Palmer Lake Homes under $800,000

Welcome to Palmer Lake, Colorado—a hidden gem nestled in the heart of El Paso County. This charming town, surrounded by stunning mountain views and lush landscapes, offers a serene escape from the hustle and bustle of city life while still providing easy access to nearby attractions. With a rich history and a vibrant community, Palmer Lake is the perfect place to call home for those seeking a peaceful lifestyle infused with natural beauty.

One of the standout features of Palmer Lake is its incredible outdoor recreational opportunities. The town is bordered by the picturesque Palmer Lake, where residents and visitors alike can enjoy fishing, kayaking, and picnicking along the scenic shores. Hiking enthusiasts will appreciate the numerous trails in the area, including the popular Greenland Open Space and the majestic Pike National Forest, providing breathtaking views and an abundance of wildlife.

For those looking to settle down in this idyllic community, Palmer Lake offers a variety of homes under $800,000. Here, you can find charming single-family residences, modern townhomes, and spacious properties with ample outdoor space—perfect for families, retirees, or anyone seeking a tranquil lifestyle. The real estate market in Palmer Lake caters to diverse tastes, ensuring that everyone can find their dream home amidst the stunning backdrop of the Rocky Mountains.

With a strong sense of community, local events, and a welcoming atmosphere, Palmer Lake truly embodies the essence of Colorado living. Discover your new home in this enchanting town, where adventure and tranquility await at every turn.

Newest Palmer Lake Homes under $800,000

$385,000

3 Beds ⋅ 3 Baths ⋅ 1,483 SqFt. ⋅ ACTIVE Status

Embrace small mountain town living at Willow Creek—where low-maintenance living frees up your time and energy for the “good stuff!” Perfectly positioned in the heart of town, this turnkey townhome-style condo lets you spend less time on upkeep and more time enjoying everything that makes Palmer Lake so special! The kitchen features classic oak cabinetry, a pantry, breakfast bar, and all appliances! The dining area is filled with morning sunshine and showcases gorgeous views of Ben Lomand Mountain! A convenient powder room completes the main level! The inviting living room centers around a cozy gas fireplace, with west-facing windows framing Sundance Mtn. & Mt. Chautauqua, Colorado’s natural beauty. Recent updates include newer paint, carpet, luxury vinyl plank flooring, lighting, disposal, and a water heater (2022), plus a new furnace (2024). Upstairs, the primary suite offers vaulted ceilings and breathtaking views, along with a second bedroom and laundry closet with a new stackable washer and dryer. The finished basement features a third bedroom, private ¾ bath, and garage access—ideal for guests or roommates. Enjoy your private patio, a welcoming community with a playground, and new roofs in progress. Just one block to the lake, the Market, great restaurants, coffee, and the Palmer Lake Recreation Area—with year-round activities and events like the Palmer Lake Wine Festival, the 4th of July Fireworks and the .5K Donut Run! Close to the Santa Fe Trail, National Forest access for miles and miles of trails to explore! Palmer Lake isn’t just a great place to live —it’s a lifestyle! Smiling faces, 4 mountains, 2 reservoirs and a spring-fed lake (a rare occurrence on a mountain divide), and unlimited outdoor recreation like hiking, biking, paddle boarding, fishing, disc golf, pickleball, and so much more! This is where quality of life is abundant, and oh, so easy!

74 Vale Cir, Palmer Lake

Courtesy of Main Street Brokers. 719-481-4810

$570,000

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

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! Palmer Lake is where love lives™?…and you should live here too!

861 Circle Rd, Palmer Lake

Courtesy of Main Street Brokers. 719-481-4810

$780,000

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

$374,000

3 Beds ⋅ 3 Baths ⋅ 1,464 SqFt. ⋅ ACTIVE Status

This home is a Gem! Well taken care of with granite counters and LVP updates you are looking for. Experience charming mountain town living in this beautiful Townhome featuring 3 bedrooms and 3 bathrooms across 1,438 square feet. Enjoy stunning mountain views from your private setting walkout back patio and relax in the inviting living area with a cozy fireplace. The kitchen opens to the living room and dining area with granite counters, stainless steel appliances, a stylish farmhouse sink, kitchen pantry, and luxury vinyl plank flooring for durability and elegance. Upper level includes the primary suite with a adjoining full bathroom, another bedroom/office and stackable washer and dryer. The basement bedroom also includes a adjoining 3/4 bathroom. Granite countertops are throughout the kitchen and bathrooms. West facing oversized one car garage providing natural sunlight to melt the snow and plenty of guest parking to include a parking spot in front of the home. Enjoy the ease of maintenance-free living in a great location—close to Palmer Lake, parks, restaurants, and D38 Schools. With an easy commute to Denver or Colorado Springs and proximity to the United States Air Force Academy, this home truly has it all!

