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16165 Wright Rd, Monument, CO, 80132

4beds
4baths
3,514sqft
$1,100,000
$313price/sqft
$6,649/moest. monthly cost
$265,960/yrincome needed

About This Home

Exceptional 5-acre horse property in Monument offering the perfect blend of luxury upgrades, usable land, and true Colorado lifestyle. Completely remodeled in 2021, this stunning ranch-style home features a gourmet chef’s kitchen, beautifully updated bathrooms, solid oak wood flooring, fresh interior and exterior paint, new stucco, a striking rock-accented chimney, Champion windows, new roof, and a newly paved driveway. The redesigned open-concept main level creates seamless flow between the living room, kitchen, dining area, and fireplace, while expansive windows capture breathtaking mountain, forest, and lake views that make this property truly unforgettable. Step outside to enjoy the new Trex deck and gazebo, ideal for entertaining or simply taking in Colorado’s natural beauty. The acreage is fully fenced and cross-fenced, providing flexibility for animals, recreation, and future expansion. Equestrian amenities include a 36' x 48' barn with four 12' x 12' stalls, 10' sliding doors, loafing shed, stable area, storage shed with electricity, and room to easily add a tack room. Zoned for up to five horses and east water with the domestic well, this property also welcomes goats, chickens, and other livestock—offering endless possibilities for country living. Ride directly from your property to nearby trails around Mount Herman, a rare convenience for horse owners seeking immediate trail access. Additional highlights include RV parking, no HOA, and property lines extending to the edge of Wright Road and Spatz Road. Located just minutes from Monument with easy access to Denver or Colorado Springs, this one-of-a-kind property offers privacy, functionality, and move-in-ready appeal. A rare Colorado horse ranch where luxury, land, and lifestyle meet.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

8/10
5/10
8/10
Palmer Ridge High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1985

Materials

  • Foundation: Walk Out
  • Roof: Composite Shingle
  • Construction materials: Stucco,Framed on Lot,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas in Kitchen,Exhaust Fan,Oven,Range,Refrigerator,Self Cleaning Oven
  • Laundry features: Electric Hook-up,Upper Level

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 2

Features

  • 5-Pc Bath,6-Panel Doors,9Ft + Ceilings,Skylight (s),Vaulted Ceiling(s),See Prop Desc Remarks,Breakfast Bar,High Speed Internet,Pantry
  • Window features: Window Coverings
  • Flooring: Wood
  • Fireplace features: Gas,Masonry
  • Fireplace: Yes
  • Finished area below ground: 1,001
  • Finished area above ground: 2,513

Heating & Cooling

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

Interior Area

  • Total structure area: 3,514
  • Total interior livable area: 3,514 sqft

Other

  • Level: Upper
  • Area: 378

Property

Details

  • Parcel number: 7128006004

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s),View of Rock Formations

Lot

  • Lot size: 5 Acres
  • Features: Level,Meadow,Wooded,Hiking Trail,Near Park,Horses (Zoned)

Parking

  • Total spaces: 2
  • Parking features: Attached,Paved Driveway,RV Access/Parking
  • 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

  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Hail
Lightning
Inland Flooding
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 $5,562$66,744
Home Insurance *$410$4,920
Property Taxes $412$4,944
Electricity $265$3,183
Total$6,649$79,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,965/yr
40% on housing$199,470/yr
45% on housing$177,306/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

$313This listing

vs Other Active Listings

Avg $/sqft

ZIP 80132$225
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
2026-05-02Price change$1,125,000
2026-04-21Price change$1,150,000
2026-03-13Listed for sale$1,200,000
2025-12-02Listing removed$1,249,000
2025-09-09Listed for sale$1,249,000
2025-09-09Listing removed$1,249,000
2025-04-09Listed for sale$1,249,000
2020-04-01Sold$490,000
2020-02-22Price change$625,000
2020-02-20Price change$597,500
2020-02-18Price change$599,000
2020-02-11Price change$625,000
2020-01-28Price change$599,000
2020-01-25Price change$625,000
2020-01-13Price change$599,000
2020-01-11Price change$625,000
2019-10-29Price change$599,000
2019-10-03Listed for sale$625,000

For Sale by Agent

AgentTamara Whalen SRES
BrokerageHomeSmart

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