Map of the Broadmoor pocket with the subject and five closed sales pinned
3015 SPRINGMEADOW · $679K
SOLD $958K
SOLD $960K
SOLD $1.04M
SOLD $880K
The Broadmoor · 1.3 mi
D-12 Elementary · 0.5 mi
3015 Springmeadow Drive · Colorado Springs 80906

Broadmoor pocket.$271,000 spread.Full cosmetic.

Five closed sales inside this ring, none more than 0.8 miles out. The closest, remodeled: $958,000, one block away.

Street map of the Broadmoor pocket with the subject and five closed sales pinned
$679K ASK
SOLD $958K
SOLD $960K
SOLD $1.04M
SOLD $880K
SOLD $915K
3015 Springmeadow Drive · Colorado Springs 80906

Broadmoor pocket.$271,000 spread.Full cosmetic.

Every tag on that map is a closed sale. The closest, same floor plan and remodeled, is one block away at $958,000. You are in at $679,000.

$679,000
Asking Price
$271,000
Spread
$950,000
ARV
71%
Of ARV

Full cosmetic. No structural.

It is dated, and that is the point. Under each photo: what you have today, and the plan buyers keep describing for it. The comps below show what the finished version sells for.

Every sale, pinned. Tap one and the page jumps to its card.

Live satellite. Drag, pinch, zoom. Tap any SOLD tag and you land on that comp below, highlighted.

Street view toggle top-right · distances are straight-line from the subject

Why $950,000 is the conservative number.

Five closed sales inside 0.8 miles. Real photos, real prices, straight off the MLS. Tap any card and it opens the live Zillow record in a new tab.

Ours vs. the comps

PropertyBedsBathsSqFtBuiltLotPrice
3015 Springmeadow (ours)333,950*19790.43 ac$679K ask
75 E Cheyenne Mtn Blvd553,97619740.39 acSold $958K
3118 Springdowns Pl544,42619790.45 acSold $1.04M
3012 Springlake Cir E643,84319770.34 acSold $960K
320 Hidden Creek Dr433,96419840.40 acSold $915K
5 El Encanto Dr344,54219540.50 acSold $880K

* 2,658 SF finished today + 1,292 SF unfinished basement = 3,950 SF built out. The bed and SF gap IS the play. The basement buildout closes both to match the pocket.

The Key to the Flip

Two things determine whether a property sells: location and finishes. Here are both, graded, sourced, and priced.

01Location: already handled. It comes with the dirt.
A EquityDispo Location GradeFive criteria, every receipt cited
SchoolsA+#1 school district in Colorado, Cheyenne Mtn D-12 Niche 2026
Areas of InterestAThe Broadmoor, 65 years Forbes Five-Star, 1.3 mi · #2 zoo in America · Quail Lake 0.9 mi Forbes · USA Today
Daily NeedsA−Four grocery stores inside 1.5 mi · coffee at the corner, 0.2 mi OpenStreetMap
SafetyA+Violent crime 15% below the U.S. average. A walk-at-night pocket CrimeGrade data · our grade
WalkabilityC+Coffee and the lake are walkable. Errands are a short drive, normal at this price tier Our read

Four grocery stores inside 1.5 miles. Coffee at the corner.

La Concha BakeryCoffee · Bakery0.2 mi
SafewayGrocery1.1 mi
WalgreensPharmacy1.2 mi
King SoopersGrocery1.3 mi
SproutsOrganic Grocery1.3 mi
Natural GrocersOrganic Grocery1.4 mi
TargetRetail · Pharmacy1.4 mi
Walmart SupercenterBig Box2.4 mi
Straight-line distances · locations from OpenStreetMap
02Finishes: the job. Must-do first, high-end if you want it.
The pocket's finish standard, pulled from the sold listings 320 Hidden Creek + comp set, per MLS
Wood floors on the mainsUpdated kitchens & countersRemodeled bathsUpdated lightingFinished basementsDeck / outdoor living
Paint & punch-list This flip: full cosmetic + basement buildout Structural / additions
The spec is “updated,” not luxury. Match the comps, don't beat them. Surfaces and one buildout; nothing structural.

Must DoThe baseline. Our $950,000 ARV. The same floor plan with this list done closed at $958,000.

1 · Kitchen: new counters and cabinets, updated not luxury
2 · Remodel all three baths
3 · Wood flooring on the main level. Engineered passes; the sold comps list wood mains
4 · Modern lighting throughout
5 · Finish the 1,292 SF basement. The key move, it carries the ARV
6 · Regrade the drainage, week one
Source: the closed comp listings below. Tap any to verify

High End: Only If You Want ItChases the $1,042,575 ceiling, +$363K over your entry.

+ Gourmet kitchen: island showpiece, quartzite
+ Outdoor living: composite deck, hot tub
+ Designer touches: fireplace, feature lighting
Source: what the $915K to $1.04M sales carried, per MLS
Tap a plan above. Its math and its bar light up
$950,000Exit: our ARV, must-do spec $679,000Your entry = $271,000Gross spread

Before your rehab budget and closing costs; you control both. The base case is our own $950,000 ARV, the same number in the spread above. The upside is the highest price actually paid in this pocket.

Your entry against our ARV and the real closed sales
You enter$679,000
Sold: dated, no updates at all$880,000 +$201K over your entry
Our ARV, must-do list done$950,000 +$271K over your entry
Sold: top of the pocket, high-end option$1,042,575 +$363K over your entry

Same pocket, same era of house. Finishes alone moved the price $162,575. We set the $950,000 ARV under the $958,000 that the same floor plan actually took. You enter below the dated sale with the entire cosmetic budget still in your pocket.

Click here for more info: deal math & full scope breakdown

The road to $950,000 runs through the basement

Every comp in this pocket runs 3,843–4,542 SF with a finished basement. The subject is 2,658 SF finished sitting on 1,292 SF of unfinished space. Finish it and the house lands at 3,950 SF, squarely inside comp territory.

3015 Springmeadow · finished + basement3,950 SF
5 El Encanto Dr · $880,0004,542 SF
3118 Springdowns Pl · $1,042,5754,426 SF
75 E Cheyenne Mtn Blvd · $958,0003,976 SF
320 Hidden Creek Dr · $915,0003,964 SF
3012 Springlake Cir E · $960,0003,843 SF
Finished today · 2,658 SF Unfinished basement · 1,292 SF Closed comps
Kitchen + Baths
Full cosmetic replacement. Dated fixtures throughout. Rip and replace, no reconfiguration required.
Interior
Flooring, paint, and lighting throughout after years as a rental. Straightforward, predictable scope.
Basement Buildout
1,292 SF of unfinished space below grade. This is the value-add. Finished, the house matches the pocket's comp set.
Verify at Walkthrough
Roof, HVAC, and water heater age. Price your walk accordingly.
The One Real Item: Drainage
Grading around the house needs work. We are telling you now, not letting you find it at the walkthrough. No structural issues identified per acquisitions notes. This is site work, not foundation work.
Asking
$679,000
Exit
Flip
Possession
At Closing
Close Date
08 / 10 / 2026

Numbers work? Move.

Call / Text (720) 613-2301

P.S. The floor in this pocket is $880,000, set by a house that sold completely dated. The closest match to this floor plan closed at $958,000 one block away. You are buying at $679,000. That gap is the deal.

Photos Call / Text Now