: 2024
Listed By: Exp Realty LLC
List Price $400,000
Est. Monthly Cost* $2,963.71
Price Drop — $25,000 off
3802 Tahoe Forest
MLS #: 1284392 More Details →
3802 Tahoe Forest, Colorado Springs
Type: Single Family
Zip: 80925
Beds/Baths: 4/3
Garage: 2
List Price: $425,000 $400,000
DOM: 17
Taxes: $2,996/yr
Year Built: 2011
Listed By: Exp Realty LLC
List Price $400,000
Est. Monthly Cost* $3,160.88
2281 St James
MLS #: 4573799 More Details →
2281 St James, Colorado Springs
Type: Single Family
Zip: 80910
Beds/Baths: 3/4
Garage: 2
List Price: $402,000
DOM: 16
Taxes: $1,532/yr
Year Built: 2007
Listed By: Pink Realty Inc
List Price $402,000
Est. Monthly Cost* $3,125.16
Price Drop — $70,000 off
6843 LILY MOUNTAIN
MLS #: 6950332 More Details →
6843 LILY MOUNTAIN, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2
List Price: $475,000 $405,000
DOM: 121
Taxes: $1,758/yr
Year Built: 2021
Listed By: HomeSmart
List Price $405,000
Est. Monthly Cost* $3,200.98
Price Drop — $15,000 off
7548 Benecia
MLS #: 4118666 More Details →
7548 Benecia, Fountain
Type: Single Family
Zip: 80817
Beds/Baths: 3/3
Garage: 2
List Price: $420,000 $405,000
DOM: 30
Taxes: $3,533/yr
Year Built: 2017
Listed By: Your Castle Real Estate LLC
List Price $405,000
Est. Monthly Cost* $3,292.42
Price Drop — $55,000 off
5535 Peerless Farms
MLS #: 3201516 More Details →
5535 Peerless Farms, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/2
Garage: 2
List Price: $465,000 $410,000
DOM: 122
Taxes: $1,581/yr
Year Built: 1996
Listed By: High Country Realty LLC
List Price $410,000
Est. Monthly Cost* $3,109.47
Price Drop — $10,000 off
7624 Teocalli
MLS #: 8073060 More Details →
7624 Teocalli, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2
List Price: $420,000 $410,000
DOM: 29
Taxes: $2,060/yr
Year Built: 2015
Listed By: REMAX PROPERTIES
List Price $410,000
Est. Monthly Cost* $3,279.38
Price Drop — $5,000 off
1277 Sandstone
MLS #: 3887867 More Details →
1277 Sandstone, Pueblo
Type: Single Family
Zip: 81007
Beds/Baths: 5/3
Garage: 3
List Price: $415,000 $410,000
DOM: 27
Taxes: $3,428/yr
Year Built: 2006
Listed By: Real Broker, LLC DBA Real
List Price $410,000
Est. Monthly Cost* $3,263.38
Price Drop — $30,000 off
2768 Thrush
MLS #: 9652032 More Details →
2768 Thrush, Colorado Springs
Type: Townhouse
Zip: 80920
Beds/Baths: 3/3
Garage: 2
List Price: $450,000 $420,000
DOM: 366
Taxes: $1,797/yr
Year Built: 2005
Listed By: Exp Realty LLC
List Price $420,000
Est. Monthly Cost* $3,611.49
5155 Quill
MLS #: 3416211 More Details →
5155 Quill, Colorado Springs
Type: Single Family
Zip: 80911
Beds/Baths: 5/3
Garage: 2
List Price: $440,000
DOM: 93
Taxes: $1,522/yr
Year Built: 1992
Listed By: Redfin Corporation
List Price $440,000
Est. Monthly Cost* $3,304.13
Price Drop — $45,000 off
7504 Bonterra
MLS #: 7208357 More Details →
7504 Bonterra, Colorado Springs
Type: Single Family
Zip: 80925
Beds/Baths: 3/4
Garage: 3
List Price: $490,000 $445,000
DOM: 59
Taxes: $4,482/yr
Year Built: 2015
Listed By: RE/MAX Real Estate Group LLC
List Price $445,000
Est. Monthly Cost* $3,595.73
Price Drop — $79,000 off
5266 Sidewinder
MLS #: 8513269 More Details →
5266 Sidewinder, Colorado Springs
Type: Single Family
Zip: 80925
Beds/Baths: 3/3
Garage: 2
List Price: $525,000 $446,000
DOM: 129
Taxes: $5,231/yr
Year Built: 2024
Listed By: Pink Realty Inc
List Price $446,000
Est. Monthly Cost* $3,653.18
Price Drop — $50,000 off
2855 Villa Loma
MLS #: 3296982 More Details →
2855 Villa Loma, Colorado Springs
Type: Single Family
Zip: 80917
Beds/Baths: 4/3
Garage: 2
List Price: $509,900 $459,900
DOM: 85
Taxes: $1,392/yr
Year Built: 1975
Listed By: Harmony Real Estate Group, Inc
List Price $459,900
Est. Monthly Cost* $3,425.73
Price Drop — $38,000 off
6752 Ventana
MLS #: 6949005 More Details →
6752 Ventana, Fountain
Type: Single Family
Zip: 80817
Beds/Baths: 5/4
Garage: 2
List Price: $498,000 $460,000
DOM: 101
Taxes: $2,679/yr
Year Built: 2007
Listed By: Pink Realty Inc
List Price $460,000
Est. Monthly Cost* $3,533.65
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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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