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$270,000
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Property Description
**Charming Two-Bedroom, Two-Full-Bathroom Condo in Promontory Point** Discover this beautifully situated west-side condo featuring stunning Pikes Peak views. With elegant wood floors and an abundance of natural light, this home boasts vaulted ceilings that elevate the living experience. The open layout includes a spacious kitchen, dining, and living room area, complete with a cozy wood-burning fireplace and access to a private balcony-perfect for enjoying those breathtaking views. The main floor hosts a generously sized bedroom with a walk-in closet and an attached bathroom, thoughtfully designed to allow guest access while maintaining privacy. Upstairs, you'll find a loft-style bedroom and bathroom, offering a unique and inviting space. The property includes a two-car tandem garage with an interior entry, ensuring convenience and security while helping to keep utility bills low. Additional storage space is also available. New furnace was installed in 2014. Enjoy the convenience of being within walking distance to Old Colorado City and mere minutes from I-25, Colorado College, and downtown Colorado Springs. The HOA takes care of the beautifully manicured landscape, providing plenty of green space to enjoy, giving you the feel of your own yard.
Full Property Details
Full Property Details for 521 Observatory Dr
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General
- Sold For: $270,000
- HOA FEE: $360/month
- Taxes: $912 (2024)
- Status: Closed
- Type: Townhouse
- Source: MetroList_Colorado
- MLS ID: 5726877
- Added to Site: 314 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
Location
- County: El Paso
- Subdivision: Promontary Point
- Driving Directions: I-25 to Uintah, head west...turn left on Walnut, right or west on Monument, left or south on Manitou, right on Praderia that turns into Observatory Dr
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Bristol
- Middle School: Holmes
- High School: Coronado
Community
- Association: Yes
- Assoc. Name: Prompntory Point
- Pets Allowed: Yes
- Management Type: Professionally Managed
Heating & Cooling
- Cooling Type: Other
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Townhouse
- Construction: Frame
- Roof: Composition
- Common Walls: 2+ Common Walls
- Entry Floor Number: 1
- Entry Location: Stairs
- Square Feet: 1,212
- Sq. Ft. Source: Public Records
- Living Area: 1,212 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306
- Zoning: R5
Financial Considerations
- Association Fee: Yes
- Association Fee: $360
- Assoc Fee Freq.: Monthly
- Assoc Fee /Annual: $4,320
- Tax Amount: $912
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: CONDOMINIUM UNIT D BLDG 12 IN PROMONTORY POINT CONDOMINIUM PHASE III, IN ACCORDANCE WITH THE CONDOMINIUM DECLARATION RECORDED APRIL 17, 1985 IN BK 3996 AT PG 1143 AND THE CONDOMINIUM PLAT RECORDED APRIL 17, 1985 IN PLAT BK 4 AT PG 42 OF THE EL PASO C OUNTY RECORDS
- Property ID: 74123-17-052
Listed by Flat Rate Realty Group LLC
Sold by Non Mls Participant
Listing agent
— 521 Observatory Dr —
Flat Rate Realty Group LLC
Homes@FlatRateRealtyGroup.com,719-283-9098
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 521 Observatory Dr
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Bristol Elementary School 890 North Walnut Street, Colorado Springs, CO 80905 | PK-5 | 0.5 mi |
Holmes Middle School 2455 Mesa Road, Colorado Springs, CO 80904 | 6-8 | 1.9 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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521 Observatory Drive, Colorado Springs, CO 80904 (MLS# 5726877) is a Townhouse property that was sold at $270,000 on July 01, 2025. Want to learn more about 521 Observatory Drive? Do you have questions about finding other Townhouse real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.