Monument's population grew about 33% in five years, from 10,399 at the 2020 census to an estimated 13,813 in 2025. That growth had to go somewhere, and it went into a handful of specific communities east and west of I-25.
Here is who is actually building in 2026, what it costs, and the one line item that separates a good new-build decision from an expensive one.
The single most important thing to know first
New construction in Monument is concentrated in communities that carry metro district mill levies, and some of them are steep.
A metro district is a unit of local government that borrowed to build the roads, water lines and amenities in a new subdivision, then repays that debt through a property tax levy on the homes inside it. It shows up on your county tax bill, not as an HOA invoice, and it is on top of any HOA dues.
Tax Year 2025 levies (billed 2026), from the El Paso County Treasurer:
| District | Mills |
|---|---|
| Triview Metropolitan District (base) | 20.500 |
| Triview #3 (Home Place Ranch) | 69.261 |
| Monument Junction Metro District #1 | 64.443 |
| Monument Junction Metro District #2 | 54.311 |
| Woodmoor Water & Sanitation (established resale area) | 0 |
What that costs. Colorado assesses residential property for local government levies at 6.8% of actual value after a 10% reduction capped at $70,000, for tax years 2024 through 2027.
On a $750,000 home, local-government assessed value is $46,240:
- Triview base (20.5 mills): about $948/year, $79/month
- Monument Junction #1 (64.443 mills): about $2,980/year, $248/month
- Triview #3, Home Place Ranch (69.261 mills): about $3,203/year, $267/month
- An established Woodmoor resale: $0
None of this makes new construction a bad choice. The amenities are real and someone had to finance them. But when you compare a $750,000 new build against a $750,000 resale, you are not comparing equal monthly payments until you add this in. Our Monument metro district guide has the full breakdown.
Jackson Creek — the most active node
The center of gravity for new construction in Monument right now, east of I-25 between Baptist Road and Leather Chaps Drive. In the Triview district at 20.5 mills.
Lokal Homes — mid $700s to $900s. Five plans from 3,351 to 4,328 square feet, five to six bedrooms. Published plans include the Reese from about $744,990 (3,351 sq ft), Walter from about $769,990 (3,879), Tenley from about $774,990 (3,638), Qwynn from about $787,990 (3,800) and Hayden from about $828,090 (4,328).
Toll Brothers at Jackson Creek — from about $682,995, ranging 1,997 to 4,017 square feet, two to five bedrooms, one and two story. This is Toll Brothers' only Monument community.
Richmond American Homes — from about $568,950, currently the lowest entry point in Jackson Creek.
Worth knowing: Jackson Creek's existing sections have mixed HOA coverage — The Homestead has an HOA; The Heights, Lariat Ranch, Copper Ridge, Settlers Ridge and Remington Hills do not. Confirm what applies to the specific phase you are buying in.
Monument Junction — the affordability story
Classic Homes, east of I-25 along Jackson Creek Parkway. Three collections, and this is where the most attainable new construction in Monument lives:
- Classic Collection — 24 floor plans, 2,500 to 5,000+ square feet
- Cadence Collection — modern duplexes and single-family, with duplexes starting in the low-to-mid $400s
- 4-Square Collection — 1,685 to 2,142 square feet, farmhouse and bungalow styling with shared driveways
Model homes are open and all three collections are actively selling. Overall community pricing starts around $444,400.
The caveat: Monument Junction's metro districts levy 64.443 and 54.311 mills. On a $450,000 duplex the local-government assessed value is about $25,840, putting the district levy near $1,665/year (about $139/month) on district #1. That is real money against a $444,000 purchase price, and it is the trade for the entry point.
Home Place Ranch — the newest major community
Challenger Homes from about $599,900 and Vantage Homes from about $627,900, plus custom options, running from the $600s past $1M. A mix of low-maintenance paired homes and single-family, with parks, trails, a clubhouse, ponderosa pine natural areas and Pikes Peak views.
