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$850,000

Est. payment - /mo

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5 Beds

3 Baths

2,816 SqFt

New

244 Mitchell AVE Monument, CO 80132

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Brooke Shepherd

brookeashepherd@gmail.com +1(719) 432-8485

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $301

MLS Listing ID 3380818

Style Ranch

Bedrooms 5

Full Baths 1

Half Baths 1

Three Quarter Bath 1

Construction Status Existing Home

HOA Y/N No

Year Built 1972

Annual Tax Amount $3,590

Tax Year 2024

Lot Size 10,081 Sqft

Property Sub-Type Single Family

Property Description

LOCATION • VIEWS • ONE-LEVEL LIVING • INCOME POTENTIAL • MULTI-GENERATIONAL OPTIONS! Welcome to an exceptional opportunity in the heart of Monument, CO—walking distance to Monument Lake, historic downtown Monument, two beautiful parks, summers concerts in one of them, and the hiking/biking trails of Mt. Herman. This versatile 4-bedroom home offers a unique combination of comfort, flexibility, and investment potential. Thoughtfully updated, it features main-level living and a fully finished walkout basement—perfect for multi-generational living or generating rental income. The main level highlights are Luxury Vinyl Plank flooring throughout, a bright living room with shiplap walls and a cozy, modern fireplace. It has an open-concept kitchen, dining, and flex area with vaulted shiplap ceiling. Walk-out to a composite deck, private hot tub, and landscaped backyard—ideal for relaxing or entertaining. In the walkout basement there is a Private entrance, a spacious bedroom with adjacent bathroom (could serve as a second suite). The basement presents multiple living/flex spaces with the private walkout access—perfect for a separate rental unit, guest quarters, or teen retreat. Bonus: Accessory Dwelling Unit: Completed in January 2022, this charming 784 sq ft, 2-bed/1-bath cottage is loaded with potential. It has a full kitchen, dining area, and generous living room with light and bright interior with thoughtful finishes. Just steps to the park with basketball, soccer, playground for the kids and much more. This home is ideal for living in the home and it offers income from areas like the basement and ADU with short, mid, or long-term rentals. All furniture and hot tubs are negotiable making this a turn key home and operation.

Location

State CO

County El Paso

Area Monument Hills

Interior

Interior Features 9Ft + Ceilings, Vaulted Ceilings

Cooling Ceiling Fan(s)

Flooring Carpet, Luxury Vinyl

Fireplaces Number 1

Fireplaces Type Main Level

Appliance Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Laundry Basement, Electric Hook-up

Exterior

Parking Features None

Fence Front, Rear

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Lot Description Level, Mountain View

Foundation Walk Out

Water Municipal

Level or Stories Ranch

Finished Basement 97

Structure Type Framed on Lot,UBC/IBC/IRC Standard Modular

Construction Status Existing Home

Schools

School District Lewis-Palmer-38

Others

Miscellaneous Breakfast Bar,Hot Tub/Spa,RV Parking

Special Listing Condition Lead Base Paint Discl Req, See Show/Agent Remarks

Virtual Tour https://www.propertypanorama.com/instaview/ppar/3380818

Listed by Exp Realty LLC