521 Observatory Drive
Colorado Springs, CO 80904
- 2 beds
- 2 baths
- 1,212 sqft
- 1,490 sqft lot
- $251 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 Mar 25, 2025
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MLS# 7588219 —
The Building
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Year Built:1984
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Roof:Composite Shingle
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Siding:Stucco
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Structure:Frame, Other
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Floor Plan:2 Story
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Foundation Details:Slab
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Patio Description:Concrete
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Unit Description:Inside Unit
Interior
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Interior Features:9Ft + Ceilings, Great Room, Vaulted Ceilings
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SqFt Total:1212
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Fireplace Description:Main Level, One, Wood Burning
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Laundry Facilities:Main
Room Dimensions
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SqFt Main Floor:938
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SqFt Upper Floor:274
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SqFt Finished:1212
Location
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Latitude:38.841861
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Longitude:-104.841237
The Property
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Property Type:Residential
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Property Subtype:Condo
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Construction Status:Existing Home
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Property Attached:Yes
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Lot Description:View of Pikes Peak
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Lot Size:1488
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Lot Size Area:1488.00
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Lot Size Units:SqFt
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Acres Total:0.0342
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Miscellaneous:HOA Required $
Listing Agent
- Contact info:
- Agent phone:
- (719) 283-9098
- Office phone:
- (719) 283-9098
Taxes
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Tax Year:2023
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Tax Amount:$803.91
Beds
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Bedrooms Total:2
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Main Floor Bedroom:1
Baths
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Total Baths:2
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Full Baths:2
The Listing
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s), See Prop Desc Remarks
Utilities
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Utilities:Electricity Connected, See Prop Desc Remarks
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Water:Municipal
Appliances
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Appliances:Dishwasher, Disposal, Range, Refrigerator
Schools
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Elementary:Bristol
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Jr School:Holmes
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High School:Coronado
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School District:Colorado Springs 11
The Community
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Complex Amenities:Green Areas
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Association Fee:$360
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Association Fee Frequency:Monthly
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Association Fee Includes:Covenant Enforcement, Insurance, Maintenance Grounds, Maintenance Structure, Management, Snow Removal, Trash Removal
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HOA Covenants Exist:Yes
Parking
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Garage Type:Tandem
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Garage Remotes:1
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Garage Spaces:2
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Garage Amenitities:See Prop Desc Remarks
Monthly cost estimate
Asking price
$305,000
| 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. |
$1,633
|
| Taxes | $66 |
| Insurance | $83 |
| Utilities | $121 See report |
| Total | $1,903/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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/14/25
Mar 14, 2025
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Price Changed | PPMLS | $305,000 | -3.2% |
|
2/1/25
Feb 1, 2025
|
Price Changed | PPMLS | $315,000 | -1.6% |
|
11/18/24
Nov 18, 2024
|
Price Changed | PPMLS | $320,000 | -1.5% |