This community sits in Triview #3 at 69.261 mills — the highest levy in Monument. On a $750,000 home that is roughly $3,203 a year, $267 a month, before HOA dues. Budget it deliberately.
Cloverleaf — a new national builder entry
David Weekley Homes entered Monument with two collections: Mountainview from about $665,990 and Pinnacle from about $721,990.
What is winding down
Sanctuary Pointe — the roughly 460-acre Classic Homes community at the top of Baptist Road appears to be closing out its new-home sales; the builder's national listing has been retired and buyers redirected to other communities. Resale inventory remains strong, with a median list around $1.14M at roughly $287 per square foot. Confirm current lot availability directly with the builder before assuming you can still buy new here.
Promontory Pointe — essentially built out. Treat it as a resale neighborhood; recent activity has been a handful of listings between roughly $825,000 and $999,000.
In the pipeline
Monument Ridge East received zoning approval from El Paso County commissioners in December 2024 for 340 units — 37 detached single-family and 303 attached duplexes — northeast of Monument, east of I-25 and south of County Line Road. It is not yet under construction, and no pricing or timeline has been published.
The most interesting detail: the unit count was capped by Woodmoor Water and Sanitation District's finding on water sustainability. The developer originally sought roughly ten times more attached units. That is the clearest illustration available of how directly water constrains growth in the Tri-Lakes — and why existing homes here have a supply story working in their favor.
Buying new construction: five things to do
1. Bring your own representation to the first visit. The on-site agent works for the builder. In most cases the builder's marketing budget already accounts for buyer-agent compensation, so representation typically costs you nothing — but many builders require your agent to be present on your first visit to be recognized. Register with your agent from the start.
2. Get the metro district levy in writing before you sign. Not the marketing estimate of "taxes." The specific district and its current mill levy.
3. Understand what is included versus what is an upgrade. Landscaping, fencing, window coverings, appliances and basement finishes are frequently excluded. The base price and the price you actually close at can differ by a lot.
4. Ask about lot premiums. Backing to open space, a Pikes Peak view or a cul-de-sac position can add tens of thousands. Sometimes that premium is recoverable at resale; sometimes it is not.
5. Get an independent inspection anyway. New does not mean flawless, and a third-party inspection before drywall and again before closing is cheap insurance.
Frequently asked questions
Who is building new homes in Monument, CO in 2026?
Lokal Homes, Toll Brothers and Richmond American in Jackson Creek; Classic Homes at Monument Junction; Challenger Homes and Vantage Homes at Home Place Ranch; and David Weekley Homes at Cloverleaf.
What is the cheapest new construction in Monument?
Classic Homes' Cadence Collection duplexes at Monument Junction, starting in the low-to-mid $400s, with overall community pricing from about $444,400. Richmond American in Jackson Creek starts around $568,950 for single-family.
Why are property taxes so high on new construction in Monument?
Because most new communities sit in metro districts that are still repaying the debt that built their infrastructure. Home Place Ranch is levied at 69.261 mills and Monument Junction at 64.443 and 54.311 mills, versus zero in established Woodmoor.
Is Sanctuary Pointe still building new homes?
It appears to be closing out. Resale inventory remains available, but confirm current lot availability directly with the builder rather than assuming new construction is still on offer.
Do I need an agent to buy new construction?
You are not required to have one, but the on-site salesperson represents the builder, not you. Builder compensation structures typically mean representation costs you nothing — just register your agent on your first visit.
Buying new in Monument?
I represent buyers in new construction across the Tri-Lakes, and the most valuable thing I do usually happens before you pick a floor plan: running the true monthly cost including the metro district, so you are comparing communities on equal terms.
Contact me before your first builder visit and I will put together a side-by-side on the active communities. Or browse current Monument homes, read our neighborhoods guide, or check the metro district and property tax guide. Selling your current home first? Start with a free home value report.
Builder pricing changes monthly and communities sell out. Verify current pricing, availability and mill levies directly with the builder and the El Paso County Assessor before relying on any figure here.