Palmer Lake Homes for Sale

Palmer Lake: A Tranquil Retreat in El Paso County, CO

Nestled in the picturesque El Paso County of Colorado, Palmer Lake offers a serene and idyllic setting for those seeking a peaceful retreat away from the hustle and bustle of city life. With its stunning natural beauty and close proximity to outdoor recreational opportunities, Palmer Lake is a hidden gem that attracts nature lovers and outdoor enthusiasts alike.

Located just a short drive from Colorado Springs, Palmer Lake is known for its small-town charm and friendly community. The town is named after the tranquil lake that serves as its centerpiece, providing residents with breathtaking views and a serene atmosphere. The area boasts a rich history, with many historic homes and buildings that add to its unique character.

For those looking to make Palmer Lake their home, there is a wide range of real estate options available. From charming cottages to spacious family homes, there is something to suit every taste and budget. The real estate market in Palmer Lake offers a variety of homes for sale, ensuring that prospective buyers can find their dream home in this beautiful community.

In addition to its natural beauty, Palmer Lake offers a range of amenities and attractions for residents to enjoy. The town has a vibrant arts and culture scene, with local galleries and theaters showcasing the talents of the community. Outdoor enthusiasts will appreciate the abundance of hiking and biking trails, as well as opportunities for fishing and boating on the lake.

Whether you're looking to settle down or seeking a weekend getaway, Palmer Lake offers a tranquil and welcoming community that is sure to capture your heart. With its stunning natural surroundings, friendly atmosphere, and diverse real estate options, Palmer Lake is a true haven for those seeking a slice of Colorado paradise.

Newest Palmer Lake Homes for Sale

$559,000

3 Beds ⋅ 2 Baths ⋅ 1,624 SqFt. ⋅ ACTIVE Status

Experience Palmer Lake living from this beautifully maintained ranch-style home at the base of Sundance Mountain, home to the iconic Palmer Lake Star. Offering 3 bedrooms, 2 bathrooms, an attached 2-car garage, and over 1,600 square feet, this home combines main-level living, thoughtful updates, abundant storage, and mountain views stretching toward Colorado Springs. High ceilings, skylights, and expansive windows bring in natural light and showcase the scenery. The floor plan includes both a living room and family room, providing separate spaces to relax or entertain. A wood-burning fireplace adds warmth and character. The kitchen features stainless steel appliances, butcher block countertop, and select cabinet pull-outs. Main-level laundry adds everyday convenience, while generous storage throughout the home provides additional functionality. Outside, enjoy a spacious wood deck, fenced and landscaped backyard, and seating area with a fire pit. The setting at the base of Sundance Mountain offers beautiful views, including the Palmer Lake Star. Located in the heart of Palmer Lake and the Tri-Lakes area, the home is just two blocks from the local elementary school and within walking distance of hiking trails. Local restaurants, community events, and outdoor recreation are also nearby, while Highway 105 and I-25 provide access to Monument, Colorado Springs, and the Denver metro area. With its remarkable views, practical layout, and thoughtful improvements, this home offers an inviting way to enjoy Palmer Lake's natural beauty and small-town atmosphere. Be sure to explore the virtual tour for a closer look at the home's layout, flow, and features. With its remarkable views, practical layout, and thoughtful improvements, this home offers an inviting way to enjoy Palmer Lake's natural beauty and small-town atmosphere. ***Take a look at the virtual tour for a real feel for the flow of the home.

