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Cody James

cody.james@engelvoelkers.com +1(719) 419-4655

Listed by Suzanne Holland GRI The Platinum Group

$ 980,000

Est. payment -/mo

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703 Platt Lane Palmer Lake, CO 80133

5 Beds

4 Baths

4,158 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,158 sqft

Price per Sqft $235

MLS Listing ID 8121847

Bedrooms 5

Full Baths 2

Half Baths 1

Construction Status Existing Home

Year Built 2001

Annual Tax Amount $3,910

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Single Family

Source Pikes Peak REALTOR® Services

Land Area 4158

Property Description

Exceptional flexibility meets Palmer Lake living in this updated farmhouse ranch style home on a full acre—currently operating as a successful Airbnb and configured for multigenerational living. Tucked away with mountain views to the west, rock formations to the north and city lights to the east, the property offers two distinct living areas and room to spread out. The open main level is designed for everyday living and entertaining offering 3 bedrooms (one non conforming), an office, 3 baths and laundry right off the oversized garage . The large renovated kitchen opens directly to the great room, while large sliding doors bring in natural light and lead to an expansive Trex deck. The main level offers three bedrooms, one non-conforming, plus an office currently used as an additional bedroom and a private primary suite. The finished walkout lower level adds exceptional versatility. A second kitchen, oversized secondary primary suite with zero-entry shower, two additional bedrooms and a large family/game room create comfortable space for extended family, guests or rental use. Warm rustic finishes and built-in shelving add character, and the lower level can be closed off from the main residence when desired. Walkout access leads to the newly built oversized single-car garage, providing parking, workshop or storage space. Outside, enjoy coffee on the covered wraparound front porch, entertain on the back deck, or enjoy the lower patio and fenced backyard. Garden planters, a detached storage shed and an in-ground trampoline are just the beginning of what is possible in this outdoor space. Whether you're looking for a multigenerational home, an established short-term rental, a full-time residence with flexible guest space—or a combination of all three—this property offers options that are hard to find. Palmer Lake's trails, recreation, dining and small-town charm are all close by.

Location

State CO

County El Paso

Rooms

Basement Full Basement, Walk Out

Interior

Interior Features 5-Pc Bath, Great Room

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Ceramic Tile, Wood Laminate

Fireplaces Type Gas, Main Level, One

Furnishings Existing Home

Window Features Vinyl

Appliance Cook Top, Dishwasher, Disposal, Double Oven, Dryer, Gas in Kitchen, Microwave Oven, Refrigerator, Washer

Laundry Basement, Electric Hook-up, Main

Exterior

Parking Features Attached, Detached

Garage Spaces 4.0

Fence Rear, See Prop Desc Remarks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone

Roof Type Composite Shingle

Porch Composite, Wood Deck

Road Frontage City/Town Road, Driveway, Gravel

Building

Lot Description 360-degree View, Corner, Cul-de-sac, Mountain View

Sewer Sewer

Water Municipal

Construction Status Existing Home

Schools

Elementary Schools Palmer Lake

Middle Schools Lewis Palmer

High Schools Palmer Ridge

School District Lewis-Palmer-38

Others

Tax ID 7108123007

Miscellaneous High Speed Internet Avail.,RV Parking,Window Coverings

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

NEARBY SCHOOLS & PROPERTIES

Cody James

Advisor

+1(719) 419-4655

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