10916 Silver Mountain
VA Assumable
2.99% Rate
50 photos
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10916 Silver Mountain

Colorado Springs, CO 80908

4
Bedrooms
4
Bathrooms
3,569
Sq Ft

Payment Calculator

$4,236per 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?$47,500
$47,500$174,924
Secondary Financing8.5% Rate
$127,424
Blended rate3.77% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$5,704/mo
Assumable @ 2.99% + gap
$4,236/mo
$1,468less per month
$1,468
per month
$17,620
per year
$528,607
over 30 years

🏦 Loan Details

List Price
$950,000
Assumable Rate
2.99%
Remaining Balance
$773,344
Loan Type
VA
Est. Equity Gap
$174,924
Annual Taxes
$4,091
HOA/mo
$145

About This Home

Nestled among the towering pines of Black Forest in a gated community and located within highly sought-after Academy District 20, this exceptional custom home offers privacy, comfort, and Colorado living at its finest on 2.56 wooded acres backing to undeveloped land. With 4 bedrooms, 4 bathrooms, and a thoughtfully designed floor plan, there is room for everyone to live, work, relax, and entertain.\r \r A dramatic two-story entry welcomes you inside, where hardwood floors, spacious living areas, and a cozy wood-burning fireplace create a warm and inviting atmosphere. The kitchen features granite countertops, stainless steel appliances, a gas range, wall oven, walk-in pantry, breakfast nook, and convenient access to the outdoor living spaces.\r \r The main-level primary suite is a true retreat with private patio access, a wet bar with sink and beverage refrigerator, double-sided fireplace, soaking tub, oversized shower, and large walk-in closet. The main floor also includes a secondary bedroom or office, laundry room with utility sink, half bath, and a flexible bonus room ideal for a gym, hobby room, or guest space.\r \r Upstairs you'll find three additional bedrooms, multiple ensuite bathroom arrangements, a dedicated theater room pre-wired for entertainment, and a spacious office with built-in shelving and a private Juliette balcony with Trex decking.\r \r Enjoy peaceful outdoor living with mature pines, a large usable lot, fenced yard area, covered patio, open patio, and the privacy that makes Black Forest so desirable. The heated two-car garage includes shelving and 220V service, while the separate one-car garage provides additional workspace and storage.\r \r Additional features include fiber optic internet, whole-house water filtration, generous storage, and a newer roof. A rare opportunity to own a beautifully maintained Black Forest retreat offering space, privacy, and timeless Colorado charm.

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
$950,000
2.99% rateVASave $2,041/mo

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