Four bedroom Home in Meridian Ranch with Finished Basement plus second kitchen, Outdoor Play Yard & 2024 Major System Updates. Looking for living in Meridian Ranch with space, updates, and a setup that actually works for real life? This Ranch style home gives you that balance of comfort and convenience, with close access to schools, parks, and a quick drive to Colorado Springs plus Peterson Space Force Base and Schriever, making it an easy choice for anyone wanting to stay connected without giving up space. Inside, this property style offers main level living with an open concept layout that flows from a remodeled kitchen with white cabinets, stainless steel appliances, and clean finishes right into the living room with a brick stone fireplace that adds warmth without feeling heavy. Flooring is a good mix of plank, tile, and comfort where you want it, while the primary suite feels like its own retreat with detailed tile, granite countertops, a soaking tub, and separate shower. The finished basement brings serious flexibility with a full second kitchen including stove, microwave, sink, and fridge, plus surround sound, making it ideal for multi generational living, guests, or kids. Big updates are already done with new windows, furnace, AC, and hot water heater all in 2024, along with newer paint and LVP flooring, so you are not walking into a list of projects. Outside is where the lifestyle really shows up with a xeriscaped backyard, new deck, underground trampoline, and sand pit that create a space to relax, play, and actually enjoy being home. Solar panels will be paid off at closing, helping keep utility costs low, and giving you long term savings without the upfront cost. This Peyton home in Meridian Ranch brings together location, layout, and upgrades in a way that is hard to find right now.
Under contract
Price cut: $10K (5/29)
$539,999
12231 Sleeping Bear Rd, Peyton, CO 80831
4beds
3,076sqft
Single Family Residence
Built in 2005
7,383 Square Feet Lot
$-- Zestimate®
$176/sqft
$10/mo HOA
What's special
Brick stone fireplaceFinished basementXeriscaped backyardUnderground trampolineDetailed tileNew deckSand pit
- 77 days |
- 196 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Crystal Sisler 719-238-1771,
Exp Realty LLC
Source: elevateMLS,MLS#: 2672489
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Other
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15 x 15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Main Level
Features
- 5-Pc Bath, 9Ft + Ceilings, Great Room, Pantry, Wet Bar
- Windows: Window Coverings
- Basement: Partially Finished
- Has fireplace: Yes
Interior area
- Total structure area: 3,076
- Total interior livable area: 3,076 sqft
- Finished area above ground: 1,542
- Finished area below ground: 1,534
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Oversized, Concrete Driveway
- Attached garage spaces: 2
Features
- Fencing: Back Yard
Lot
- Size: 7,383 Square Feet
- Features: Level, Near Fire Station, Near Park, Near Schools, Near Shopping Center, HOA Required $, Landscaped
Details
- Parcel number: 4230210012
- Other equipment: Home Theater
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Frame
- Foundation: Walk Out
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 2005
Utilities & green energy
- Water: Assoc/Distr
- Utilities for property: Electricity Connected, Natural Gas Connected
Green energy
- Indoor air quality: Radon System
Community & HOA
Community
- Features: Community Center, Dining, Golf, Hiking or Biking Trails, Parks or Open Space, Shops
HOA
- Has HOA: Yes
- Services included: Covenant Enforcement
- HOA fee: $115 annually
Location
- Region: Peyton
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $525,897
- Annual tax amount: $3,225
- Date on market: 4/10/2026
- Listing terms: Assumable,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 |
|---|---|---|
| 6/1/2026 | Contingent | $539,999$176/sqft |
Source: | ||
| 5/29/2026 | Price change | $539,999-1.8%$176/sqft |
Source: | ||
| 5/8/2026 | Price change | $549,999-2.7%$179/sqft |
Source: | ||
| 4/10/2026 | Listed for sale | $564,999+28.4%$184/sqft |
Source: | ||
| 7/14/2024 | Listing removed | $440,000-6.4%$143/sqft |
Source: | ||
| 7/13/2021 | Sold | $470,000+6.8%$153/sqft |
Source: Agent Provided Report a problem | ||
| 6/18/2021 | Listed for sale | $440,000+72.5%$143/sqft |
Source: | ||
| 10/25/2019 | Listing removed | $1,950-2.5%$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 9/17/2019 | Price change | $2,000-4.8%$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 8/27/2019 | Listed for rent | $2,100$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 5/13/2018 | Listing removed | $2,100$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 5/1/2018 | Listed for rent | $2,100+12%$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 5/10/2017 | Listing removed | $1,875$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 5/8/2017 | Listed for rent | $1,875$1/sqft |
Source: Property Mill Real Estate Group Report a problem | ||
| 11/16/2010 | Sold | $255,000-1.9%$83/sqft |
Source: Public Record Report a problem | ||
| 7/3/2010 | Price change | $260,000-5.5%$85/sqft |
Source: Prudential Real Estate #644900 Report a problem | ||
| 6/5/2010 | Price change | $274,987-3.5%$89/sqft |
Source: McGinnis and Associates, Inc. #672711 Report a problem | ||
| 5/1/2010 | Listed for sale | $284,987+21.4%$93/sqft |
Source: McGinnis and Associates, Inc. #672711 Report a problem | ||
| 4/7/2005 | Sold | $234,800+427.6%$76/sqft |
Source: Public Record Report a problem | ||
| 12/1/2004 | Sold | $44,500$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,100 +20.1% | $35,230 |
| 2023 | $2,582 -3.5% | $35,230 +37.7% |
| 2022 | $2,676 | $25,580 -2.8% |
| 2021 | -- | $26,320 +16.4% |
| 2020 | $2,481 +0.6% | $22,620 |
| 2019 | $2,467 +35.1% | $22,620 +29.1% |
| 2018 | $1,826 -5.4% | $17,520 |
| 2017 | $1,930 +5.7% | $17,520 +3.9% |
| 2016 | $1,826 +6.4% | $16,860 |
| 2015 | $1,716 +8.5% | $16,860 +9.9% |
| 2014 | $1,581 | $15,340 |
| 2013 | -- | -- |
| 2012 | -- | $16,490 |
| 2011 | $1,826 | $16,490 -10% |
| 2010 | -- | $18,320 |
| 2009 | -- | $18,320 +1% |
| 2008 | -- | $18,140 |
| 2006 | -- | $18,140 +459.9% |
| 2004 | -- | $3,240 +107.7% |
| 2003 | $9 | $1,560 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 80831
Nearby schools
GreatSchools rating
- 5/10Meridian Ranch International SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Falcon Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Falcon High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: District 49
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
- Peyton
- 80831
- 12231 Sleeping Bear Rd







