August 06, 2026

Homes in Banning Lewis Ranch move quickly, and the ones that move fastest are usually the ones where the previous owners already did the work. That is exactly what this two-story on a cul-de-sac corner lot represents. Hardwood floors, a finished basement, a ready-to-use home theater, whole-house audio and ethernet, and brand new heating and cooling all in one home at $540,000.

A Cul-De-Sac Corner Lot Next to a Park

Lot position is one of the few things about a home that cannot be changed later, and this one sits well.

The home occupies a corner lot on a cul-de-sac, which means less through traffic than a standard street position. A walking path and a park sit directly next door. For anyone who values open space just outside the door without taking on the maintenance of a larger lot, this is a strong setup.

An auto sprinkler system and a storage shed keep the yard low effort, and the covered back deck comes with a privacy screen and a gas fire pit. It functions as an outdoor living room rather than a slab you walk across on the way to the grill.

Upgrades That Took Years to Accumulate

The finish level here is the story. These are the kinds of improvements homeowners add one at a time over years of ownership.

The main level carries hardwood floors, nine-foot-plus ceilings, and a great room layout, with laundry on the main level rather than tucked in the basement. The kitchen is set up for real cooking with a gas stove, granite countertops, stainless steel appliances, and a breakfast bar.

Behind the walls, the home is wired with whole-house speakers and whole-house ethernet, and the infrastructure for solar is already in place if a future owner wants to add it. Hardwired internet throughout matters more than it used to for anyone who works from home or has multiple people streaming at once.

The oversized two-car garage includes ceiling-mounted heavy duty pulley shelving, which turns overhead space into real storage.

Three Levels of Living Space

Upstairs, three bedrooms sit alongside a loft that works as a second gathering area, a study space, or a home office. The primary suite includes a five-piece bath with a double vanity topped in quartz, a glass-enclosed shower, and a soaking tub. Upgraded carpet runs throughout the upper level.

The finished basement adds meaningful square footage rather than just a bonus room. It holds a great room, a full bedroom, a full bath, and a large unfinished storage room where the metal shelves stay. Nine-foot ceilings run down here as well, and large egress windows with covered window wells bring in natural light, so it reads as living space instead of a basement.

The projector, screen, and in-ceiling speakers are all included. The theater is ready to use on day one.

The Systems Are Already Handled

Buyers looking in this price range often find themselves budgeting for a furnace or a roof within the first few years. Not here.

The AC and furnace were both installed in 2026, the water heater in 2019, and the roof in 2017. Those are the three biggest ticket items in any home, and all three are recent. That removes a common source of inspection negotiation and a common source of unexpected expense after closing.

Banning Lewis Ranch Amenities

Banning Lewis Ranch remains one of the most amenity-rich communities in Colorado Springs. Residents have access to a pool, a fitness center, a clubhouse, a dog park, and an extensive trail system. The community continues to draw buyers who want newer construction and built-in recreation on the east side of town.

Schedule a Showing

At $540,000, this home combines a strong lot position, a finish level that is difficult to replicate, and mechanical systems that will not need attention for years. If you would like to walk through it, reach out to the Treasure Davis Team.

Treasure Davis Team | eXp Realty Who represents you matters.

Schedule a Showing