$175,000
4822 Live Oak Dr, Colorado Springs, CO 80916
Affordable 2-Bed Townhome with Private Enclosed Patio
2 Bed · 1.5 Bath · 1,012 Sq Ft
Low-maintenance two-story townhome — cozy fireplace and enclosed patio.
2
Beds
1.5
Baths
1,012
Sq Ft
1987
Built
0.010 acres (approx)
Lot
1 assigned parking space (verify if garage or covered)
Garage
About 4822 Live Oak Dr
This welcoming two-story townhome at 4822 Live Oak Dr delivers straightforward, low-maintenance living in an established Colorado Springs community. The main level centers on a living area anchored by a cozy fireplace and flows into an eat-in kitchen with included appliances (refrigerator, oven, microwave, dishwasher). A practical half-bath on the main floor keeps the footprint efficient for everyday life and guests.
Upstairs you'll find two comfortable bedrooms and a full bathroom, offering privacy from the social spaces below. The unit’s standout exterior amenity is the enclosed back patio — a usable outdoor room that makes year-round dining, container gardening, or a private spot to relax simple and secure. Window treatments are in place and the layout provides purposeful separation between living and sleeping areas.
The home sits on a compact lot that prioritizes convenience over yard work, and the community layout keeps errands and shopping within a short drive. MLS indicates one assigned parking space and concrete parking features; confirm whether that is an attached single-car garage or covered/assigned space. With appliances included and a manageable 1,012 square feet, this townhome is well-suited for first-time buyers, downsizers, or investors seeking a competitively priced rental asset.
Priced at $175,000, the property offers an attractive entry into Colorado Springs homeownership with immediate, practical amenities and scope for cosmetic personalization to boost value. Contact listing agent Tiffany Lachnidt at 719-232-1564 for showings and to request the seller’s packet (including parking clarification and any association documents).
Home Highlights
Property Features
Interior Features
- 2 bedrooms, 1 full bath and 1 half-bath
- 1,012 finished sq. ft.
- Cozy living room fireplace
- Appliances included: refrigerator, oven, microwave, dishwasher, washer & dryer
- Window treatments installed
Exterior & Lot
- Enclosed back patio — usable year-round
- Small, low-maintenance private lot (approx 435 sqft)
- Concrete parking area; 1 assigned parking space
- Two-story townhouse construction (1987)
Location & Neighborhood
- Established residential community in 80916
- Convenient drive to neighborhood shopping and dining
- Close access to parks and regional roadways
- Quiet street setting with community feel
Walkability & Recreation
- Walkability Rating: 48/100
- Nearby parks and local trails within a few minutes' drive
- Community suitable for easy errands on foot within the neighborhood cluster
Neighborhood & Location
This property is in an established townhouse pocket of northern Colorado Springs (80916). The neighborhood mixes similar townhouse developments and single-family homes, offering a quiet residential feel with convenient access to retail corridors, parks, and main thoroughfares. Typical residents include young professionals, military families, and retirees seeking smaller yards and easier upkeep.
Market Insights
Colorado Springs remains an active but calibrated market in early 2026. Entry-level townhomes and condos are in steady demand from first-time buyers, military families, and local renters. Median single-family prices in the broader area are higher than this townhome’s price point, which places 4822 Live Oak Dr squarely in the affordable segment. Inventory has been lean compared with long-term norms, producing relatively brisk showings for well-priced, move-in-ready properties. For investors, cap rates for small 2BR townhomes in similar neighborhoods generally support purchase at or slightly below list when light updates are planned. For owner-occupants, the low-maintenance lot and private patio are high-value lifestyle trades compared with single-family yard upkeep in the area.
Nearby Schools
School assignment: verify with district
Elementary|Middle|High · Assigned schools within 1-5 miles depending on boundary
School District (likely): Colorado Springs School District 11 or Academy District 20
District · N/A
Walkability & Recreation
Short drives to parks and local trails; enclosed patio provides private outdoor space without the need for yard work.
Investment Highlights
- Affordable entry-priced townhome at $175,000 (list price anchor)
- Low-maintenance private enclosed back patio ideal for outdoor living year-round
- Functional 2-bedroom, 1.5-bath two-story layout (1,012 sqft)
- Strong tenant demand for affordable townhomes in Colorado Springs — investor-friendly
- Appliances included; move-in ready pending cosmetic preferences
Key Findings
- Built in 1987, 1,012 total sqft per MLS feed
- 2 bedrooms and 1.5 bathrooms; enclosed back patio and fireplace
- List price $175,000 = $173/sqft; AVM ~ $180,508
- Small private lot (~435 sqft); low exterior maintenance
- Parking reported as 1 space; physical confirmation recommended
Things to Consider
- MLS feed shows hasGarage=false but garageSpaces=1 — verify actual parking type and deeded space
- School assignments and district boundaries are not bound to the MLS feed — verify for buyers with children
- Minor systems/finish updates likely required given age (1987); inspection recommended
Opportunity Analysis
Acquire an affordable, low-maintenance 2BR townhouse in Colorado Springs to serve as an owner-occupied starter home or an income property for investors. Minimal exterior upkeep and included appliances reduce immediate capital needs; cosmetic updates and targeted interior refresh can increase resale value and rentability.
Potential Use Scenarios
- For owner-occupant: Present strong but clean offer at or slightly below list if inspection reveals deferred maintenance; limited cosmetic refresh (paint, flooring) will increase livability.
- For investor: Target blended cap rate with local rents; consider light interior updates and professional photos to maximize rental and resale appeal.
- Verify parking assignment and HOA/association rules prior to closing; confirm any reserves or pending assessments.
Risk Factors
- Unclear parking/garage status
- Potential for deferred maintenance given age
- School/district uncertainty may affect family buyers
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$162K
Midpoint
$175K
High
$188K
$173/SF estimated price per square foot
Estimate anchored to current list price ($175,000), size (1,012 sqft), and regional townhouse market dynamics. Range ±7.5% to reflect condition, age (1987), and typical demand for entry-level condos/townhomes in Colorado Springs. No live comps search performed.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Area sees steady population growth and modest household income growth tied to military and defense employment and regional service industries. Estimates approximate and should be verified with local data.
Nearby Points of Interest
- Local shopping center (≈1–2 mi)
- Parks and trails (≈1–2 mi)
Property is in an established residential pocket of northern Colorado Springs with convenient access to shopping, dining, and regional roadways. Recreational areas and neighborhood parks are within a few minutes' drive.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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