2038 Pepperwood Drive

Colorado Springs, CO 80910

$350,000 Listing #289182
5 Beds 2 Baths 1,276 sq ft Year Built: 1970 Residential
This Pikes Peak Park home stands out with 5 bedrooms, 2 bathrooms, 6 parking spaces, and NO HOA. The 1.5-story layout offers a functional, flexible setup for everyday living, including two bedrooms on the main level. Just inside, a charming espresso bar nook adds the perfect touch for your daily coffee ritual. White cabinetry, stainless steel appliances, and plenty of storage make the kitchen both functional and clean, with a bay window that’s perfect for plants. The dining area sits just off the kitchen, making it easy for everyday meals. Each bedroom offers comfortable space and versatility, whether you need additional sleeping areas, an office, or gym. What truly makes this property stand out is what lies beyond the main home. Tucked away out back is the attached mother-in-law suite. Previously used as a successful Airbnb, this space offers an incredible opportunity for additional income, private guest accommodations, or multi-generational living. Whether you’re looking to offset your mortgage or step into investing, this is a rare setup that adds real value. The exterior continues to impress with a newer roof, updated fencing, a private yard, storage shed, and mountain views. With plenty of parking, including space for RV parking, you have the freedom to use the property how you want. Perfectly located just minutes from dining, schools, parks, and shopping, with quick access to Academy Blvd and I-25 for an easy commute, this home offers comfort and convenience in one complete package. Whether you’re looking for a primary residence with income potential, multi-generational living, or a smart investment, this home checks boxes that are hard to find at this price point!

Interior Features

Square Feet 1,276

Exterior Features

Lot Size 0.14 acres
Courtesy of Maiya Lacy, NextHome Elevation
This content last updated on 4/27/2026 12:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Maiya Lacy

Maiya Lacy Broker

NextHome Elevation Colorado Springs

CO License #: EA.100075486 Direct: 719.232.0251
Expertise Types: Buyer Broker, New Homes, Ranches, Relocation, Residential, Land, Condominiums, Residential Investment, Mobile Homes, REO, Short Sale, Foreclosure, Single Family Homes, Townhomes, Manufactured Homes, Rural Land, Second Homes, Vacation Rentals, Waterfront
Professional Designations: REALTOR, MRP