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MLS #: 8331271

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8985 Melbourne Drive, Colorado Springs

Single Family in 80920

List Price

Was $599,900

$577,400

Beds/Baths: 4/4

Garage: 2.0

Year Built: 1996

Days on Market: 44

Taxes: $2,452/yr

Insurance: $3,000/yr est.

Listed By: Keller Williams Premier Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $3,841.46

Property Taxes $204.33

Insurance Get Quote → $250.00

Total Est. Monthly* $4,295.79

Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context - 80920 (Northgate & Flying Horse)

Avg Days on Market: 49 ▼ This listing: 44

Avg Close Price: $567,063

Avg CPOLP: 96.3%

Median CPOLP: 96.9%

Active Listings: 125

Closed (30 days): 52

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80920 over the last 30 days.

County Assessor Data

Assessor Market Value: $548,000 5% above

Last Sale Price: $10

Last Sale Date: Jun 13, 2024

Lot Size: 0.13 acres

Finished SqFt: 2,926

Basement: 1,023 sqft (873 finished)

School District: ACADEMY SCHOOL DISTRICT #20

Source: El Paso County Assessor. Parcel 6234315015. Assessor values may differ from market value.

Hail Risk - 80920

Moderate

Events (5 years): 6

Largest Stone: 1.75"

Avg Stone Size: 1.17"

Most Recent: Jun 14, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$599,900 Listed Aug 20

$592,400 ▼ -$7,500 / -1.3% Sep 02

$584,900 ▼ -$7,500 / -1.3% Sep 17

$577,400 ▼ -$7,500 / -1.3% Oct 02

Recent Comparable Sales (30 Days)

7475 Chancellor Drive

5 bed / 4 bath · 10 DOM · Closed Oct 01

Listed: $575,000

$570,000

99.1% CPOLP

8246 Regiment Court

3 bed / 3 bath · 70 DOM · Closed Sep 28

Listed: $610,000

$595,000

97.5% CPOLP

2260 Havenridge Drive

4 bed / 3 bath · 62 DOM · Closed Sep 18

Listed: $619,900

$550,000

88.7% CPOLP

2364 Winstead View

2 bed / 2 bath · 7 DOM · Closed Sep 16

Listed: $549,900

$549,900

100.0% CPOLP

4560 Winthrop Way

4 bed / 4 bath · 26 DOM · Closed Oct 01

Listed: $549,900

$545,000

99.1% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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Price Drop - $10,000 off

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MLS #: 7417861 More Details →

7510 Hickorywood Drive, Colorado Springs

Type: Single Family

Zip: 80920

Beds/Baths: 3/3

Garage: 2.0

List Price: $585,000 $575,000

DOM: 26

Taxes: $2,303/yr

Year Built: 1985

Listed By: LIV Sotheby's International-Castle Pines

List Price $575,000

Est. Monthly Cost* $4,267.44

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Price Drop - $15,100 off

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MLS #: 6515308 More Details →

2620 Kenton Green Court, Colorado Springs

Type: Single Family

Zip: 80920

Beds/Baths: 5/4

Garage: 2.0

List Price: $585,000 $569,900

DOM: 77

Taxes: $1,982/yr

Year Built: 1986

Listed By: Alexander Group Real Estate Inc

List Price $569,900

Est. Monthly Cost* $4,206.73

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Price Drop - $10,000 off

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MLS #: 7714415 More Details →

4590 Squirreltail Drive, Colorado Springs

Type: Single Family

Zip: 80920

Beds/Baths: 4/4

Garage: 3.0

List Price: $595,000 $585,000

DOM: 33

Taxes: $2,534/yr

Year Built: 1987

Listed By: 8Z Real Estate LLC

List Price $585,000

Est. Monthly Cost* $4,353.17

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Price Drop - $4,900 off

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MLS #: 9498103 More Details →

3640 Falco Court, Colorado Springs

Type: Single Family

Zip: 80920

Beds/Baths: 6/4

Garage: 2.0

List Price: $589,900 $585,000

DOM: 26

Taxes: $2,471/yr

Year Built: 1991

Listed By: Engel & Voelkers Pikes Peak

List Price $585,000

Est. Monthly Cost* $4,347.93

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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

8985 Melbourne Drive, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context - 80920 (Northgate & Flying Horse)

County Assessor Data

Hail Risk - 80920

Price History

Recent Comparable Sales (30 Days)

More Homes in 80920

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