463 Mountain Pass
VA Assumable
2.83% Rate
50 photos
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463 Mountain Pass

Colorado Springs, CO 80906

4
Bedrooms
4
Bathrooms
3,064
Sq Ft

Payment Calculator

$4,981per 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?$49,950
$49,950$348,982
Secondary Financing8.5% Rate
$299,032
Blended rate4.62% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$5,999/mo
Assumable @ 2.83% + gap
$4,981/mo
$1,018less per month
$1,018
per month
$12,217
per year
$366,508
over 30 years

🏦 Loan Details

List Price
$999,000
Assumable Rate
2.83%
Remaining Balance
$650,018
Loan Type
VA
Est. Equity Gap
$348,982
Annual Taxes
$3,417
HOA/mo
$2,400

About This Home

Beautifully positioned on a spacious 0.51-acre lot in the gated Star Ranch community, this newer ranch-style home offers stunning mountain views, mature trees, and a private, park-like setting. Located in award-winning Cheyenne Mountain School District 12, the property combines privacy with convenient access to Fort Carson, shopping, dining, downtown Colorado Springs, and Cheyenne Mountain State Park.\r \r The open main-level floor plan is designed for easy living and entertaining, featuring a bright great room with a gas fireplace, hardwood flooring, and large windows that frame the scenic surroundings. The gourmet kitchen includes a large island, solid-surface countertops, stainless steel appliances, double ovens, warming drawer, and a sunny dining nook with walk-out access to the backyard and patio. A formal dining room adds flexibility for hosting.\r \r The main level offers a spacious primary suite with a spa-like five-piece bath and walk-in closet, along with a second bedroom suite. The finished walk-out lower level provides a generous family and game room with a full wet bar and beverage refrigerator, plus two additional bedrooms, each with access to full bathrooms.\r \r This home features a high-capacity, solar system that powers two electric vehicles. It can supply energy to the entire home for up to three days in the event of a power outage.\r \r The system includes a city approved battery bank. With peak-hour electricity rates rising, this solar setup keeps your costs stable and your home running efficiently. \r \r Outdoor living is a highlight, with extensive landscaping, a full-length lower patio, upper composite deck, and a raised flagstone fire pit—ideal for entertaining or relaxing while enjoying the views. Additional features include central air conditioning, a three-car attached garage, main-level laundry, and thoughtful designer finishes throughout. This is a rare opportunity to own a newer, move-in-ready home on one of the premier lots in Star Ranch.

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
$999,000
2.83% rateVASave $2,987/mo

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