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11925 Hanging Valley Way, Colorado Springs, CO, 80921

6beds
5baths
4,524sqft
$699,900
$155price/sqft
$4,518/moest. monthly cost
$180,720/yrincome needed

About This Home

Welcome Home ! Exceptional value in this spacious, fully finished two-story home situated on a large fenced corner lot near area trailheads and outdoor recreation. Offering an impressive amount of finished living space, this well-maintained home combines size, functionality, and comfort at an attractive price point. The heart of the home is the expansive kitchen featuring a gas cooktop island, double ovens, abundant cabinet space, granite tile countertops, and an inviting hearth room that flows into the bright 12' x 13' sunroom. A shared gas fireplace connects the kitchen area to the oversized great room, creating warm and comfortable gathering spaces throughout the main level. Upstairs, the generous primary suite offers exceptional flexibility with an adjoining retreat ideal for a home office, nursery, workout space, or private sitting area. The spacious primary bath and walk-in closet add to the home's appeal. Secondary bedrooms are thoughtfully designed with private or shared bath access. The fully finished basement adds tremendous value with two additional bedrooms, a bathroom, and two large recreation areas perfect for entertaining, hobbies, multigenerational living, or guest space. Additional highlights include a main-level office, open foyer, ample natural light, and a floorplan designed for both everyday living and entertaining. A rare opportunity to own a large, move-in ready home with extensive finished space in a desirable location close to trails, parks, and amenities.

Getting Around

52
WalkingSomewhat Walkable
18
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2004

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator
  • Laundry features: Main Level

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 3
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • 5-Pc Bath,Great Room
  • Flooring: Carpet,Wood
  • Fireplace: Yes
  • Finished area below ground: 1,432
  • Finished area above ground: 3,092

Heating & Cooling

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

Interior Area

  • Total structure area: 4,524
  • Total interior livable area: 4,524 sqft

Other

  • Level: Upper
  • Area: 255

Property

Details

  • Parcel number: 6217402009

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Back Yard

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot,Level,Near Park,Near Schools,Near Shopping Center,Landscaped

Parking

  • Total spaces: 3
  • Parking features: Attached,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

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

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Wildfire
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 $3,539$42,468
Home Insurance *$376$4,512
Property Taxes $262$3,144
Electricity $341$4,098
Total$4,518$54,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,902/yr
40% on housing$135,540/yr
45% on housing$120,480/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

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 80921$236
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80921
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$685,000
2026-07-25Price change$699,900
2026-07-10Price change$725,000
2026-06-25Price change$742,400
2026-06-11Price change$749,900
2026-05-26Price change$765,500
2026-05-12Listed for sale$773,000
2024-04-10Listing removed--
2024-02-23Price change$3,745
2024-01-29Listed for rent$3,825
2022-09-22Listing removed--
2022-04-04Price change$3,795
2022-03-21Price change$3,925
2022-03-10Listed for rent$3,995
2021-01-23Listing removed--
2021-01-12Listed for rent$3,365
2018-11-17Listing removed$3,095
2018-10-30Listed for rent$3,095
2016-12-15Sold$440,000
2016-10-26Price change$449,000
2016-10-25Price change$469,900
2016-10-19Price change$475,000
2016-10-01Price change$469,900
2016-08-30Price change$475,000
2016-08-17Listed for sale$484,000
2005-06-07Sold$474,794
2003-07-01Sold$80,250

For Sale by Agent

AgentChristopher Cooper
BrokerageThe Cutting Edge

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