See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

18561 Cherry Springs Ranch Dr, Monument, CO, 80132

5beds
5baths
4,046sqft
$1,175,000
$290price/sqft
$7,096/moest. monthly cost
$283,840/yrincome needed

About This Home

Beautifully Maintained Custom Home in Cherry Springs Ranch on Just Over 2.5 Acres! This exceptional ranch-style home offers over 4,000 sq. ft. of living space with 5 beds and 4.5 baths, perfectly designed for multigenerational living. Nestled on a picturesque 2.5-acre lot backing to private grazing land, the property captures the peaceful charm of country life — friendly cows often wander up to the back fence, adding to the tranquil setting. The stucco and stone exterior with covered front entry and double wood doors opens to a bright, open layout featuring hardwood floors throughout the main level. The gourmet kitchen boasts knotty alder cabinetry, granite countertops, stainless steel appliances, gas cooktop, vent hood, tile backsplash, and large island overlooking the backyard. A spacious walk-in pantry and mudroom with sink, window, and built-ins offer added convenience. The living room centers around a stunning stone gas fireplace with wood mantle. The luxurious primary suite features abundant natural light, a spa-like bath with soaking tub, walk-in tile shower, dual granite vanities, and a custom closet. A secondary main-level bedroom with walk-in closet and private bath provides flexibility for guests or extended family. The finished walkout basement expands the living space with a large rec room, full bar/kitchenette with sink and pantry, two generous bedrooms with shared double-vanity bath, and an additional en-suite bedroom. Additional highlights include a half bath, large storage room, dual water heaters, AC, humidifier, paid off solar panels and oversized finished garage with natural light and storage. Outdoor living shines on the composite, partially covered deck overlooking the manicured backyard. Blending craftsmanship, comfort, and modern amenities in a peaceful open-space setting, this home offers the perfect balance of serenity and accessibility — just minutes from downtown Monument and Highway 83, with easy access to Denver and Colorado Springs.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

6/10
5/10
8/10
Palmer Ridge High SchoolGrades 9-124.3 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2018

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: 220v in Kitchen,Cooktop,Dishwasher,Disposal,Gas in Kitchen,Exhaust Fan,Microwave,Oven,Refrigerator,Humidifier
  • Laundry features: Electric Hook-up,Main Level

Basement

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

Bedrooms & Bathrooms

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

Features

  • 5-Pc Bath,Vaulted Ceiling(s),Breakfast Bar,High Speed Internet,Pantry,Secondary Suite w/in Home,Wet Bar
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 2,023
  • Finished area above ground: 2,023

Heating & Cooling

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

Interior Area

  • Total structure area: 4,046
  • Total interior livable area: 4,046 sqft

Other

  • Level: Main
  • Area: 225

Property

Details

  • Parcel number: 6109007006
  • Other equipment: Sump Pump

Features

  • Patio & porch: Composite,Concrete,Covered
  • Fencing: None

Lot

  • Lot size: 2.52 Acres
  • Features: Backs to Open Space,Level,Meadow,Rural,See Remarks,HOA Required $,Landscaped

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Oversized,See Remarks,Concrete Driveway
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Hail
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Wildfire
Winter Weather
Lightning
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 $5,941$71,292
Home Insurance *$410$4,920
Property Taxes $440$5,280
Electricity $305$3,665
Total$7,096$85,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$243,291/yr
40% on housing$212,880/yr
45% on housing$189,226/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

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 80132$226
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)

No zestimate history available

Price History

DateEventPrice
2026-04-29Price change$1,175,000
2026-03-28Price change$1,190,000
2025-10-22Listed for sale$1,200,000
2022-03-15Listing removed--
2021-07-21Sold$945,000
2021-06-14Pending sale$945,000
2021-05-26Listed for sale$945,000
2019-08-26Sold$730,000

For Sale by Agent

AgentAimee Fletcher CLHMS GRI , Exp Realty LLC, Tiffany Carroll CLHMS CRS DSC MRP
BrokerageExp Realty LLC

Similar Homes