Residential · Under Contract

400 Valley Crescent Street

Palmer Lake, CO 80133

5 Beds · 5 Baths · 4,459 Sq Ft

$1,675,000

Single Family

Property Type

2.21 acres

Lot Size

2001

Year Built

$376

Price per Sq Ft

2

Parking Spaces

7983934

MLS #

About This Property

Short-term rentals are allowed and owners will consider a lease purchase at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka’s designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area.

The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail.

Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way—an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.

105 days on market

Listed by Julie Ragusa · Engel & Volkers Denver · 720-309-3014

Last updated: 10/27/2026 10:21 PM · Source: elevateMLS, MLS#: 7983934

Virtual Tour

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active Under Contract
Price per Sq Ft $376
MLS # 7983934
Days on Market 105
Bedrooms 5
Full Baths 4
Half Baths 1

More Details

Above-Grade Sq Ft 3,531
Year Built 2001
Lot Size (Sq Ft) 96,268
Acres 2.21
HOA Fee $0
Annual Taxes $5,049
Tax Year 2025
State CO
County El Paso

Interior

Total Rooms 19
Interior Features Crown Molding, 5-Pc Bath, 6-Panel Doors, 9Ft + Ceilings, French Doors, Great Room
Heating Hot Water, Radiant
Cooling Attic Fan, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile, Wood
Fireplace Features Basement, Gas, Wood Burning, Main Level
Appliances Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer

Exterior & Parking

Total Parking 2
Parking Features Attached
Roof Composite Shingle

Building & Lot

Basement Partial Basement, Walk Out
Lot Features Sloped, Wooded
Construction Stucco, Wood Siding, Frame
Sewer Sewer
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, Conventional, VA Loan

Location

Price History

DateEventPrice
9/15/2026 Active Under Contract
Source: REcolorado® #8052021
—
9/15/2026 Active Under Contract
Source: elevateMLS #7983934
—
9/2/2026 Price change
Source: elevateMLS #7983934
$1,675,000 -6.7% $376/sqft
7/14/2026 Listed for sale
Source: elevateMLS #7983934
$1,795,000 +7.2% $403/sqft
7/13/2026 Listed for sale
Source: REcolorado® #8052021
$1,675,000 $376/sqft

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Listing information last updated October 27, 2026 at 10:21 PM.

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