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.
Affordable 2-Bed Townhome with Private Enclosed Patio
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).
A 1987 townhouse on 0.01 acres.
Building
Site & utilities
Established 80916 townhouse community (Live Oak area)
Researched nearby locations
Location
4822 Live Oak Dr, Colorado Springs, CO 80916
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.
Short drives to parks and local trails; enclosed patio provides private outdoor space without the need for yard work.
A factual market snapshot around 4822 Live Oak Dr.
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.
Likely multi-family/townhome residential zoning consistent with townhouse subdivisions; verify with City zoning map
Zoning
Research-indicated uses
- Residential Townhouse/Rowhouse
- Accessory Uses Subject To Local Code
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
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
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.