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2432 Lexington Village Ln, Colorado Springs, CO, 80916

3beds
3baths
1,530sqft
$225,000
$147price/sqft
$1,650/moest. monthly cost
$66,000/yrincome needed

About This Home

Move-in ready and beautifully updated! This condo was fully remodeled in 2023 offering modern finishes, effortless style, and convenient access to everything you need! Popcorn ceilings were removed, newer paint, newer carpet, and new luxury vinyl flooring that create a fresh, cohesive look throughout. The bright, open living area features a cozy fireplace and a sliding glass door walkout to your private fenced-in backyard with deck—perfect for relaxing and for pets! The updated kitchen shines with granite countertops, newer white cabinets, a breakfast bar, and newer stainless steel appliances! Updated light fixtures add a modern touch throughout the home. Bathrooms have been thoughtfully refreshed with updated vanities and contemporary finishes, making the entire home feel clean, stylish, and move-in ready. Located within walking distance to parks and schools, and just minutes from shopping, major thoroughfares, and public transportation, this condo offers the ideal blend of comfort and convenience. Community is gated (open at entrances). This home is a must-see!

Getting Around

57
WalkingSomewhat Walkable
33
TransitSome Transit
55
BikeBikeable

Schools

4/10
Bricker Elementary SchoolGrades PK-50.4 mi
3/10
Panorama Middle SchoolGrades 6-80.4 mi
2/10
Sierra High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1983

Materials

  • Roof: Composite Shingle
  • Construction materials: Masonite,Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

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

Features

  • Window features: Window Coverings
  • Flooring: Carpet,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Finished area below ground: 510
  • Finished area above ground: 1,020
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,530
  • Total interior livable area: 1,530 sqft

Other

  • Level: Upper
  • Area: 143

Property

Details

  • Parcel number: 6426428094
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Back Yard

Lot

  • Lot size: 500.94 sqft
  • Features: Level,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center,HOA Required $,Landscaped

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

  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Strong Wind
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 $1,137$13,644
Home Insurance *$243$2,916
Property Taxes $84$1,008
Electricity $186$2,232
Total$1,650$19,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,571/yr
40% on housing$49,500/yr
45% on housing$44,000/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

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 80916$117
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80916
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$225,000
2026-05-20Listing removed--
2026-05-11Listed for sale$259,000
2026-01-20Listing removed$1,695
2025-12-18Listed for rent$1,695
2024-01-10Listing removed--
2023-11-27Price change$1,695
2023-10-27Listed for rent$1,795
2023-10-10Listing removed--
2023-09-18Price change$1,850
2023-08-28Listed for rent$1,900
2022-08-15Sold$190,000
2004-03-19Sold$92,500
1998-10-02Sold$28,120
1995-02-17Sold$64,325

For Sale by Agent

AgentBrian Boals
BrokerageRE/MAX Real Estate Group LLC

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