$549,000
$91K PRICE DROP

16 Prairie St Palmer Lake, CO 80133

Estimated payment $3,206/month

Total Views 9,084
4 Beds
2.5 Baths
2,240 Sq Ft
$245 Price per Sq Ft

Highlights

  • Wood Burning Stove
  • Mountainous Lot
  • No HOA
  • Lewis-Palmer Middle School Rated A
  • Corner Lot
  • Front Porch

About This Home

Welcome to your dream home in picturesque Palmer Lake! This beautifully updated 4-bedroom, 3-bathroom home offers 2,240 sq ft of well-designed living space on a generous 1⁄2 acre corner lot. Whether you're growing your family or simply craving more space, this home checks all the boxes. Step inside to find brand-new flooring on the main level, fresh carpet upstairs, and fresh paint throughout—giving the entire home a bright, clean, and modern feel. Enjoy mountain views from nearly every window, filling each room with natural light and tranquil scenery. The main floor boasts a cozy living room and a spacious family/game room, perfect for entertaining or relaxing. Stay warm all winter long with the wood-burning stove that efficiently heats the entire main level. Upstairs, all four bedrooms and the laundry room are thoughtfully located on the same level—ideal for keeping family life simple and connected. Outside, you’ll find a beautifully landscaped yard with a fully fenced 6-ft privacy backyard, and a 3-car detached garage with a fully insulated workshop—ideal for projects or extra storage. Located on a corner lot near some of Palmer Lake’s most popular hiking trails, this home delivers true small-town charm with access to nature right out your door. Enjoy the peaceful setting, friendly community, and walkable access to local cafes, parks, and the lake itself. Just a short drive from Colorado Springs, yet worlds away in feel. Don’t miss this opportunity to own a piece of peaceful Colorado living. **** Take a look at the property video to get a real feel for the flow of the home.

Listing Agent

Stephanie Lee

Lee and Associates Real Estate Inc. Brokerage Email: leeassociatesre@gmail.com,719-963-6032 License #40044198 Listed on: 04/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1993

Lot Details

  • 0.44 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Mountainous Lot

Parking

  • 3 Car Garage
  • Insulated Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Fire Pit
  • Front Porch

Schools

  • Palmer Lake Elementary School
  • Lewis-Palmer Middle School
  • Palmer Ridge High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Trinity Add Palmer Lake Subdivision
  • Foothills

Listing and Financial Details

  • Exclusions: Staging items and Sellers personal property in the garage
  • Assessor Parcel Number 71054-12-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,649

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 2240
  • Exclusions: Staging items and Sellers personal property in the garage
  • Living Area: 2240
  • Directions: 105 West from I25, left on Spring St., Right on Prairie
  • SubdivisionName: Trinity Add Palmer Lake
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Attribution Contact: leeassociatesre@gmail.com,719-963-6032
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace Features: Wood Burning Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame
  • Exterior Features: Fire Pit
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Parking Features: Insulated Garage, Oversized
  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 71054-12-011
  • Lot Size Acres: 0.44
  • Fencing: Full
  • Building Area Total: 2240
  • Lot Features: Corner Lot, Foothills, Landscaped, Mountainous
  • Lot Size Sq Ft: 19250

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2649

MLS Schools

  • Elementary School: Palmer Lake
  • High School: Palmer Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,649 $44,450 -- --
2024 $2,542 $42,480 $13,230 $29,250
2022 $2,007 $28,650 $9,810 $18,840
2021 $2,089 $29,470 $10,090 $19,380
2020 $1,804 $24,450 $9,000 $15,450
2019 $1,795 $24,450 $9,000 $15,450
2018 $1,619 $20,920 $7,650 $13,270
2017 $1,623 $20,920 $7,650 $13,270
2016 $1,545 $19,430 $7,780 $11,650
2015 $1,350 $19,430 $7,780 $11,650
2014 $1,365 $17,510 $7,780 $9,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $549,000 -2.8% $245 / Sq Ft
08/06/2025 08/06/25 Price Changed $565,000 -1.7% $252 / Sq Ft
07/10/2025 07/10/25 Price Changed $575,000 -4.2% $257 / Sq Ft
06/18/2025 06/18/25 Price Changed $600,000 -2.4% $268 / Sq Ft
06/05/2025 06/05/25 Price Changed $615,000 -1.6% $275 / Sq Ft
05/01/2025 05/01/25 Price Changed $625,000 -2.3% $279 / Sq Ft
04/04/2025 04/04/25 For Sale $640,000 -- $286 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $217,400 Stewart Title
Warranty Deed $112,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Open $198,000 Fannie Mae Freddie Mac
Closed $50,000 Credit Line Revolving
Closed $49,000 Credit Line Revolving
Closed $206,563 No Value Available
Previous Owner $176,000 Unknown
Previous Owner $30,500 Stand Alone Second
Previous Owner $123,750 Unknown
Previous Owner $107,250 No Value Available
Source: Public Records

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Source: REcolorado®

MLS Number: 5224905

REcolorado®

APN: 71054-12-011