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1140 Magic Lamp Way #3, Monument, CO, 80132

2beds
1baths
1,058sqft
$295,000
$279price/sqft
$2,197/moest. monthly cost
$87,880/yrincome needed

About This Home

There is an ease to this home that reveals itself the moment the door opens, where a thoughtful single level layout invites a slower, more grounded rhythm of living. Set within Country Ridge Estates, this residence offers a balance of simplicity and intention, where each space feels connected yet distinctly its own. The living room unfolds with quiet warmth, anchored by a fireplace that draws the eye and softens the atmosphere, creating a natural place to gather or unwind. Just beyond, the kitchen carries a sense of quiet functionality, with warm wood cabinetry, built in appliances, and a casual dining bar that encourages conversation to linger. Light moves gently through the space, enhancing the home’s welcoming and comfortable character. Two bedrooms are positioned with care, offering flexibility for rest, work, or creative use. The shared bath has been thoughtfully updated, bringing a fresh and refined feel to daily routines while maintaining a sense of cohesion with the home’s overall tone. Dual closets in the primary bedroom add an element of practicality that supports everyday living with ease. This residence stands apart with the addition of a dedicated furnace, a meaningful upgrade that enhances comfort beyond what is typically found in similar homes. Ground level positioning further contributes to accessibility and ease, reinforcing the appeal of true one story living. Moments from I-25, the location supports both connection and retreat, with convenient access to dining, shopping, and outdoor spaces. A home that feels calm, considered, and quietly inviting, offering a lifestyle rooted in comfort and simplicity.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
5/10
8/10
Lewis-Palmer High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1980

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: Stucco,Concrete,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Main Level

Bedrooms & Bathrooms

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

Features

  • 9Ft + Ceilings,Great Room,Breakfast Bar,Pantry
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas,One
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,058
  • Common walls with other units/homes: End Unit

Heating & Cooling

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

Interior Area

  • Total structure area: 1,058
  • Total interior livable area: 1,058 sqft

Other

  • Level: Main
  • Area: 132

Property

Details

  • Parcel number: 7124202029
  • Attached to another structure: Yes

Features

  • Entry location: Ground Floor
  • Patio & porch: Concrete
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Features: Level,Hiking Trail,Near Park,Near Public Transit,Near Schools,Near Shopping Center,HOA Required $,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Assigned,Carport,Detached,Concrete Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

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

  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Hail
Lightning
Tornado
Strong Wind

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 $1,491$17,892
Home Insurance *$410$4,920
Property Taxes $110$1,320
Electricity $186$2,232
Total$2,197$26,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,325/yr
40% on housing$65,910/yr
45% on housing$58,586/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

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 80132$228
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80132
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$295,000
2022-03-31Sold$245,000
2022-03-11Contingent$240,000
2022-03-08Listed for sale$240,000
2021-06-21Sold$222,000
2010-04-16Sold$90,000
2006-03-02Sold$88,000
2000-05-03Sold$83,500

For Sale by Agent

AgentBreanne Rinkema ABR C2EX LHC MRP
BrokerageReal Broker, LLC DBA Real

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