11486 Ponderosa
VA Assumable
2.88% Rate
50 photos
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11486 Ponderosa

Franktown, CO 80116

4
Bedrooms
3
Bathrooms
2,695
Sq Ft

Payment Calculator

$3,052per 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?$34,950
$34,950$118,298
Secondary Financing8.5% Rate
$83,348
Blended rate3.59% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,197/mo
Assumable @ 2.88% + gap
$3,052/mo
$1,146less per month
$1,146
per month
$13,746
per year
$412,392
over 30 years

🏦 Loan Details

List Price
$699,000
Assumable Rate
2.88%
Remaining Balance
$580,702
Loan Type
VA
Est. Equity Gap
$118,298
Annual Taxes
$3,634
HOA/mo
$689

About This Home

Drone Footage: https://www.zillow.com/view-imx/84a9c0fc-b2a3-4be3-b1b3-4f84b8707464?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard\r \r Welcome to 11486 Ponderosa Lane.\r Set on 2.65 agricultural-zoned acres with no HOA, this thoughtfully maintained Franktown horse property offers mature Ponderosa pines, Pike’s Peak views, usable acreage, and a rare balance of privacy, versatility, and Front Range accessibility between Denver and Colorado Springs. The main level feels airy and inviting, with abundant natural light and a layout designed for comfortable daily living. The kitchen is bright, efficient, and seamlessly connected to the home’s primary gathering spaces for an easy everyday flow.\r Interior highlights include:\r New Andersen windows throughout home, oversized 2-car garage, enhancing comfort and efficiency\r Brazilian koa flooring in kitchen, living room, upper hallway\r * Tile flooring in all bathrooms\r * 4 conventional bedrooms plus office and lower-level flex room\r * 2¾ bathrooms with substantial tile updates in two bathrooms (2024)\r * Walk-out lower level\r * Multipurpose laundry room with cement flooring\r * Fully replaced lower-level carpeting\r * Two fireplaces and multiple walk-in closets\r Outdoor highlights include:\r * Usable horse acreage with fenced pasture space\r * Mature pine trees creating seclusion and natural beauty\r * Reinforced oversized deck\r * Organic garden and active compost space\r * Gala and State Fair apple trees with seasonal fruit production\r * Lawn and grounds largely pesticide- and chemical-free since 2019\r * Spacious extra-thick asphalt driveway and leveled RV parking area\r Additional features: \r * Newer OWTS designed for 6-bedroom capacity\r * Private well with no public water bill \r * VA loan assumption opportunity\r This well-maintained property offers room to grow, gather, create, and settle into Colorado acreage living.

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
$699,000
2.88% rateVASave $1,528/mo

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