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1010 Magic Lamp Way APT A, Monument, CO, 80132

4beds
3baths
2,480sqft
$389,000
$157price/sqft
$2,708/moest. monthly cost
$108,320/yrincome needed

About This Home

Beautifully updated end-unit condo offering 4 bedrooms, 3 full bathrooms, and an abundance of natural light throughout. Recent improvements include new windows on the main and upper levels, new kitchen appliances, new carpet and flooring, and updated lighting and fixtures. The spacious main level features a large living room with rock surrounded gas fireplace, a bedroom, and a full bathroom—ideal for guests, multi-generational or main level living, or a home office. Upstairs, the primary suite includes a private ensuite full bath and two closets, while two additional bedrooms and another full bathroom provide plenty of space for family and guests. Enjoy outdoor living on the amazing private back deck finished with low-maintenance Trex-like decking material. The full sized unfinished basement offers laundry space, excellent storage or future use potential, and a bathroom rough-in for future expansion. Additional highlights include a newer furnace, water heater, and central A/C, plus two dedicated parking spaces, including one covered carport. A move-in-ready home combining comfort, functionality, and modern updates in a desirable end-unit location.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
10
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: 1996

Materials

  • Foundation: Slab
  • Roof: Composite Shingle
  • Construction materials: Stucco,Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Pantry
  • Number of fireplaces: 1
  • Fireplace features: Gas,One
  • Fireplace: Yes
  • Finished area below ground: 851
  • Finished area above ground: 1,629
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,480
  • Total interior livable area: 2,480 sqft

Other

  • Level: Upper
  • Area: 210

Property

Details

  • Parcel number: 7124202055
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Other
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 845.06 sqft
  • Features: Wooded,See Remarks,Near Park,Near Schools

Parking

  • Total spaces: 2
  • Parking features: Garage Available,Carport,Paved 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 $1,966$23,592
Home Insurance *$410$4,920
Property Taxes $145$1,740
Electricity $187$2,246
Total$2,708$32,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,845/yr
40% on housing$81,240/yr
45% on housing$72,213/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

$157This 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
2026-08-10Price change$360,000
2026-08-06Price change$375,000
2026-07-09Price change$389,000
2026-06-12Listed for sale$395,000
2022-01-18Sold$310,000

For Sale by Agent

AgentRuth Wordelman
BrokerageFront Range Real Estate Professionals, LLC

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