UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,492 sqft
Price per Sqft $248
Subdivision Home Place Ranch
MLS Listing ID 8440411
Style Contemporary
Bedrooms 4
Full Baths 3
HOA Fees $180/mo
HOA Y/N Yes
Year Built 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
~Here's the story: Sellers purchased this home new from the builder in 2024 for $747,000 and have since invested approximately $30,000 in additional improvements, including premium turf and fencing. Today, it is offered at $620,000—$127,000 less than the original purchase price plus those improvements. That is an exceptional opportunity for todays buyer looking for new construction quality and instant value.
~The reason? This is a short sale due to a change in the sellers' circumstances—not because of the condition of the home. The home remains beautifully maintained and looks just as it does in the photos.
~And the home itself is special. Set on one of Home Place Ranch's coveted walkout lots, it captures breathtaking Pikes Peak and Front Range views from a custom oversized deck. The 4-bedroom, 3-bath ranch features an open-concept main level, GE Café appliances, quartz finishes, luxury flooring, a spacious primary suite, and a finished walkout basement with wet bar, beverage center, additional living space, and direct access to the patio and premium turf.
~The low-maintenance lifestyle is another standout: the HOA covers lawn care + watering, mowing, landscaping, snow removal, and exterior maintenance, while residents enjoy an impressive collection of amenities including a clubhouse, fitness center, pickleball/tennis courts, parks, trails, playgrounds, recreation spaces, and open areas.
~And for buyers navigating the transition from another home, sellers are willing to discuss a pre-occupancy arrangement to help bridge the timing of a short-sale closing, *subject to approval and mutually agreed terms.
If you've been waiting for the opportunity to own a nearly new luxury home in Monument with spectacular mountain views—this is one you need to see! **Selling price is subject to lienholder approval
Location
State CO
County El Paso
Zoning PUD
Direction East
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat, Walk-In Closet(s), Wet Bar
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Electric, Living Room
Appliance Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven, Refrigerator, Washer
Exterior
Exterior Feature Dog Run
Parking Features Attached, Garage
Garage Spaces 2.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired)
Amenities Available Clubhouse, Fitness Center, Park, Playground, Tennis Court(s), Trail(s)
Waterfront Description Public
View Mountain(s)
Roof Type Shingle
Porch Covered, Deck, Front Porch
Private Pool No
Building
Lot Description Landscaped, Master Planned
Faces East
Story One
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
School District Elementary: Lewis-Palmer 38, Middle/Junior: Lewis-Palmer 38, High: Lewis-Palmer 38
Others
HOA Fee Include Maintenance Grounds,Snow Removal
Senior Community No
Tax ID 61302-01-089
Special Listing Condition Short Sale
Virtual Tour https://www.zillow.com/view-imx/3875c887-5bca-40c4-9f98-05d2d7e4b199?wl=true&setAttribution=mls&initialViewType=pano
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
GET MORE INFORMATION
MORTGAGE CALCULATOR
Mortgage Help
Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.
Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.
Property Tax Rate
The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.
Home Insurance
Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.
HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.
More Transparancy, More Control.
Experience a revolutionary level of industry transparency and autonomy. Click here to simplify the home-buying process with a prequalification letter, and begin the journey to home ownership today!