272 Glenarm St, Palmer Lake

Courtesy of Lee and Associates Real Estate, Inc.. 719-963-6032

$399,000

2 Beds ⋅ 1 Baths ⋅ 791 SqFt. ⋅ ACTIVE Status

Welcome to the Way Side: a charming cottage with a love story, tucked beneath the towering pines in Palmer Lake’s historic Glen. Known as the “Honeymoon Cottage” beginning in the mid-1930s, this sweet retreat welcomed newlyweds for decades. Recently, two generations of couples returned to share memories of spending their first days of marriage here. Tears flowed as they toured the cottage, remarking that its special energy remained unchanged. You can feel it, too! The Way Side captures a simpler time—mountain getaways, fresh air, starry nights, and afternoons well-spent spent outdoors. Original doors, windows, cabinetry, and other vintage details preserve its character, while thoughtful improvements, including a metal roof, updated electrical and plumbing, new flooring, and lighting, bring modern comfort. A welcoming vestibule opens to true main-level living with a cozy living room featuring classic wainscoting, a spacious kitchen with tile floors, stainless appliances and room for an island, two bedrooms, full bath, and laundry with full-size washer and dryer. The generous enclosed, screened porch practically begs for a good book and an afternoon thunderstorm! Outside, enjoy the sounds of the nearby creek, views of Ben Lomand Mountain and Elephant Rock, mature trees perfect for a hammock, and a storage shed for your gear. Adventure begins at your doorstep! The Creekside Trail is steps away, connecting to National Forest, the reservoirs, and miles of trails. Walk to Palmer Lake for fishing, pickleball, disc golf, volleyball, and community recreation. Across the creek, an emerging eco-spa and outdoor amphitheater add to the area’s appeal. Just a block from the historic Pinecrest wedding venue, the Way Side offers intriguing short-term rental potential. Perhaps it’s time to revive the “Honeymoon Cottage”? Whether this your first home, your mountain escape, or an investment opportunity, the Way Side has a long history of love—and is ready for its next chapter!

172 Shady Ln, Palmer Lake

Courtesy of Main Street Brokers. 719-481-4810

$550,000

3 Beds ⋅ 2 Baths ⋅ 1,153 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Discover the charm of Palmer Lake in this beautifully updated, MAIN LEVEL LIVING home, located within walking distance of the quaint mountain town’s shops, dining, & local attractions. Thoughtfully upgraded throughout, this inviting property blends modern finishes, exceptional craftsmanship, & the natural beauty of its Colorado mountain surroundings. The newly updated entry porch creates a welcoming first impression, while newer flooring & completely updated and upgraded bathrooms add a fresh, polished feel throughout. The custom-designed kitchen is a standout, featuring beautiful woodwork, live-edge shelves, granite countertops, stainless steel appliances, & an inviting eating island. The cozy living room, complete with a wood burning stove, offers a warm & comfortable place to unwind with ample natural light, while the custom home office built-ins showcase remarkable craftsmanship and attention to detail. Walk out to outdoor living that takes center stage with a spacious deck showcasing incredible mountain and dramatic rock formation views. The large, level yard offers versatile outdoor space for gardening, entertaining, & recreation. A greenhouse, multipurpose shed, and expansive driveway add functionality and flexibility for a variety of needs and hobbies. The attached 2-car garage provides convenience! Enjoy convenient access to I-25 for commuting to both Denver & Colorado Springs, along with nearby access to the Santa Fe Regional Trail, scenic mountain trailheads, & beautiful Palmer Lake. Whether exploring the outdoors, enjoying the local mountain-town atmosphere, or relaxing at home against a stunning natural backdrop, this distinctive property offers an appealing blend of comfort, character, & Colorado lifestyle. With thoughtful updates, custom finishes, versatile outdoor spaces, and a desirable location close to both recreation & regional conveniences, this Palmer Lake gem is a special opportunity to experience mountain-town living at its best!

42 S Valley Rd, Palmer Lake

Courtesy of REMAX PROPERTIES. 719-548-8600

$460,000

3 Beds ⋅ 1 Baths ⋅ 1,219 SqFt. ⋅ ACTIVE Status

Love mountain living? This charming 3-bedroom, 1-bath home offers the perfect blend of rustic character, cozy comfort, and outdoor adventure! Featuring inviting log siding, beautiful hardwood floors, and a warm wood-burning stove, this home welcomes you with a comfortable open floor plan and plenty of Colorado charm. Step outside onto the decks to enjoy the fresh mountain air, unwind after a long day, or entertain while taking in the natural beauty of the foothills. Adventure is just steps away, with nearby parks and mountain trails within a short walk. Need room for your outdoor toys? The large lot offers space for RV parking, while the oversized attached 2-car garage provides plenty of room for vehicles and gear. Whether you're looking for a full-time home or a mountain-inspired retreat, this Palmer Lake gem is ready to capture your heart. Don't miss your chance to enjoy the Colorado lifestyle you've been dreaming of!

