VIEWS FOR DAYS!!! What a great condo nestled in the heart of west side! Look out your back window and take in the breathtaking million dollar view! This well maintained home in an upkept community is a literal hidden gem! When walking in the secured door you'll find a double car garage and an additional door that will lead you to your home. As soon as you walk in you are drawn to the brightness and views that make living here so exciting! The open floor plan offers a convenience that's perfect for entertaining and enjoying every aspect of this home! as you flow through the living area and kitchen you'll find a balcony that sits over an open space allowing you to just get lost in the serenity while soaking up the views! The main level bedroom adjoins to a large bathroom and laundry room with ANOTHER PRIVATE balcony off the front. Upstairs you will find a large loft bedroom with an adjoined bathroom and large closet. Large windows and vaulted ceilings maximize the light and this condos best features! Call to schedule a showing today!
Sold for $265,000
$265,000
542 Observatory Dr, Colorado Springs, CO 80904
2beds
1,212sqft
Condominium
Built in 1984
-- sqft lot
$261,900 Zestimate®
$219/sqft
$1,765 Estimated rent
Home value
$261,900
$249,000 - $275,000
$1,765/mo
Zestimate® history
Owner options
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$1,765/mo
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$1,891/mo
Est. payment
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$1,891/mo
Est. payment
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List your homeWhat's special
Private balconyMillion dollar viewVaulted ceilingsLarge loft bedroomLarge bathroomLarge closetOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Jessica Maloney ABR GRI 719-216-9542,
Gold Group Realty, LLC
Bought with:
Jacob Kurz
Better Homes and Gardens Real Estate Kenney & Company
Source: elevateMLS,MLS#: 9996365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Heating
- Electric, Forced Air, Wood
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Main Level
Features
- Vaulted Ceiling(s), High Speed Internet
- Flooring: Carpet
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 1,212
- Total interior livable area: 1,212 sqft
- Finished area above ground: 1,212
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Paved Driveway
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Second Floor
- Fencing: None
- Has view: Yes
- View description: Mountain(s), View of Pikes Peak, View of Rock Formations
Lot
- Size: 0 Square Feet
- Features: Backs to Open Space, Wooded, See Remarks, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, HOA Required $, Landscaped
Details
- Parcel number: 7412317035
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Frame
- Foundation: Crawl Space
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Parks or Open Space, Landscape Maintenance
HOA
- Has HOA: Yes
- Services included: Insurance, Lawn, Maintenance Grounds, Snow Removal, Trash Removal
- HOA fee: $375 monthly
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $310,470
- Annual tax amount: $912
- Date on market: 7/5/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $265,000$219/sqft |
Source:  elevateMLS #9996365 Report a problem | ||
| 8/9/2025 | Contingent | $265,000$219/sqft |
Source: elevateMLS #9996365 Report a problem | ||
| 7/5/2025 | Listed for sale | $265,000+179.2%$219/sqft |
Source: elevateMLS #9996365 Report a problem | ||
| 12/7/1993 | Sold | $94,900$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $804 -6.7% | $20,800 |
| 2023 | $862 -7.9% | $20,800 +35.1% |
| 2022 | $935 | $15,400 -2.8% |
| 2021 | -- | $15,850 +22.4% |
| 2020 | $879 +0.5% | $12,950 |
| 2019 | $874 +6.5% | $12,950 +9.7% |
| 2018 | $821 -5.3% | $11,810 |
| 2017 | $867 +5.6% | $11,810 -5% |
| 2016 | $821 +13.9% | $12,430 |
| 2015 | $721 +11.8% | $12,430 +16.1% |
| 2014 | $644 | $10,710 |
| 2013 | -- | -- |
| 2012 | -- | $11,700 |
| 2011 | $741 | $11,700 -6.8% |
| 2010 | -- | $12,560 |
| 2009 | -- | $12,560 -5.1% |
| 2008 | -- | $13,240 |
| 2006 | -- | $13,240 +17.5% |
| 2004 | -- | $11,270 |
| 2003 | $690 +3.7% | $11,270 -7.1% |
| 2002 | $665 +23.1% | $12,130 +30.3% |
| 2001 | $540 | $9,310 |
Find assessor info on the county website
Neighborhood: Old Colorado City
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Bristol Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Holmes Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Coronado High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Bristol
- Middle: Holmes
- High: Coronado
- District: Colorado Springs 11
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$261,900
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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
$261,900
- Colorado
- El Paso County
- Colorado Springs
- 80904
- Old Colorado City
- 542 Observatory Dr
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