Painted Sky at Waterview Homes under $500,000

Welcome to Painted Sky at Waterview, a vibrant and welcoming neighborhood nestled in the heart of Colorado Springs, Colorado. This charming community is characterized by its stunning views of the majestic Rocky Mountains and the serene beauty of nearby lakes, making it a perfect retreat for nature lovers and outdoor enthusiasts alike. With its picturesque landscapes and inviting atmosphere, Painted Sky at Waterview is the ideal place to call home.

One of the standout features of this neighborhood is its diverse selection of homes, many of which are available for under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to your needs and budget. From modern townhomes to spacious single-family residences, each property is designed with comfort and style in mind. Many homes boast open floor plans, updated kitchens, and beautiful outdoor spaces perfect for entertaining or enjoying a quiet evening under the stars.

Living in Painted Sky at Waterview means you'll also enjoy access to a wealth of amenities. The neighborhood is conveniently located near shopping centers, dining options, and recreational facilities, ensuring that everything you need is just a short drive away. Additionally, families will appreciate the proximity to highly-rated schools and parks, making it an ideal setting for raising children.

With its affordable housing options, stunning scenery, and community-focused atmosphere, Painted Sky at Waterview is a hidden gem in Colorado Springs. Discover your dream home in this enchanting neighborhood today!

Newest Painted Sky at Waterview Homes under $500,000

$450,000

4 Beds ⋅ 4 Baths ⋅ 2,342 SqFt. ⋅ ACTIVE Status

Beautiful 4 bed 4 bath 3-car garage home at a great location! Enter into a spacious living room / dining room combo that has an open feel and offers an ideal setting for entertaining. You will appreciate the chef’s kitchen (inclusive of an expansive granite counter bar, backsplash, ample countertop space and cabinet storage, and a large pantry), and the large dining room (large enough to easily fit an oversized dining table). Step down to the lower level off the kitchen to a walkout family room with a sliding glass door to the beautiful backyard. You will also find a tastefully appointed half-bath on the same floor. Upstairs is the spacious Master Suite with a 5-piece bath, soaking tub and walk-in closet. The upper level also includes two additional bedrooms, a full hall bath and a large laundry room (complete with wire shelving and a folding station/counter). The house is complete with a finished basement that could be used as a secondary master suite including its own en-suite full bath. Close to Peterson A/F base, FT Carson, Colorado Springs Airport, shopping, schools and entertainment.

6266 Dancing Star Way, Colorado Springs

Courtesy of Light & Salt Realty, LLC. 303-409-7710

$410,000

3 Beds ⋅ 3 Baths ⋅ 1,656 SqFt. ⋅ ACTIVE Status

Welcome to a 3-bedroom, 2.5-bath home offering a nice, functional layout, 2 car attached garage, basement area ready for your design, and a generous sized lot. The home provides comfortable living space with room to personalize and make it your own. Conveniently located, this property offers an opportunity to create a home that fits your lifestyle and needs. Come see the possibilities!

4819 Gami Way, Colorado Springs

Courtesy of HomeSmart. 719-634-8761

$470,000

4 Beds ⋅ 4 Baths ⋅ 2,276 SqFt. ⋅ ACTIVE Status

Welcome to this beautifully maintained four-level home in the desirable Painted Sky neighborhood of Widefield! Built in 2014, this spacious 4-bedroom, 4-bathroom home offers a versatile floor plan, quality finishes, and stunning views of Pikes Peak. The main level features beautiful hardwood flooring and an inviting kitchen complete with granite countertops and stainless steel appliances. Enjoy the spectacular Pikes Peak views while taking advantage of the home's functional layout and comfortable living spaces. The primary suite provides a private retreat with an attached five-piece bathroom. The finished basement offers excellent flexibility and can serve as a fourth bedroom with an attached bathroom, making it ideal for guests, multigenerational living, or additional private living space. Situated on a generous 9,155-square-foot corner lot, the property features a fully fenced backyard, providing plenty of space to relax and enjoy the Colorado outdoors. Additional highlights include central air conditioning and a spacious three-car tandem garage. With its desirable location, beautiful finishes, flexible living spaces, and incredible Pikes Peak views, this Painted Sky home is one you won't want to miss!

