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.
For sale
Price cut: $4K (9/27)
$295,000
592 Observatory Dr, Colorado Springs, CO 80904
2beds
1,324sqft
Condominium
Built in 1986
-- sqft lot
$-- Zestimate®
$223/sqft
$395/mo HOA
What's special
Modern updatesModern flooringModern appliancesStylish upgradesStunning mountain viewsPatio doorBright open and inviting
- 78 days
- 416
- 43
Zillow last checked:
Listing updated:
Listed by:
Liza West 719-839-1177,
Redfin Corporation
Source: elevateMLS,MLS#: 1422307
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: $223/sqft
- Tax assessed value: $338,150
- 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
| Date | Event | Price |
|---|---|---|
| 9/27/2026 | Price change | $295,000-1.3%$223/sqft |
Source:  elevateMLS #1422307 Report a problem | ||
| 9/10/2026 | Price change | $299,000-4.2%$226/sqft |
Source: elevateMLS #1422307 Report a problem | ||
| 8/11/2026 | Price change | $312,000-4%$236/sqft |
Source: elevateMLS #1422307 Report a problem | ||
| 7/16/2026 | Listed for sale | $325,000+44.4%$245/sqft |
Source: elevateMLS #1422307 Report a problem | ||
| 5/10/2019 | Sold | $225,000$170/sqft |
Source: 8z Real Estate solds #ab6bf5423ff638c45c1f4516a57d574f Report a problem | ||
| 3/24/2019 | Listed for sale | $225,000+66.1%$170/sqft |
Source: The Platinum Group #4028243 Report a problem | ||
| 7/20/1999 | Sold | $135,500$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $942 +13.1% | $23,840 +11.8% |
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Colorado City
Nearby schools
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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