Estimate anchored to public list price of $365,000 and the scraped property attributes (1,265 SF, 3 bed/2 bath, 0.186 ac). Range reflects local market movement in southeast Colorado Springs through early 2026 and typical adjustments for recent mechanical and cosmetic upgrades.
Updated 3-Bed Tri-Level with Large Fenced Yard & Deck
Not your average tri-level — this refreshed 3-bedroom, 2-bath home on Eldon Drive blends practical upgrades with yard-sized appeal. The seller has completed meaningful system work (newer furnace and water heater, upgraded electric panel) and added conveniences that reduce near-term maintenance needs. Inside, luxury vinyl tile flows through the main living areas for a durable, modern look; the kitchen will be finished with a new quartz countertop and already sports stainless-steel appliances.
The floor plan stretches front-to-back, giving separation between living areas and bedrooms and opening to a generous sundeck from the dining area. Step down into a lower level that’s well suited for a family room, hobby space, or a home office. Outside, the large, fully fenced backyard provides privacy and play space — a rare mid-sized lot in the city that invites gardening, entertaining, and safe outdoor play.
Practical details matter here: the seller reports an upgraded electrical panel and 220V service in the garage (useful for workshop gear or EV charging with appropriate equipment). For qualifying buyers, the listing notes an assumable VA loan — a potential financing advantage for veterans. The location is quietly residential yet convenient to local shopping, services, the Colorado Springs Airport, and nearby military installations, making commutes and errands straightforward.
Whether you’re looking for a starter home with strong mechanical bones or a rental with stable tenant appeal near military employers, this property is worth a look. Confirm details with the listing agent and schedule a showing to verify the garage configuration, final kitchen finish, and to walk the backyard in person.
A 1982 traditional on 0.19 acres.
Building
Site & utilities
Southeast Colorado Springs / 80916 area
Researched nearby locations
Location
4825 Eldon Dr S, Colorado Springs, CO 80916
This home sits in a quiet, established pocket of southeast Colorado Springs (ZIP 80916). The neighborhood is characterized by single-family residences on modest to mid-sized lots, with local convenience retail and services a short drive away. Proximity to major employers and military installations gives the location steady demand from renters and buyers who value access and affordability relative to the rest of the region.
Short drives to local parks and regional trails; back yard and sundeck offer immediate outdoor living space.
A factual market snapshot around 4825 Eldon Dr S.
Southeast Colorado Springs remains a practical market for buyers seeking single-family homes at a reasonable price point compared with the broader metro. As of early 2026 inventory is modest and well-updated homes typically sell faster than average. Median single-family prices in nearby submarkets sit in the low-to-mid $400ks, but smaller, updated homes like this one — with strong mechanical updates and a usable yard — compete well. Average days on market for entry-to-mid-level single-family homes in the area are typically in the 20–35 day range; expect stronger interest where financing advantages exist (for example, an assumable VA loan). This property presents an opportunity for buyers who want reduced near-term capital expenses and a home that is move-in-ready with some finishing touches.
Likely single-family residential zoning (R-1 or equivalent) permitting detached single-family dwellings; typical setbacks and uses for neighborhood residential.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures Subject To Code
- Home Occupation Allowances Typical
What the research supports — and what is still worth verifying.
Key findings
- 3 beds / 2 baths, 1,265 sqft, built in 1982
- Lot size ~8,108 sqft (≈0.19 acre) with fenced yard and sundeck
- List price $365,000 — implied $289/sqft
- Seller reports newer furnace, water heater, upgraded electric panel, and 220V in garage
- Assumable VA loan noted in seller description (confirm details with lender)
What stands out about this property.
Interior Features
- 3 bedrooms / 2 bathrooms
- 1,265 square feet; tri-level layout
- Luxury vinyl tile (LVT) flooring throughout main areas
- Stainless-steel appliances
- New quartz kitchen countertop being installed
- Lower-level family room / multi-use space
Exterior & Lot
- Large fenced backyard (~8,108 sqft / 0.19 acre)
- Sundeck off dining area for outdoor entertaining
- Level lot with typical neighborhood landscaping
- Driveway and inferred 1-car attached garage with 220V (verify)
Location & Neighborhood
- Quiet residential street in southeast Colorado Springs (80916)
- Convenient to local shopping, services, and Colorado Springs Airport
- Shorter commute to Fort Carson and Peterson SFB — good for military-affiliated buyers
- Neighborhood character: stable single-family streets and practical family amenities
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and neighborhood walking routes (short drive to larger regional parks)
- Easy access to arterial roads for regional recreation and city amenities
Sources & research confidence.
See where the property research came from and how confidence varies by field.