Pheasant Run Homes under $500,000

Welcome to Pheasant Run, a charming subdivision nestled in the heart of Colorado, where community spirit meets the serene beauty of nature. This delightful neighborhood offers an ideal blend of suburban tranquility and easy access to urban amenities, making it the perfect place for families, first-time homebuyers, and anyone seeking a peaceful retreat from the hustle and bustle of city life.

Pheasant Run is known for its picturesque streets lined with beautiful homes, many of which are available for under $500,000. This affordability doesn’t compromise on quality; the homes here boast modern designs, spacious layouts, and well-maintained yards, perfect for outdoor gatherings or quiet evenings under the stars. With a variety of styles to choose from, including charming single-family residences and cozy townhomes, there’s something to suit every taste and lifestyle.

The community is enriched by its proximity to parks, walking trails, and recreational facilities, making it easy for residents to enjoy the great outdoors. Families will appreciate the top-rated schools nearby, ensuring that children receive a quality education just a stone's throw from home.

Pheasant Run also offers convenient access to shopping, dining, and entertainment options, allowing residents to enjoy a vibrant lifestyle without straying too far from home. Whether you’re looking to raise a family, retire in peace, or simply find a cozy place to call your own, Pheasant Run is a hidden gem in Colorado that promises a welcoming community and a fulfilling way of life. Come discover your dream home today!

Newest Pheasant Run Homes under $500,000

$324,900

2 Beds ⋅ 2 Baths ⋅ 3961287 MLS ⋅ ACTIVE Status

Welcome to easy Colorado living in this inviting 2-bedroom, 1.5-bath townhome in Aurora's Pheasant Run community. The functional layout offers comfortable spaces to relax, work, and entertain. The main level features a bright living area with a wood-burning fireplace, creating a cozy gathering space on cool Colorado evenings. The kitchen offers added counter space for meal prep and entertaining, while the all-in-one washer/dryer adds everyday convenience. Upstairs, the spacious primary bedroom provides plenty of room to unwind, while the second bedroom is ideal for guests, family, or a home office. A versatile loft offers additional space for a desk or flex area. Enjoy outdoor living on the private, fenced patio/deck with freshly painted decking-perfect for morning coffee, relaxing, or entertaining. Community amenities include a pool, and the home features a designated carport with an attached storage unit, providing valuable additional storage space. Conveniently located near shopping, dining, and everyday essentials, this home offers a comfortable blend of flexibility, convenience, and low-maintenance living.

4596 S Hannibal St, Aurora

$420,000

3 Beds ⋅ 2 Baths ⋅ 2185135 MLS ⋅ ACTIVE Status

Welcome to this well-maintained 3-bedroom, 2-bath split-level home with NO HOA! Tucked away on a cul-de-sac, the property offers lower traffic, added privacy, and plenty of parking. Conveniently located near Smoky Hill Road and Buckley Road, with Smoky Hill High School within walking distance and located in the Cherry Creek School District. The upper level features two bedrooms, a full bathroom, kitchen, dining area, and living room. The lower level offers a spacious primary bedroom, recently updated full bathroom, second living area, laundry room, and additional storage. The oversized garage is a standout feature, with enough room to accommodate a crew-cab 3/4-ton pickup and a full-size car at the same time. Recent improvements include exterior paint and extensive interior painting in 2024, along with a refreshed lower-level bathroom. Main sewer line repairs were completed in early 2026. The roof and A/C system were replaced in 2016, along with new gutters featuring Gutter Helmet leaf protection. A premium insulated garage door and opener were installed in 2017, and the water heater was replaced in 2020. The sprinkler system has been regularly maintained and is in good working condition.

4836 S Nucla Way, Aurora

$449,900

4 Beds ⋅ 2 Baths ⋅ 7938859 MLS ⋅ ACTIVE Status

Welcome home to this spacious west-facing 4-bedroom, 2-full-bath bi-level situated on an impressive 9,278-square-foot lot in a quiet cul-de-sac with NO HOA! This well-maintained home offers numerous updates, including a new furnace and A/C, new garage door, newer appliances, upgraded flooring throughout, newer Low-E windows, and a new roof and gutters installed in 2023. The functional bi-level layout features a bright upstairs living room, a comfortable downstairs family room, two fireplaces, and a dedicated laundry room. The attached 2-car garage is both heated and cooled for year-round comfort. Outside, you'll find tons of side parking for an RV, boat, toys, or additional vehicles, plus a backyard storage shed, mature trees, a back deck, and an oversized patio with an awning for covered outdoor entertaining. Located within the highly sought-after Cherry Creek School District, this home also offers a convenient location with easy access to shopping, dining, entertainment, and everyday amenities. With plenty of space inside and out, extensive updates, RV/boat parking, and no HOA, this property has so much to offer!

