5375 Old Star Ranch
VA Assumable
2.94% Rate
50 photos
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5375 Old Star Ranch

Colorado Springs, CO 80906

5
Bedrooms
4
Bathrooms
3,444
Sq Ft

Payment Calculator

$5,049per 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?$53,250
$53,250$285,998
Secondary Financing8.5% Rate
$232,748
Blended rate4.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$6,395/mo
Assumable @ 2.94% + gap
$5,049/mo
$1,346less per month
$1,346
per month
$16,154
per year
$484,620
over 30 years

🏦 Loan Details

List Price
$1,065,000
Assumable Rate
2.94%
Remaining Balance
$779,002
Loan Type
VA
Est. Equity Gap
$285,998
Annual Taxes
$4,680
HOA/mo
$2,400

About This Home

Located in the gated, coveted community of Star Ranch at the base of Cheyenne Mountain, this newer construction home sits on one of the largest lots at just over an acre. Surrounded by hiking trails and ideally located near Fort Carson, the property combines luxury, convenience, and Colorado living within award-winning Cheyenne Mountain School District 12. The board and batten, stucco, and stone exterior is enhanced by upgraded garage doors, decorative wood beams, professional landscaping, and custom rock retaining walls. Inside, the open-concept floor plan features 8-foot doors, cased windows throughout, smart home technology and a dramatic floor-to-ceiling stone gas fireplace in the great room. The kitchen includes a large island, stainless appliances, double ovens, gas range with exterior-vented hood, floating shelves, and expanded cabinetry. Vaulted tray ceilings highlight the spacious primary suite, featuring an expanded walk-in shower with dual shower heads and added linen storage. The main level features two additional bedrooms or office with a full bath, powder bath and a laundry/mudroom complete with and dog wash or mop basin. The finished basement offers a large recreation area with surround sound speakers, wet bar, guest bedrooms and oversized storage room. Additional upgrades include modern iron stair railing, insulated garage walls and doors, a garage gas line, and radon mitigation. The expansive covered patio includes recessed lighting, additional speakers, and generous entertaining space beneath the backdrop of Cheyenne Mountain. A separate concrete area and 220v electrical is ready for a hot tub retreat, creating the perfect setting for entertaining and everyday living. Perched at the top of the lot, a private bench area captures sweeping views and offers a peaceful place to relax. Combining extensive builder upgrades, a premium oversized lot, gated community living, and an exceptional location, this home presents a rare opportunity in Star Ranch.

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
$1,065,000
2.94% rateVASave $2,750/mo

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