12498 Cloudy Bay
VA Assumable
3.34% Rate
50 photos
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12498 Cloudy Bay

Colorado Springs, CO 80921

6
Bedrooms
5
Bathrooms
4,761
Sq Ft

Payment Calculator

$7,389per 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?$63,750
$63,750$689,616
Secondary Financing8.5% Rate
$625,866
Blended rate6.01% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$7,656/mo
Assumable @ 3.34% + gap
$7,389/mo
$267less per month
$267
per month
$3,203
per year
$96,092
over 30 years

🏦 Loan Details

List Price
$1,275,000
Assumable Rate
3.34%
Remaining Balance
$585,384
Loan Type
VA
Est. Equity Gap
$689,616
Annual Taxes
$7,574
HOA/mo
$200

About This Home

Panoramic Pikes Peak Mountain VIEWS anchor this spacious 6-bedroom plus loft, 5-bath home with a 3-car garage featuring epoxy-coated floors. Set on a 13,669 sq ft lot in Flying Horse, the home offers a walk-out basement and expansive views throughout. The main level provides two inviting family rooms—one with soaring 18-foot ceilings, the other with vaulted wood-beam ceilings—each with its own fireplace. The kitchen features granite counters, abundant prep space, and a 5-burner gas cooktop. The main-level primary suite opens to the covered composite deck (16x35) and showcases mountain views; its bath includes dual closets, a large shower with dual heads, and a freestanding tub. Upstairs, a generous loft complements two additional bedrooms. The walk-out basement is designed for entertaining with a custom wet bar including a dishwasher and kegerator, another fireplace, three bedrooms, and two baths—two bedrooms connected by a Jack-and-Jill bath. Outdoor living is extended with a gas line to the deck for a grill and another to the fire pit on the 36x25 stamped-concrete patio. The property is within walking distance of a large park. Residents enjoy the prestigious Flying Horse community with optional memberships to The Club at Flying Horse, featuring two world-class golf courses, a spa, and an athletic club. A rare combination of views, versatile living spaces, and indoor-outdoor comfort in a premier community.

Data Source: Pikes Peak MLS (PPMLS)

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
$1,275,000
3.34% rateVASave $4,738/mo

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