A Rare and Unique Opportunity in the Heart of the Charming Town of Palmer Lake! The home boasts great views from every Pella Window, including prime views of the brilliant Town Star. Metal roofing on all. Beautiful hardwood floors and knotty pine all lend to a nice mountain vibe. One of the three bathrooms is ADA accessible. No HOA's. The land is flat and the access is on a quiet paved street. This home is very customizable and can be left as a single family dwelling with an attached suite or it could be easily partitioned into two units, creating a perfect long term rental space for an artist or writer or for an AirBnB type short term rental. There is an amazing south exposure porch which is the perfect place to enjoy a BBQ with sunshine and peace, mountain views and fresh air, or just relaxing under the starry sky. There is more outdoor space on a private deck on the east entrance as well as an upstairs balcony. The cute shed will hold your storage, a chicken coop, or it can be converted back into a garage. Would you like even more space? The large adjacent lot is also available for sale, waiting to be your own private oasis, a shop or garage, or even another home. This property has easy access to I-25 right to the front range cities--the perfect blend of accessibility and mountain living. Drive 45 min. to Denver, 15 to the Air Force Academy or 25 to Colorado Springs. Great Lewis-Palmer schools included. The highly rated Lewis-Palmer Schools included and the elementary school is located right in the neighborhood and Palmer Ridge HS is rated 9 out of 10. Besides the Palmer Lake Recreation Area, this fun and artsy historic community also offers great local eateries and restaurants, a library and a museum, the Santa Fe Trail, hikes into Pike Nat'l Forest, pickleball, paddle boarding and ice skating, parks and playgrounds, all easily accessible right from your front door. The aerial photos attached show the perfect location of this home in scenic Palmer Lake.
This property is $40K less than the Median List Price and $37/SqFt less than other homes in Palmer Lake, CO.
Based on homes listed in October 2024
MLS Details
MLS Information:
MLS Number: #7336925
Listing Office:
Office Name: Colorado Realty 4 Less, LLC
Office Phone: (970) 531-7448
Listing Agent: Kathleen Haas
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,987
Per Month
Principal & Interest
$2,920
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,820
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palmer Lake Elementary School
115 Upper Glenway
Distance between this listing and this school0.23 miles
Public District Grades PK-6
8
/10
Lewis-Palmer Elementary School
1315 Lake Woodmoor Dr
Distance between this listing and this school3.79 miles
Public District Grades PK-6
3
/10
Monument Charter Academy
1150 Village Ridge Pt
Distance between this listing and this school4.11 miles
Public Charter Grades PK-5
Nearby Schools
5
/10
Lewis-Palmer Middle School
1776 Woodmoor Dr
Distance between this listing and this school3.17 miles
Public District Grades 7-8
6
/10
Monument Charter Academy Secondary School
4303 Pinehurst Cir
Distance between this listing and this school8.07 miles
Public Charter Grades 6-9
5
/10
The Classical Academy Middle School
975 Stout Rd
Distance between this listing and this school8.86 miles
Public Charter Grades 7-8
Nearby Schools
9
/10
Palmer Ridge High School
19255 Monument Hill Rd
Distance between this listing and this school2.91 miles
Public District Grades 9-12
8
/10
Lewis-Palmer High School
1300 Higby Rd
Distance between this listing and this school4.19 miles
Public District Grades 9-12
9
/10
The Classical Academy High School
975 Stout Rd
Distance between this listing and this school8.86 miles
The neighbors living near this home have an average income of $69,643. The majority of Palmer Lake, CO residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 84 S Valley Rd
What is the listing price of this property?
The listing price of 84 S Valley Rd property is $585,000.
What type of property is this?
The property 84 S Valley Rd is a house located in Palmer Lake, Colorado, 80133.
Is this property for sale now?
Active Listing: 84 S Valley Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,819 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 84 S Valley Rd has 5 bedrooms and 1 full and 2 half bathrooms.
What is the square footage of this property?
The property 84 S Valley Rd is 2,489 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 84 S Valley Rd is 1956.
This home is located at 84 S Valley Rd in Palmer Lake, CO and zip code 80133 in the Tri-Lakes neighborhood. This 2,489 square foot home, which was built in 1956, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $585,000.
The inventory of homes for sale in Palmer Lake, CO between September 2024 and October 2024 increased by 10.5%. In October 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $625,000.
From Rocket Homes Real Estate and based on county public records data.