411 Lakewood Circle

Experience the charm and history of Colorado Springs from the tallest building in the city — the iconic Satellite Hotel. This one-bedroom, one-bath condo-tel unit offers a unique blend of mid-century modern style and modern convenience. As part of the historic Satellite Hotel, originally opened in 1969 to serve travelers visiting Peterson Air Force Base, this property carries a rich legacy as one of the city’s most recognizable landmarks. Residents enjoy access to all the hotel amenities, including a fitness center, swimming pool, on-site restaurant, lounge, salon, and retail shops—all without leaving the building. The open-concept living space features panoramic mountain and city views, creating an ideal setting for full-time living or investment. Because this is a condo-tel, financing is specialized, but ownership comes with the rare advantage of short-term rental eligibility—a perfect opportunity for those seeking Airbnb or vacation rental income. Whether you’re drawn by its vintage architecture, investment potential, or Colorado Springs history, this property is your chance to own a piece of local heritage in a prime location near shopping, dining, and military bases.