Palmer Lake Homes with Walk-Out Access Basement

Palmer Lake Homes with Walk-Out Access Basement

Welcome to Palmer Lake, Colorado—a hidden gem nestled in the heart of El Paso County. This charming town, surrounded by the breathtaking beauty of the Rocky Mountains, offers a unique blend of small-town charm and outdoor adventure. With its serene lakes, lush forests, and stunning vistas, Palmer Lake is a haven for nature lovers and those seeking a peaceful lifestyle.

One of the standout features of homes in Palmer Lake is the availability of properties with walk-out access basements. Imagine stepping out from your lower level into a beautifully landscaped backyard, where you can enjoy morning coffee while soaking in the picturesque views or host gatherings with friends and family under the Colorado sun. These basements not only provide additional living space but also enhance the overall functionality of your home, perfect for creating a cozy retreat or a vibrant entertainment area.

The community of Palmer Lake is known for its friendly atmosphere and strong sense of belonging. Residents enjoy a variety of local amenities, including charming shops, delightful eateries, and outdoor recreational opportunities. Hiking, biking, and fishing are just a stone's throw away, making it easy to embrace the Colorado lifestyle.

Whether you're looking for a serene place to call home, a weekend getaway, or an investment opportunity, Palmer Lake offers a unique blend of natural beauty and community spirit. Explore the possibilities of homes with walk-out access basements and discover the perfect setting for your next chapter in this picturesque town. Welcome home to Palmer Lake!

Newest Palmer Lake Homes with Walk-Out Access Basement

$1,595,000
3 Beds ⋅ 4 Baths ⋅ 2685113 MLS
Historic Glen Park's most iconic & stunning property is available for the 1st time in 40 years! This enchanting 6.5 AC horse property located at the foot of Mt. Chautauqua has a seasonal pond, aspen groves, meadow & creek crossings all at 7,295 FT above sea level. Custom 1977 mountain contemporary with the perfect floor plan for entertaining! Living room features a remarkable 20' masonry FP, beams, 2 walkouts, plus a wall of windows for natural light. Main-level primary w/luxe retro en suite bath! Updated kitchen w/Brooks Brothers cabinetry, granite counters, stainless appliances, eating nook & built-in hutch! Spacious main family room/dining combo has FP & walks out! Basement is also a walkout & includes a wet bar w/custom woodwork, & FP! Huge storage area! Upper level includes two beds plus a full bath & EZ access attic storage! The huge wraparound deck will be your favorite place to just "be"! Active solar! The 2-story, concrete-block horse barn has 220V, stalls & a hay loft! Fenced for horses! Shed w/220V! Located just 2 blocks to Nat'l. Forest & the reservoir trailhead! Breathtaking views! Nearby park w/playground & pickle ball! Enjoy small town traditions, fun community events & unlimited outdoor recreation! You really can have it all! Strictly sold as-is. This is the ultimate opportunity to "live off the land"...grow a garden, raise horses, chickens & goats! Make this your modern homestead or hobby farm! Build a bunkhouse & offer trail rides up the mountain! Board horses! This is a OIAL opportunity...you have been dreaming it & here it is! For those planning for generational wealth, this property can be subdivided. Palmer Lake's R-3 medium-density zoning allows for 5,000 SF lots! Subdivide into larger custom home lots or smaller parcels for traditional cabins! Coined the Glen's "crown jewel", this is one of very few acreage properties that exist in this area…let alone at the base of a mountain with such easy Nat’l Forest access! No covenants/HOA!

222 Clio Avenue, Palmer Lake

Courtesy of Main Street Brokers . 719-481-4810
$1,795,000
5 Beds ⋅ 5 Baths ⋅ 8052021 MLS
Some homes offer square footage. This one offers an experience. Sarah Susanka's renderings inspired local craftsman Tom Day to create a home where architecture embraces the landscape. Monument Creek flows below the property, Chautauqua Mountain fills the view, and 2.21 wooded acres become part of everyday life. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins reflect rare craftsmanship. The welcoming front porch leads to a home thoughtfully designed to live larger than its footprint. The kitchen features custom birch cabinetry, slab granite, an oversized island and a huge walk-in pantry, opening to a dining room with custom built-ins, a slab granite buffet and statement mirror before flowing into the living room with a gas fireplace. Visitors often remark on the spacious living areas, abundant storage and how the home lives far larger than its footprint. The composite deck includes a natural gas hookup for grilling. A main-level office with built-ins, spacious bedrooms, bonus spaces and a private guest suite with its own staircase from the garage provide flexibility. The walk-out lower level offers a wood-burning fireplace, wet bar, guest bedroom and full bath. Radiant heat, tankless on-demand hot water, whole-house audio, central vacuum, hardwired internet and additional rear parking continue the thoughtful design. Private trails lead to secluded sitting areas, a picnic table beside the creek and direct access to the Palmer Lake Reservoir Trail. Walk to Palmer Lake for kayaking, paddleboarding, fishing, disc golf or the shoreline trail, then cross the pedestrian bridge into town for coffee, restaurants and community events. Glen Park, with tennis, pickleball and playgrounds, is just around the corner. Wake to mountain views, spend the day in Palmer Lake, then return to your own trails, your own creek and your own quiet corner beneath the Milky Way. It's the rare opportunity to walk to town while still feeling secluded in the woods.