4604 Brylie Way, Colorado Springs

Courtesy of Coldwell Banker Realty. 719-550-2500

$439,900

4 Beds ⋅ 4 Baths ⋅ 2,218 SqFt. ⋅ ACTIVE Status

Welcome to this well-maintained 4-bedroom, 3-bath home offers approximately 2,238 sq. ft. of comfortable living space with an open layout, updated finishes, fully finished basement, and an impressive backyard built for enjoying Colorado living. The main level features updated flooring and an open-concept kitchen, dining, and living area filled with natural light. The kitchen offers two-tone cabinetry, granite countertops, stainless steel appliances, modern black hardware and fixtures, tile backsplash, recessed lighting, and plenty of cabinet and counter space. The adjoining dining and living areas provide a comfortable space for everyday living and entertaining, with easy access to the backyard. Step outside to one of the home's standout features—a large, fully fenced backyard with plenty of usable lawn space and an expansive concrete patio. The covered outdoor pavilion features a metal roof, lighting, and room for dining and entertaining, creating an excellent outdoor living space for cookouts, gatherings, or relaxing Colorado evenings. An attached 2-car garage provides additional parking and storage. Conveniently located with access to shopping, dining, schools, major roadways, and nearby military installations.

6712 Passing Sky Dr, Colorado Springs

Courtesy of Real Broker, LLC DBA Real. 720-807-2890

$440,000

3 Beds ⋅ 3 Baths ⋅ 1,604 SqFt. ⋅ ACTIVE Status

Welcome to Painted Sky at Waterview, where mountain views, a spacious backyard, and a light-filled interior come together in a home that’s truly move-in ready! Step inside to an open, inviting main level featuring luxury vinyl plank flooring and a beautiful kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and plenty of prep space. The adjoining dining area flows effortlessly into the generous living room, creating the perfect layout for everyday living and entertaining. Step outside to the large custom patio and fully fenced backyard—an ideal space for summer barbecues, pets, play, or simply relaxing and enjoying the Colorado outdoors. Upstairs, the spacious primary suite offers a private retreat with a large walk-in closet and en-suite bath featuring dual sinks and a soaking tub/shower combination. Two additional bedrooms and a full bath provide plenty of room for family, guests, or a home office. Convenient main-level laundry and a powder bath add to the home's functionality, while the insulated unfinished basement offers incredible potential for future living space, a home gym, theater, game room, or additional storage. Located in a quiet, peaceful neighborhood with easy access to walking trails, Bluestem Open Space, Big Johnson Reservoir, and the Widefield Recreation Center, this home delivers both recreation and convenience. Shopping and dining along Mesa Ridge Parkway and the Powers corridor are just minutes away, with quick access to Colorado Springs Airport, Peterson and Schriever Space Force Bases, and Fort Carson. Updated, spacious, and ready to enjoy—come see why this Painted Sky at Waterview home deserves to be at the top of your list!

6425 Dancing Star Way, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$429,900

3 Beds ⋅ 2 Baths ⋅ 1,549 SqFt. ⋅ ACTIVE Status

Welcome home to a beautifully updated single-family residence situated in the Painted Sky at Waterview community of Colorado Springs. Built originally in 2014, the home features a modern mixed-material facade of classic vinyl siding and stone accents. Spanning a generous 3,098 square feet of potential living space, this contemporary home features 3 bedrooms, 2 bathrooms, and a sprawling layout primed for modern living. The main level is an open floor plan that appeals to that modern home buyer. Step past the threshold into an entirely refreshed atmosphere. The main living zones showcase brand-new, durable luxury vinyl plank flooring, offering a sleek, low-maintenance foundation that perfectly complements active lifestyles. The private quarters have been treated to plush, newly installed carpeting underfoot, adding warmth and comfort where it matters most. Accenting the entire layout is a crisp palette of fresh interior paint that bounces natural light through the open floor plan. An expansive, unfinished basement serves as a blank canvas. Featuring direct walk-out access to the yard, this lower level is perfectly positioned for a future recreation room, home theater, or additional guest suites while adding incredible equity potential to the home. Positioned on a 6,175-square-foot lot, the property offers a level yard with beautiful mountain views. Come see this home today!

