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538 Lakewood Cir, Colorado Springs, CO, 80910

3beds
3baths
2,206sqft
$299,000
$136price/sqft
$2,051/moest. monthly cost
$82,040/yrincome needed

About This Home

Recent improvements, including new carpet throughout the home!!! Thank you for your interest in this lovely townhome. It is centrally located in a quiet covenant protected community, lots of conveniences nearby. This home features a large eat-in kitchen with nice matching appliances and oak cabinets. Then there is a fabulous spacious main level living area with a gas fireplace surrounded by builtin bookcases. Walk out onto the large covered composite deck for views of Pikes Peak, lush open greenspace and just beyond is Valley Hi Golf Course, very serene and peaceful. Also included on the main level is the master suite and a secondary bedroom and full bath. The full basement is where you will find one other large living area, with wet bar and graced with another cozy fireplace, walkout to the large concrete patio. This basement level boasts one other bedroom, a full bath and plenty of space in the storage room. Truly is move-in ready, professionally cleaned.

Getting Around

61
WalkingSomewhat Walkable
39
TransitSome Transit
50
BikeBikeable

Schools

3/10
Monroe Elementary SchoolGrades PK-50.7 mi
3/10
1/10
Mitchell High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1973

Materials

  • Foundation: Walk Out
  • Roof: Composite Shingle
  • Construction materials: Brick,Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Ranch
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Features

  • Wet Bar
  • Flooring: Carpet,Vinyl/Linoleum
  • Fireplace features: Gas,Masonry
  • Fireplace: Yes
  • Finished area below ground: 1,103
  • Finished area above ground: 1,103
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,206
  • Total interior livable area: 2,206 sqft

Other

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 6422103099
  • Attached to another structure: Yes

Features

  • Patio & porch: Composite
  • Has view: Yes
  • View description: Golf Course,View of Pikes Peak

Lot

  • Lot size: 1,877 sqft
  • Features: On Golf Course,Backs to Open Space,Level,Near Fire Station,Near Hospital,Near Public Transit,Near Schools,HOA Required $,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Attached,Even with Main Level,Garage Door Opener,Paved Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$242$2,904
Property Taxes $112$1,344
Electricity $186$2,232
Total$2,051$24,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,320/yr
40% on housing$61,530/yr
45% on housing$54,693/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 80910$113
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80910
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$299,000
2026-07-02Listing removed$299,000
2026-05-30Listed for sale$299,000
2003-06-26Sold$165,000

For Sale by Agent

AgentLita Abbarno ABR GRI MRP SRES
BrokerageColdwell Banker Realty

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