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16242 Timber Meadow Dr, Colorado Springs, CO, 80908

5beds
5baths
5,697sqft
$1,900,000
$334price/sqft
$11,155/moest. monthly cost
$446,200/yrincome needed

About This Home

Nestled in sought-after High Forest Ranch, this stunning ranch-style home offers breathtaking mountain views from every level, gorgeous upgrades, and wonderful amenities. Step inside and gorgeous hardwood floors beckon you into the great room, featuring a vaulted, beamed ceiling, and stone indoor/outdoor fireplace. The great room seamlessly connects to the gourmet kitchen, dining area, and a walk-out to the deck- perfect for dining al fresco. Channel your inner chef with an oversized island, granite countertops, walk-in pantry, and stainless-steel appliances including a double oven and gas range with beautiful range hood. Retreat to the spacious primary suite featuring spectacular mountain views, walk-out to the deck, and ensuite 5-piece bath with walk-in closet. The convenient laundry room and mudroom is off of the attached 3-car garage, which offers ample storage and convenience. The laundry room connects to the casita, with its own front entrance, attached 2-car garage, bedroom, bathroom, well-appointed kitchen, dining area, living room, and enclosed deck. Back in the main house, another bedroom with ensuite bath, office, and powder room round out the main level. Downstairs features an expansive family room with wet bar, cozy fireplace, and walk-out to the covered patio with hot tub, perfect for relaxing at the end of the day. Two additional bedrooms with walk-in closets, full bathroom, and a large storage space provide endless opportunities for guests, home gym, work space, craft space, and more. This impeccably cared-for home boasts central vacuum and smart home thermostat. With acreage for gardening, lawn games, and more, this backyard is a host’s dream. This picturesque, gated neighborhood offers countless amenities including parks, trails, tennis courts, and a club house with community gatherings, designed to foster lasting friendships. Schedule a showing to see this magnificently upgraded home today and enjoy luxury Colorado living at its finest!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
21
BikeSomewhat Bikeable

Schools

8/10
5/10
8/10
Lewis-Palmer High SchoolGrades 9-125.7 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2015

Materials

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

Other

  • Builder name: Goetzmann Cstm

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Double Oven,Gas in Kitchen,Microwave,Other,Refrigerator,Washer
  • Laundry features: Electric Hook-up,Main Level

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • 5-Pc Bath,9Ft + Ceilings,Beamed Ceilings,Great Room,See Prop Desc Remarks,Breakfast Bar,Central Vacuum,Pantry,Smart Thermostat,Wet Bar
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Basement,Gas,Two
  • Fireplace: Yes
  • Finished area below ground: 2,227
  • Finished area above ground: 3,470

Heating & Cooling

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

Interior Area

  • Total structure area: 5,697
  • Total interior livable area: 5,697 sqft

Other

  • Level: Main
  • Area: 256

Property

Details

  • Parcel number: 6126003001

Features

  • Patio & porch: Composite,Concrete,Covered,Enclosed,See Prop Desc Remarks
  • Exterior features: Auto Sprinkler System
  • Has spa: Yes
  • Spa features: Hot Tub/Spa
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 2.69 Acres
  • Features: Corner Lot,Wooded,Near Fire Station,Near Park,HOA Required $,Landscaped

Parking

  • Total spaces: 5
  • Parking features: Attached,Even with Main Level,Garage Door Opener,See Remarks,Concrete Driveway
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Hail
Inland Flooding
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 $9,607$115,284
Home Insurance *$406$4,872
Property Taxes $712$8,544
Electricity $430$5,160
Total$11,155$133,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$382,457/yr
40% on housing$334,650/yr
45% on housing$297,466/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

$334This listing

vs Other Active Listings

Avg $/sqft

ZIP 80908$252
El Paso County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 80908
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-20Listed for sale$1,900,000
2015-12-14Sold$1,158,794
2015-03-24Sold$218,000
2004-06-28Sold$265,000
2001-07-02Sold$245,000

For Sale by Agent

AgentCarmen Molitor MRP SRES
BrokerageREMAX PROPERTIES

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