4707 Justeagen Dr, Colorado Springs

Courtesy of Springs Houses Online Realty. 719-321-4727

$400,000

3 Beds ⋅ 3 Baths ⋅ 1,845 SqFt. ⋅ ACTIVE Status

Fabulous 4-Level home in the Painted Sky at Waterview subdivision! This home has 3 bedrooms, 3 bathrooms, a large tandem, 3 car garage and 2,444 square feet of living space. The kitchen boasts a breakfast bar, oversized window above the sink and a pantry. All appliances are included. The primary bedroom features an adjoining 5-piece bath with a soaker tub, double sink vanity, private toilet and a walk-in closet. The lower level has spacious family /rec room with a 3-panel slider for extra natural light, coat closet by the garage access and bathroom. Sliding door from family room opens to the backyard which includes concrete patio, privacy fencing and landscaping. The laundry room has a folding counter, wire shelving and nice LG washer and dryer are included. Great curb appeal with a lawn and rock landscape design and faux rock accents. This home includes central air conditioning and a pre plumbed unfinished basement! Easy access to Ft. Carson, Amazon, the Airport, Peterson AFB and all the shopping, dining, and entertainment along the Powers Corridor! Schedule your showing today!

4790 Justeagen Dr, Colorado Springs

Courtesy of All Seasons LLC. (719) 632-3368

$425,000

4 Beds ⋅ 3 Baths ⋅ 2,039 SqFt. ⋅ ACTIVE Status

Seller is offering up to $7,500 in concessions with an acceptable offer! Funds may be applied toward buyer closing costs, prepaid expenses, or an interest-rate buydown. Please call the listing agent for details! Welcome to this beautifully maintained two-story home in the desirable Painted Sky at Waterview community. Built in 2016, this spacious residence offers 4 bedrooms, 3 bathrooms, and an open, functional floor plan designed for everyday living. The main level features a bright living area, dedicated office with French doors, an inviting dining space, and a well-appointed kitchen with granite countertops, hardwood flooring, and ample cabinetry. Upstairs, you'll find a versatile loft, convenient laundry room, generously sized secondary bedrooms, and a spacious primary suite complete with a walk-in closet and five-piece bath. The unfinished basement provides endless possibilities for future expansion, additional storage, or a custom recreation space. Outside, enjoy a fully fenced backyard with plenty of room to relax, entertain, or play. Located in a quiet, well-kept neighborhood, this home offers easy access to schools, parks, shopping, dining, and major commuter routes. Just minutes from the Colorado Springs Airport, Peterson Space Force Base, Schriever Space Force Base, and Fort Carson, it's an ideal location for military personnel, frequent travelers, and anyone looking for convenience without sacrificing a neighborhood feel. Move-in ready and offering room to grow, this home is one you won't want to miss!

6459 Marilee Way, Colorado Springs

Courtesy of Realty Professionals, LLC. 303-884-0990

$365,000

3 Beds ⋅ 2 Baths ⋅ 1,555 SqFt. ⋅ ACTIVE Status

Beautiful 3-bedroom, 2-bathroom home with a huge unfinished basement offering plenty of potential for additional living space, storage, or future expansion. Updated and upgraded throughout, this home shows very well and has a welcoming, move-in-ready feel. The open floor plan provides a great flow between the living, dining, and kitchen areas, while the fireplace adds warmth and character. Enjoy the fenced backyard, perfect for relaxing, entertaining, or pets. A well-maintained home with great features and plenty of opportunity in the unfinished basement.