42 Vale Cir, Palmer Lake

Courtesy of Keller Williams Clients Choice Realty. 719-535-0355

$675,000

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, neutral finishes, and a stone and stucco gas fireplace that creates a warm focal point for the living room. The updated kitchen offers hickory cabinetry, granite countertops, tile flooring, and a tasteful backsplash, with the 5-burner gas range, washer, dryer, and other kitchen appliances included. The spacious 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 convenient one-level living with a spacious primary suite featuring a large walk-in closet, oversized bathroom, and views through soundproof windows. Bathrooms feature granite countertops and modern tile flooring. The walkout lower level adds considerable flexibility with a large family room, two bedrooms and a full bathroom, plus direct access to the Santa Fe Trail and a covered patio. The lower-level bathroom experienced a water leak and is currently unfinished, and there is some remaining cosmetic work needed in portions of the house. The home is being offered with these conditions reflected in the price, providing an opportunity for the next owner to complete the space to their own taste. Outside, enjoy a low-maintenance yard with artificial turf in both the front and backyard, a private hot tub, covered patio, spacious deck, and an 8' x 15' custom-built shed with plenty of room for outdoor gear, bikes, paddleboards, and lake toys. The property also features 2x6 construction, two 40-gallon water heaters, and central air conditioning.

98 Oakdale Dr, Palmer Lake

Courtesy of HomeSmart. 719-634-8761

$559,000

4 Beds ⋅ 2 Baths ⋅ 1,771 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Welcome to this updated 4-bedroom, 2-bath home in charming Palmer Lake! Enjoy the unique character of this mountain community, where you can watch the trains go by, relax by the lake, and stroll around the quaint town. The kitchen leads to a deck, offering a great opportunity to create your ideal outdoor living space where you can relax, entertain, and take in the tranquility and beauty of the surrounding mountains. Bring your vision to the yard and design your own private outdoor oasis. Major updates include newer windows, furnace, and water heater. Convenient access to I-25 makes commuting a breeze while still allowing you to enjoy the peaceful Palmer Lake lifestyle. Don’t miss the opportunity to make this home your own!

103 Aurelia St, Palmer Lake

Courtesy of Jillian Properties, Inc.. (719) 201-9782

$375,000

3 Beds ⋅ 3 Baths ⋅ 1,483 SqFt. ⋅ ACTIVE Status

Experience the best of Colorado mountain town living in this beautifully located Palmer Lake townhome! Just moments from Palmer Lake, scenic hiking and biking trails, parks, and local dining, this home places outdoor adventure right outside your door. Enjoy low-maintenance living in one of the Front Range's most sought-after communities, conveniently situated between Colorado Springs and Denver. Whether you're looking for your first home, a weekend getaway, or an investment property, you'll love the combination of charm, convenience, and year-round recreation this location provides

47 Vale Cir, Palmer Lake

Courtesy of Keller Williams Premier Realty. 719-445-0234

$389,000

3 Beds ⋅ 3 Baths ⋅ 1,417 SqFt. ⋅ ACTIVE Status

Easy living Palmer Lake condo! Lots of natural light & mountain views from every window. Brand NEW CARPET. Main level 3rd Bedroom or Office. Ample eat-in Kitchen. Cozy Living Room w/gas fireplace! Primary Bedroom w/vaulted ceiling & ensuite full Bath. This END UNIT has 3 full Baths and a great floorplan for families or roommates. Laundry Room with storage space and a TWO-CAR Garage. Come enjoy the Palmer Lake lifestyle; mountains, reservoirs, creeks, a waterfall, hiking trails and the Lake! Outdoor recreation is second to none! Fishing, hiking, biking, kayaking, disc golf are all outside your front door! Walk to quality restaurants, a coffee shop, museum & library. Conveniently located with easy access to I-25 for Colo Springs or south Denver commuters and close to Tri-Lakes shopping, dining, entertainment and recreation. Great District 38 schools (easy walk to the elementary school!). Enjoy a great mountain town lifestyle right on the front range that you will love coming home to!

