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Sold for $279,000
  • $279,000

    581 Observatory Dr, Colorado Springs, CO 80904

    2beds
    1,212sqft
    Condominium
    Built in 1984
    -- sqft lot
    $275,700 Zestimate®
    $230/sqft
    $1,765 Estimated rent

    Home value

    $275,700

    $262,000 - $289,000

    $1,765/mo

    Zestimate® history
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    What's special

    There are addresses in Colorado Springs where the lifestyle does the selling-and this is one of them! Tucked into the quiet enclave of Promontory Point on the Westside, this charming two-story condo puts you minutes from some of the most coveted outdoor playgrounds in the entire Front Range. Bike to Red Rock Canyon Open Space or to the iconic sandstone formations of Garden of the Gods. Tackle the Manitou Incline, wander the trails of Bear Creek Canyon, or lose an afternoon exploring the shops, restaurants, and character of Old Colorado City-all within reach before your coffee gets cold. Downtown Colorado Springs and its nightlife, boutiques, and dining scene are just five minutes in the other direction. Inside, this home feels like the west side-warm, light-filled, and cozy. Vaulted ceilings and ample windows peak the mountain views and remind you exactly why you chose Colorado. A wood-burning fireplace anchors the open living area, and the kitchen keeps pace-open, light filled, and finished with high-end quartz countertops that provide a generous amount of counter space. Two private decks, one off the living room and one off the primary suite, give you front-row seats every morning and evening to the beautiful sunrises and sunsets of Colorado Springs. Two spacious bedrooms each have their own dedicated en-suite bath and walk-in closet, and a clever split-bath layout means the toilet and second vanity are accessible from the living area-keeping the primary suite truly private while guests are always taken care of. The oversized, well lit tandem garage adds room for vehicles, bikes, gear, and all the equipment a Colorado lifestyle demands. Central AC keeps things comfortable year-round, a feature that is far from guaranteed on the Westside. And when it comes to maintenance, the HOA has it handled, exterior, roof, decks, and homeowners insurance are all included, leaving you free to simply enjoy the life you moved here for. Welcome to the Colorado Springs Westside.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josiah Whitten 719-433-1448,

    Real Broker, LLC DBA Real

    Bought with:

    Amy Knight MRP

    HomesIQ

    Source: elevateMLS,MLS#: 2676397MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Other
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 12 x 15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven, Range, Refrigerator
    • Laundry: Main Level
    Features
    • High Speed Internet
    • Flooring: Carpet, Ceramic Tile, Wood
    • 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, Tandem, Garage Door Opener, Oversized
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Second Floor
    • Patio & porch: Composite, Wood Deck
    • Has view: Yes
    • View description: Mountain(s), View of Pikes Peak
    Lot
    • Size: 518 Square Feet
    • Features: Wooded, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, HOA Required $
    Details
    • Parcel number: 7412317057

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Frame
    • Foundation: Not Applicable
    • Roof: Tile
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Green Areas, Landscape Maintenance
    HOA
    • Has HOA: Yes
    • Services included: Covenant Enforcement, Insurance, Lawn, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash Removal
    • HOA fee: $395 monthly
    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $310,470
    • Annual tax amount: $912
    • Date on market: 5/19/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/8/2026Sold$279,000$230/sqft
    Source: elevateMLS #2676397 Report a problem
    6/8/2026Contingent$279,000$230/sqft
    Source: elevateMLS #2676397 Report a problem
    5/19/2026Listed for sale$279,000-7%$230/sqft
    Source: elevateMLS #2676397 Report a problem
    5/9/2026Listing removed$299,900$247/sqft
    Source: elevateMLS #9354884 Report a problem
    4/21/2026Price change$299,900-3.2%$247/sqft
    Source: elevateMLS #9354884 Report a problem
    4/2/2026Price change$309,900-2.9%$256/sqft
    Source: elevateMLS #9354884 Report a problem
    3/20/2026Listed for sale$319,000+8.1%$263/sqft
    Source: elevateMLS #9354884 Report a problem
    11/22/2023Sold$295,000-1.7%$243/sqft
    Source: elevateMLS #3637832 Report a problem
    11/5/2023Contingent$300,000$248/sqft
    Source: elevateMLS #3637832 Report a problem
    10/11/2023Price change$300,000-3.2%$248/sqft
    Source: elevateMLS #3637832 Report a problem
    9/27/2023Listed for sale$309,900+98.7%$256/sqft
    Source: elevateMLS #3637832 Report a problem
    5/25/2015Listing removed$156,000$129/sqft
    Source: Hope White The Real Estate Company Report a problem
    5/25/2015Listed for sale$156,000$129/sqft
    Source: Hope White The Real Estate Company Report a problem
    5/22/2015Sold$156,000-2.4%$129/sqft
    Source: Public Record Report a problem
    5/13/2015Listed for sale$159,900$132/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/30/2015Pending sale$159,900$132/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/20/2015Price change$159,900-3%$132/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/19/2015Price change$164,900+3.1%$136/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/14/2015Price change$159,900-3%$132/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/9/2015Price change$164,900+3.1%$136/sqft
    Source: Hope White The Real Estate Company Report a problem
    4/2/2015Price change$159,900-3%$132/sqft
    Source: Hope White The Real Estate Company Report a problem
    1/27/2015Listed for sale$164,900+3.1%$136/sqft
    Source: Hope White The Real Estate Company Report a problem
    10/1/2007Sold$160,000+18.5%$132/sqft
    Source: Public Record Report a problem
    3/8/2004Sold$135,000$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $275,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $275,700