1812 Pikes Peak
VA Assumable
3.1% Rate
50 photos
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1812 Pikes Peak

Colorado Springs, CO 80904

2
Bedrooms
2
Bathrooms
1,390
Sq Ft

Payment Calculator

$4,146per 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?$34,875
$34,875$355,497
Secondary Financing8.5% Rate
$320,622
Blended rate5.52% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,188/mo
Assumable @ 3.1% + gap
$4,146/mo
$42less per month
$42
per month
$502
per year
$15,068
over 30 years

🏦 Loan Details

List Price
$697,500
Assumable Rate
3.1%
Remaining Balance
$393,680
Loan Type
VA
Est. Equity Gap
$355,497
Annual Taxes
$1,768

About This Home

A rare opportunity to own a fully reimagined 1898 Victorian in one of Colorado Springs’ most sought-after Westside settings. Extensively refurbished with a designer’s eye, this home blends authentic architectural character with polished, modern luxury. Inside, sunlit living and dining spaces showcase rich hardwood floors, tall ceilings, classic millwork, substantial trim, beautifully preserved natural-wood doors and an elegant neutral palette. The spectacular kitchen is the centerpiece: expansive stone countertops, oversized island seating, custom charcoal and white cabinetry, open wood shelving, full-height subway tile, statement pendant lighting, recessed lighting and a professional-style stainless gas range with vent hood. It is refined, dramatic and built to entertain. Two beautifully updated full baths include a spa-inspired primary bath with freestanding soaking tub, separate shower, designer vanity, modern fixtures and sophisticated tilework. Upstairs offers two bedrooms, flex/office space and convenient laundry. Central air, forced-air heat, updated finishes and thoughtful improvements throughout deliver true modern livability without sacrificing the home’s historic soul. A bright rear sunroom/mudroom opens to the fenced backyard, where mature trees, established landscaping and a large covered concrete patio create a private outdoor retreat. Then there is the feature that simply does not exist in most historic Westside homes: an oversized detached three-car garage/workshop with an existing loft offering approximately 800 SF of future ADU/apartment potential. With R-2 zoning, the property offers a compelling path toward guest quarters, studio space or income-producing living space, subject to City permitting and final approvals. Historic architecture. Designer renovation. Spa-level finishes. Serious garage capacity. Exceptional ADU upside. All minutes from parks, trails, dining, shopping and the best of Colorado Springs’ Westside.

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
$697,500
3.1% rateVASave $2,507/mo

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