528 Wall St, Palmer Lake

Courtesy of The Platinum Group. 719-536-4444

$570,000

4 Beds ⋅ 4 Baths ⋅ 2,675 SqFt. ⋅ ACTIVE Status

**VA Assumable at 3.5%/$279,000**Small mountain town living in Palmer Lake! Main-level great room w/tall ceilings is swimming in natural light & is an inviting place to entertain! The gourmet kitchen is the center of the home with granite counters, a pantry & island seating! The dining space walks out to the composite south-facing deck where you will love to drink coffee & meet the morning sun! Expansive living room for gathering! Cozy gas fireplace, recessed lighting & a wall of windows showcases the views of the Front Range! The adorable powder room is uniquely placed off the stairway to the upper level! Upper level includes the primary bedroom with a walk-in closet and an en suite spa-like bath with a soaking tub, water closet, custom tile shower and a double vanity! There are two other bedrooms and another full bath on the upper level plus the sunny laundry room includes the washer & dryer! Brand NEW QUALITY FLOORING and NEW INTERIOR PAINT thru-out! New furnace in 2022! Central air! The lower level includes one bedroom, a full bath, family room that walks out to the patio plus TWO extra office spaces! This is the perfect setup for remote workers...no one has to sit at the kitchen counter to work! Well water! Private, fenced back yard for pets & play! Attached 2-car garage! Extra wide concrete driveway provides ample parking with a spot for your RV (reinforced for a heavier rig), plus a 50-amp power supply! Well-built storage shed! Enjoy views that will replenish your peace! NO COVENANTS or HOA! Close to shopping & easy access to I-25! Excellent Lewis-Palmer schools! Palmer Lake is a little mountain paradise with two reservoirs, the Lake, unlimited outdoor recreation & smalltown traditions that are second to none! Walk to yoga or ride your bike up the Santa Fe Trail to the Palmer Lake Rec Area where you will find fishing, kayaking, paddle boarding, ice skating, disc golf, pickle ball, volleyball, a playground, trails & more! Love where you live!

861 Circle Rd, Palmer Lake

Courtesy of Main Street Brokers. 719-481-4810

$725,000

4 Beds ⋅ 3 Baths ⋅ 3,432 SqFt. ⋅ ACTIVE Status

Set on a beautifully landscaped double lot surrounded by mature trees, this meticulously maintained Palmer Lake home offers four bedrooms, three bathrooms, mountain views, exceptional outdoor living, and a versatile floor plan with plenty of room to gather, entertain, work, and unwind. Inside, formal and informal dining areas provide options for everyday meals and larger gatherings, while separate living and family rooms offer multiple spaces to relax and entertain. An oversized bonus room provides flexibility for an additional bedroom, home office, hobby room, or guest space. A dedicated recreation room with an included pool table adds another dimension to the home and provides additional space for entertaining or relaxing. Outdoor living is a standout feature with two decks totaling approximately 600 square feet and beautiful views from both. The lower deck functions as an indoor-outdoor retreat with sliding panels and an included hot tub, creating a comfortable space to enjoy throughout much of the year. The mature trees create a peaceful setting with plenty of usable outdoor space. The front yard is fenced, and tucked among the trees is a treehouse complete with bunk beds. A two-car garage provides additional parking and storage. Located in Palmer Lake and Lewis-Palmer School District 38, the property offers convenient access to trails, hiking, outdoor recreation, local restaurants, downtown Palmer Lake, Monument, and I-25. Extensive maintenance and updates completed over the years reflect true pride of ownership in a home designed to make the most of both indoor and outdoor Colorado living. **** Take a look at the virtual tour to get a real feel for the layout of the home.

