#4397528, Michael Orist, Listing office: United Country Timberline Realty
$265,000 List price
542 Observatory Dr Colorado Springs, CO 80904
2 beds
2 full
1,212 sqft
$219 / sqft
Condo
Property details
About 542 Observatory Dr
VIEWS FOR DAYS!!! What a great condo nestled in the heart of west side! Look out your back window and take in the breathtaking million dollar view! This well maintained home in an upkept community is a literal hidden gem! When walking in the secured door you'll find a double car garage and an additional door that will lead you to your home. As soon as you walk in you are drawn to the brightness and views that make living here so exciting! The open floor plan offers a convenience that's perfect for entertaining and enjoying every aspect of this home! as you flow through the living area and kitchen you'll find a balcony that sits over an open space allowing you to just get lost in the serenity while soaking up the views! The main level bedroom adjoins to a large bathroom and laundry room with ANOTHER PRIVATE balcony off the front. Upstairs you will find a large loft bedroom with an adjoined bathroom and large closet. Large windows and vaulted ceilings maximize the light and this condos best features! Call to schedule a showing today!
Highlights
Home typeCondominium
HeatingElectric, Forced Air, Wood
StatusActive
CoolingCentral Air
Size1,212 sqft
Year built1984
ParkingAttached
MLS #9996365
Attached garageYes
WaterfrontSee Remarks
FireplaceWood Burning
ViewMountain(s), Trees/Woods, See Remarks
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Range, Refrigerator
- Basement: No
- Flooring Type: Carpet
- Interior: Vaulted Ceiling(s)
- Fireplace: Wood Burning
- Total Bedroom Count: 2
- Attached Garage: Yes
- Parking: Attached
- Waterfront: See Remarks
- View: Mountain(s), Trees/Woods, See Remarks
- Heating: Electric, Forced Air, Wood
- Cooling: Central Air
- List Price: $265,000
- Price/SqFt: $218
- HOA Amount: $375 Monthly
- Annual Tax Amount: $803
- Tax Year: 2023
- Lot: Views, See Remarks
- Year Built: 1984
- Living Area: 1,212 SqFt
- MLS Number: 9996365
- Office Name: Gold Group Realty, LLC
- Office Phone: (719) 216-9542
- Listing Agent: Jessica Maloney ABR GRI
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Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $20,800 | $803 |
| 2022 | $15,400 | $861 |
| 2021 | $15,850 | $935 |
| 2020 | $12,950 | $878 |
| 2019 | $12,950 | $866 |
| 2018 | $11,810 | $820 |
| 2017 | $11,810 | $720 |
History based on county public records data.
Nearby schools
5
Bristol Elementary School
Public District PK-5
0.5 mi
•890 N Walnut St
3
Midland Elementary School
Public District PK-5
1.2 mi
•2110 Broadway Ave
8
Steele Elementary School
Public District PK-5
1.7 mi
•1720 N Weber St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,918. Most Colorado Springs, CO residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
43%
<35k
36%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
IKEA
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
BMW
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 542 Observatory Dr
The listing price of 542 Observatory Dr property is $265,000.
The property 542 Observatory Dr is a condo located in Colorado Springs, Colorado, 80904.
Active Listing: 542 Observatory Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 542 Observatory Dr are: Bristol Elementary School (GreatSchools Rating 5/10), Midland Elementary School (GreatSchools Rating 3/10), Steele Elementary School (GreatSchools Rating 8/10), West Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), North Middle School (GreatSchools Rating 5/10), Palmer High School (GreatSchools Rating 4/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Coronado High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $803 (source: MLS/based on county public records data).
The property at 542 Observatory Dr has 2 bedrooms and 2 bathrooms.
The property 542 Observatory Dr is 1,212 SqFt (source: MLS/tax record).
The year of construction for 542 Observatory Dr is 1984.
This home is located at 542 Observatory Dr in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. This 1,212 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 5, 2025 and is currently priced at $265,000.
Over 77 listings were sold over their listed price in June 2025 in Colorado Springs, CO. In the same period over 126 listings were sold below the listed price and 87 listings were sold for the listed price. Between May and June 2025, Colorado Springs, CO real estate market has seen increase in the number of listings by 36.4%. While the average time on the market in June 2025 was 33 days, the median list price was $484,906.
From Rocket Homes Real Estate and based on county public records data.