703 Platt Lane Palmer Lake, CO $ 980,000
703 Platt Lane
$ 980,000
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703 Platt Lane

Palmer Lake, CO, 80133
$ 980,000
Bedrooms5 Baths3.1 Sq 3,805

Monthly Estimate*

$ 6,188

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Single Family Home for sale in Palmer Lake, CO

for $980,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,805 square foot home was built in 2001 on a lot size of 1.

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.

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Single Family Active

Price

$ 980,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 3,910

Style

Single Family

Lot Size

1

Year Built

2001

Town/City

Palmer Lake

County/Region

El Paso

MLS | Web ID

8121847

Features
General
Living Area 3805.0
Sewer Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Telephone
Roof Composite Shingle
Appliances Cook Top Dishwasher Disposal Double Oven Dryer Gas in Kitchen Microwave Oven Refrigerator Washer
HOA Fee 0.0
Patio/Porch Features Composite Wood Deck
Year Built 2001
Miscellaneous High Speed Internet Avail. RV Parking Window Coverings
Property Subtype Single Family
Tax Year 2025
Parcel Number 7108123007
Assoc Fee Paid Per Not Applicable
County El Paso
Property Type Residential
HOA N
Other Structures Storage Shed
Full Baths 2
Status Active
High School Palmer Ridge
City Palmer Lake
High School District Lewis-Palmer-38
Lot Size Units Acres
Lot Size Square Feet 43560.0
Elementary School Palmer Lake
Property Attached Y/N N
Tax Annual Amount 3910.55
Middle/Junior High School Lewis Palmer
Lot Description 360-degree View Corner Cul-de-sac Mountain View
MLS Area Minor Platts
Additional Parcels Y/N N
Assessments Y/N N
Structure Type Frame
Standard Status Active
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Interior
Interior Amenities 5-Pc Bath Great Room
Basement Full Basement Walk Out
Flooring Carpet Ceramic Tile Wood Laminate
Fireplace Features Gas Main Level One
Entry Wood Laminate
Window Features Vinyl
Above Grade Finished Area 2087.0
Half Baths 1
3/4 Baths 1
Laundry Features Basement Electric Hook-up Main
Total Bedrooms 5
Total Baths 4
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Exterior
Siding Wood
Fencing Rear See Prop Desc Remarks
Water Source Municipal
Total Parking 4.0
Driveway Concrete Gravel
Garage Type Attached Detached
Lot Size 1.0
Building Area Total 4158.0
Lot Size Acres 1.0
Road Frontage Type City/Town Road Driveway Gravel
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* Excluded Features
List By
The Platinum Group

Broker

719-536-4444

Contact

Affordability Calculator

$6,514
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,188
Monthly Property Taxes
$326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5519588 Elementary School
5519540 Middle School
Palmer Ridge High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2026$980,000 Listed Price

Map


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703 Platt Lane, Palmer Lake, CO, 80133 is a Single Family Home for sale at $980,000 with 3,805 sqft and a lot size of 1. 703 Platt Lane has 5 bedrooms, 3.1 baths, and was built in 2001. The property's zip code is 80133 which is in Palmer Lake, CO