720 Scorpio
VA Assumable
2.86% Rate
50 photos
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720 Scorpio

Colorado Springs, CO 80906

4
Bedrooms
4
Bathrooms
4,001
Sq Ft

Payment Calculator

$5,675per 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$433,085
Secondary Financing8.5% Rate
$378,085
Blended rate4.90% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$6,605/mo
Assumable @ 2.86% + gap
$5,675/mo
$930less per month
$930
per month
$11,162
per year
$334,853
over 30 years

🏦 Loan Details

List Price
$1,100,000
Assumable Rate
2.86%
Remaining Balance
$668,408
Loan Type
VA
Est. Equity Gap
$433,085
Annual Taxes
$4,199

About This Home

Welcome to this one-of-a-kind custom home tucked into the highly desirable Skyway neighborhood, offering privacy, character, and incredible Colorado Springs views. Set among mature trees at the end of a long driveway, the property offers views toward Downtown Colorado Springs and Kissing Camels at Garden of the Gods, plus RV/trailer parking. A welcoming front patio with new iron railings provides the perfect place to enjoy the scenery before double doors open to a light-filled sunroom. Natural wood beams, hardwood floors, a custom dual fireplace mantel, and inviting living spaces create a warm, timeless feel throughout. The beautifully updated kitchen is the heart of the home, featuring a massive island, quartzite surfaces, updated appliances, and a picture-perfect Garden of the Gods view from the window above the oven. Just off the kitchen is an additional living area with a fireplace, traditional dining room, and access to a large partially enclosed patio surrounded by mature trees, creating a peaceful setting for entertaining or relaxing. The main level includes a spacious primary suite with a 5-piece bath and walk-in closet, plus two additional bedrooms with oversized closets and a full bath featuring a unique sunken tub. The finished basement adds flexibility with a living area, full kitchenette/bar, bedroom, and bathroom, ideal for guests, entertaining, or a separate suite-style space. Additional highlights include A/C, a new Class 4 shingle roof, oversized 4-car tandem garage, attached workshop, and abundant storage. Meticulously maintained with pride of ownership evident throughout, the home and grounds were designed to offer a private and tranquil setting. Located within D-12 schools and walking distance to Bear Creek Regional Park and dog park, with convenient access to Downtown, Fort Carson, and Cheyenne Mountain. A truly special Skyway property that is difficult to replicate. Rarely do privacy, views, space, and location come together quite like this.

Data Source: Pikes Peak MLS (PPMLS)

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
$1,100,000
2.86% rateVASave $3,519/mo

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