$10,000

closing credit¹

7404 Paleo Way Colorado Springs, CO 80908

$850,000
3 beds
2 full, 1 partial
2,856 sqft
5.0 acres
$298 / sqft
House

Property details

About 7404 Paleo Way

Are you yearning for serene wide-open spaces, luxurious amenities, and a perfect setting for entertaining, all while soaking in breathtaking views? Welcome to your private utopia, where you can enjoy the best of Colorado Springs' stunning sunrises and sunsets from any of your three decks. Nestled in a peaceful cul-de-sac bordering expansive open space and a tranquil community lake, this magnificent 5-acre estate offers unmatched serenity and privacy. The open-concept great room, adorned with solid wood floors and vaulted ceilings, provides a welcoming atmosphere for relaxation or lively gatherings. The upgraded kitchen, featuring a two-tiered breakfast bar and gleaming granite countertops, is a chef's delight, making meal preparation a pleasure. Retreat to the luxurious primary suite, complete with a private balcony, an elegant 5-piece bath, and a spacious walk-in closet with custom built-ins. Downstairs, the expansive family room invites you to continue the evening with its cozy fireplace and built-in wet bar, offering endless possibilities for entertainment and relaxation. Two additional bedrooms, each with walk-in closets, provide ample space and privacy for family or guests. The home's functionality is enhanced by a well-appointed laundry/mudroom with abundant storage, an oversized 3-car garage with a workshop area, 8-foot doors, and 220v hookups for all your projects. For equestrian enthusiasts, a 3-stall steel barn with power, water, and a tack room awaits your horses. Complete with automatic sprinklers and a garden drip system, your property backs up to community open spaces with extensive trails and a picturesque lake, perfect for leisurely strolls. All of this is just 15 minutes from the vibrant dining and entertainment scene of Colorado Springs. Don't miss your chance to own this exceptional property that seamlessly blends rural charm with modern convenience. Come and experience the lifestyle you've always wanted!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size2,856 sqft
BasementYes
Lot size5 Acres
Year built2001
ParkingAttached
MLS #1994219
Attached garageYes
FireplaceBasement, Gas, Main Level, Stone, Two
ViewMeadow, Mountain(s), Rural

Summary

  • MLS Number: 1994219
  • Office Name: Davidson Biga Realty, Inc.
  • Office Phone: (719) 522-1222
  • Listing Agent: Devin Hightower

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

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: 2/1/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home featuring a garage and a rural view

$850,000

7404 Paleo Way

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 24, 2021
Home Sold
$710,000
Jun 29, 2018
Home Sold
$505,000
Jun 11, 2015
Home Sold
$400,000
Jul 21, 2010
Home Sold
$349,950
Dec 21, 2000
Home Sold
$55,000

Tax history

YearAssessmentProperty Tax
2023$55,980$3,141
2022$39,470$2,514
2021$40,610$2,620
2020$35,590$2,399
2019$35,590$2,216
2018$31,210$2,029
2017$31,210$1,403

History based on county public records data.

Nearby schools

8

Ray E. Kilmer Elementary School

Public District PK-6

3.3 mi

4285 Walker Rd

7

Edith Wolford Elementary School

Public District PK-5

4.2 mi

13710 Black Forest Rd

9

Prairie Winds Elementary School

Public District KG-6

6.3 mi

790 E Kings Deer Pt

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $96,646. Most Colorado Springs, CO residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
40%
35k-100k
35%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

22%
Single, No Kids
6%
Single, with Kids
44%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
12%
12-17 yrs old
10%
18-34 yrs old
55%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7404 Paleo Way

This home is located at 7404 Paleo Way in Colorado Springs, CO and zip code 80908 in the Black Forest neighborhood. This 2,856 square foot home, which was built in 2001, sits on a 5.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $850,000.

Over 24 listings were sold over their listed price in January 2025 in Colorado Springs, CO. In the same period over 83 listings were sold below the listed price and 26 listings were sold for the listed price. The number of listings in Colorado Springs, CO increased by 32.6% between December and January 2025. In January 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $460,000.

From Rocket Homes Real Estate and based on county public records data.

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