18230 Cumbres
VA Assumable
3.45% Rate
50 photos
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18230 Cumbres

Peyton, CO 80831

5
Bedrooms
4
Bathrooms
N/A
Sq Ft

Payment Calculator

$1,805per month
No secondary financing needed

The equity gap on this property ($-229,403) is less than 5% of the purchase price ($8,750). Your down payment covers the full gap with no second mortgage required.

Down payment$-229,403
Effective rate3.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,051/mo
Assumable @ 3.45%
$1,805/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$175,000
Assumable Rate
3.45%
Remaining Balance
$404,403
Loan Type
VA
Est. Equity Gap
Contact us
Annual Taxes
$2,057

About This Home

Exceptional 5.14-acre treed and meadowed corner lot in desirable Peyton Pines — tucked on a quiet cul-de-sac with mature ponderosa pines, open grass meadows, mountain views and multiple build sites with walkout potential. Underground utilities are available at the road and the parcel is zoned for horses and 4-H animals. Protective covenants remain recorded though the HOA has been disbanded.Seller has pulled a domestic well permit and completed perc/soils testing. Septic design and full building plans for a walkout ranch are available, making this parcel highly prepared for permitting and construction. Nearby recreation — Homestead Ranch Regional Park Homestead Ranch Regional Park (roughly 450 acres) is just minutes from Peyton Pines and offers extensive outdoor amenities: multi-use and equestrian trails (several loop options including a ~3.3-mile outer loop), a fishing pond (Colorado fishing license required), picnic pavilions, playgrounds, restrooms and horse-watering facilities. The park is ideal for hiking, horseback riding, mountain biking, family outings and wildlife viewing — a major lifestyle asset for residents of Peyton Pines. Peyton Pines is a peaceful, rural subdivision east of Colorado Springs featuring mostly 5-acre (and larger) treed and meadowed parcels — ideal for country estates, horse properties and hobby ranches. The neighborhood offers mature ponderosa pines, low-density privacy, underground utilities to many roads, and quick access to Hwy 24 and Elbert Road. Colorado Springs is roughly 25 miles west.

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
$175,000
3.45% rateVA

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