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400 Valley Crescent St, Palmer Lake
$1,675,000
5 Beds ⋅ 5 Baths ⋅ 4,459 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Short-term rentals are allowed and owners will consider a lease purchase at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka’s designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area. The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail. Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way—an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.

400 Valley Crescent St, Palmer Lake

Courtesy of Engel & Volkers Denver. 720-309-3014

25 Sailing Way, Palmer Lake
$550,000
5 Beds ⋅ 3 Baths ⋅ 2,230 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Welcome to this beautifully updated 5-bedroom rancher with breathtaking views in historic Palmer Lake, now priced to make it yours. Tucked away on a quiet cul-de-sac, this home offers the perfect blend of peaceful living and everyday functionality. From the moment you step inside, you’ll notice the vaulted ceilings, engineered wood flooring, and a light-filled layout designed for connection and entertaining. The updated kitchen features quartz countertops, stainless steel appliances, and a stylish subway tile backsplash, opening seamlessly to a dining space that easily accommodates gatherings of 10+. The inviting living room centers around a cozy gas fireplace and walks out to a spacious deck, perfect for taking in mountain views and the iconic Palmer Lake Star. With two primary suites, this home offers flexibility for multi-generational living, guests, or short-term rental potential. The garden-level basement is filled with natural light and provides additional space for recreation, media, or relaxation. Step outside to a south-facing deck and fenced backyard where you can garden, keep chickens, or simply enjoy the Colorado lifestyle with frequent wildlife sightings. No HOA. No covenants. Just freedom and opportunity. Located just blocks from the Palmer Lake Recreation Area and National Forest trails, you’ll have access to paddle boarding, hiking, biking, pickleball, and year-round community events. Zoned for award-winning Lewis-Palmer School District and offering easy access to I-25. This property has been operated as a successful short term rental. All furniture and washer and dryer are negotiable. This is one of the best values currently available in Palmer Lake. Opportunities like this don’t last, schedule your showing and see the difference for yourself.

25 Sailing Way, Palmer Lake

Courtesy of Exp Realty LLC. 888-440-2724

Buena Vista Avenue, Palmer Lake
$160,000
ACTIVE UNDER CONTRACT Status
Build your dream home, or possibly two. This is a collection of four platted lots totaling approximately 11,024 SF. Together the lots have approachable access from Buena Vista with a gentle slope that would likely work for a walk-out basement. The views of the surrounding mountains and rock formations are stunning. Walk through the charming Glen Park neighborhood and down to the Reservoir Trail. Enjoy the tight-knit community of Palmer Lake while being just a short drive to Monument, Colorado Springs, and the Denver Tech Center. The adjacent house at 347 Buena Vista is also for sale. Public water and sewer is available. Contact Palmer Lake for details and pricing regarding taps.

Buena Vista Avenue, Palmer Lake

Courtesy of Trent Properties Group. (719) 630-1600


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