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.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Cooling Information
Ceiling Fan(s)
None
Parking
Concrete
Oversized
Heating Information
Forced Air
Water Features
Public
House Interior
Ceiling Fan(s)
Basement
Full
Fire Place
Living Room
School Information
School Information for 244 Mitchell Avenue, Monument, CO 80132
Elementary School
Lewis-Palmer
Middle School
Lewis-Palmer
High School
Lewis-Palmer
Listing Courtesy: eXp Realty, LLC - 888-440-2724
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
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