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  • Zillow Home logoZestimate®
    $603,900

    5137 Palomino Rnch, Colorado Springs, CO 80922

    3beds
    2,741sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $603,900 Zestimate®
    $220/sqft
    $2,437 Estimated rent

    Home value

    $603,900

    $562,000 - $640,000

    $2,437/mo

    Zestimate® history
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    Owner options

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    $2,437/mo

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    $2,437/mo

    Rent Zestimate®

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    $3,775/mo

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    $3,775/mo

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    What's special

    Modern finishesSpacious primary suiteStylish half bathAbundant natural lightConvenient pantrySleek stainless steel appliancesPrivate ensuite bathroom

    Be among the first to call this beautiful, brand-new townhome in Palomino Ranch home! Thoughtfully designed with modern finishes, abundant natural light, and versatile living space, this stunning 3-bedroom, 2.5-bath home offers the perfect blend of style, comfort, and convenience in a desirable Colorado Springs location. Step inside to a bright, welcoming open-concept main level designed for both everyday living and effortless entertaining. The spacious kitchen serves as the heart of the home, sleek stainless steel appliances, a convenient pantry, and plenty of counter and cabinet space. The kitchen flows seamlessly into the dining and living areas, creating a warm and inviting space to relax, gather, and make yourself at home. Side door off kitchen leads to a private patio area. Tucked privately toward the back of the main level, the spacious primary suite provides a peaceful retreat complete with a private ensuite bathroom. A conveniently located laundry room is just steps away, and a stylish half bath completes the main level. Upstairs, you'll find two comfortable bedrooms and a full bathroom, offering plenty of flexibility for family, guests, a home office, or whatever best fits your lifestyle. And the space doesn't stop there! The impressive 1,100-square-foot unfinished basement provides an abundance of additional room and endless possibilities, whether you need extra storage, a hobby area, home gym, workshop, or future bonus space. Outside, enjoy the added convenience of two 1-car detached garages located directly behind the townhome. A washer and dryer are included, along with custom blinds, making this home truly move-in ready. With the HOA handling exterior maintenance, you can spend less time worrying about upkeep and more time enjoying your new home. Ideally situated near military bases, shopping, restaurants, schools, hospitals, and the Power Corridor, Palomino Ranch offers the convenience of having everyday essentials close at hand while providing a fresh, modern community setting. With its thoughtful layout, abundant space, modern finishes, and convenient location, this brand-new townhome is ready to welcome you home. Come experience all that Palomino Ranch has to offer! 1. A prospective tenant has the right to provide to the landlord a portable tenant screening report, as defined in section 38-12-902(2.5), Colorado Revised Statutes; and 2. If a prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from: Charging the prospective tenant a rental application fee; or Charging the prospective tenant a fee for the landlord to access or use the portable tenant screening report

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Garbage Disposal, Microwave Oven, Range, Refrigerator, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 2,741 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 5319203097

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,095
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $432,489
    • Annual tax amount: $122
    • Date on market: 9/26/2026
    • Date available: 09/26/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    9/30/2026Listing removed$2,095$1/sqft
    Source: Zillow Rentals Report a problem
    9/26/2026Listed for rent$2,095$1/sqft
    Source: Zillow Rentals Report a problem
    10/22/2025Listing removed$443,000$162/sqft
    Source: elevateMLS #5960322 Report a problem
    10/8/2025Price change$443,000-0.2%$162/sqft
    Source: elevateMLS #5960322 Report a problem
    6/3/2025Price change$444,000-2.2%$162/sqft
    Source: elevateMLS #5960322 Report a problem
    4/9/2025Price change$454,000-0.5%$166/sqft
    Source: elevateMLS #5960322 Report a problem
    4/2/2025Listed for sale$456,500-0.5%$167/sqft
    Source: elevateMLS #5960322 Report a problem
    7/16/2024Price change$459,000-2.1%$167/sqft
    Source: elevateMLS #5960322 Report a problem
    3/20/2024Listed for sale$469,000+13%$171/sqft
    Source: elevateMLS #5960322 Report a problem
    7/13/2023Sold$415,000$151/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$122 -89.7%$30,490 +396.6%
    2024$1,184 +226.8%$6,140 -33.5%
    2023$362 +136%$9,230 +58.3%
    2022$154 $5,830 +138.9%
    2021-- $2,440 +29.1%
    2020$120 +26.5%$1,890 +25.2%
    2019$95 $1,510
    Find assessor info on the county website

    Neighborhood: Powers

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $603,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $603,900