1420 Point Of The Pines Drive
VA Assumable
3.1% Rate
50 photos
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1420 Point Of The Pines Drive

Colorado Springs, CO 80905

2
Bedrooms
1
Bathrooms
760
Sq Ft

Payment Calculator

$34,741
per month, total
$300,000
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$300,000
$300,000$4,121,259
Second loan$3,821,259
%
Blended rate6.05% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$36,028/mo
Assumable @ 3.1% + gap
$34,741/mo
$1,287
per month
$15,439
per year
$463,157
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$6,000,000
Assumable Rate
3.1%
Remaining Balance
$1,878,741
Loan Type
VA
Est. Equity Gap
$4,121,259
Annual Taxes
$3,064

About This Home

Dream It. Build It. Live It!!! 13 Fully Approved Estate Lots Overlooking Garden of the Gods, Pikes Peak & the City Lights of Colorado Springs Welcome to a once-in-a-lifetime opportunity to create a legacy development in one of the most iconic and visually stunning settings in the entire Front Range. This rare offering includes 13 estate-sized lots, fully approved and ready for you to install horizontal infrastructure and bring your vision to life — whether that’s a private luxury community, dream home, or a curated enclave for a family compound Unmatched Natural Beauty This unique ridgeline property offers Unobstructed views of Garden of the Gods, the towering majesty of Pikes Peak, and the shimmering city lights of Colorado Springs. Every lot is perfectly positioned to capture sunrise over red rock formations, alpenglow evenings, and uninterrupted skyline panoramas. Nature, Privacy, and Peace! The landscape features towering trees, native grasses, dramatic rock outcroppings, and natural trails throughout. These lots have been carefully configured to maximize privacy, preserve sightlines, and celebrate the rugged, serene environment — ideal for those seeking both seclusion and sophistication. Ready for Horizontal Development The hard work is done — **entitlements, approvals, and layout** are complete. This is a **shovel-ready opportunity** for the buyer to come in and complete horizontal infrastructure (roads, utilities, grading) and immediately begin vertical construction. Whether you’re a developer, luxury builder, or homeowner with a bold vision, the path is clear and the canvas is extraordinary.

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$6,000,000
3.1% rateVASave $1,287/mo

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