411 Lakewood Circle Unit B338
Colorado Springs, CO 80910
- 2 beds
- 2 baths
- 1,152 sqft
- $156 per sqft
- 1974 build
- – on site
Step into this stylish and spacious 2-bedroom, 1.5-bath condo in the historic Satellite Hotel, where mid-century charm meets modern convenience. Located centrally near all five military installations, downtown, shopping, and medical facilities, this property provides unmatched urban convenience. The HOA covers all utilities (electric, heating/air conditioning, water, sewer, trash, and exterior maintenance), simplifying ownership. This unit is part of a unique opportunity to build wealth—additional units are available for purchase, making it ideal for investment, short-term rental, or expanding transitional housing initiatives. Seller financing options are available. As you enter the unit a wall of windows floods the open-concept living space with natural light, offering breathtaking city views. The galley kitchen features matching appliances, ample counter space, and seamless flow into the dining and living areas—perfect for entertaining. Step through the balcony doors to an expansive private balcony, creating an effortless indoor/outdoor experience. The primary bedroom boasts a walk-in closet and private balcony access, while the generously sized secondary bedroom also offers balcony access. Additional features include central air and access to premium building amenities: a seasonal pool, gyms, billiards room, saunas, libraries, a ballroom, and concierge service. Residents also enjoy on-site dining at Orbit Restaurant, 24-hour security, and discounted hotel rates for guests. Don’t miss your chance to own a piece of Colorado Springs history while investing in your future—schedule your showing today!
Last checked:
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Last updated Feb 14, 2025
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MLS# 7441178 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1974
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Construction Materials:Concrete
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Structure Type:High Rise (8+)
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Entry Level:3
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Exterior Features:Balcony
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Security Features:24 Hour Security, Carbon Monoxide Detector(s)
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Roof:Composition
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Common Walls:End Unit
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Basement:false
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Levels:One
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Building Area Total:1152
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Building Area Source:Public Records
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Above Grade Finished Area:1152
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Property Attached:true
Room Dimensions
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Living Area:1152
Location
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Directions:Head southeast on N Academy Blvd toward N Union Blvd. Then turn right onto Airport Rd. Turn left onto Marjorie Lee Dr, then turn right onto Lakewood Cir. Then turn left onto Beecher Ave. The destination will be on the right.
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Latitude:38.82313761
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Longitude:-104.75981106
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:64221-08-480
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Zoning:PUD AO
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Exclusions:Any personal items or staged items remaining.
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (719) 999-5789
- Office phone:
- (720) 807-2890
Taxes
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Tax Year:2023
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Tax Annual Amount:475
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Tax Legal Description:CONDOMINIUM UNIT NO B-338, SATELLITE APARTMENT BLDG, IN THE CITY OF COLORADO SPRINGS, EL PASO COUNTY, COLO, AND TOGETHER WITH THE UNDIVIDED FRACTIONAL INTEREST IN THE COMMON ELEMENTS APPURTENANT THERETO AS SET FORTH IN THE CONDOMINIUM DECLARATIONS, E L PASO COUNTY, COLO WITH ALL ITS APPURTENANCES AND WARRANTS THE TITLE TO THE SAME, SUBJECT TO RESTRICTIONS, CONDITIONS, EXCEPTIONS, RESERVATIONS AND PROVISIONS AS SHOWN CONDOMINIUM DECLARATION FOR SATELLITE APARTMENT BUILDING RECORDED IN BOOK 2288 A T PAGE 339; SUPPLEMENT NO 1, RECORDED IN BOOK 2686 AT PAGE 157, RECORDS OF EL PASO COUNTY, COLORADO LOTS 1 TO 10, 1 TO 5 PT ST BLKS 8 AND 9 VALLEY HI SUB FIL NO 3
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:2
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Full Baths:1
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Three Quarter Baths:1
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Main Level Baths:2
Heating & Cooling
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Heating:Hot Water
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Schools
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Elementary School:Monroe
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Swigert
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Middle Or Junior School District:Colorado Springs 11
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High School:Mitchell
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Valley Hi
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Association Amenities:Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Security
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Senior Community:false
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Association:true
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Association Name:Satellite HOA
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Association Fee:1130
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Association Fee Includes:Electricity, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Snow Removal, Trash, Water
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Association Fee Total Annual:13560.00
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Association Fee Annual:13560.00
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Association Fee Frequency:Monthly
Parking
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Parking Total:1
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Parking Features:Asphalt
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Attached Garage:false
Monthly cost estimate

Asking price
$180,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$963
|
Taxes | $39 |
Insurance | $49 |
HOA fees | $1,130 |
Utilities | $113 See report |
Total | $2,294/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.