This stunning former model home is loaded with upgrades and has thoughtfully designed living spaces throughout. The main level features an open-concept great room, formal dining area, and a spacious kitchen complete with a large island, granite countertops, and ample storage—perfect for entertaining and everyday living. Upstairs, you'll find two secondary bedrooms, a versatile bonus room, and a luxurious primary suite featuring a spa-inspired walk-in shower, double vanity, and an oversized walk-in closet. The fully finished basement expands the living space with two additional bedrooms, a full bathroom, and a great recreation or entertainment area, providing plenty of room for guests, hobbies, or family activities. Outside, the xeriscape yard has beautifully landscaped grounds and an extended back patio, ideal for relaxing or entertaining. Located in the highly sought-after Banning Lewis Ranch community, residents enjoy access to outstanding amenities, including the award-winning Banning Lewis Ranch Academy, a clubhouse with a 24-hour fitness center, outdoor Jr. Olympic-sized heated pool, splash park, tennis courts, pickle-ball courts, over 50 acres of hiking trails and parks, plus trash and recycling services. Don't miss the opportunity to own this beautifully upgraded home in one of the area's premier master-planned communities.
For sale
Price cut: $5K (8/4)
$555,000
8276 Cypress Wood Dr, Colorado Springs, CO 80927
5beds
2,665sqft
Single Family Residence
Built in 2012
5,052 Square Feet Lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
Thoughtfully designed living spacesAmple storageLarge islandLuxurious primary suiteXeriscape yardFully finished basementGranite countertops
- 65 days
- 378
- 12
Zillow last checked:
Listing updated:
Listed by:
Michael Esty 719-433-5404,
Essential Realty LLC,
Frances Esty 719-433-5404
Source: elevateMLS,MLS#: 1933174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Other
- Level: Upper
- Area: 221 Square Feet
- Dimensions: 13 x 17
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave
Features
- Basement: Full,Partially Finished
Interior area
- Total structure area: 2,665
- Total interior livable area: 2,665 sqft
- Finished area above ground: 1,877
- Finished area below ground: 788
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete Driveway
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Concrete, Covered
- Fencing: Back Yard
Lot
- Size: 5,052 Square Feet
- Features: Level, Near Park, Landscaped
Details
- Parcel number: 5309303060
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Alum/Vinyl/Steel, Framed on Lot
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 2012
Details
- Builder model: Alamosa
- Builder name: Oakwood Homes
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Other
Community & HOA
Community
- Features: Clubhouse, Community Center, Dog Park, Fitness Center, Hiking or Biking Trails, Parks or Open Space, Playground, Pool, Tennis Court(s)
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $525,973
- Annual tax amount: $3,782
- Date on market: 6/25/2026
- 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 |
|---|---|---|
| 8/4/2026 | Price change | $555,000-0.9%$208/sqft |
Source: | ||
| 7/8/2026 | Price change | $560,000-0.9%$210/sqft |
Source: | ||
| 6/25/2026 | Listed for sale | $565,000-4.2%$212/sqft |
Source: | ||
| 6/16/2022 | Sold | $590,000+5.5%$221/sqft |
Source: Public Record Report a problem | ||
| 5/9/2022 | Contingent | $559,000$210/sqft |
Source: | ||
| 5/6/2022 | Listed for sale | $559,000+59.7%$210/sqft |
Source: | ||
| 5/24/2017 | Sold | $350,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,899 +32.5% | $35,240 |
| 2023 | $2,943 -2.1% | $35,240 +45.1% |
| 2022 | $3,006 | $24,290 -2.8% |
| 2021 | -- | $24,990 +6.7% |
| 2020 | $2,834 +0.5% | $23,420 |
| 2019 | $2,819 +15.7% | $23,420 +16.7% |
| 2018 | $2,436 +0.3% | $20,060 |
| 2017 | $2,430 -0.3% | $20,060 -11.7% |
| 2016 | $2,436 -7.9% | $22,710 |
| 2015 | $2,646 -2.3% | $22,710 +3% |
| 2014 | $2,708 | $22,050 |
| 2013 | -- | -- |
| 2012 | -- | $4,110 |
| 2011 | $589 | $4,110 -17.6% |
| 2010 | -- | $4,990 |
| 2009 | -- | $4,990 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Falcon
Nearby schools
Schools provided by the listing agent
- Elementary: Inspiration View
- Middle: Skyview
- High: Vista Ridge
- District: District 49
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






