55 Pauma Valley

Colorado Springs, CO 80921

For Sale: $899,000

8 Beds
3 Full, 4 Half Baths
5,974 sq ft
Lot 16,552 sq ft
55 Pauma Valley, Colorado Springs, CO 80921

Amazing Investment Opportunity

This home was recently remodeled to be used as an Assisted Living home with 8 total bedrooms. Income producing opportunities abound at this property. Continue the assisted living use or try house hacking and offset your mortgage by buying it as a primary residence and short term renting the level lower.  Both floors have their own entrance and can be separated from each other if desired. Could be perfect for multi-generational living with parents or boomerang kids in the lower level. ADA compliant features throughout including 36" bedroom doors, access ramps and in-home elevator. Bright & spacious with tall ceilings on the lower level and vaulted spaces on the main.  Enjoy the stone surround gas fireplace in the great room, the kitchen is expansive and plenty of space for multiple cooks. The adjacent eat in dining space can host a large informal crowd or use part of the great room for a more formal dining experience. The primary bedroom with fireplace has vaulted ceiling with huge walk in closet and attached 5 piece bath. Two additional bedrooms with a jack-and-jill bath are also found on the main level perfect for young kids or office spaces.  Upstairs deck has views of the open space while the back patio has peaking mountain views. The lower level has an abundance of 5 bedrooms plus a theater room. The recreation room can fit all your entertaining needs and desires. Low maintenance Luxury Vinyl Tile flooring. You will not run out of storage with this massive 3 car extended garage with RV door. Across the street is open space which also conveniently allows for additional on street parking. Current zoning of the property is RS-6000 which allows uses of Bed and Breakfast, Accessory Living Quarters, Home Occupation Residential, and Residential Accessory Structures and Uses. (https://library.municode.com/co/el_paso_county/codes/land_development_code?nodeId=TABLE_5-2ACUS)


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55 Pauma Valley
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55 Pauma Valley
Colorado Springs, CO 80921
8 Bed | 3 Full, 4 Half Baths

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