400 Valley Crescent Street, Palmer Lake

Courtesy of Engel & Volkers Denver . Juliee.Ragusa@engelvoelkers.com,228-304-2319
$995,000
4 Beds ⋅ 4 Baths ⋅ 8167910 MLS
A true architectural statement nestled among the pines, 777 Hilltop Road is unlike anything else on the market. Set on 2.17 private, wooded acres, this remarkable residence blends striking modern design with the warmth of natural materials, creating a home that is as timeless as it is distinctive. Walls of floor-to-ceiling glass frame breathtaking mountain vistas from nearly every room, flooding the interior with natural light while seamlessly connecting the home to its stunning surroundings. Rich, dark wood accents throughout add warmth and sophistication, perfectly balancing the clean architectural lines with an inviting, refined feel. Thoughtfully designed to complement its environment, the home's unique architecture naturally helps regulate interior temperatures, keeping the living spaces remarkably cool and comfortable even during Colorado's warmest summer days. Whether you're searching for a peaceful mountain retreat, a full-time residence, or the perfect place to retire, this location offers exceptional convenience. Ideally situated between Denver and Colorado Springs, you'll enjoy easy commuting while still experiencing the privacy and tranquility that only Palmer Lake can provide. Not to mention being a part of D-38 school district. The expansive 2.17-acre wooded lot offers incredible privacy, spectacular mountain views, and the feeling of your own secluded retreat—all just minutes from everyday amenities. Adding to the home's exceptional value is the opportunity for qualified VA buyers to assume the existing VA loan at an incredibly low 2.25% interest rate, a rare financial advantage in today's market. 777 Hilltop Road is more than a home—it's a work of architecture. A rare opportunity to own one of the area's most distinctive and thoughtfully designed residences, where modern luxury, natural beauty, and timeless craftsmanship come together effortlessly.

777 Hilltop Road, Palmer Lake

Courtesy of Thrive Real Estate Group . trevor@thrivedenver.com,970-218-6139
$550,000
5 Beds ⋅ 3 Baths ⋅ 8458227 MLS
Welcome to this beautifully updated 5-bedroom rancher with breathtaking views in historic Palmer Lake, now priced to make it yours. Tucked away on a quiet cul-de-sac, this home offers the perfect blend of peaceful living and everyday functionality. From the moment you step inside, you’ll notice the vaulted ceilings, engineered wood flooring, and a light-filled layout designed for connection and entertaining. The updated kitchen features quartz countertops, stainless steel appliances, and a stylish subway tile backsplash, opening seamlessly to a dining space that easily accommodates gatherings of 10+. The inviting living room centers around a cozy gas fireplace and walks out to a spacious deck, perfect for taking in mountain views and the iconic Palmer Lake Star. With two primary suites, this home offers flexibility for multi-generational living, guests, or short-term rental potential. The garden-level basement is filled with natural light and provides additional space for recreation, media, or relaxation. Step outside to a south-facing deck and fenced backyard where you can garden, keep chickens, or simply enjoy the Colorado lifestyle with frequent wildlife sightings. No HOA. No covenants. Just freedom and opportunity. Located just blocks from the Palmer Lake Recreation Area and National Forest trails, you’ll have access to paddle boarding, hiking, biking, pickleball, and year-round community events. Zoned for award-winning Lewis-Palmer School District and offering easy access to I-25. This property has been operated as a successful short term rental. All furniture and washer and dryer are negotiable. This is one of the best values currently available in Palmer Lake. Opportunities like this don’t last, schedule your showing and see the difference for yourself.

