244 Mitchell, Monument, CO 80132 - coloradospringshomesearches.com

$850,000

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… Read MoreRead Less

Courtesy of Exp Realty LLC.Timothy Enders, 888-440-2724

Listing Snapshot

Days Online

Last Updated

Oct 26, 2025

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

3,557

Lot Size

0.23 Acres

Year Built

1972

MLS Number

3380818

Additional Details

Appliances & Equipment

Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Basement

97 percent of basement finished

Building

3,600 total square feet, 3,557 finished square feet, 2,192 main floor square feet, 1,408 basement square feet, Construction status: Existing Home, Built in 1972, Alum/Vinyl/Steel, Framed on Lot, UBC/IBC/IRC Standard Modular

Fireplaces

Main Level

Foundation

Walk Out

Water Features

Municipal

Interior Features

Floor plan: 1 Story

Laundry

Basement, Electric Hook-up

Lot

0 acres, Front, Rear, Level, Mountain View, Lot size area: 10,081 square feet

Property

Storage Shed

Roof

Roof: Composite Shingle

Taxes

Tax amount: $3,591, Tax year: 2024

Utilities

Cable Available, Electricity Connected, Natural Gas Connected

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