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
95 results · Page 7 of 7
6358 Levity
MLS #: 2181326 More Details →
6358 Levity, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 3/3
Garage: 2
List Price: $490,000
DOM: 190
Taxes: $2,987/yr
Year Built: 2023
Listed By: Real Broker, LLC DBA Real
List Price $490,000
Est. Monthly Cost* $3,947.86
Price Drop — $8,000 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 $490,000
DOM: 30
Taxes: $2,679/yr
Year Built: 2007
Listed By: Pink Realty Inc
List Price $490,000
Est. Monthly Cost* $3,733.24
Price Drop — $30,000 off
1487 Arrowwood
MLS #: 1527694 More Details →
1487 Arrowwood, Pueblo West
Type: Single Family
Zip: 81007
Beds/Baths: 5/4
Garage: 2
List Price: $530,000 $500,000
DOM: 91
Taxes: $3,135/yr
Year Built: 2020
Listed By: Keller Williams Clients Choice Realty
List Price $500,000
Est. Monthly Cost* $3,837.76
Price Drop — $15,000 off
2797 Equine
MLS #: 3250614 More Details →
2797 Equine, Colorado Springs
Type: Single Family
Zip: 80922
Beds/Baths: 4/3
Garage: 2
List Price: $524,999 $509,999
DOM: 72
Taxes: $2,346/yr
Year Built: 2022
Listed By: Exp Realty LLC
List Price $509,999
Est. Monthly Cost* $3,887.87
9962 Hidden Ranch
MLS #: 5276940 More Details →
9962 Hidden Ranch, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2
List Price: $519,999
DOM: 4
Taxes: $3,902/yr
Year Built: 2022
Listed By: Exp Realty LLC
List Price $519,999
Est. Monthly Cost* $4,103.39
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Interested in a short sale?

Short sales require an experienced agent who understands lender negotiations and timeline expectations. Rob Thompson has helped buyers navigate distressed properties across the Pikes Peak region.

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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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