518 Observatory Drive Colorado Springs, CO $ 299,900
518 Observatory Drive
$ 299,900
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518 Observatory Drive

Colorado Springs, CO, 80904
$ 299,900
Bedrooms2 Baths2.0 Sq 1,212

Monthly Estimate*

$ 1,847

Listed by LIV Sotheby's International Realty
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Condo for sale in Colorado Springs, CO

for $299,900 with 2 bedrooms and 2 full baths. This 1,212 square foot condo was built in 1984.

Ease of living meets elevated Westside style in this beautifully refreshed residence at Promontory Point Condos. Ideally positioned for connection to downtown Colorado Springs, OCC, and miles of nearby trails including Garden of the Gods and Red Rock Canyon, this home offers a lock-and-leave lifestyle with access to the very best of the Westside. Inside, a light-filled open layout is anchored by a wood-burning fireplace, with authentic wood details adding warmth and Colorado character. Fresh interior paint, new upgraded carpet, and thoughtful updates create a clean, modern feel throughout. The kitchen features granite countertops, classic subway tile, a new stainless faucet, and an apron-front sink, with all appliances included for ease of move-in. Just beyond, enjoy the private deck off the open living area—an ideal setting to elevate your morning coffee with views of Pikes Peak. A thoughtful separation of space enhances livability, with a main-level bedroom with a private balcony and full bath ideal for guests or flexible use. Upstairs, the enclosed loft creates a private primary suite with its own en-suite bath, mountain views, and an alcove perfect for a home office or quiet reading space. The tandem two-car garage provides ample storage with extra depth for bikes, gear, and all your Colorado adventures. A rare opportunity tucked within one of the Westside’s most accessible enclaves—where lifestyle, location, and low-maintenance living align.

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Condo Active

Price

$ 299,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 912

Style

Low Rise (1-3)

Year Built

1984

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

7754855

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities Electricity Connected
Possession Negotiable
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Range Refrigerator Washer
Zoning R-5
HOA Fee 395
Garage Spaces 2
Association Fee Includes Maintenance Structure Snow Removal Trash
Construction Materials Frame Stucco
Exclusions Seller's Personal Property
Year Built 1984
Levels Two
Property Subtype Condominium
Tax Year 2024
Ownership Individual
Assoc Fee Paid Per Monthly
County El Paso
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Promontory Point
Full Baths 2
Status Active
Directions 1-25 to West Bijou west to N Spruce Street turn right left on W Boulder St (turns into Manitou Blvd) left on Praderia left on Observatory Dr into the first guest parking on the left. Head to unit 518
High School Coronado
City Colorado Springs
Association Name Promontory Pointe/Warren Management
Entry Location Ground
Senior Community Y/N N
High School District Colorado Springs 11
Carport Spaces 0
Listing Terms Cash Conventional VA Loan
Elementary School Bristol
Tax Annual Amount 912
Middle/Junior High School Holmes
Virtual Tour https://brokerageengine.s3.us-east-1.amazonaws.com/listing-media/livsir/1776879764304_ee50bcc8-b5bc-44be-a892-a5d4b5948264_518-Observatory-Dr---UNBRANDED.mp4
Structure Type Low Rise (1-3)
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
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Interior
Flooring Carpet
Total Fireplaces 1
Fireplace Features Living Room
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 1212
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Unit
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
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Exterior
Parking Features Tandem
Water Source Public
Total Parking 2
Lot Size Area 0
Building Area Total 1212
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Liv Sotheby's International Realty

Broker

(719) 598-5101

Phone

Affordability Calculator

$1,923
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$76
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.
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Nearby
3620726 Elementary School
3043142 Middle School
Coronado High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$299,900 Listed Price

Map


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518 Observatory Drive, Colorado Springs, CO, 80904 is a Condo for sale at $299,900 with 1,212 sqft. 518 Observatory Drive has 2 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 80904 which is in Colorado Springs, CO