Located just a few steps to the Lake, this charming turn-of-the-century cottage could be your dream come true! Almost 1400 SF on the main level plus an unfinished basement & a shed for extra storage. Updates include: new Champion windows, flooring, furnace, hot water heater, and the roof is 5 years new! Two outdoor patios already in place for sunny afternoons and evenings around the fire pit! Right across the street is the Lake & park where year-round community events take place, like the Palmer Lake Wine Festival and the 4th of July celebration & fireworks! Active lifestyles enjoy the Palmer Lake recreational amenities like pickleball, disc golf, fishing, volleyball, paddle-boarding, and more! This property is situated in the best part of the village...nestled between Ben Lomand & Sundance Mountains near the glorious Palmer Lake Star (listed on the Historical Register as the largest illuminated star in the world!) & the trailheads leading to National Forest! With Palmer Lake's desirable CC zoning, this home presents so much opportunity! CC zoning has many permitted uses including mixed-use, multi-family, retail, restaurant, office, service business, etc. Nicely-sized corner lot located a few feet from state highway frontage. Start your vacation rental business here, open a Colorado gift shop or even a wine bar! Well-established restaurants (some, even famous) just a few feet away that do amazing business & are an important part of the community identity. Palmer Lake has a thriving live music scene that draws plenty of visitors too! Ample room for on-site parking plus additional public parking nearby. Palmer Lake is quickly evolving into a destination location due to unlimited outdoor recreation, the most picturesque setting and a laid-back vibe you only find in the most spectacular Colorado small mountain towns! It's your story to write...write it somewhere absolutely remarkable!
Utility FeaturesElectricity Available, Cable Available
SEWERPublic Sewer
WATER SOURCECity
Year Built1910
BasementPartial, Unfinished
FINISHED BASEMENT SIZE360.0
ARCHITECTURAL STYLECottage
RoofComposition
Parking FeaturesOff Street
Lot FeaturesLevel, Outbuildings, House Faces South
Garage spaces4
ViewMountain(s), Water
CITYPalmer Lake
SUBDIVISIONPalmer Lake Browns
COUNTYEl Paso
AREAOut of Area
STATECO
TAX AMOUNT1941.0
LATEST UPDATE2026-06-03T14:58:18.040Z
DAYS ON MARKET1
PRICE CHANGE(S)
$465,000 Jun 3, 2026
Market Trends
New Properties On Market
1
67%
Decrease In New Listings
Average Asking Price
$699,000
$187,334 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$234
$21 Decrease In List Price/Sq. Ft.
Average Days On Market
1
13 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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