16540 Mesquite
VA Assumable
2.88% Rate
50 photos
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16540 Mesquite

Peyton, CO 80831

7
Bedrooms
5
Bathrooms
5,387
Sq Ft

Payment Calculator

$5,011per 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?$55,000
$55,000$247,356
Secondary Financing8.5% Rate
$192,356
Blended rate3.92% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$6,605/mo
Assumable @ 2.88% + gap
$5,011/mo
$1,594less per month
$1,594
per month
$19,127
per year
$573,814
over 30 years

🏦 Loan Details

List Price
$1,099,999
Assumable Rate
2.88%
Remaining Balance
$850,787
Loan Type
VA
Est. Equity Gap
$247,356
Annual Taxes
$2,525

About This Home

Escape to peaceful country living with this exceptional equestrian retreat on 5 scenic acres featuring rolling meadows, mature pines, and incredible Colorado sunsets. Located just minutes from Falcon shopping, dining, schools, and an easy commute to Colorado Springs, this property offers the perfect balance of privacy and convenience.\r \r Built by Copperleaf Homes, this spacious farmhouse-style home features 7 bedrooms, 5 bathrooms, hardwood floors, abundant natural light, and a functional layout designed for both everyday living and entertaining. The inviting living room is centered around a beautiful stone fireplace, while the country kitchen offers granite countertops, custom cabinetry, oversized pantry space, a beverage cooler, and charming vintage touches. The antique-style Elmira stove and retro-inspired refrigerator create a warm farmhouse feel buyers will love.\r \r Upstairs, the private primary suite includes vaulted ceilings, dual walk-in closets, a gas fireplace, and a spa-like bath with a clawfoot soaking tub. The finished basement adds additional bedrooms, flexible living space, and a pool table that stays with the home.\r \r Outside, equestrian buyers will appreciate the fully equipped drive-through barn with three stalls, tack room, wash station, hay storage, horse pens, and riding area. The property also offers room for RVs, trailers, animals, gardening, and outdoor recreation.\r \r Additional highlights include a nearly full wrap-around porch, 3-car garage, extensive storage throughout, flexible multi-generational living potential, and beautiful Front Range and meadow views.\r \r Showing requirements: Proof of funds or lender approval required before showings. Please remove shoes or wear provided booties inside the home. Buyers and agents are encouraged to tour the barn and horse facilities during showings.\r \r This is the kind of Colorado acreage property buyers wait for — functional, private, and full of character.

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
$1,099,999
2.88% rateVASave $2,703/mo

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