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Property Description
True Colorado Living in Monument!Tucked away on a quiet cul-de-sac in the highly desirable town of Monument, this exceptional ranch-style home offers the perfect blend of luxury, comfort, and breathtaking scenery. Situated on a beautifully manicured -acre lot, this 4-bedroom, 3-bathroom home features 3,712 square feet, a finished walkout basement, and a spacious 3-car garage. Enjoy spectacular views of Pikes Peak and the United States Air Force Academy while benefiting from easy access to both Colorado Springs and Denver and award-winning School District 38.The main level showcases soaring ceilings, hardwood floors, and an inviting great room centered around a cozy gas log fireplace. The spacious kitchen is ideal for entertaining and everyday living, featuring abundant cabinetry and a walkout to the covered deck where you can take in the mountain views. The luxurious primary suite is a true retreat with a spa-inspired 5-piece bathroom and a large walk-in closet. A second bedroom, full bathroom, and conveniently located laundry room complete the main level.The walkout lower level provides exceptional additional living space with a massive recreation room highlighted by a second fireplace and direct access to the backyard. Two additional bedrooms, a third bathroom, and a dedicated workout room offer plenty of flexibility for guests, hobbies, or multigenerational living.Outside, the finely landscaped yard creates a private oasis with mature trees, colorful plantings, a permanent fire pit, and incredible views of the Front Range. Whether enjoying a peaceful evening under the stars or entertaining family and friends, this home captures the essence of Colorado living at its finest.
Full Property Details
Full Property Details for 16028 Penn Central Way
General
- Price: $850,000
- HOA FEE: $23/month
- HOA FEE FREQ.: Annual
- Taxes: $5,275 (2025)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 7577844
- Updated: Today (6/23/2026)
- Added to Site: Today
Interior
- Fireplace(s): Basement, Gas, Main Level, Two
- Appliances: 220 Volts in Kitchen, Dishwasher, Disposal, Dryer, Gas in Kitchen, Kitchen Vent Fan, Microwave, Range, Refrigerator, Self-Cleaning Oven, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Hook-up, Main
Parking
- Garage Spaces: 3
- Garage Description: Attached, Garage Door Opener
Location
- County: El Paso
- Subdivision: Promontory Pointe
School Information
- School District: Palmer-38
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Assoc/Distr
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected
Structural Information
- Description/Design: Ranch
- Structure Type: Frame
- Construction Status: Existing Home
- Exterior Const.: Stone, Stucco
- Roof: Composite Shingle
- Disability Access: Handrails, Stairs to front entrance, Stairs to garage
- Square Feet: 3,712
- Main/1st Level: 1,856 Sq. Ft.
- Down/Basement: 1,856 Sq. Ft.
- Finished Total: 3,433 Sq. Ft.
- Basement Finished: 85%
- Lower Finished: 0%
- Year Built: 2015
Lot Features
- Lot Size (Acres): 0.2442
- Lot Size (Sq. Ft.): 10,637
- Lot Description: City View, Cul-de-Sac, Mountain View, Sloping, View of Pikes Peak
- Fencing (Description): Rear
Financial Considerations
- Association Fee: Yes
- Association Fee: $275
- Assoc Fee Freq.: Annual
- Assoc Fee Desc.: Covenant Enforcement, Trash Removal
- Tax Amount: $5,275
- Tax Year: 2025
Listed by ERA Shields Real Estate
Get Pre-Approved Today
Schools
Schools serving 16028 Penn Central Way
School District:Lewis-Palmer School District 38
| Name | Grades | Distance |
|---|---|---|
Bear Creek Elementary School, Monument, CO 1330 Creekside Drive, Monument, CO 80132 | PK-6 | 0.9 mi |
Lewis-Palmer Middle School 1776 Woodmoor Drive, Monument, CO 80132 | 7-8 | 3.1 mi |
Lewis-Palmer High School 1300 Higby Road, Monument, CO 80132 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16028 Penn Central Way
Date
Details
Price
Change
Source
6/23/2026
Listed
$850,000
86.67%
MLS
5/26/2015
Sold
$455,342
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16028 Penn Central Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,275
5%
$57,590
6%
2024
$5,028
1%
$54,130
—
2023
$4,969
7%
$54,130
32%
2021
$4,658
7%
$41,150
3%
2022
$4,336
-7%
$40,000
—
2021
$4,658
-6%
$39,960
—
2019
$4,961
-6%
$39,960
-1%
2018
$5,271
—
$40,190
—
2017
$5,268
10%
$40,190
5%
2016
$4,785
159%
$38,210
158%
2015
$1,851
3392%
$14,790
3507%
2014
$53
-80%
$410
—
2013
$268
—
$410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16028 Penn Central Way
16028 Penn Central Way, Monument, CO 80132 (MLS# 7577844) is a Single Family property with 4 bedrooms and 3 full bathrooms. 16028 Penn Central Way is currently listed for $850,000 and was received on June 23, 2026. Want to learn more about 16028 Penn Central Way? Do you have questions about finding other Single Family real estate for sale in Monument? You can browse all Monument real estate or contact a Coldwell Banker agent to request more information.

