Neighborhood Guide

Waterview

Colorado Springs, CO 80911

Data Verified: Jul 5, 2026

About this Area

Waterview, a serene and scenic neighborhood in Colorado Springs, is a hidden gem that offers residents a unique blend of natural beauty, modern convenience, and a strong sense of community. Established in the late 20th century, Waterview was designed to capitalize on its prime location along the banks of the Fountain Creek, offering breathtaking views of the waterway and the surrounding landscape. The neighborhood's history is marked by its commitment to preserving the area's natural beauty, with a strong emphasis on open spaces, parks, and recreational opportunities. Waterview is characterized by its winding streets, lush greenery, and a diverse mix of architectural styles, ranging from contemporary homes to charming ranch-style houses. Residents enjoy a relaxed, outdoor-oriented lifestyle, with easy access to hiking and biking trails, as well as a variety of local parks and recreational facilities. The neighborhood's strong sense of community and commitment to sustainability make it an attractive destination for homebuyers seeking a peaceful retreat with all the conveniences of modern living.

Waterview's real estate market is a testament to its desirability and unique appeal, with a median home value of $348,900 reflecting the neighborhood's strong demand and limited inventory. The area is renowned for its stunning architectural styles, ranging from modern, energy-efficient homes to spacious two-story houses and cozy bungalows, many of which feature expansive lots, private yards, and panoramic views of the Fountain Creek or the majestic Rocky Mountains. Lot sizes in Waterview typically range from 0.25 to 0.75 acres, offering ample space for outdoor living, gardening, and entertaining. The real estate market in this sought-after neighborhood is highly competitive, with homes often receiving multiple offers and selling quickly, making it an ideal investment opportunity for those seeking to capitalize on the area's strong appreciation rates and enduring appeal.

Waterview is a haven for outdoor enthusiasts and families alike, boasting an impressive array of amenities and recreational opportunities right at residents' doorsteps. The neighborhood is home to the expansive Fountain Creek Regional Park, a sprawling 90-acre recreational area with hiking and biking trails, picnic areas, and a playground, as well as the nearby Pikes Peak Greenway Trail, a scenic 21-mile paved path that winds through the heart of Colorado Springs. For shopping and dining, Waterview offers convenient access to the Fountain Valley Shopping Center, featuring a variety of local and national retailers, as well as popular restaurants and cafes. The neighborhood is also served by the wide-reaching Widefield School District 3, which boasts a strong reputation for academic excellence and innovative programs, ensuring a top-notch education for local children. Additionally, Waterview is home to the Waterview Community Center, a hub for local events, classes, and social gatherings, fostering a strong sense of community among residents.

Waterview, Colorado, is an exceptional choice for homebuyers seeking a peaceful, nature-inspired lifestyle with a strong sense of community and abundant recreational opportunities. With a median income of $78,105, residents enjoy a comfortable standard of living and a low cost of living compared to other upscale neighborhoods in Colorado Springs. The neighborhood's strategic location provides easy access to major employment hubs, including downtown Colorado Springs, Peterson Air Force Base, and Fort Carson, with commute times typically ranging from 15 to 30 minutes. Waterview's prestigious housing market, top-rated schools, and abundance of amenities make it an ideal place to raise a family, entertain guests, and enjoy the beauty of nature. Whether you're drawn to its scenic beauty, outdoor recreation, or strong sense of community, Waterview offers a unique blend of tranquility, convenience, and opportunity that is hard to find elsewhere.

Homendo Valuation Index
Quality of Life 92
Environment 94
Education 92
Safety 89
Demographics
Population
34,296
Density
2,200
Median Age
35.5
Income
$78,105
StatisticZipCityCountyStateUSA
Population 34,296 483,099736,0085,810,774332,387,540
Median Age 35.5 35.635.037.538.7
People per Household 2.80 2.392.522.452.54
Median Household Income $78,105 $83,198$87,470$92,470$78,538
Avg Income per Capita $32,942 $44,893$44,250$50,489$43,289
Real Estate Market
Median Value
$348,900
Median Rent
$1,409
Available
221
MetricZipCityCountyStateUSA
Median Sale Price$348,900$420,700$431,000$502,200$303,400
Median Age of Home4639373845
Homes Owned79.7%58.7%63.3%60.6%58.2%
Homes Rented17.9%37.0%32.1%30.8%31.3%
Homes Vacant2.5%4.4%4.6%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index106.0106.0106.0106.0100.0
Commute Time (min)23.822.823.525.526.6
Work from Home11.6%16.1%15.4%18.8%13.5%
Climate
Jan Low
20.0°
July High
88.0°
Rain
12.1"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)20.020.020.020.020.0
July Avg High (°F)88.088.088.088.088.0
Annual Precip (in)12.112.112.112.112.1
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Waterview

Waterview is an accessible entry-point into the CO real estate market located in Colorado Springs. The neighborhood is characterized by a very high stability rate, with 79.7% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 35.5), creating a unique community atmosphere. With a median household income of $78,105, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Waterview is currently active. The median home value stands at $348,900, reflecting the desirability of the Colorado Springs area. For investors or those looking to lease, the median rent is approximately $1,409.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 2.5%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Waterview holds a Homendo Safety Score of 89 and an Environmental Quality Score of 94. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Colorado Springs region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Waterview is rated at 92 on the Homendo Index. Located within the El Paso County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
19
Bike
Somewhat Bikeable
23
School Ratings

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