For Sale House MLS# 8121847

703 Platt Lane

Palmer Lake, CO 80133

$980,000

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About 703 Platt Lane

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.

Property details

Property

Type
Single Family
MLS type
Single Family Home
Status
Active
Year built
2001
Living area
3,805 sqft
Price / sqft
$258
Lot
1.0
Full baths
2
Half baths
1
Original price
$980,000
MLS #
8121847

Interior

Features
5-Pc Bath, Great Room, Full Basement, Walk Out, Gas, Main Level, One
Appliances
Cook Top, Dishwasher, Disposal, Double Oven, Dryer, Gas in Kitchen, Microwave Oven, Refrigerator, Washer
Flooring
Carpet, Ceramic Tile, Wood Laminate
Heating
Forced Air
Cooling
Ceiling Fan(s), Central Air
Laundry
Basement, Electric Hook-up, Main
Windows
Vinyl

Exterior & lot

Features
Storage Shed, Parking spaces: 4
Roof
Composite Shingle
Lot
Concrete, Gravel
Patio & porch
Composite, Wood Deck
Fence
Rear, See Prop Desc Remarks

Schools

District
Lewis-Palmer School District 38
Elementary
Palmer Lake
Middle
Lewis Palmer
High
Palmer Ridge

Utilities

Utilities
Sewer, Municipal, Cable Available, Electricity Connected, Natural Gas Connected, Telephone
Water
Municipal
Sewer
Sewer

Financial

Financial
Pikes Peak REALTOR® Services
Annual tax
$3,911
Tax year
2025
Parcel
7108123007

Location

County
El Paso
Community
0.0, Not Applicable, Lewis-Palmer-38

Ask about this property

Questions on 703 Platt Lane, Palmer Lake, CO 80133, or want to see it in person?

Listed by Suzanne Holland GRI , The Platinum Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.