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Eclectic charm, mountain backdrops, and a vibrant local scene.
Location & Character
Palmer Lake, just north of Monument, sits tucked against the Rampart Range. This small town is built around its namesake lake and offers an intimate, artsy vibe with a balance of historic cottages, remodeled lakefront homes, and mountain-view builds.
Market Snapshot (Mid-2025)
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Median sale price: Approximately $550K–$700K, with premium remodeled or lake-adjacent homes reaching $1M+.
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Inventory: Small—often fewer than 20 active listings at any given time. Limited supply creates seasonal competition.
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Market tempo: Homes under $600K often sell within weeks; upper-tier properties move slower but attract niche buyers.
Median sale price: Approximately $550K–$700K, with premium remodeled or lake-adjacent homes reaching $1M+.
Inventory: Small—often fewer than 20 active listings at any given time. Limited supply creates seasonal competition.
Market tempo: Homes under $600K often sell within weeks; upper-tier properties move slower but attract niche buyers.
Talk to your Fisk Team Realtor about timing—summer listings near the lake can command premiums compared to off-season sales.
Taxes & Fees
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Property Taxes: Similar to Monument, around 0.45%–0.50% of assessed value. On a $600K home, roughly $2,700–$3,000/year.
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HOAs: Rare—most homes are independent, with only select planned enclaves carrying small HOA dues.
Property Taxes: Similar to Monument, around 0.45%–0.50% of assessed value. On a $600K home, roughly $2,700–$3,000/year.
HOAs: Rare—most homes are independent, with only select planned enclaves carrying small HOA dues.
Housing Stock & Lot Size
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Historic Homes: Cottages and Victorians dating to the late 1800s/early 1900s.
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Modern Infill: Custom homes built in the last two decades with mountain-modern styling.
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Lot Sizes: Range from small downtown parcels (0.1–0.25 acre) to hillside and edge-of-town parcels over an acre.
Historic Homes: Cottages and Victorians dating to the late 1800s/early 1900s.
Modern Infill: Custom homes built in the last two decades with mountain-modern styling.
Lot Sizes: Range from small downtown parcels (0.1–0.25 acre) to hillside and edge-of-town parcels over an acre.
Community & Lifestyle
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Recreation: Palmer Lake itself is a hub—fishing, paddleboarding, seasonal events, and 4th of July fireworks.
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Downtown: Known for its art galleries, coffee shops, and popular restaurants like O’Malley’s.
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Outdoors: Trailheads connect directly to national forest and the Santa Fe Trail.
Recreation: Palmer Lake itself is a hub—fishing, paddleboarding, seasonal events, and 4th of July fireworks.
Downtown: Known for its art galleries, coffee shops, and popular restaurants like O’Malley’s.
Outdoors: Trailheads connect directly to national forest and the Santa Fe Trail.
Schools
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Served by Lewis-Palmer District 38 (same as Monument).
Served by Lewis-Palmer District 38 (same as Monument).
Buyer’s Due-Diligence Guide
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Older Homes: Verify foundation, plumbing, and historic code compliance.
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Insurance: Proximity to forest may affect premiums.
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Water: Some properties use municipal service; confirm capacity and costs.
Older Homes: Verify foundation, plumbing, and historic code compliance.
Insurance: Proximity to forest may affect premiums.
Water: Some properties use municipal service; confirm capacity and costs.
Seller’s Strategy Playbook
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Charm Factor: Buyers here pay for story—highlight unique history and lake lifestyle.
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Seasonality: Listings shine in spring/summer with the lake full and events on Main Street.
Charm Factor: Buyers here pay for story—highlight unique history and lake lifestyle.
Seasonality: Listings shine in spring/summer with the lake full and events on Main Street.
Map of the area
$4,800,000
3D Tour
Single Family
$1,950,000
MLS# 8718293
ACTIVE
3D Tour
3D Tour
$790,000
$725,000
3D Tour
3D Tour
3D Tour
3D Tour
$625,000
3D Tour
Price
Descending
12
Industrial
$4,800,000
MLS# 9487781
ACTIVE
Listing Office: Peak Commercial Properties
Single Family
$1,950,000
MLS# 8718293
ACTIVE
Listing Office: HomeSmart
Single Family
$1,100,000
MLS# 7725607
ACTIVE
Listing Office: Sherlock Homes
Single Family
$859,000
MLS# 8116092
ACTIVE
Listing Office: American Home Agents
Single Family
$790,000
MLS# 1402526
ACTIVE
Listing Office: Resident Realty North Metro LLC
Single Family
$725,000
MLS# 6210828
ACTIVE
Listing Office: Keller Williams Integrity RE
Single Family
$680,000
MLS# 9408042
ACTIVE
Listing Office: Exp Realty LLC
Single Family
$670,000
MLS# 4052059
ACTIVE
Listing Office: RE/MAX Real Estate Group LLC
Single Family
$650,000
MLS# 1004835
ACTIVE
Listing Office: Main Street Brokers
Single Family
$649,000
MLS# 6919780
ACTIVE
Listing Office: Main Street Brokers
Single Family
$625,000
MLS# 4202335
ACTIVE
Listing Office: The Property Group, Inc.
Single Family
$615,000
MLS# 6824400
ACTIVE
Listing Office: Main Street Brokers
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The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Updated: 7th November, 2025 11:25 PM (UTC)