Cheryl Riley

Cheryl Riley

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$475,000

($102,718 down)
VA

7849 Peninsula Drive, Colorado Springs, CO 80911

4
4
2,496 sqft
PITI Monthly
$2,692.89 /mo

Listing courtesy of: Jeffrey Johnson, Keller Williams Premier Realty

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,384 /mo
$2,567 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
LUXURY
DECK
MOUNTAIN VIEWS
COZY
EFFICIENT
SOLAR PANELS
RENTAL INCOME

Beautifully Updated Home with House-Hack Potential – Fully Finished ADU! Welcome to this stunning 4-bedroom, 4-bathroom home, thoughtfully updated for modern living and smart investing. Featuring a fully finished lower-level Accessory Dwelling Unit (ADU) with its own private entrance, this property offers a prime house-hack opportunity—live in the main home while renting out the ADU to offset your mortgage or accommodate extended family. Enjoy peace of mind and energy efficiency with major upgrades already complete, including brand new flooring and carpet, a new furnace, AC, and water heater, plus paid-off solar panels installed in 2021. Upstairs, you'll find three spacious bedrooms, including a large primary suite with a full en-suite bathroom and ample closet space. An additional full bathroom serves the remaining upstairs bedrooms. The main level boasts an open-concept layout with a large living room showcasing breathtaking mountain views, a generous dining area, and a well-appointed kitchen featuring abundant stone countertops—ideal for both cooking and entertaining. The adjoining family room flows seamlessly to the deck, where you can relax and take in the beautiful views. A guest bathroom and convenient main-level laundry complete this floor. Downstairs, the fully finished ADU includes a cozy living room, walkout bedroom, full bath, full kitchen with a dining area, and its own laundry room. With two brand-new split units for efficient heating and cooling, the lower level is perfect for guests, multigenerational living, or steady rental income. Located minutes from Ft. Carson and close to shopping, schools, and scenic hiking trails, this home offers the perfect blend of luxury, comfort, and income-generating potential. Don’t miss your chance to own this versatile and beautifully updated property—perfect for living, investing, or both!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,692.89/mo
Estimated Loan Balance
$372,669
Cash to close
$102,718
Interest Paid
$42,354

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air, Other
  • Heating: Active Solar, Forced Air, Natural Gas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1990
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $190.3
  • Tax Annual Amount: $1702.24
  • On Market Date: 2025-04-02T21:52:12.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $102,718 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $102,718!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$372,282
Your Cash$102,718
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,384/mo
Traditional @ 7.15%
$2,662/mo
You save $278/month ($3,334/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7977539

Listing From:

Last updated: 2025-04-15T03:12:03.000Z

© , PPMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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.

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,384 /mo
$2,567 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $102,718 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $102,718!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$372,282
Your Cash$102,718
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,384/mo
Traditional @ 7.15%
$2,662/mo
You save $278/month ($3,334/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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