821 3rd St, Palmer Lake

Courtesy of Lee and Associates Real Estate, Inc.. 719-963-6032

$655,000

4 Beds ⋅ 3 Baths ⋅ 2,395 SqFt. ⋅ ACTIVE Status

*Lakefront living with mountain views in the heart of Palmer Lake!* This inviting ranch-style home offers a wonderful combination of Colorado scenery, flexible living space, and easy outdoor living, all just steps from the lake and Santa Fe Trail. Inside, the open main-level floor plan features vaulted ceilings, hickory flooring, and a stone/stucco gas fireplace that creates a warm focal point for the living room. The kitchen offers hickory cabinetry, granite countertops, tile flooring, and a tasteful backsplash, with a 5-burner gas range, washer, dryer, and other kitchen appliances included. The attached dining area opens to a newer sunroom, providing even more space to relax and enjoy the outdoors throughout the seasons. The sunroom opens to a generous 36' x 12' deck with a SunSetter awning, creating an ideal spot for outdoor dining and enjoying the surrounding scenery. The main level offers a convenient main-level primary suite featuring a large walk-in closet, an adjoining bathroom with a corner tub, dual sinks, and a separate shower. The views through the soundproof windows are fabulous! Both bathrooms feature granite countertops and tile flooring. The walkout basement adds flexibility with a large family room, two bedrooms, one with a slider, and a full bathroom. That bathroom experienced a water leak from the bathroom above and is currently mitigated but unfinished, and the home is being sold as-is; these conditions are reflected in the price, allowing the next owner to finish the space to their taste. Outside, enjoy a low-maintenance yard with artificial turf in both the front and backyard, a private hot tub, covered patio, spacious deck with an awning, and an 8' x 15' custom-built shed with plenty of room for outdoor gear, bikes, paddleboards, and lake toys, and direct access to the Santa Fe Trail. The home features 2x6 construction, two 40-gallon water heaters, and central air conditioning.

98 Oakdale Dr, Palmer Lake

Courtesy of HomeSmart. 719-634-8761

$980,000

5 Beds ⋅ 4 Baths ⋅ 3,805 SqFt. ⋅ ACTIVE Status

Exceptional flexibility meets Palmer Lake living in this updated farmhouse ranch style home on a full acre—currently operating as a successful Airbnb and configured for multigenerational living. Tucked away with mountain views to the west, rock formations to the north and city lights to the east, the property offers two distinct living areas and room to spread out. The open main level is designed for everyday living and entertaining offering 3 bedrooms (one non conforming), an office, 3 baths and laundry right off the oversized garage . The large renovated kitchen opens directly to the great room, while large sliding doors bring in natural light and lead to an expansive Trex deck. The main level offers three bedrooms, one non-conforming, plus an office currently used as an additional bedroom and a private primary suite. The finished walkout lower level adds exceptional versatility. A second kitchen, oversized secondary primary suite with zero-entry shower, two additional bedrooms and a large family/game room create comfortable space for extended family, guests or rental use. Warm rustic finishes and built-in shelving add character, and the lower level can be closed off from the main residence when desired. Walkout access leads to the newly built oversized single-car garage, providing parking, workshop or storage space. Outside, enjoy coffee on the covered wraparound front porch, entertain on the back deck, or enjoy the lower patio and fenced backyard. Garden planters, a detached storage shed and an in-ground trampoline are just the beginning of what is possible in this outdoor space. Whether you're looking for a multigenerational home, an established short-term rental, a full-time residence with flexible guest space—or a combination of all three—this property offers options that are hard to find. Palmer Lake's trails, recreation, dining and small-town charm are all close by.

703 Platt Ln, Palmer Lake

Courtesy of The Platinum Group. 719-536-4444

$1,595,000

3 Beds ⋅ 4 Baths ⋅ 3,202 SqFt. ⋅ ACTIVE Status

Historic Glen Park's most iconic & stunning property is available for the 1st time in 40 years! This enchanting 6.5 AC horse property located at the foot of Mt. Chautauqua has a seasonal pond, aspen groves, meadow & creek crossings all at 7,295 FT above sea level. Custom 1977 mountain contemporary with the perfect floor plan for entertaining! Living room features a remarkable 20' masonry FP, beams, 2 walkouts, plus a wall of windows for natural light. Main-level primary w/luxe retro en suite bath! Updated kitchen w/Brooks Brothers cabinetry, granite counters, stainless appliances, eating nook & built-in hutch! Spacious main family room/dining combo has FP & walks out! Basement is also a walkout & includes a wet bar w/custom woodwork, & FP! Huge storage area! Upper level includes two beds plus a full bath & EZ access attic storage! The huge wraparound deck will be your favorite place to just "be"! Active solar! The 2-story, concrete-block horse barn has 220V, stalls & a hay loft! Fenced for horses! Shed w/220V! Located just 2 blocks to Nat'l. Forest & the reservoir trailhead! Breathtaking views! Nearby park w/playground & pickle ball! Enjoy small town traditions, fun community events & unlimited outdoor recreation! You really can have it all! This is the ultimate opportunity to "live off the land"...grow a garden, raise horses, chickens & goats! Make this your modern homestead or hobby farm! Build a bunkhouse & offer trail rides up the mountain! Board horses! This is a OIAL opportunity...you have been dreaming it & here it is! For those planning for generational wealth, this property can be subdivided. Palmer Lake's R-3 medium-density zoning allows for 5,000 SF lots! Subdivide into larger custom home lots or smaller parcels for traditional cabins! Coined the Glen's "crown jewel", this is one of very few acreage properties that exist in this area…let alone at the base of a mountain with such easy Nat’l Forest access! No covenants/HOA!

