Palmer Lake Homes with Finished Basement

Welcome to Palmer Lake, Colorado – a hidden gem nestled in the heart of El Paso County. This picturesque town, enveloped by the breathtaking beauty of the Rocky Mountains, offers a unique blend of tranquility and adventure. With its charming small-town atmosphere, Palmer Lake is perfect for those seeking a peaceful retreat while remaining close to the vibrant pulse of Colorado Springs, just a short drive away.

One of the most appealing aspects of Palmer Lake is its diverse real estate market, particularly homes with finished basements. These thoughtfully designed spaces provide endless possibilities for homeowners. Imagine creating a cozy family room, a vibrant play area for the kids, or even a private home office – the options are as limitless as your imagination! Finished basements not only enhance your living space but also add significant value to your property, making them a wise investment for the future.

In addition to its stunning homes, Palmer Lake boasts a wealth of outdoor activities. Residents can explore the scenic trails, enjoy fishing in the serene waters of the lake, or take in the breathtaking views from the nearby hills. The community is known for its friendly atmosphere, with local events and gatherings that foster a strong sense of belonging.

Whether you’re a first-time homebuyer or looking to upgrade, Palmer Lake offers a variety of homes with finished basements that cater to your lifestyle. Embrace the charm of this enchanting town and discover the perfect place to call home in Palmer Lake, Colorado!

Newest Palmer Lake Homes with Finished Basement

$780,000

4 Beds ⋅ 3 Baths ⋅ 2606997 MLS

Set on a beautifully landscaped double lot surrounded by mature trees, this meticulously maintained Palmer Lake home offers four bedrooms, three bathrooms, mountain views, exceptional outdoor living, and a versatile floor plan with plenty of room to gather, entertain, work, and unwind. Inside, formal and informal dining areas provide options for everyday meals and larger gatherings, while separate living and family rooms offer multiple spaces to relax and entertain. An oversized bonus room provides flexibility for an additional bedroom, home office, hobby room, or guest space. A dedicated recreation room with an included pool table adds another dimension to the home and provides additional space for entertaining or relaxing. Outdoor living is a standout feature with two decks totaling approximately 600 square feet and beautiful views from both. The lower deck functions as an indoor-outdoor retreat with sliding panels and an included hot tub, creating a comfortable space to enjoy throughout much of the year. The mature trees create a peaceful setting with plenty of usable outdoor space. The front yard is fenced, and tucked among the trees is a treehouse complete with bunk beds. A two-car garage provides additional parking and storage. Located in Palmer Lake and Lewis-Palmer School District 38, the property offers convenient access to trails, hiking, outdoor recreation, local restaurants, downtown Palmer Lake, Monument, and I-25. Extensive maintenance and updates completed over the years reflect true pride of ownership in a home designed to make the most of both indoor and outdoor Colorado living. **** Take a look at the virtual tour to get a real feel for the layout of the home. Included- Hot tub and outdoor TV, pool table, accessories, and pool table TV, refrigerator in basement, washer, dryer, refrigerator in kitchen

821 3rd St, Palmer Lake

Courtesy of Lee and Associates Real Estate Inc. . leeassociatesre@gmail.com,719-963-6032

$375,000

3 Beds ⋅ 3 Baths ⋅ 8539112 MLS

30 Vale Cir, Palmer Lake

Courtesy of eXp Realty, LLC . 719-425-3835

$1,675,000

5 Beds ⋅ 5 Baths ⋅ 8052021 MLS

Short-term rentals are allowed and owners will consider a lease purchase at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka’s designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area. The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail. Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way—an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.

400 Valley Crescent St, Palmer Lake

Courtesy of Engel & Volkers Denver . Juliee.Ragusa@engelvoelkers.com,228-304-2319

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