4796 S Ouray St, Aurora

$449,000

3 Beds ⋅ 2 Baths ⋅ 6099383 MLS ⋅ ACTIVE Status

Back on Market! Due to buyer did not qualify for loan. Buyer's Loss YOUR GAIN! Welcome to this Beautifully Remodeled, Move In Ready Home, in Cherry Creek School District! From the moment you walk in the front door you will notice the open floor plan. The large Livingroom room has hardwood floors that flow into the Dining & Kitchen making it a great place to entertain! The Brand New Kitchen remodel with granite countertops tons of cabinets make this Kitchen a dream to cook in! Plus all appliances are included! Down the hall you have a Primary Suite, a Remodeled Full Bath and another good size bedroom. The Lower level features a Large Family room/Rec room or use as 4th bedroom. Full size laundry room washer dryer Included. A very Large Bedroom with another remodeled Full bath that you could use as primary suite as well. Brand new interior paint throughout the home. New windows. New roof and gutters 2 yrs ago. New garage door. Newer Furnace, central air and water heater. Brand New Radon Mitigation System! Deck to do those BBQ's. Lots of yard space in backyard for kids, pets, and Entertaining! Sprinkler front and back. Low maintenance front yard. Public park across the street from back yard gate access. Sought after Cherry Creek school district close to schools. No HOA. Culdesac Location. Room to park RV, Boat, trailer on side of home. Minutes to Cherry Creek Park. What are you waiting for? Come take a look today! You won't be disappointed!

4775 S Olathe St, Aurora

$360,000

4 Beds ⋅ 2 Baths ⋅ 1068035 MLS ⋅ ACTIVE UNDER CONTRACT Status

**Tenant occupied with a lease in place through June 2027** Positioned in the established Pheasant Run neighborhood, this tenant-occupied bi-level home presents an excellent opportunity for investors seeking an income-producing property with a practical floor plan and desirable amenities. With 4 bedrooms and 2 bathrooms, the home offers flexibility and abundant living space. The main level features a welcoming living area, two spacious bedrooms, a kitchen with convenient access to the rear deck, and an updated bathroom. Downstairs, the finished lower level expands the living space with a generous family room, two additional bedrooms, and another updated bathroom. Outside, the property continues to deliver with a large fenced backyard, ideal for outdoor enjoyment, plus a 2-car garage providing valuable parking and storage. The property is currently leased at an attractive rental rate through June 2027, providing the next owner with immediate rental income and a defined lease term. The home is occupied by a great tenant who has cared for the property, making this an appealing turnkey investment opportunity. Adding even more value for investors, there is no HOA and no monthly association dues, allowing more of the rental income to stay in the owner's pocket. With a desirable neighborhood, established tenancy, attractive rental rate, and no HOA expense, this property offers a compelling opportunity to add a solid income-producing asset to an investment portfolio.

117 43rd Ave Ct, Greeley

$474,900

4 Beds ⋅ 3 Baths ⋅ 7210277 MLS ⋅ ACTIVE Status

Welcome to this beautifully updated tri-level home nestled in Aurora's highly desirable Pheasant Run community and located within the award-winning Cherry Creek School District. From the moment you step inside, you'll be greeted by a bright, sun-filled open-concept living space that seamlessly connects to the spacious kitchen, featuring abundant cabinetry, generous counter space, and a charming designated dining area-perfect for morning coffee, casual meals, or gathering with loved ones. Just a few steps down, the expansive lower-level family room offers a warm and inviting retreat, highlighted by a cozy wood-burning fireplace and large windows that fill the space with natural light. Upstairs, the spacious primary suite provides a peaceful private sanctuary complete with a dedicated three-quarter bathroom and ample closet space. Two additional well-appointed bedrooms and a full guest bathroom complete the upper level, offering comfortable accommodations for family or guests. The finished basement provides even more versatile living space, featuring a second recreation room ideal for a home theater, fitness area, playroom, or flex space. Step outside to the covered back deck and discover an impressive, fully fenced backyard offering plenty of room for summer barbecues, gardening, entertaining, or outdoor play. Additional highlights include an attached two-car garage, durable 2022 roof, and an exceptional location just minutes from parks, scenic trails, shopping, dining, and everyday conveniences. Thoughtfully designed with space, comfort, and functionality in mind, this move-in-ready home is an opportunity you won't want to miss.

