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5169 Palomino Rnch, Colorado Springs, CO, 80922

2beds
3baths
2,084sqft
$395,000
$190price/sqft
$2,615/moest. monthly cost
$104,600/yrincome needed

About This Home

Welcome to modern, low-maintenance living in this beautifully built new townhome in the desirable Stetson Hills area. This thoughtfully designed floor plan and home offers the perfect blend of style, comfort, and convenience. Being a corner unit means additional privacy and bright natural light beaming from the windows. Inside, you’ll find inviting living spaces designed for both relaxing and entertaining, along with a functional kitchen featuring gorgeous cabinets and everyday essentials including a range, microwave, dishwasher, disposal, and more. Upstairs, both bedrooms offer privacy and comfort, including a spacious primary suite designed to feel like a true retreat. A 1-car garage adds practicality, while the newer construction provides peace of mind and modern appeal. With a giant unfinished basement, you have plenty of room to expand or use it for storage and extra space. Conveniently located near schools, shopping, dining, and the amenities of the Powers corridor, this move-in ready home is an outstanding opportunity for buyers seeking easy living in a fantastic Colorado Springs location.

Getting Around

74
WalkingVery Walkable
25
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

7/10
Odyssey Elementary SchoolGrades PK-50.2 mi
7/10
Skyview Middle SchoolGrades 6-80.8 mi
4/10
Vista Ridge High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2023

Materials

  • Roof: Composite Shingle
  • Construction materials: Stone,Stucco,Frame

Other

  • Builder name: MasterBilt Homes, Inc

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas in Kitchen,Microwave,Oven,Range,Self Cleaning Oven
  • Laundry features: Electric Hook-up,Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

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

Features

  • High Speed Internet,Smart Thermostat
  • Flooring: Carpet,Luxury Vinyl
  • Finished area below ground: 702
  • Finished area above ground: 1,382
  • Common walls with other units/homes: End Unit

Heating & Cooling

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

Interior Area

  • Total structure area: 2,084
  • Total interior livable area: 2,084 sqft

Other

  • Level: Upper
  • Area: 165

Property

Details

  • Parcel number: 5319203108
  • Attached to another structure: Yes
  • Other equipment: Sump Pump

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Concrete

Lot

  • Lot size: 1,463 sqft
  • Features: Level,See Remarks,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center,HOA Required $,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
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 $1,997$23,964
Home Insurance *$284$3,408
Property Taxes $148$1,776
Electricity $186$2,232
Total$2,615$31,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,657/yr
40% on housing$78,450/yr
45% on housing$69,733/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

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 80922$164
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80922
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
2026-04-15Listed for sale$415,000
2025-10-22Listing removed$418,000
2025-10-08Price change$418,000
2025-04-15Price change$419,000
2025-04-09Price change$424,000
2025-04-02Price change$426,500
2024-10-05Listed for sale$429,000
2024-06-12Listing removed$429,000
2024-03-18Listed for sale$429,000

New Construction

AgentAimee Fletcher CLHMS GRI , Exp Realty LLC, Brendan Burns MRP
BrokerageExp Realty LLC

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