8825 Chipita Park
VA Assumable
3.31% Rate
50 photos
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8825 Chipita Park

Cascade, CO 80809

5
Bedrooms
5
Bathrooms
5,627
Sq Ft

Payment Calculator

$9,991per 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?$71,250
$71,250$1,031,768
Secondary Financing8.5% Rate
$960,518
Blended rate6.52% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$8,557/mo
Assumable @ 3.31% + gap
$9,991/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$1,425,000
Assumable Rate
3.31%
Remaining Balance
$594,126
Loan Type
VA
Est. Equity Gap
$1,031,768
Annual Taxes
$3,898

About This Home

If you're searching for a peaceful, modern mountain retreat, you've found it. Nestled in Chipita Park at the base of Pikes Peak this completely renovated mountain estate blends luxury, comfort, and versatility.\r \r Operated for 9 years as the Retreat at Chipita Park Bed & Breakfast, the property continues to function as a turnkey short-term rental during the summer months while also serving beautifully as a spacious multi-generational home.\r \r Designed for everyday living and entertaining, the home features three laundry areas, three dishwashers, an oversized septic system with RV connection, wired 10-camera security system, a gym with 2-person sauna and two radon mitigation systems.\r \r Major renovations include a stunning chef's kitchen with a oversized 4-seat quartzite island, custom cabinetry, butler's pantry, and south-facing green room; a luxurious primary suite with a spa-inspired bath, steam shower, soaking tub, kitchenette, fireplace, walk-in closet, and private laundry; and a beautifully finished 1,100+ sq. ft. lower-level apartment with elevator access to the main level, heated tile floors, independent heating, kitchenette, 36” pocket doors, laundry, and wood-burning stove.\r \r Outside, enjoy your own private waterfall and pond, covered 4-person hot tub, greenhouse, chicken house, woodshed, climate-controlled storage, enclosed dog run, and an easy-maintenance xeriscaped terraced backyard. A nearby trail connects to the Green Mountain Falls Trailhead for hiking, while kayaking, fishing, shopping, dining, and entertainment are all just minutes away.\r \r This exceptional property offers luxury, income potential, privacy, and mountain charm in one of the area's desirable unrestricted communities. Come discover why those who find Chipita Park rarely want to leave.

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
$1,425,000
3.31% rateVASave $6,576/mo

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