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411 Lakewood Cir APT A506, Colorado Springs, CO, 80910

1beds
1baths
576sqft
$120,000
$208price/sqft
$1,233/moest. monthly cost
$49,320/yrincome needed

About This Home

Own a piece of Colorado Springs history in the iconic Satellite Hotel, now a National Historic Building. Unit A506 is on the best side of the building, featuring unobstructed Front Range and golf course views that can be enjoyed right from your private balcony — day or night. Floor-to-ceiling windows flood the home with natural light and frame sweeping views of the mountains, city, and golf course. The galley kitchen offers all of the appliances you could need and flows easily into the living area, creating a comfortable and functional layout. The bedroom includes a spacious closet, and the expansive deck provides added privacy and expanded sight-lines. The monthly HOA covers all utilities, exterior maintenance, insurance, RV parking, and access to extensive amenities including a pool, fitness rooms, saunas, libraries, billiards room, multiple lounges, and on-site security. Additional on-site conveniences include a restaurant, bar, beauty shops, concierge service, and dedicated HOA staff. The building has Coin laundry on each floor, Trash room on each floor, 3 elevators plus one freight elevator, Seasonal pool, Exercise rooms and Sauna! There are Various businesses on the first floor, including a salon, a barber shop and a restaurant. There is 24/7 building security, a staffed Front Desk, On-site maintenance, and a Garage loading area by elevators to load/unload shopping, etc. Centrally located with easy access to downtown, military bases, shopping, and dining, this is low-maintenance living with historic character and views that truly set it apart.

Getting Around

63
WalkingSomewhat Walkable
39
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

3/10
Monroe Elementary SchoolGrades PK-50.7 mi
3/10
1/10
Mitchell High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1969

Materials

  • Foundation: Not Applicable
  • Roof: Tar/Gravel
  • Construction materials: Other,Concrete Block

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Refrigerator
  • Laundry features: Coin,Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood Laminate
  • Finished area below ground: 0
  • Finished area above ground: 576

Heating & Cooling

  • Heating features: See Prop Desc Remarks
  • Cooling features: Central Air

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Other

  • Level: Main

Property

Details

  • Parcel number: 6422108069
  • Attached to another structure: Yes

Features

  • Entry location: Fourth Floor Or Above
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 196.02 sqft

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 $606$7,272
Home Insurance *$242$2,904
Property Taxes $199$2,388
Electricity $186$2,232
Total$1,233$14,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,274/yr
40% on housing$36,990/yr
45% on housing$32,880/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

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 80910$115
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
2026-01-18Listed for sale$125,000
2025-11-27Listing removed$1,250
2025-11-06Listed for rent$1,250
2025-03-06Listing removed$1,400
2024-11-15Price change$1,400
2024-11-07Price change$1,250
2024-11-01Listed for rent$1,400
2024-01-08Listing removed--
2023-10-06Price change$1,300
2023-09-15Listed for rent$1,400
2022-03-24Listing removed--
2022-03-22Listed for rent$1,200
2015-04-17Listing removed$49,900
2015-04-16Listed for sale$49,900
2014-12-22Sold$46,900
2014-11-11Pending sale$49,900
2014-11-01Listed for sale$49,900

For Sale by Agent

AgentJason Lyman
BrokerageThe Cutting Edge

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