Welcome to this beautifully maintained 2-bedroom, 2-bathroom single-level condo in the desirable Promontory Point community. The living room offers a cozy atmosphere with a welcoming fireplace, a stunning hearth, and built-in storage. The dining area flows seamlessly to a private patio through French doors, where you can relax and enjoy the open green space. A spacious family room provides endless possibilities—perfect for a home office, exercise room, or entertainment area. Neutral paint throughout creates a clean, move-in ready feel, complemented by tile flooring in the kitchen and both bathrooms. With a timeless stucco exterior and durable tile roof, this home combines charm with low-maintenance living. Enjoy the tranquility of quiet west side living while being just minutes from downtown with convenient access to I-25.
Sold for $300,000
$300,000
585 Observatory Dr, Colorado Springs, CO 80904
2beds
1,097sqft
Condominium
Built in 1984
-- sqft lot
$305,100 Zestimate®
$273/sqft
$1,637 Estimated rent
Home value
$305,100
$281,000 - $330,000
$1,637/mo
Zestimate® history
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List your homeWhat's special
Welcoming fireplacePrivate patioTimeless stucco exteriorSpacious family roomOpen green spaceStunning hearthTile flooring
Zillow last checked:
Listing updated:
Listed by:
Karsten Musaeus 719-439-9898,
Keller Williams Clients Choice Realty
Bought with:
Ricky Allen ABR CDPE CRS GREEN GRI
REMAX PROPERTIES
Source: elevateMLS,MLS#: 2097632
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Other
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15 x 12
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Main Level
Features
- Flooring: Carpet, Ceramic Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: One
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,097
- Total interior livable area: 1,097 sqft
- Finished area above ground: 1,097
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Concrete Driveway
- Attached garage spaces: 1
Features
- Patio & porch: Concrete, See Prop Desc Remarks
- Fencing: Back Yard
Lot
- Size: 1,485 Square Feet
- Features: Level, See Remarks, Hiking Trail, Landscaped
Details
- Parcel number: 7412317058
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Frame
- Foundation: Slab
- Roof: Tile
Condition
- Existing Home
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected, Phone Available
Community & HOA
Community
- Features: Parks or Open Space, Green Areas, Landscape Maintenance
HOA
- Has HOA: Yes
- Services included: Covenant Enforcement, Insurance, Maintenance Grounds, Maintenance Structure, Management, Snow Removal, Trash Removal
- HOA fee: $375 monthly
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $311,207
- Annual tax amount: $915
- Date on market: 10/2/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $300,000+0%$273/sqft |
Source:  elevateMLS #2097632 Report a problem | ||
| 10/13/2025 | Pending sale | $299,999$273/sqft |
Source: elevateMLS #2097632 Report a problem | ||
| 10/2/2025 | Listed for sale | $299,999-9.1%$273/sqft |
Source: elevateMLS #2097632 Report a problem | ||
| 10/25/2024 | Sold | $330,000$301/sqft |
Source: elevateMLS #4318494 Report a problem | ||
| 10/1/2024 | Pending sale | $330,000$301/sqft |
Source:  REcolorado as distributed by MLS GRID #6081360 Report a problem | ||
| 9/7/2024 | Price change | $330,000-2.9%$301/sqft |
Source: REcolorado as distributed by MLS GRID #6081360 Report a problem | ||
| 8/9/2024 | Listed for sale | $340,000+112.5%$310/sqft |
Source: REcolorado as distributed by MLS GRID #6081360 Report a problem | ||
| 11/18/2005 | Sold | $160,000+10.3%$146/sqft |
Source: Public Record Report a problem | ||
| 4/19/2002 | Sold | $145,000+27.8%$132/sqft |
Source: Public Record Report a problem | ||
| 10/3/1997 | Sold | $113,500$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $807 -15.7% | $20,850 |
| 2023 | $957 -7.9% | $20,850 +21.9% |
| 2022 | $1,039 | $17,110 -2.8% |
| 2021 | -- | $17,610 +22.1% |
| 2020 | $979 +0.5% | $14,420 |
| 2019 | $973 +11.3% | $14,420 +14.6% |
| 2018 | $874 -5.3% | $12,580 |
| 2017 | $923 +5.6% | $12,580 -4.9% |
| 2016 | $874 +14% | $13,230 |
| 2015 | $767 +18.2% | $13,230 +22.7% |
| 2014 | $649 | $10,780 |
| 2013 | -- | -- |
| 2012 | -- | $11,780 |
| 2011 | $701 | $11,780 -0.8% |
| 2010 | -- | $11,880 |
| 2009 | -- | $11,880 -5.1% |
| 2008 | -- | $12,520 |
| 2006 | -- | $12,520 +13.4% |
| 2004 | -- | $11,040 |
| 2003 | $614 +3.7% | $11,040 +2.3% |
| 2002 | $592 -5.2% | $10,790 +0.3% |
| 2001 | $624 | $10,760 |
Find assessor info on the county website
Neighborhood: Old Colorado City
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Nearby schools
GreatSchools rating
- 6/10Bristol Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Holmes Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Coronado High SchoolGrades: 9-12Distance: 2.3 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
$305,100
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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
$305,100
- Colorado
- El Paso County
- Colorado Springs
- 80904
- Old Colorado City
- 585 Observatory Dr
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