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549 Old Grotto Dr, Monument, CO, 80132

4beds
4baths
4,372sqft
$799,900
$183price/sqft
$5,083/moest. monthly cost
$203,320/yrincome needed

About This Home

Better than new and move-in ready! This exceptional ranch home with a finished walkout basement showcases breathtaking panoramic Front Range views, premium upgrades, and an incredibly versatile floor plan. Offering 4 bedrooms, 4 bathrooms, and over 4,200 square feet, this home is designed to fit a variety of lifestyles. Situated on a premium 10,000+ sq. ft. lot adjacent to open area, you’ll enjoy added privacy, an open feel, and stunning Colorado scenery. The gourmet kitchen is the heart of the home, featuring quartz countertops throughout, upgraded cabinetry, premium appliances, a large center island, a walk-in pantry, and a separate built-in counter area that’s perfect for a coffee bar, beverage station, or home workspace. The open-concept design flows seamlessly into the main living area, while luxury vinyl plank flooring extends throughout the home for a clean, modern look. In addition to the spacious great room, the main level includes a separate bonus room that’s perfect for a home office, formal sitting room, playroom, or additional living space. The finished walkout basement offers exceptional flexibility with a large family and recreation room, an expansive kitchenette already plumbed and ready for a dishwasher and range, plus a private guest suite featuring its own bedroom, office, and sitting area—ideal for multigenerational living, extended guests, or future income potential. Step outside to the covered deck and take in breathtaking panoramic Front Range views, or enjoy the expansive concrete outdoor space. The professionally landscaped and fully fenced backyard is complete, allowing you to enjoy the home from day one without the added expense and wait of new construction. Additional upgrades include top-down, bottom-up blinds, radon mitigation, abundant storage, upstairs and downstairs laundry, a hot tub disconnect, and the option to purchase the home furnished or unfurnished for a truly turnkey experience. Conveniently located just minutes from I-25, the Air Force Academy, shopping, dining, hiking and all that Monument and north Colorado Springs have to offer, this better-than-new home combines luxury, flexibility, and spectacular Colorado views in one exceptional package.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
5/10
8/10
Lewis-Palmer High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2024

Materials

  • Roof: Composite Shingle
  • Construction materials: Fiber Cement,Frame

Other

  • Builder name: Richmond Am Hm

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Gas in Kitchen,Exhaust Fan,Microwave,Oven,Refrigerator,Washer
  • Laundry features: Lower Level,Main Level

Basement

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

Bedrooms & Bathrooms

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

Features

  • 5-Pc Bath,9Ft + Ceilings,Great Room,Vaulted Ceiling(s),High Speed Internet,Pantry,Wet Bar
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 2,186
  • Finished area above ground: 2,186

Heating & Cooling

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

Interior Area

  • Total structure area: 4,372
  • Total interior livable area: 4,372 sqft

Other

  • Level: Main

Property

Details

  • Parcel number: 7124320021

Features

  • Exterior features: Auto Sprinkler System
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 10,393 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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

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

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Tornado
Wildfire
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 $4,044$48,528
Home Insurance *$410$4,920
Property Taxes $299$3,588
Electricity $330$3,960
Total$5,083$60,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,274/yr
40% on housing$152,490/yr
45% on housing$135,546/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

$183This listing

vs Other Active Listings

Avg $/sqft

ZIP 80132$227
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
2026-07-22Price change$799,900
2026-07-06Listed for sale$849,900
2025-05-28Sold$732,000
2025-05-23Pending sale$749,950
2025-05-05Listing removed$749,950
2025-04-21Price change$749,950
2025-04-04Price change$764,950
2025-03-18Price change$774,950
2025-03-12Price change$799,950
2025-03-11Price change$859,950
2025-03-10Price change$799,950
2025-02-14Price change$824,950
2025-01-30Price change$849,950
2025-01-02Price change$859,950
2024-11-25Price change$839,950
2024-11-18Price change$854,950
2024-11-11Price change$849,950
2024-11-01Price change$859,950
2024-10-07Price change$849,950
2024-08-31Price change$857,950
2024-08-27Price change$856,217
2024-08-20Price change$857,950
2024-07-11Listed for sale$852,950

For Sale by Agent

AgentMelissa Rosine
BrokerageWorth Clark Realty

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