8428 Cypress Wood Drive
Colorado Springs, CO, 80927 $ 525,000
Bedrooms5 Baths3.1 Sq 2,931 Monthly Estimate*
$ 3,315
for $525,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,931 square foot home was built in 2016 on a lot size of 0.0934.
Welcome to the cutest new listing in Banning Lewis Ranch- Cypress Wood Residence, your next home awaits! Located in one of Colorado Springs’ most desired master-planned communities, this beautiful home offers an abundance of space with 5 bedrooms, 4 bathrooms, multiple loft areas, and plenty of room to make it your own. The main-level bedroom offers great flexibility as a guest room, home office, or additional living space. The bright, open-concept main level is filled with natural light and features hardwood flooring, a cozy electric fireplace, spacious dining area, and kitchen complete with granite countertops and breakfast bar. Upstairs, you’ll love the convenient bedroom layout, additional loft space, and spacious primary suite featuring mountain views, a tiled shower, dual vanity, and impressive walk-in closet. Downstairs, the finished basement is ready for movie nights, game days, and cozy Colorado winter evenings. One of the coolest features is right outside your backyard- a neighborhood park with a pavilion and play area! Enjoy the feeling of an extended backyard without having to mow and maintain all that extra space. Living in Banning Lewis Ranch means access to incredible community amenities, including pools and splash zones, fitness facilities, Vista Water Park, tennis and pickleball courts, dog parks, playgrounds, athletic fields, neighborhood schools, plus more than 75 acres of parks, trails, and open space. With 5 bedrooms, flexible living spaces, mountain views, a finished basement, and a neighborhood park practically in your backyard, this home checks so many boxes. Don’t wait- schedule your private showing today!
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FeaturesGeneralLiving Area 2931.0
Sewer Sewer
Heating Forced Air Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances Dishwasher Double Oven Dryer Gas in Kitchen Microwave Oven Oven Refrigerator Washer
HOA Fee 0.0
Year Built 2016
Property Subtype Single Family
Tax Year 2025
Parcel Number 5309404008
Assoc Fee Paid Per Not Applicable
County El Paso
Property Type Residential
HOA N
Full Baths 2
Status Active
City Colorado Springs
High School District District 49
Lot Size Units SqFt
Lot Size Square Feet 4068.0
Property Attached Y/N N
Tax Annual Amount 4040.81
Lot Description See Prop Desc Remarks
MLS Area Minor Banning Lewis Ranch
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-3d-home/d76212cb-023a-4700-9193-c835b2971532?setAttribution=mls&wl=true&utm_source=dashboard
Assessments Y/N N
Structure Type Frame
Standard Status Active
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InteriorBasement Full Basement
Fireplace Features Electric Main Level One
Above Grade Finished Area 2184.0
Half Baths 1
3/4 Baths 1
Laundry Features Upper
Total Bedrooms 5
Total Baths 4
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ExteriorSiding Stucco
Water Source Municipal
Total Parking 2.0
Garage Type Attached
Lot Size 4068.0
Building Area Total 3130.0
Lot Size Acres 0.0934
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* Excluded FeaturesList ByReal Broker, Llc Dba RealBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,315
- Monthly Property Taxes
- $337
- 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.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $645,434
Percent of Sale Price 23%
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.
5199887 Elementary School
5199888 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $525,000 | | Listed Price |