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7404 Paleo Way, Colorado Springs, CO, 80908

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,856 SqFt
$298/SqFt
House

Location

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7404 Paleo Way, Colorado Springs$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built2001
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceBasement, Gas, Main Level, Stone, Two
ViewMeadow, Mountain(s), Rural
MLS #1994219
Lot Size5.00 Acres
StatusActive

About 7404 Paleo Way

Are you yearning for serene wide-open spaces, luxurious amenities, and a perfect setting for entertaining, all while soaking in breathtaking views? Welcome to your private utopia, where you can enjoy the best of Colorado Springs' stunning sunrises and sunsets from any of your three decks. Nestled in a peaceful cul-de-sac bordering expansive open space and a tranquil community lake, this magnificent 5-acre estate offers unmatched serenity and privacy. The open-concept great room, adorned with solid wood floors and vaulted ceilings, provides a welcoming atmosphere for relaxation or lively gatherings. The upgraded kitchen, featuring a two-tiered breakfast bar and gleaming granite countertops, is a chef's delight, making meal preparation a pleasure. Retreat to the luxurious primary suite, complete with a private balcony, an elegant 5-piece bath, and a spacious walk-in closet with custom built-ins. Downstairs, the expansive family room invites you to continue the evening with its cozy fireplace and built-in wet bar, offering endless possibilities for entertainment and relaxation. Two additional bedrooms, each with walk-in closets, provide ample space and privacy for family or guests. The home's functionality is enhanced by a well-appointed laundry/mudroom with abundant storage, an oversized 3-car garage with a workshop area, 8-foot doors, and 220v hookups for all your projects. For equestrian enthusiasts, a 3-stall steel barn with power, water, and a tack room awaits your horses. Complete with automatic sprinklers and a garden drip system, your property backs up to community open spaces with extensive trails and a picturesque lake, perfect for leisurely strolls. All of this is just 15 minutes from the vibrant dining and entertainment scene of Colorado Springs. Don't miss your chance to own this exceptional property that seamlessly blends rural charm with modern convenience. Come and experience the lifestyle you've always wanted!

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Living Area: 2,856 SqFt

Listing Office:

  • Office Name: Davidson Biga Realty, Inc.
  • Office Phone: (719) 522-1222
  • Listing Agent: Devin Hightower

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Wood, Luxury Vinyl
  • Interior: Five Piece Bath, Nine Foot Plus Ceilings, Great Room, Vaulted Ceiling(s)
  • Fireplace: Basement, Gas, Main Level, Stone, Two

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Meadow, Mountain(s), Rural
  • Exterior: Deck, Barn(s)

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Meadow, Views, Rural Area
  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Lewis-Palmer High School, Public District Grades 9-12
  • Lewis-Palmer Middle School, Public District Grades 7-8
  • Ray E. Kilmer Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $298/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,400
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$478K

Med. Price/SqFt

$237

Avg. Days On Market

35

# of Sold Homes

213

7404 Paleo Way vs Colorado Springs

1 DAY ON ROCKET

-34 Days

$850,000

+$372K More

$298/SqFt

+$60 More

KEY TAKEAWAY

This property is $372K more than the Median Sold Price and $60/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Number: #1994219

Listing Office:

  • Office Name: Davidson Biga Realty, Inc.
  • Office Phone: (719) 522-1222
  • Listing Agent: Devin Hightower

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 24, 2021Home Sold
$710,000
Jun 29, 2018Home Sold
$505,000
Jun 11, 2015Home Sold
$400,000
Jul 21, 2010Home Sold
$349,950
Dec 21, 2000Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,400$35,590
2019$2,216$35,590
2018$2,030$31,210
2017$1,403$31,210

History based on county public records data.

Payment Calculator

$4,330

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-173986
8
/10
  • Ray E. Kilmer Elementary School

  • 4285 Walker Rd

  • 3.25 miles

  • Public District Grades PK-6

Middle School

school-card-donut-173987
5
/10
  • Lewis-Palmer Middle School

  • 1776 Woodmoor Dr

  • 9.30 miles

  • Public District Grades 7-8

High School

school-card-donut-173988
8
/10
  • Lewis-Palmer High School

  • 1300 Higby Rd

  • 8.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,646. Typical income of Colorado Springs, CO residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7404 Paleo Way

What is the listing price of this property?

The listing price of 7404 Paleo Way property is $850,000.

What type of property is this?

The property 7404 Paleo Way is a house located in Colorado Springs, Colorado, 80908.

Is this property for sale now?

Active Listing: 7404 Paleo Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7404 Paleo Way are:
Ray E. Kilmer Elementary School: GreatSchools Rating 8/10
Lewis-Palmer Middle School: GreatSchools Rating 5/10
Lewis-Palmer High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,400 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 24, 2021 for $710,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7404 Paleo Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7404 Paleo Way is 2,856 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7404 Paleo Way is 2001.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80908›7404 Paleo Way

This home is located at 7404 Paleo Way in Colorado Springs, CO and zip code 80908 in the Black Forest neighborhood. This 2,856 square foot home, which was built in 2001, sits on a 5.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $850,000.

Colorado Springs, CO housing market in August 2024 saw over 53 listings sold above listed price, more than 59 sold at listed price and over 101 sold below. The number of homes for sale in Colorado Springs, CO increased by 34.5% between July 2024 and August 2024. Listings spent 35 days on the market in August 2024, and had a median list price of $478,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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