4586 S Fraser Way, Aurora

$445,000

3 Beds ⋅ 3 Baths ⋅ 7801595 MLS ⋅ ACTIVE Status

Welcome to 4626 West 1st Road located in Pheasant Run Community of Greeley. Beautifully well kept, truly turn-key home where modern efficiency meets comfort. This property stands out for its suite of high-value upgrades that deliver real peace of mind and year-round convenience. The entire interior has been freshly painted, creating a bright, clean canvas ready for your personal style. Vaulted ceilings and skylights fill the home with abundant natural light, enhancing the open, airy feel. Kitchen and bathrooms are complimented with granite countertops. Microwave with vent over the oven A wood-burning fireplace and pellet stove add cozy warmth and ambiance, while an updated bathroom brings modern functionality to daily living. Climate control has been completely modernized with a brand-new mini-split system that provides efficient, zone-specific heating and cooling tailored to how you actually live. Reliable utility performance is further ensured by a brand-new water heater and a fully updated high-efficiency boiler system, as well as insulation added in 2024- so you can count on worry-free comfort through Colorado's cold seasons and beyond. A security system adds an extra layer of peace of mind. Outside, the oversized garage offers abundant space for vehicles and storage, complemented by a storage shed for additional organization. The private back patio is beautifully framed by a mature blue spruce, creating a secluded outdoor retreat, while an apple tree adds seasonal charm. Sprinkler system in place for easy watering. A three-year-old hot tub invites year-round relaxation right in your own backyard. With solid structural integrity, optimal climate control, thoughtful outdoor features, and a contemporary refresh already complete, this home is ready for its next chapter. It's an excellent choice for discerning buyers who want top-tier functionality and comfort. Great charter school options in the area!

4626 W 1st St Rd, Greeley

$339,750

3 Beds ⋅ 2 Baths ⋅ 3952984 MLS ⋅ ACTIVE Status

Very nice ranch style home with full basement. Enter this lovely home and experience the open floor plan. Bay wildow in living room, Spacious dining area which leads out to a very large fully fenced back yard. Enjoy cooking in the large kitchen that is open to the dining area and has a window looking out to the back yard. there is a 3/4 bath and two large bedrooms on this level. Proceed down stairs to the large family room, with a very large bedroom with plenty of closet space. Seperate utility room and a full bathroom. there is a large additional room for gaming, storage or that could be made into another bedroom. Relax in the very large back yard with mature trees and plenty of space for out doo0r activities. Seller recently installed a hot water heater and had a new roof put on

5265 Hunters Run, Colorado Springs

$430,000

4 Beds ⋅ 2 Baths ⋅ 8109999 MLS ⋅ ACTIVE Status

Fresh Price. Fresh Opportunity. Motivated Sellers! Major updates, a finished basement, and exceptional value-this move-in ready 4-bedroom, 2-bath home is packed with improvements that today's Homeowners will appreciate. Enjoy peace of mind with newer HVAC systems, newer kitchen appliances, and a sewer line replacement, saving you thousands in future maintenance costs. Inside, the main living areas have been refreshed with new flooring (2025), creating a bright and welcoming space that's ready to enjoy from day one. The finished basement adds valuable living space with an additional bedroom, full bathroom, and flexible area perfect for guests, a home office, gym, or media room. Outside, the newly xeriscaped front yard (2025) provides beautiful curb appeal while keeping water bills and maintenance low. The spacious backyard offers plenty of room for entertaining, pets, gardening, or play. Conveniently located near parks, shopping, restaurants, and within the highly sought-after Cherry Creek School District, this home combines smart updates, functional living space, and an unbeatable location. With all of the major improvements already completed, all that's left to do is move in and make it your own. $10,000 SELLER CREDIT! Seller is offering a $10,000 credit at closing toward the cost of needed roof repairs. Buyer can use the credit toward the roof work after closing with their preferred contractor. Schedule your showing today and see everything this home has to offer before it's gone. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

4708 S Ouray Way, Aurora

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