222 Clio Ave, Palmer Lake

Courtesy of Main Street Brokers. 719-481-4810

$1,675,000

5 Beds ⋅ 5 Baths ⋅ 4,459 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

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.

400 Valley Crescent St, Palmer Lake

Courtesy of Engel & Volkers Denver. 720-309-3014

$405,000

3 Beds ⋅ 2 Baths ⋅ 1,298 SqFt. ⋅ ACTIVE Status

Fantastic location sitting in the heart of Palmer Lake, and just 1 block from the elementary school! Welcome to this charming 3-bedroom, 2 bath home offers the perfect blend of small-town living and outdoor adventure. Enjoy peace of mind with new vinyl windows, a newer on demand hot water heater, and a brand-new deck that's ideal for relaxing while taking in the surrounding scenery. Hot water baseboard heating as a wonderful upgrade. This would be a great first time home buyers property. Property is located at the base off Star Hill, known for the lights shining on the star above the town through the holiday! The property is just minutes from 'Palmer Lake', where you can enjoy fishing, swimming, paddle-boarding, hiking, and year-round recreation. Experience this close-knit mountain community while still enjoying convenient access to I-25 and nearby amenities!

410 Thompson Pl, Palmer Lake

Courtesy of Stephanie Tanis.

$1,200,000

3 Beds ⋅ 3 Baths ⋅ 2,462 SqFt. ⋅ ACTIVE Status

Need room to dream bigger? This rare Palmer Lake property combines an extraordinary shop complex with a one-of-a-kind mountain home on 1.42 private acres. Business owner, car collector, RV enthusiast, contractor, hobbyist, or entrepreneur—this property was built to accommodate big ideas. The massive detached shop features ~25-ft eave heights, oversized 14-ft doors accommodating semi-trucks and large equipment, 220V power, a 75,000 BTU heater, full insulation/sheetrock, mezzanine level, and plumbing in place for a future bathroom. Store boats, RVs, classic cars, work vehicles, trailers, equipment, or recreational toys. Create the ultimate workshop, fabrication space, woodworking studio, gym, training facility, business headquarters, or all of the above. Adding even more flexibility is a separate heated 2-car garage complete with a loft that could serve as an office, studio, workshop, guest quarters, or future ADU (buyer to verify). With ~12 additional off-street parking spaces, there's room for everything. Unlike many properties that prioritize utility over lifestyle, this one delivers both! A circular driveway winds through the pines as you arrive at the home's distinctive circular design. Inside, soaring tongue-and-groove ceilings, exposed beams, abundant natural light, and a dramatic floor-to-ceiling stone fireplace create a warm mountain-lodge atmosphere. Large windows bring the outdoors in, while the wraparound deck provides the perfect place to entertain, relax, and take in the peaceful surroundings. Upstairs, the expansive primary suite offers a private retreat with generous space and character. Surrounded by mature trees just minutes from Palmer Lake, Monument, hiking trails, shopping, dining, and I-25, this property offers the perfect blend of privacy, functionality, and accessibility. Finding a property that gives you the space to live, work, create, build, store, grow, and pursue your passions all in one place is something entirely different. Come see it!

18640 Cloven Hoof Dr, Palmer Lake

Courtesy of Compass. 303-536-1786

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Palmer Lake Homes for Sale

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