Charming and Updated 1940s Ranch Home with Historic Connection! This meticulously updated 1940s ranch home nestled in the heart of downtown Colorado Springs! What sets this property apart is its unique connection to Nikola Tesla's Colorado Springs laboratory, which once occupied this very site in 1899. Step inside this beautiful home to find a thoughtfully designed open floorplan, complete with a gourmet kitchen which includes granite counters, gas range and stainless steel appliances. Butlers pantry/ dry bar in the dining room. Stunning hardwood flooring throughout the main level and basement, and an expansive R2 lot. The main level features the primary bedroom, a secondary bedroom, and a full bath, providing convenient and comfortable living spaces. The basement offers versatility with a separate entrance, making it perfect for accommodating roommates- adding a kitchen in the basement would be an excellent opportunity for an income-generating property. Within this lower level, you'll discover two additional bedrooms, a 5th non-conforming bedroom that can serve as an office or home gym, a spacious living room, a full bath, and a sizable laundry/storage area. Newly added wood deck and pergola is perfect for outdoor entertaining! This home is a must-see! Enjoy the convenience of being within walking distance to Memorial Park and a short bike ride away from the new Switchbacks Stadium, Olympic Museum, and the Olympic Training Center. Moreover, the neighborhood boasts a collection of stunning turn-of-the-century homes situated along a charming street. Adding to the appeal, the house is perfectly positioned that allows for breathtaking views of Pikes Peak from the backyard. Don't miss the chance to make this charming and historically significant residence your own!