4543 Dancing Rain Way, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$419,900

3 Beds ⋅ 3 Baths ⋅ 1,748 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Wake up to breathtaking Pikes Peak views in this move-in-ready 3-bedroom, 3-bath home in Painted Sky at Waterview. Freshly updated with brand-new carpet and interior paint, this bright home offers 2,292 total square feet, soaring vaulted ceilings, abundant natural light, and an open floor plan that flows seamlessly from the living room into the kitchen and dining area. The kitchen features generous cabinet and counter space, a breakfast bar, and overlooks the main living area, making it perfect for everyday living and entertaining. Upstairs, the primary suite includes a private bath and walk-in closet, while two additional bedrooms provide flexibility for family, guests, or a home office. The unfinished basement offers an excellent opportunity to create the space you've always wanted—whether it's a recreation room, home theater, gym, additional bedroom, or simply exceptional storage until you're ready to finish it. Step outside to a fenced backyard and patio where spectacular Pikes Peak views provide the perfect backdrop for morning coffee or relaxing Colorado evenings. A storage shed adds convenient space for lawn equipment, bikes, and seasonal storage, while the oversized three-car garage offers plenty of room for vehicles, tools, and hobbies. Conveniently located with quick access to Powers Boulevard, Fort Carson, Peterson Space Force Base, Schriever Space Force Base, shopping, dining, schools, and parks, this move-in-ready home combines fresh updates, mountain views, and room to grow in one outstanding package. Schedule your showing today.

5916 Dancing Sun Way, Colorado Springs

Courtesy of Ibex Realty Group LLC.

$475,000

5 Beds ⋅ 3 Baths ⋅ 2,649 SqFt. ⋅ ACTIVE Status

Are you ready for this? You won't believe all this home has to offer. This rare and highly sought-after Rancher floor plan pairs stunning mountain views with extensive upgrades and true multi-generational flexibility or investor opportunity, making it a standout in today’s market. From the moment you arrive, you'll appreciate the inviting covered front porch and exceptional curb appeal. Inside, you'll find a bright, open floor plan featuring vaulted ceilings, New Interior paint, New carpet, updated flooring, and convenient main-level laundry. The list of improvements is impressive: New Class 4 impact-resistant Roof, New Gutters, New Fascia, Brand-New Central A/C, New Exterior paint, New trim, and more—giving you the confidence of knowing the big-ticket items have already been taken care of. The fully finished basement offers incredible versatility with a second kitchen, an additional family room, and extra washer hookup with the option of adding a dryer plug, making it ideal for multigenerational living, long-term guests, or anyone needing extra living space. Step outside and enjoy mountain views from your backyard deck, perfect for relaxing or entertaining friends and family. Conveniently located just minutes from Powers Boulevard, Fort Carson, Peterson Space Force Base, Schriever Space Force Base, shopping, dining, schools, parks, and trails, this home offers the perfect balance of comfort and convenience. Move-in ready, thoughtfully updated, and located in one of the area's most sought-after neighborhoods—this is one you won't want to miss.

6316 Dancing Star Way, Colorado Springs

Courtesy of Faith and Freedom Realty LLC.

$420,000

3 Beds ⋅ 3 Baths ⋅ 1,720 SqFt. ⋅ ACTIVE Status

Welcome home to the highly desirable Painted Sky at Waterview community, where stunning mountain views, flexible living spaces, and future expansion potential come together in one exceptional property. This well-maintained 3-bedroom, 2.5-bath home offers 2,240 square feet of comfortable living space designed for both everyday living and entertaining. Enjoy an open and functional floor plan, central air conditioning, ceiling fans, new carpet (2026), a new water heater (2026), and a new dishwasher (2025). Large windows throughout the home capture breathtaking Colorado mountain views, creating a beautiful backdrop from multiple rooms. One of the standout features is the finished tandem third-car garage, offering the perfect workshop, hobby space, home gym, studio, or additional storage area. This versatile space provides endless possibilities to fit your lifestyle. The unfinished basement presents an incredible opportunity to expand and build equity, with ample room to add an additional bedroom, bathroom, recreation room, home office, or guest suite. Whether you're seeking move-in-ready comfort, dedicated workspace, stunning views, or room to grow, this home delivers the perfect combination of functionality, flexibility, and Colorado living. Don't miss your opportunity to own this exceptional home in Painted Sky at Waterview.

6162 Dancing Moon Way, Colorado Springs

Courtesy of Faith and Freedom Realty LLC.

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