5540 Parapet Court
Colorado Springs, CO, 80918 $ 1,740,000
Bedrooms6 Baths6.0 Sq 7,068 Monthly Estimate*
$ 10,713
for $1,740,000 with 6 bedrooms and 6 full baths. This 7,068 square foot home was built in 1991 on a lot size of 0.79.
Welcome to your own custom-built private sanctuary, perfectly situated on a large, private lot offering exceptional luxury, privacy, and breathtaking city and mountain views. This completely professionally remodeled and updated home is a rare opportunity for elegant living with incredible multi-generational potential. Professionally landscaped front, back, and side yards create a stunning outdoor setting, complete with new front decking, a fenced area, a spacious 20x12 second patio, and an oversized attached three-car garage. The backyard features a private staircase with direct access to the Sunset Mesa trails, allowing you to enjoy gorgeous panoramic views of Colorado Springs and the surrounding mountains right from your own property. Inside, a grand foyer welcomes you into a thoughtfully designed floor plan featuring a spacious home office suitable for two. The gourmet kitchen is truly a chef’s dream, showcasing custom cabinetry, quartz countertops, a built-in double refrigerator, an eight-burner gas stove, a large center island, and a wine refrigerator. The adjacent dining area features a beautiful bay window overlooking the backyard and offers seamless access to outdoor entertaining with two walkouts—one leading to a covered seating area and the other to the garage entry. The main-level mudroom includes one of two laundry areas, custom tile flooring, and a convenient half bath. The formal living room is warm and inviting with a cozy gas fireplace and two additional walkouts for effortless indoor-outdoor living. The luxurious primary suite offers a private sitting area with one of six fireplaces, a large walk-in closet, a spa-inspired shower, and private outdoor access. Two additional bedrooms and a full bath complete the main level. Upstairs, a bright and versatile flex space offers abundant natural light, generous storage, and a gas fireplace, along with a private bedroom and adjoining 3/4 bath—perfect for guests or extended family. The basement is ideal for multi-generational living, featuring its own private entrance, full kitchen, laundry room, seating area, inviting fireplace, and a tranquil five-piece bath. Additional living space, another full bath, and an additional bedroom provide even more flexibility. Behind a concealed bookcase door, discover a private theater room, or relax and rejuvenate in your own infrared sauna. With two kitchens, two laundry areas, six fireplaces (three gas and three electric), abundant living space, and unmatched privacy throughout, this home offers a truly exceptional lifestyle. Conveniently located near Norwood Recreation Center, residents enjoy access to amenities including a pool, tennis courts, and outdoor grilling areas. This extraordinary property is the perfect multi-family home and a must-see opportunity.
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FeaturesGeneralUtilities Electricity Connected Natural Gas Connected
Roof Tile
Appliances 220v in Kitchen Dishwasher Disposal Double Oven Dryer Gas in Kitchen Kitchen Vent Fan Microwave Oven Other Refrigerator Washer
Water Municipal
Assoc Fees 40.00
Number of Garage Spaces 3
School District Colorado Springs 11
Construction Status Existing Home
Property Type Residential
Yearly Taxes 3453.00
Tax Year 2024
Status Active
Sub Type Single Family
Covenants Y/N 1
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ExteriorSiding Stucco
Garage Type Attached
Driveway Concrete
Structure Framed on Lot
Lot Size 0.7900
Foundation Walk Out
Lot Description Backs to Open Space Cul-de-sac
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InteriorFull Baths 3
Floor Plan 2 Story
Half Baths 1
Three Quarter Bath 2
Laundry Facility Basement Main
Fireplace Basement Electric Gas Main Level Upper Level
Total Baths 6
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* Excluded FeaturesList Bydawnandmarkhaisley@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,713
- Monthly Property Taxes
- $288
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $648,354
Percent of Sale Price 63%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/27/2026 | $1,740,000 | -2.79% | Price Down |
| 3/23/2026 | $1,790,000 | -3.24% | Price Down |
| 2/16/2026 | $1,850,000 | | Listed Price |