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11211 Palmer Peak Pl, Peyton, CO, 80831

5beds
3baths
3,508sqft
$995,000
$284price/sqft
$5,991/moest. monthly cost
$239,640/yrincome needed

About This Home

Welcome to this exceptional 5-bedroom, 3-bathroom home nestled on a sprawling 1.33 acre lot in the highly desirable Meridian Ranch community. Located in a newer neighborhood, this property offers the perfect blend of modern upgrades, spacious living, and room to enjoy the outdoors, all while showing like it’s brand new. Step inside to discover a thoughtfully designed layout featuring a formal dining room and a gourmet kitchen outfitted with stunning quartz countertops, a huge island, and upgraded soft-close cabinetry. This beautifully appointed kitchen is perfect for both everyday living and entertaining. The open-concept living space is anchored by a cozy gas fireplace, creating a warm and inviting atmosphere. Retreat to the expansive primary suite, where you’ll find a luxurious zero-entry shower, incredible upgraded cabinetry, and beautifully finished tile work that creates a true spa-like experience. The main level is finished out with two additional bedrooms and main level laundry. The expansive basement is an entertainer’s dream, offering a huge open layout complete with a wet bar and an entire wall of cabinetry ideal for hosting gatherings, movie nights, or creating your own private retreat. The basement also features two additional bedrooms and a large storage room. This property truly shines when it comes to garage and storage space. In addition to six total garage parking spaces, the attached 48-foot RV garage is fully insulated and incredibly versatile perfect for use as a tandem garage, workshop, or storage for large vehicles. It also features a 50-amp plug, making it ideal for RV use or electric vehicles. An additional detached 24x30 two-car garage has 10-foot doors and provides room for additional storage. Outside, enjoy the expansive lot with a partially covered concrete patio perfect for relaxing or entertaining year-round. The property also includes a dedicated dog run and a fenced area designed specifically for trailers, UTVs, or other items.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Falcon Middle SchoolGrades 6-82.2 mi
5/10
Falcon High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2022

Materials

  • Roof: Composite Shingle
  • Construction materials: Stone,Stucco,Framed on Lot

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Gas in Kitchen,Microwave,Oven,Refrigerator,Humidifier
  • Laundry features: Main Level

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • See Prop Desc Remarks,Breakfast Bar,Pantry,Wet Bar
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas,One
  • Fireplace: Yes
  • Finished area below ground: 1,754
  • Finished area above ground: 1,754

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,508
  • Total interior livable area: 3,508 sqft

Other

  • Level: Main
  • Area: 221

Property

Details

  • Parcel number: 4220201002

Features

  • Patio & porch: Concrete,Covered,See Prop Desc Remarks
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 1.33 Acres
  • Features: Backs to Open Space,Level,See Remarks,Near Fire Station,Near Park,Near Schools,Near Shopping Center,HOA Required $,Landscaped

Parking

  • Total spaces: 6
  • Parking features: Attached,Detached,Tandem,Even with Main Level,Garage Door Opener,Oversized,RV Garage,See Remarks,Concrete Driveway,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

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
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Wildfire
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 $5,031$60,372
Home Insurance *$323$3,876
Property Taxes $373$4,476
Electricity $264$3,177
Total$5,991$71,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,405/yr
40% on housing$179,730/yr
45% on housing$159,760/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

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 80831$200
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80831
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
2026-05-06Listed for sale$1,049,900
2026-04-27Pending sale$1,049,900
2026-04-16Price change$1,049,900
2026-03-20Listed for sale$1,075,000

For Sale by Agent

AgentAimee Fletcher CLHMS GRI , Exp Realty LLC, Jennifer Browne
BrokerageExp Realty LLC

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