244 Mitchell AVE new to site

Monument,CO 80132

$ 850000

5 Beds

3 Baths

2816 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $301

Subdivision Monument Hills

MLS Listing ID 7211142

Style Modular

Bedrooms 5

Full Baths 1

Half Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,408

Year Built 1972

Annual Tax Amount $3,591

Tax Year 2024

Lot Size 10,081 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source recolorado

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

Zoning R-2

Rooms

Basement Full

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Air Conditioning-Room,None

Flooring Carpet,Vinyl

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Y

Appliance Cooktop,Dishwasher,Disposal,Dryer,Microwave,Washer

Exterior

Exterior Feature Spa/Hot Tub

Parking Features Concrete,Oversized

Garage Spaces 3.0

Fence Full

Utilities Available Electricity Connected,Natural Gas Connected

View Mountain(s)

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Lewis-Palmer

Middle Schools Lewis-Palmer

High Schools Lewis-Palmer

School District Lewis-Palmer 38

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

Special Listing Condition None

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