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For sale
  • $325,000

    592 Observatory Dr, Colorado Springs, CO 80904

    2beds
    1,324sqft
    : 
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    Condominium
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $245/sqft
    $395/mo HOA

    What's special

    Modern updatesModern flooringModern appliancesStylish upgradesStunning mountain viewsPatio doorBright open and inviting
    Bright, open, and inviting, this top-floor condo offers stunning mountain views, modern updates, and an unbeatable west-side location. The airy open-concept layout creates a seamless flow between the kitchen, dining, and living areas, filling the home with natural light and providing the perfect setting for relaxing or entertaining. The updated kitchen features refreshed countertops, a breakfast bar, modern appliances, a new sink and faucet, and a thoughtful layout designed for everyday living. Throughout the home, you'll find stylish upgrades including updated barn doors, refreshed lighting, modern flooring, renovated bathrooms, and updated finishes that give the space a fresh, contemporary feel. Major improvements, including updated windows, plumbing, furnace, central A/C, water heater, patio door, and washer and dryer, provide added comfort and peace of mind. Step outside to enjoy the community’s welcoming green spaces and peaceful surroundings while staying close to everything Colorado Springs has to offer. Ideally located just minutes from downtown, Colorado College, Garden of the Gods, Red Rock Canyon Open Space, parks, trails, restaurants, and community amenities, this condo offers the perfect place to enjoy the Colorado lifestyle. With its mountain views, open layout, and thoughtful updates, this home is ready for its next chapter.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Liza West 719-839-1177,

    Redfin Corporation

    Source: elevateMLS,MLS#: 1422307MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Baseboard, Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • 9Ft + Ceilings, Vaulted Ceiling(s), Other, See Prop Desc Remarks, Breakfast Bar, High Speed Internet, Pantry, Smart Home Lighting, Smart Thermostat
      • Flooring: Carpet, Ceramic Tile, Tile, Wood Laminate
      • Windows: Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: One
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,324
      • Total interior livable area: 1,324 sqft
      • Finished area above ground: 1,324
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage Door Opener, Garage Amenities (Other), See Remarks, Concrete Driveway
      • Attached garage spaces: 1
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Composite
      • Has view: Yes
      • View description: Mountain(s), View of Pikes Peak, View of Rock Formations
      Lot
      • Size: 923 Square Feet
      • Features: Backs to Open Space, Hillside, Wooded, Hiking Trail, Near Park, Near Public Transit, Near Shopping Center, HOA Required $, Landscaped
      Details
      • Parcel number: 7412317073

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Stucco, Other
      • Foundation: Not Applicable
      • Roof: Other
      Condition
      • Existing Home
      • New construction: No
      • Year built: 1986

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $245/sqft
      • Tax assessed value: $318,404
      • Annual tax amount: $1,175
      • Date on market: 7/16/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Listed for sale$325,000+44.4%$245/sqft
        Source: elevateMLS #1422307 Report a problem
        5/10/2019Sold$225,000$170/sqft
        Source: 8z Real Estate solds #ab6bf5423ff638c45c1f4516a57d574f Report a problem
        3/24/2019Listed for sale$225,000+66.1%$170/sqft
        Source: The Platinum Group #4028243 Report a problem
        7/20/1999Sold$135,500$102/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$833 -5.8%$21,330
        2023$884 -7.9%$21,330 +35%
        2022$960 $15,800 -2.9%
        2021-- $16,270 +22.3%
        2020$903 +0.5%$13,300
        2019$898 +6.5%$13,300 +9.6%
        2018$843 -5.3%$12,130
        2017$890 +5.6%$12,130 -5%
        2016$843 +13.9%$12,770
        2015$740 +14.2%$12,770 +18.6%
        2014$648 $10,770
        2013-- --
        2012-- $11,770
        2011$745 $11,770 -6.8%
        2010-- $12,630
        2009-- $12,630 -5.2%
        2008-- $13,320
        2006-- $13,320 +17.5%
        2004-- $11,340
        2003$694 +3.7%$11,340 -7%
        2002$669 +10.7%$12,200 +17.2%
        2001$604 $10,410
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Old Colorado City

        Getting around

        49 / 100
        Car-Dependent
        32 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        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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