76 Vale Cir, Palmer Lake

Courtesy of Assist-2-Sell Buyers & Sellers Choice. 719-487-1777

$410,000

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.

$375,000

3 Beds ⋅ 3 Baths ⋅ 1,236 SqFt. ⋅ ACTIVE Status

Nestled in the scenic charm of Palmer Lake, this beautifully maintained two-story end-unit townhouse offers comfort, space and exception mountain views. Unlike most units in the community, this home features a rare two car garage, complete with added cabinetry and shelving for extra storage. The laundry area is located off the garage - washer and dryer included. Upstairs, the main level welcomes you with laminate flooring and an inviting, open layout. The kitchen is thoughtfully designed with granite countertops, electric range, microwave, dishwasher, refrigerator, eye-catching tile backsplash and modern floating shelves. The adjoining living room is warm and bright, highlighted by a gas fireplace, a fandelier ceiling fan and stunning views that truly set this home apart. Also on the main level is a versatile bedroom - currently used as an office, with closet and a full bathroom featuring a tub/shower combination. The upper level is dedicated to rest and relaxation. The spacious primary suite includes a walk-in closet with a cozy sitting area and a fandelier ceiling fan for added comfort The attached full bath offers a tub/shower combo. A second upstairs bedroom provides even more flexibility, complete with dual closets, incredible views and access to an additional full bathroom with a tub/shower combination. Ideally located with quick access to I-25 this home makes commuting to Colorado Springs or Denver a breeze, while still offering the peaceful lifestyle and natural beauty that makes Palmer Lake so desirable. Shopping, dining and outdoor recreation are all within easy reach.

30 Vale Cir, Palmer Lake

Courtesy of Exp Realty LLC. 888-440-2724

$599,000

3 Beds ⋅ 3 Baths ⋅ 2,220 SqFt. ⋅ ACTIVE Status

Welcome home in Palmer Lake! Two story Custom Home! Upper level presents two Bedrooms, Bonus Room and a full Bathroom w/dual sinks. Main level offers Great Room w/ stone fireplace, hardwood floor and large casement windows; Gourmet Kitchen w/custom cabinetry, granite countertops, stainless steel appliances, spacious island, can lighting and tile floors; Primary main level Bedroom w/large walk-in closet, attached 5 piece Bath, ceiling fan and walk-out to the backyard; One-half Bath; Laundry area. Unfinished Basement. Two car attached Garage. Spacious front deck! Wildlife! Close to hiking trails and Pike National Forest!

374 Hoover Ln, Palmer Lake

Courtesy of Prestige Properties of America, LLC. (719) 330-7485

$550,000

5 Beds ⋅ 3 Baths ⋅ 2,230 SqFt. ⋅ ACTIVE UNDER CONTRACT Status

Welcome to this beautifully updated 5-bedroom rancher with breathtaking views in historic Palmer Lake, now priced to make it yours. Tucked away on a quiet cul-de-sac, this home offers the perfect blend of peaceful living and everyday functionality. From the moment you step inside, you’ll notice the vaulted ceilings, engineered wood flooring, and a light-filled layout designed for connection and entertaining. The updated kitchen features quartz countertops, stainless steel appliances, and a stylish subway tile backsplash, opening seamlessly to a dining space that easily accommodates gatherings of 10+. The inviting living room centers around a cozy gas fireplace and walks out to a spacious deck, perfect for taking in mountain views and the iconic Palmer Lake Star. With two primary suites, this home offers flexibility for multi-generational living, guests, or short-term rental potential. The garden-level basement is filled with natural light and provides additional space for recreation, media, or relaxation. Step outside to a south-facing deck and fenced backyard where you can garden, keep chickens, or simply enjoy the Colorado lifestyle with frequent wildlife sightings. No HOA. No covenants. Just freedom and opportunity. Located just blocks from the Palmer Lake Recreation Area and National Forest trails, you’ll have access to paddle boarding, hiking, biking, pickleball, and year-round community events. Zoned for award-winning Lewis-Palmer School District and offering easy access to I-25. This property has been operated as a successful short term rental. All furniture and washer and dryer are negotiable. This is one of the best values currently available in Palmer Lake. Opportunities like this don’t last, schedule your showing and see the difference for yourself.

25 Sailing Way, Palmer Lake

Courtesy of Exp Realty LLC. 888-440-2724

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