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Monument,CO 80132
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,816 sqft
Price per Sqft $301
Subdivision Monument Hills
MLS Listing ID 7211142
Style Modular
Bedrooms 5
Full Baths 1
Half Baths 1
Three Quarter Bath 1
HOA Y/N No
Abv Grd Liv Area 1,408
Year Built 1972
Annual Tax Amount $3,591
Tax Year 2024
Lot Size 10,081 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Source recolorado
Property Description
LOCATION • VIEWS • ONE-LEVEL LIVING • INCOME POTENTIAL • MULTI-GENERATIONAL OPTIONS! Welcome to an exceptional opportunity in the heart of Monument, CO—walking distance to Monument Lake, historic downtown Monument, two beautiful parks, summers concerts in one of them, and the hiking/biking trails of Mt. Herman. This versatile 4-bedroom home offers a unique combination of comfort, flexibility, and investment potential. Thoughtfully updated, it features main-level living and a fully finished walkout basement—perfect for multi-generational living or generating rental income. The main level highlights are Luxury Vinyl Plank flooring throughout, a bright living room with shiplap walls and a cozy, modern fireplace. It has an open-concept kitchen, dining, and flex area with vaulted shiplap ceiling. Walk-out to a composite deck, private hot tub, and landscaped backyard—ideal for relaxing or entertaining. In the walkout basement there is a Private entrance, a spacious bedroom with adjacent bathroom (could serve as a second suite). The basement presents multiple living/flex spaces with the private walkout access—perfect for a separate rental unit, guest quarters, or teen retreat. Bonus: Accessory Dwelling Unit: Completed in January 2022, this charming 784 sq ft, 2-bed/1-bath cottage is loaded with potential. It has a full kitchen, dining area, and generous living room with light and bright interior with thoughtful finishes. Just steps to the park with basketball, soccer, playground for the kids and much more. This home is ideal for living in the home and it offers income from areas like the basement and ADU with short, mid, or long-term rentals. All furniture and hot tubs are negotiable making this a turn key home and operation.
Location
State CO
County El Paso
Zoning R-2
Rooms
Basement Full
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling Air Conditioning-Room,None
Flooring Carpet,Vinyl
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Cooktop,Dishwasher,Disposal,Dryer,Microwave,Washer
Exterior
Exterior Feature Spa/Hot Tub
Parking Features Concrete,Oversized
Garage Spaces 3.0
Fence Full
Utilities Available Electricity Connected,Natural Gas Connected
View Mountain(s)
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Lewis-Palmer
Middle Schools Lewis-Palmer
High Schools Lewis-Palmer
School District Lewis-Palmer 38
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition None