$850,000

4840 Pikes Peak Hwy Cascade, CO 80809

$10,000
Closing credit¹
4 beds
2 baths
3.5 acres
Multi-Family

Property details

About 4840 Pikes Peak Hwy

Discover this turnkey short-term rental duplex nestled in the heart of scenic Cascade, just minutes from Pikes Peak, Santa’s Workshop at the North Pole, and popular hiking trails! Both units are currently operating as high-performing vacation rentals with proven income history, perfect for investors looking for immediate cash flow. Live in one unit and rent the other to offset or eliminate your mortgage, or continue using both sides as lucrative Airbnb properties. Situated on a sprawling 3.5-acre lot, this unique property boasts 4 expansive decks, multiple outdoor patios, and endless mountain charm. Don’t miss this rare opportunity to own a top notch property in one of Colorado’s most sought-after tourist destinations. This one won’t last!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
Lot size3.49 Acres
Year built1984
MLS #3711725
FireplaceOne

Summary

  • Appliances: Dishwasher, Dryer, Kitchen Vent Fan, Oven, Range, Refrigerator
  • Fireplace: One
  • Total Bedroom Count: 4
  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)
  • List Price: $850,000
  • Annual Tax Amount: $2,008
  • Tax Year: 2020
  • Year Built: 1984
  • Lot Size: 3.49 Acres
  • MLS Number: 3711725
  • Office Name: Solid Rock Realty
  • Office Phone: (719) 359-4558
  • Listing Agent: Max Ferguson

IDX 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.

Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4840 Pikes Peak Hwy, Cascade, CO 80809 - aerial view at dusk of a view of trees and a mountain view

$850,000

4840 Pikes Peak Hwy

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 01, 2022
Home Sold
$750,000
Mar 10, 2017
Home Sold
$355,000
Feb 24, 2006
Home Sold
$260,000
Jun 11, 2004
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2023$42,780$-
2022$29,340$-
2021$30,850$-
2020$26,590$2,008
2019$26,590$1,913
2018$22,560$1,683
2017$22,560$1,630

History based on county public records data.

Nearby schools

8

Ute Pass Elementary School

Public District PK-5

1.6 mi

9230 Chipita Park Rd

5

Manitou Springs Elementary School

Public District PK-5

4.5 mi

110 Pawnee Ave

7

Chipeta Elementary School

Public District PK-5

5.5 mi

2340 Ramsgate Ter

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,083. The most common annual income of people living in Cascade, CO is between $100k-200k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
33%
35k-100k
35%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
52%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 4840 Pikes Peak Hwy

The listing price of 4840 Pikes Peak Hwy property is $850,000.

The property 4840 Pikes Peak Hwy is a multi located in Cascade, Colorado, 80809.

Active Listing: 4840 Pikes Peak Hwy is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4840 Pikes Peak Hwy are: Ute Pass Elementary School (GreatSchools Rating 8/10), Manitou Springs Elementary School (GreatSchools Rating 5/10), Chipeta Elementary School (GreatSchools Rating 7/10), Manitou Springs Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), Holmes Middle School (GreatSchools Rating 5/10), Manitou Springs High School (GreatSchools Rating 7/10), Coronado High School (GreatSchools Rating 5/10), Woodland Park High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2020 is $2,008 (source: MLS/based on county public records data).

The last sale was on July 1, 2022 for $750,000 (source: MLS/tax record).

The year of construction for 4840 Pikes Peak Hwy is 1984.

This home is located at 4840 Pikes Peak Hwy in Cascade, CO and zip code 80809. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $850,000.

The inventory of homes for sale in Cascade, CO between April and May 2025 increased by 71.4%. While the average time on the market in May 2025 was 47 days, the median list price was $625,000.

From Rocket Homes Real Estate and based on county public records data.

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