Why settle for a condo that feels like every other one on the market? Tucked into the heart of Monument, this thoughtfully updated ground-floor condo offers the ease of true main-level living with features that are surprisingly hard to find at this price point. The spacious living room centers around a cozy fireplace, while the updated bathroom, dedicated furnace (not shared with neighboring units), and functional layout make everyday living both comfortable and convenient. Whether you're buying your first home, looking to downsize, or simply wanting a low-maintenance lifestyle, this home lets you spend less time worrying about upkeep and more time enjoying everything Monument has to offer. Grab coffee at one of the local cafés, explore nearby trails, or hop onto I-25 for an easy commute to Colorado Springs or Denver. Located in the highly sought-after Lewis-Palmer School District and just minutes from shopping, dining, parks, and everyday conveniences, this move-in-ready condo offers exceptional value in one of Monument's most desirable communities. The best homes aren't always the biggest, they're the ones that make life easier. Come see why this one just might be the perfect fit.
For sale
Price cut: $16K (6/24)
$259,000
1140 Magic Lamp Way #3, Monument, CO 80132
2beds
1,058sqft
Condominium
Built in 1980
-- sqft lot
$-- Zestimate®
$245/sqft
$425/mo HOA
What's special
Cozy fireplaceThoughtfully updated ground-floor condoTrue main-level livingUpdated bathroomDedicated furnaceFunctional layout
- 73 days |
- 250 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Breanne Rinkema ABR C2EX LHC MRP 719-510-2858,
Real Broker, LLC DBA Real,
David Umphress 303-330-7894
Source: elevateMLS,MLS#: 3189801
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Electric Hook-up, Main Level
Features
- 9Ft + Ceilings, Great Room, Breakfast Bar, Pantry
- Flooring: Carpet, Ceramic Tile
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas, One
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,058
- Total interior livable area: 1,058 sqft
- Finished area above ground: 1,058
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Carport, Detached, Concrete Driveway
- Garage spaces: 2
- Has carport: Yes
Features
- Entry location: Ground Floor
- Patio & porch: Concrete
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: Level, Hiking Trail, Near Park, Near Public Transit, Near Schools, Near Shopping Center, HOA Required $, Landscaped
Details
- Parcel number: 7124202029
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Concrete, Frame
- Foundation: Crawl Space
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1980
Utilities & green energy
- Water: Assoc/Distr
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Green Areas, Landscape Maintenance
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Security, Snow Removal, Trash Removal
- HOA fee: $400 monthly
- Second HOA fee: $300 annually
Location
- Region: Monument
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $230,465
- Annual tax amount: $745
- Date on market: 4/23/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $259,000-5.8%$245/sqft |
Source:  elevateMLS #3189801 Report a problem | ||
| 5/26/2026 | Price change | $275,000-6.8%$260/sqft |
Source: elevateMLS #3189801 Report a problem | ||
| 4/23/2026 | Listed for sale | $295,000+20.4%$279/sqft |
Source: elevateMLS #3189801 Report a problem | ||
| 3/31/2022 | Sold | $245,000+2.1%$232/sqft |
Source: Public Record Report a problem | ||
| 3/11/2022 | Contingent | $240,000$227/sqft |
Source: elevateMLS #1530256 Report a problem | ||
| 3/8/2022 | Listed for sale | $240,000+8.1%$227/sqft |
Source: elevateMLS #1530256 Report a problem | ||
| 6/21/2021 | Sold | $222,000+146.7%$210/sqft |
Source: Public Record Report a problem | ||
| 4/16/2010 | Sold | $90,000+2.3%$85/sqft |
Source: Public Record Report a problem | ||
| 3/2/2006 | Sold | $88,000+5.4%$83/sqft |
Source: Public Record Report a problem | ||
| 5/3/2000 | Sold | $83,500$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $644 -24.9% | $15,440 |
| 2023 | $857 -3.4% | $15,440 +21.9% |
| 2022 | $887 | $12,670 -2.8% |
| 2021 | -- | $13,040 +17.5% |
| 2020 | $788 +0.5% | $11,100 |
| 2019 | $784 +20.3% | $11,100 +27% |
| 2018 | $651 0% | $8,740 |
| 2017 | $651 +0% | $8,740 +12.1% |
| 2016 | $651 +19.7% | $7,800 |
| 2015 | $544 -12.5% | $7,800 -8.5% |
| 2014 | $622 | $8,520 |
| 2013 | -- | -- |
| 2012 | -- | $8,990 |
| 2011 | $723 | $8,990 -4.3% |
| 2010 | -- | $9,390 |
| 2009 | -- | $9,390 +24.9% |
| 2008 | -- | $7,520 |
| 2006 | -- | $7,520 +11.1% |
| 2004 | -- | $6,770 |
| 2003 | $559 +3.1% | $6,770 -4.9% |
| 2002 | $542 0% | $7,120 +3.3% |
| 2001 | $542 | $6,890 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 80132
Nearby schools
GreatSchools rating
- 7/10Bear Creek Elementary SchoolGrades: PK-6Distance: 1 mi
- 5/10Lewis-Palmer Middle SchoolGrades: 7-8Distance: 1.7 mi
- 8/10Lewis-Palmer High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Bear Creek
- Middle: Lewis Palmer
- High: Lewis Palmer
- District: Lewis-Palmer-38
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- El Paso County
- Monument
- 80132
- 1140 Magic Lamp Way Unit 3
Nearby cities
Nearby zip codes
Other Monument Topics