25 Sailing Way, Palmer Lake

Courtesy of eXp Realty, LLC . karie@kmclainhomes.com,719-213-7414
$609,000
3 Beds ⋅ 2 Baths ⋅ 8883635 MLS
Welcome to "Almost Heaven" beautiful and charming Palmer Lake. This stunning small mountain town is rich in nature with majestic mountains and butte views. It's convenient location at the foothills of the Rocky Mountains provides easy access to both Denver and to Colorado Springs. It is both quiet and peaceful yet filled with a calendar of family friendly events. The great spring-fed lake offers fishing, kayaking, paddle boarding, ice fishing and ice hockey and it is surrounded with a walking path. You can also enjoy the pickle ball court, disc golf, hiking, bike riding and so many other recreational activities that you are only limited by your imagination. This small town Forth of July celebration is a huge blast. This home offers a newly updated kitchen with granite countertops, subway tile, a new sink and garbage disposal and great stainless steel appliances, all new luxury vinyl floors and new carpet, newly renovated bathroom, some new lighting and ceiling fans. The roof has also been upgraded with the highest rated impact-resistant class 4 shingles. The lot is .30 square foot providing plenty of open space. Your evenings can be filled with the serenity of the panoramic views and cool mountain air while you sit out on your deck or patio. This home and location has so much to offer, call now for a showing.

320 Columbine Road, Palmer Lake

Courtesy of Main Street Brokers . realtybyloriebeck@gmail.com,719-641-0477
$825,000
5 Beds ⋅ 3 Baths ⋅ 2617090 MLS
~BACK WITH A NEW & IMPROVED DRIVEWAY~ You’ll feel like you’re living in your own mountain oasis in this Palmer Lake home. Imagine waking each morning to a herd of deer wandering through the open pasture beyond your yard, with sweeping Front Range views in the distance. Set on a spacious 0.86-acre lot, this home blends the charm of Palmer Lake living with the comfort of modern construction. The thoughtfully designed ranch floor plan offers the ease of main-level living with the primary suite & laundry on the main floor. A finished walk-out basement with kitchenette expands the home’s possibilities with generous space for guests, entertaining, or multi-generational living. 3 separate zones for heating & cooling provides customizable comfort & lower utility bills. Take in the views toward town from the covered front porch, where you can spot the historic Palmer Lake Star during the holidays & the Fourth of July fireworks. Step inside to soaring vaulted ceilings & an inviting, light-filled living space. The room just off the entry offers incredible flexibility & could be used for a formal dining room, sitting room, library, or listening lounge. The kitchen features hardwood floors, granite countertops, crisp white cabinetry, & plenty of eat-in dining space. Upstairs, a cozy loft filled with natural light makes a perfect hobby room, craft space, or playroom. The spacious main-level primary suite includes a spa-like bathroom with walk-in shower & large jetted tub. Two additional bedrooms & a full guest bath complete the main floor. Downstairs, the walk-out basement offers newer LVP flooring, a wood-burning stove, kitchenette with full refrigerator, two generous bedrooms, another bathroom, & a rec room with unfinished space ideal for a workshop and storage. Limitless outdoor recreation—hiking, biking, fishing, kayaking, and more—plus beloved community events throughout the year, life in Palmer Lake is truly something special!

261 Pinecrest Way, Palmer Lake

Courtesy of REMAX PROPERTIES . kelly@dreamhomesco.com
$769,990
5 Beds ⋅ 3 Baths ⋅ 3698575 MLS
Beautiful rancher with breathtaking mountain views! This is the perfect mountain retreat with 5 bedrooms, 3 bathrooms & an oversized 2 car garage on an extraordinary lot with unobstructed views of the Front Range Mountains & twinkling city lights at night. Located within walking distance to the scenic Santa Fe Trail in Palmer Lake. This meticulously maintained residence boasts a newer roof, elegant stucco exterior, and fenced yard. As you step inside you will notice gleaming hardwood floors and new knotty alder wood doors and baseboards, architectural arches, and charming built-in niches that add character and sophistication. The views you see from the entire back of the house are overwhelming with the grandeur of the Rocky Mountains. High ceilings and an open floor plan are enhanced by freshly painted interiors. The master bathroom has been exquisitely renovated, a serene oasis featuring subtle, delightful warmth from in floor radiant heating, a luxurious soaking tub, a modern walk-in shower, new tile throughout, dual vanity spaces, and abundant natural light. From the dining area, walk out to the expansive deck, overlooking the valley with unparalleled mountain vistas - a perfect setting for relaxation or entertaining, with views stretching for miles. There are 3 bedrooms & 2 bathrooms on the main level. The basement has ample storage rooms, a spacious family room with wet bar, 2 bedrooms & a full bathroom. One of the large storage rooms could easily be transformed into a theater room. Walk out to a beautifully stoned patio & unobstructed views of the mountains. The basement is perfect for multi-generational family living as the basement can be locked out from the main level & has its own ingress/egress. Enjoy the perfect blend of luxury & convenience in this exceptional property, where every detail has been thoughtfully curated for modern living! 3 minute walk to Palmer Lake & easy access to unlimited hiking! This is Colorado at its finest!

126 Star View Circle, Palmer Lake

Courtesy of Mountain View Real Estate Group LLC . 719-200-6820
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