2362 Pelican Bay
VA Assumable
2.88% Rate
50 photos
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2362 Pelican Bay

Monument, CO 80921

4
Bedrooms
3
Bathrooms
2,881
Sq Ft

Payment Calculator

$3,149per month

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?$34,500
$34,500$155,377
Secondary Financing8.5% Rate
$120,877
Blended rate3.92% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,143/mo
Assumable @ 2.88% + gap
$3,149/mo
$994less per month
$994
per month
$11,931
per year
$357,923
over 30 years

🏦 Loan Details

List Price
$690,000
Assumable Rate
2.88%
Remaining Balance
$534,622
Loan Type
VA
Est. Equity Gap
$155,377
Annual Taxes
$4,419
HOA/mo
$450

About This Home

Welcome to your next chapter in the Forest Lakes community of Monument, where mountain views, modern comfort and smart living converge. This thoughtfully built 2018 residence showcases a generous first-floor primary suite for ease and elegance, alongside an office nook/flex area and a guest bedroom and bath—perfect for welcoming visiting friends or creating a dedicated workspace. Downstairs, an open rec room invites gatherings and offers two additional bedrooms and a full bath. Added bonus: a full unfinished space ready to become a fifth bedroom and another full bath when you’re ready. Outdoors, the expansive backyard delivers striking mountain panoramas and is enhanced by fully paid-off solar panels and an easy-to-transfer home warranty—giving you long-term peace of mind and lower operating costs. The robust 7.72 kW solar system, equipped with Enphase microinverters and a hardwired level-2 EV charger, provides exceptional energy efficiency—producing enough power to cover most household needs (and even charge an electric vehicle) while keeping utility costs remarkably low.\r \r Forest Lakes is a master-planned community in Monument celebrated for its sweeping open space, lakes, trails and foothills location just west of I-25. Here you’ll enjoy weekend hikes, scenic walks and an active lifestyle without sacrificing convenience. Commuting is simple—both Denver and Colorado Springs are within easy reach—while the neighborhood retains its tranquil, community-oriented feel. With refined finishes, flexible living areas and a setting that blends nature with everyday ease, this home offers a rare combination of sophistication and livability in a community you’ll be proud to call home.

Data Source: REcolorado MLS

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
$690,000
2.88% rateVASave $1,701/mo

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