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Address

703 Platt Lane, Palmer Lake, CO

Listing Type

Active

Price

$ 980,000

Property Attributes

MLS#8121847
TypeSingle Family
Listing Status Active
CountyEL PASO
CityPalmer Lake
NeighborhoodPalmer Lake
Zip80133
StyleSingle Family
Year Built2001
Taxes$ 3910
Price$ 980,000
Bedrooms5
Full Bathrooms3
Half Bathrooms1
Sqr Footage3805
Lot Size1 Acres

Data Source:

elevateMLS

Property Description

Exceptional flexibility meets Palmer Lake living in this updated farmhouse ranch style home on a full acre—currently operating as a successful Airbnb and configured for multigenerational living. Tucked away with mountain views to the west, rock formations to the north and city lights to the east, the property offers two distinct living areas and room to spread out. The open main level is designed for everyday living and entertaining offering 3 bedrooms (one non conforming), an office, 3 baths and laundry right off the oversized garage . The large renovated kitchen opens directly to the great room, while large sliding doors bring in natural light and lead to an expansive Trex deck. The main level offers three bedrooms, one non-conforming, plus an office currently used as an additional bedroom and a private primary suite. The finished walkout lower level adds exceptional versatility. A second kitchen, oversized secondary primary suite with zero-entry shower, two additional bedrooms and a large family/game room create comfortable space for extended family, guests or rental use. Warm rustic finishes and built-in shelving add character, and the lower level can be closed off from the main residence when desired. Walkout access leads to the newly built oversized single-car garage, providing parking, workshop or storage space. Outside, enjoy coffee on the covered wraparound front porch, entertain on the back deck, or enjoy the lower patio and fenced backyard. Garden planters, a detached storage shed and an in-ground trampoline are just the beginning of what is possible in this outdoor space. Whether you're looking for a multigenerational home, an established short-term rental, a full-time residence with flexible guest space—or a combination of all three—this property offers options that are hard to find. Palmer Lake's trails, recreation, dining and small-town charm are all close by.

Elementary School	Middle School	High School
Palmer Lake Elementary School	Lewis Palmer Middle School	Palmer Ridge High School

Price History
9/11/2026	Listed $980,000

General Features

Living Area	3805.0
Sewer	Sewer
Heating	Forced Air
Cooling	Ceiling Fan(s),Central Air
Utilities	Cable Available,Electricity Connected,Natural Gas Connected,Telephone
Roof	Composite Shingle
Appliances	Cook Top,Dishwasher,Disposal,Double Oven,Dryer,Gas in Kitchen,Microwave Oven,Refrigerator,Washer
HOA Fee	0.0
Patio/Porch Features	Composite,Wood Deck
Year Built	2001
Miscellaneous	High Speed Internet Avail.,RV Parking,Window Coverings
Property Subtype	Single Family
Tax Year	2025
Parcel Number	7108123007
ConstructionStatus	Existing Home
Assoc Fee Paid Per	Not Applicable
County	El Paso
Property Type	Residential
HOA	No
Other Structures	Storage Shed
Full Baths	2
Status	Active
High School	Palmer Ridge
City	Palmer Lake
High School District	Lewis-Palmer-38
Lot Size Units	Acres
Lot Size Square Feet	43560.0
Elementary School	Palmer Lake
Property Attached Y/N	No
Tax Annual Amount	3910.55
Middle/Junior High School	Lewis Palmer
Lot Description	360-degree View,Corner,Cul-de-sac,Mountain View
MLS Area Minor	Platts
Additional Parcels Y/N	No
Assessments Y/N	No
Structure Type	Frame
Standard Status	Active
AttributionContact	719-536-4444

Interior Features

Interior Amenities	5-Pc Bath,Great Room
Basement	Full Basement,Walk Out
Flooring	Carpet,Ceramic Tile,Wood Laminate
Fireplace Features	Gas,Main Level,One
Entry	Wood Laminate
Window Features	Vinyl
Above Grade Finished Area	2087.0
Half Baths	1
3/4 Baths	1
Laundry Features	Basement,Electric Hook-up,Main
Total Bedrooms	5
Total Baths	4

Exterior Features

Siding	Wood
Fencing	Rear,See Prop Desc Remarks
Water Source	Municipal
Total Parking	4.0
Landscaped	All
Driveway	Concrete,Gravel
Garage Type	Attached,Detached
Lot Size	1.0
Building Area Total	4158.0
Lot Size Acres	1.0
Road Frontage Type	City/Town Road,Driveway,Gravel