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$825,000
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Property Description
~BACK WITH A NEW & IMPROVED DRIVEWAY~ You'll feel like you're living in your own mountain oasis in this Palmer Lake home. Imagine waking each morning to a herd of deer wandering through the open pasture beyond your yard, with sweeping Front Range views in the distance. Set on a spacious 0.86-acre lot, this home blends the charm of Palmer Lake living with the comfort of modern construction. The thoughtfully designed ranch floor plan offers the ease of main-level living with the primary suite & laundry on the main floor. A finished walk-out basement with kitchenette expands the home's possibilities with generous space for guests, entertaining, or multi-generational living. 3 separate zones for heating & cooling provides customizable comfort & lower utility bills. Take in the views toward town from the covered front porch, where you can spot the historic Palmer Lake Star during the holidays & the Fourth of July fireworks. Step inside to soaring vaulted ceilings & an inviting, light-filled living space. The room just off the entry offers incredible flexibility & could be used for a formal dining room, sitting room, library, or listening lounge. The kitchen features hardwood floors, granite countertops, crisp white cabinetry, & plenty of eat-in dining space. Upstairs, a cozy loft filled with natural light makes a perfect hobby room, craft space, or playroom. The spacious main-level primary suite includes a spa-like bathroom with walk-in shower & large jetted tub. Two additional bedrooms & a full guest bath complete the main floor. Downstairs, the walk-out basement offers newer LVP flooring, a wood-burning stove, kitchenette with full refrigerator, two generous bedrooms, another bathroom, & a rec room with unfinished space ideal for a workshop and storage. Limitless outdoor recreation-hiking, biking, fishing, kayaking, and more-plus beloved community events throughout the year, life in Palmer Lake is truly something special!
Full Property Details
Full Property Details for 261 Pinecrest Way
General
- Price: $825,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annual
- Taxes: $4,207 (2025)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 6914889
- Updated: 7/6/2026
- Added to Site: 118 day(s) ago
Interior
- Fireplace(s): Basement, Gas, Main Level, Two, Wood Burning Stove, See Remarks
- Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Main
Parking
- Garage Spaces: 3
- Garage Description: Attached, Even with Main Level, Garage Door Opener, Oversized
Location
- County: El Paso
- Subdivision: Pinecrest at Palmer Lake
School Information
- School District: Palmer-38
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air, Natural Gas, See Remarks
Utilities
- Water: Municipal
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Description/Design: Ranch
- Structure Type: Frame
- Construction Status: Existing Home
- Exterior Const.: Stucco
- Roof: Composite Shingle
- Square Feet: 4,462
- Main/1st Level: 2,320 Sq. Ft.
- Down/Basement: 2,142 Sq. Ft.
- Finished Total: 4,033 Sq. Ft.
- Basement Finished: 80%
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.8571
- Lot Size (Sq. Ft.): 37,335
- Lot Description: 360-Degree View, Flag Lot, Mountain View, Trees/Woods, See Remarks
- Fencing (Description): Other
Financial Considerations
- Association Fee: Yes
- Association Fee: $500
- Assoc Fee Freq.: Annual
- Assoc Fee Desc.: Covenant Enforcement, Management, Snow Removal, See S
- Tax Amount: $4,207
- Tax Year: 2025
Listed by Remax Properties
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Schools
Schools serving 261 Pinecrest Way
School District:Lewis-Palmer School District 38
| Name | Grades | Distance |
|---|---|---|
Palmer Lake Elementary School 115 Upper Glenway Road, Palmer Lake, CO 80133 | PK-6 | 0.6 mi |
Lewis-Palmer Middle School 1776 Woodmoor Drive, Monument, CO 80132 | 7-8 | 3 mi |
Palmer Ridge High School 19255 Monument Hill Road, Monument, CO 80132 | 9-12 | 2.9 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 261 Pinecrest Way
Date
Details
Price
Change
Source
5/30/2026
Price Reduced
$825,000
-2.94%
MLS
4/30/2026
Price Reduced
$850,000
-2.24%
MLS
3/10/2026
Listed
$869,500
14.41%
MLS
5/14/2021
Sold
$760,000
—
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 261 Pinecrest Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,207
14%
$66,450
15%
2024
$3,705
3%
$57,750
—
2023
$3,596
7%
$57,750
22%
2021
$3,363
4%
$47,440
3%
2022
$3,230
-4%
$46,100
13%
2021
$3,363
13%
$40,650
—
2019
$2,985
3%
$40,650
8%
2018
$2,908
—
$37,580
—
2017
$2,915
16%
$37,580
18%
2016
$2,523
14%
$31,730
—
2015
$2,204
-2%
$31,730
10%
2014
$2,247
—
$28,840
—
2013
$2,257
—
$28,840
—
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 261 Pinecrest Way
261 Pinecrest Way, Palmer Lake, CO 80133 (MLS# 6914889) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 261 Pinecrest Way is currently listed for $825,000 and was received on March 10, 2026. Want to learn more about 261 Pinecrest Way? Do you have questions about finding other Single Family real estate for sale in Palmer Lake? You can browse all Palmer Lake real estate or contact a Coldwell Banker agent to request more information.

