703 Platt Lane, Palmer Lake, CO

$980,000

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5

Beds

4

Baths

3,805

Square feet

1.00

Acre

About 703 Platt Lane

Exceptional flexibility meets Palmer Lake living in this updated farmhouse ranch style home on a full acre—currently operating as a successful Airbnb and configured for multigenerational living. Tucked away with mountain views to the west, rock formations to the north and city lights to the east, the property offers two distinct living areas and room to spread out. The open main level is designed for everyday living and entertaining offering 3 bedrooms (one non conforming), an office, 3 baths and laundry right off the oversized garage . The large renovated kitchen opens directly to the great room, while large sliding doors bring in natural light and lead to an expansive Trex deck. The main level offers three bedrooms, one non-conforming, plus an office currently used as an additional bedroom and a private primary suite. The finished walkout lower level adds exceptional versatility. A second kitchen, oversized secondary primary suite with zero-entry shower, two additional bedrooms and a large family/game room create comfortable space for extended family, guests or rental use. Warm rustic finishes and built-in shelving add character, and the lower level can be closed off from the main residence when desired. Walkout access leads to the newly built oversized single-car garage, providing parking, workshop or storage space. Outside, enjoy coffee on the covered wraparound front porch, entertain on the back deck, or enjoy the lower patio and fenced backyard. Garden planters, a detached storage shed and an in-ground trampoline are just the beginning of what is possible in this outdoor space. Whether you're looking for a multigenerational home, an established short-term rental, a full-time residence with flexible guest space—or a combination of all three—this property offers options that are hard to find. Palmer Lake's trails, recreation, dining and small-town charm are all close by.

Features of 703 Platt Lane

MLS® # 8121847
Price $980,000
Bedrooms 5
Bathrooms 4.00
Full Baths 2
Half Baths 1
Square Footage 3,805
Acres 1.00
Year Built 2001
Type Residential
Sub-Type Single Family
Status Active

Community Information

Address 703 Platt Lane
Area Platts
Subdivision Platts
City Palmer Lake
County El Paso
State CO
Zip Code 80133

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected, Telephone
Parking Spaces 4
# of Garages 4
Has Pool No

Interior

Interior Features 5-Pc Bath, Great Room
Appliances Cook Top, Dishwasher, Disposal, Double Oven, Dryer, Gas in Kitchen, Microwave Oven, Refrigerator, Washer
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplace No
Fireplaces Gas, Main Level, One
Has Basement Yes
Basement Full Basement, Walk Out

Exterior

Windows Vinyl
Roof Composite Shingle
Construction Wood

School Information

District Lewis-Palmer-38
Elementary Palmer Lake
Middle Lewis Palmer
High Palmer Ridge

Additional Information

Date Listed September 10th, 2026
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable
Financing Available Cash, Conventional, FHA, VA

Listing Details

OfficeThe Platinum Group
Contact Info719-536-4444

Listing Map

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