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16331 Basset Mill Way, Monument, CO, 80132

2beds
2baths
1,379sqft
$629,900
$457price/sqft
$4,017/moest. monthly cost
$160,680/yrincome needed

About This Home

Welcome to the Princeton, a thoughtfully designed ranch home offering efficient main-level living with an open-concept layout. The spacious kitchen sits at the heart of the home, featuring abundant counter space and storage, and flows seamlessly into the dining and great room—perfect for everyday living and entertaining. The private primary suite includes a walk-in closet and well-appointed bath, while a secondary bedroom and additional full bath provide flexibility for guests or a home office. Convenient main-level laundry and owner’s entry add to the home’s practical design. The crawlspace configuration offers additional storage without the cost of a finished basement, making this home both functional and efficient. A standard 2-car garage with options to expand adds even more versatility. With the ability to accommodate up to 4 bedrooms and 3 bathrooms, the Princeton delivers comfort, simplicity, and smart design.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
5/10
8/10
Lewis-Palmer High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: To Be Built
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: Stucco,Framed on Lot

Other

  • Builder model: Princeton
  • Builder name: Vantage Hm Corp

Type & Style

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

Interior

Appliances

  • Laundry features: Electric Hook-up,Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Smart Home Door Locks,Smart Thermostat
  • Flooring: Carpet,Tile,Luxury Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,379

Heating & Cooling

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

Interior Area

  • Total structure area: 1,379
  • Total interior livable area: 1,379 sqft

Other

  • Level: Main
  • Area: 156

Property

Lot

  • Lot size: 5,898 sqft
  • Features: See Remarks

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 $3,185$38,220
Home Insurance *$410$4,920
Property Taxes $236$2,832
Electricity $186$2,232
Total$4,017$48,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,725/yr
40% on housing$120,510/yr
45% on housing$107,120/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

$457This 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)

Price History

DateEventPrice
2026-03-23Listed for sale$629,900

New Construction

AgentLisa Rankin
BrokerageNew Home Star LLC

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