Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Active

$499,900

($215,838 down)
VA

8314 Grand Peak Summit View, Colorado Springs, CO 80920

4
4
3,064 sqft
PITI Monthly
$1,613.66 /mo

Listing courtesy of: Aimee Fletcher, eXp Realty, LLC

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,279 /mo
$2,084 /mo

What's Special

SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
MASTER SUITE
PATIO
MOUNTAIN VIEWS
COZY

Experience unparalleled mountain vistas and the majestic Pikes Peak in this incredible 2-story townhome. From the moment you arrive, you'll be captivated by the private front patio—a perfect prelude to the exceptional living spaces within. Step inside and be greeted by a spacious living room adorned with beautiful engineered flooring and a cozy gas fireplace, creating an inviting atmosphere for both relaxation and entertaining. The living area seamlessly flows into a large, chef-inspired kitchen complete with granite countertops, an expansive island, and an abundance of cabinetry. Enjoy meals in the sunlit nook as you savor breathtaking mountain views, with an outstanding gas stove enhancing your culinary experience. Upstairs, the private master suite is a luxurious retreat, featuring a generously sized bedroom, a stunning 5-piece bath, and a walk-in closet. Two additional well-appointed bedrooms, a full bathroom, a versatile loft area, and a convenient laundry room complete the upper level. For sports enthusiasts and those who love to entertain, the basement offers a sprawling family room that opens to a lower patio—perfect for enjoying more of those captivating mountain views. This level also includes a full bathroom and a large bedroom with a walk-in closet, providing flexibility and comfort. This townhome is a testament to thoughtful design and modern living, offering the ultimate blend of style, functionality, and breathtaking natural beauty. Embrace the lifestyle you deserve in this extraordinary mountain-view retreat!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,613.66/mo
Estimated Loan Balance
$284,661
Cash to close
$215,838
Interest Paid
$30,523

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Spanish Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Frame, Stucco
  • Roof: Spanish Tile
Condition
  • Year Built: 2016
Details
  • Builder: Challenger Homes

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Grand Peak Townhomes Association
  • HOA Amenities: Unknown
  • HOA Fee: $375
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $163.15
  • Tax Annual Amount: $2012
  • On Market Date: 2025-04-10T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $215,838 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $215,838!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$284,062
Your Cash$215,838
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,279/mo
Traditional @ 7.15%
$2,162/mo
You save $882/month ($10,588/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4468952

Listing From: recolorado

Last updated: 2025-04-12T00:08:22.000Z

© , recolorado. 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.

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,279 /mo
$2,084 /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 $215,838 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $215,838!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$284,062
Your Cash$215,838
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,279/mo
Traditional @ 7.15%
$2,162/mo
You save $882/month ($10,588/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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.