521 Observatory Drive
Colorado Springs, CO 80904
- 2 beds
- 2 baths
- 1,212 sqft
- 1,306 sqft lot
- $247 per sqft
- 1984 build
- – on site
**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.
Last checked:
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Last updated Apr 11, 2025
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MLS# 5726877 —
The Building
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Year Built:1984
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Construction Materials:Frame
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Structure Type:Townhouse
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Entry Location:Stairs
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Entry Level:1
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Roof:Composition
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Common Walls:2+ Common Walls
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Basement:false
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Levels:Two
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Building Area Total:1212
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Building Area Source:Public Records
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Above Grade Finished Area:1212
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Property Attached:true
Room Dimensions
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Living Area:1212
Location
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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
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Latitude:38.84185345
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Longitude:-104.84123499
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:74123-17-052
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Zoning:R5
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Lot Size Area:0.03
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Lot Size Acres:0.03
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Lot Size SqFt:1306.8
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Lot Size Units:Acres
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Exclusions:N/A
Listing Agent
- Contact info:
- Agent phone:
- (719) 283-9098
- Office phone:
- (719) 283-9098
Taxes
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Tax Year:2024
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Tax Annual Amount:912
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Tax 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
Beds
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Bedrooms Total:2
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Main Level Bedrooms:1
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Upper Level Bedrooms:1
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1
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Upper Level Baths:1
Heating & Cooling
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Heating:Forced Air
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Cooling:Other
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Microwave, Oven, Range
Schools
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Elementary School:Bristol
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Holmes
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Middle Or Junior School District:Colorado Springs 11
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Promontary Point
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Senior Community:false
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Association:true
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Association Name:Prompntory Point
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Association Fee:360
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Association Fee Total Annual:4320.00
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Association Fee Annual:4320.00
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Association Fee Frequency:Monthly
Parking
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Parking Total:2
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Attached Garage:true
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Garage Spaces:2
Monthly cost estimate

Asking price
$300,000
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. |
$1,606
|
Taxes | $76 |
Insurance | $82 |
HOA fees | $360 |
Utilities | $114 See report |
Total | $2,238/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.