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411 Lakewood Cir APT B1112, Colorado Springs, CO, 80910

1beds
1baths
864sqft
$220,000
$255price/sqft
$1,622/moest. monthly cost
$64,880/yrincome needed

About This Home

Own a piece of Colorado Springs history in the iconic Satellite Hotel—now a designated National Historic Building—and enjoy effortless mid-century modern living with city views. This light-filled condo features views of the city and city lights creating a stunning indoor/outdoor experience from the moment you walk in. The open layout flows from a spacious galley kitchen into the dining and living areas, all leading to a large private balcony—perfect for entertaining or simply taking in the scenery. The primary bedroom offers a generous walk-in closet and direct balcony access. The unit also offers central air and heat. In addition, a very rare opportunity, there are two deeded garage parking spaces (G-23 and G-24) and a deeded storage space (B-96). Life at the Satellite Hotel is all about convenience and lifestyle. The HOA covers all utilities—electricity, heating, cooling, water, sewer, and trash—plus exterior maintenance, insurance, and access to an impressive list of amenities. Residents enjoy a pool, fitness centers, saunas, lounge areas, and on-site conveniences including dining, services, and concierge support. Guests can take advantage of discounted hotel stays, and RV parking is available through the HOA. Enter through the iconic mid-century modern lobby, be greeted by concierge, and take the newly renovated elevators to your home. Ideally located with quick access to downtown, military bases, shopping, dining, and the Colorado Springs Airport, this is truly urban living with a historic twist.

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: 1974

Materials

  • Foundation: Not Applicable
  • Roof: Other
  • Construction materials: Other,Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Oven,Range,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Wood Laminate
  • Finished area below ground: 0
  • Finished area above ground: 864

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 864
  • Total interior livable area: 864 sqft

Other

  • Level: Main
  • Area: 144

Property

Details

  • Parcel number: 6422108273
  • Attached to another structure: Yes

Features

  • Entry location: Fourth Floor Or Above
  • Patio & porch: Concrete
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 1,742 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned
  • 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 $1,112$13,344
Home Insurance *$242$2,904
Property Taxes $82$984
Electricity $186$2,232
Total$1,622$19,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,611/yr
40% on housing$48,660/yr
45% on housing$43,253/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

$255This listing

vs Other Active Listings

Avg $/sqft

ZIP 80910$114
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
2026-04-17Listed for sale$225,000

For Sale by Agent

AgentIngrid Anderson ABR
BrokerageHomeSmart

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