Palmer Lake, CO Multifamily Home for Sale

Palmer Lake, CO, is a historic mountain community situated between Denver and Colorado Springs. Founded in 1871, this small town offers a rural experience with a variety of things to do, particularly for outdoor enthusiasts. The Palmer Lake Recreation Area, a 36-acre site at the base of Ben Lomand Mountain, is a local highlight, featuring walking paths, hiking, fishing, and kayaking opportunities. Glen Park provides a playground, tennis court, and picnic tables for a more secluded outdoor experience. The town's real estate includes a mix of historic cabins, cottages, modern farmhouses, and ranch-style homes, with prices ranging from the $400,000s to over $1 million. Downtown Palmer Lake is home to locally owned cafes, novelty stores, boutiques, and museums, maintaining a timeless feel with its historic buildings. For larger retailers and chain restaurants, residents can head down Highway 87. The community hosts numerous social events, including the Palmer Lake Wine Festival, Shakespeare In the Park, and annual holiday celebrations like the Yule Log Christmas and Fourth of July fireworks. Young residents attend highly rated schools in the Lewis-Palmer School District 38, including Palmer Lake Elementary School, Lewis-Palmer Middle School, and Palmer Ridge High School, all known for their strong academic and extracurricular programs. Palmer Lake is conveniently located, with Denver an hour away and Colorado Springs just 30 minutes away, accessible via Highway 105 and Interstate 25.