About 705 E Hills Road
PRICE REDUCED! INCREDIBLE INVESTMENT OPPORTUNITY! This property offers exceptional potential for the right buyer. With vision and renovation, it could be transformed into a charming single-family home surrounded by nature. The lot features mature trees, natural rock formations, and lush landscaping that create a serene, mountain-like atmosphere. Previous plans included adding koi ponds throughout the property—an idea that could easily be revived to create a stunning garden retreat. For developers, the possibilities are even greater. The seller has consulted with the city and was informed that this one-third-acre lot may be suitable for two duplexes and two ADU structures (buyer to verify all information and perform their own due diligence). The owner is open to owner-carry financing but prefers an outright sale. Discover the potential this unique property holds—whether as a private sanctuary or a smart investment project!
Features of 705 E Hills Road
| MLS® # | 5562861 |
|---|---|
| Price | $320,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 624 |
| Acres | 0.35 |
| Year Built | 1946 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 705 E Hills Road |
|---|---|
| Subdivision | Reeves |
| City | Colorado Springs |
| County | El Paso |
| State | CO |
| Zip Code | 80909 |
Amenities
| Utilities | Electricity Available, Electricity Connected, Phone Available |
|---|---|
| Parking Spaces | 5 |
| Parking | 220 Volts |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | One |
Exterior
| Exterior Features | Barbecue, Private Yard |
|---|---|
| Lot Description | Many Trees |
| Roof | Shingle |
| Foundation | Block |
School Information
| District | Colorado Springs 11 |
|---|---|
| Elementary | Queen Palmer |
| Middle | Galileo |
| High | Palmer |
Additional Information
| Date Listed | July 3rd, 2025 |
|---|---|
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HomeSmart |
|---|