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$1,675,000 -$120,000 (-6.69%) Price Reduced
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Property Description
Short-term rentals are allowed at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka's designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area. The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail. Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way-an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.
Full Property Details
Full Property Details for 400 Valley Crescent St
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General
- Price: $1,675,000
- Taxes: $5,049 (2025)
- Status: Active
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 8052021
- Updated: 9/1/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Five Piece Bath, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Sound System, Walk-In Closet(s), Wet Bar
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Basement, Family Room, Gas, Living Room, Wood Burning, Basement, Family Room, Gas, Living Room, Wood Burning, Basement, Family Room, Gas, Living Room, Wood Burning
- Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
- Flooring: Bamboo, Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Main Floor Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Sink
Additional Information
- Security/Safety: Video Doorbell
Exterior
- Exterior Features: Gas Valve, Lighting, Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered, Deck, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Asphalt, Exterior Access Door, Guest, Heated Garage, Oversized
Location
- County: El Paso
- Subdivision: Willow Hill
- Driving Directions: Please use your GPS of choice or call the listing agent directly.
- Direction Faces: North
School Information
- Elem School District: Lewis-Palmer 38
- Midd School District: Lewis-Palmer 38
- High School District: Lewis-Palmer 38
- Elementary School: Palmer Lake
- Middle School: Lewis-Palmer
- High School: Palmer Ridge
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Attic Fan, Other
- Heating Type: Hot Water, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mountain Contemporary
- Structure Type: House
- Model: Sarah Susanka
- Construction: Frame, Stucco, Wood Siding
- Basement: Yes
- Basement Desc.: Bath/Stubbed, Finished, Partial, Walk-Out Access
- Roof: Shingle
- Square Feet: 4,459
- Sq. Ft. Source: Public Records
- Living Area: 4,459 Sq. Ft.
- Year Built: 2001
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 2.21
- Lot Size (Sq. Ft.): 96,267
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Foothills, Landscaped, Many Trees, Rolling Slope
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $5,049
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, Jumbo
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 1 WILLOW HILL SUB
- Exclusions: Seller's personal property and any staged items.
- Property ID: 71053-15-009
Listed by Engel & Volkers Denver
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 400 Valley Crescent St —
Engel & Volkers Denver
Juliee.Ragusa@engelvoelkers.com,228-304-2319
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 400 Valley Crescent St
School District:Lewis-Palmer School District 38
| Name | Grades | Distance |
|---|---|---|
Palmer Lake Elementary School 115 Upper Glenway Road, Palmer Lake, CO 80133 | PK-6 | 0.2 mi |
Lewis-Palmer Middle School 1776 Woodmoor Drive, Monument, CO 80132 | 7-8 | 3.3 mi |
Palmer Ridge High School 19255 Monument Hill Road, Monument, CO 80132 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 400 Valley Crescent St
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400 Valley Crescent Street, Palmer Lake, CO 80133 (MLS# 8052021) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 400 Valley Crescent Street is currently listed for $1,675,000 and was received on July 14, 2026. Want to learn more about 400 Valley Crescent Street? 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.