Price Drop — $50,000 off (4.2%)
18561 Cherry Springs Ranch
MLS #: 1373071
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18561 Cherry Springs Ranch, Monument

Single Family in 80132

List Price
Was $1,200,000
$1,150,000
Beds/Baths: 5/5
Garage: 3
Year Built: 2018
Days on Market: 230
Taxes: $4,801/yr
Insurance: $3,000/yr est.
Listed By: Exp Realty LLC

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $7,650.98
Property Taxes $400.11
Insurance Get Quote → $250.00
HOA (est.) Cherry Springs Ranch $27.50
Total Est. Monthly* $8,328.59

Market Context — 80132 (Monument & Palmer Lake)

Avg Days on Market: 49 ▲ This listing: 230
Avg Close Price: $819,906
Avg CPOLP: 97.2%
Median CPOLP: 97.5%
Active Listings: 227
Closed (30 days): 64

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80132 over the last 30 days.

County Assessor Data

Assessor Market Value: $1,149,195
Last Sale Price: $945,000
Last Sale Date: Jul 22, 2021
Lot Size: 2.52 acres
Finished SqFt: 3,942
Basement: 2,023 sqft (1,919 finished)

Source: El Paso County Assessor. Parcel 6109007006. Assessor values may differ from market value.

Hail Risk — 80132

Moderate
Events (5 years): 11
Largest Stone: 2.0"
Avg Stone Size: 1.2"
Most Recent: May 24, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$1,990,000 ▲ +$790,000 / +65.8% Mar 27
$1,190,000 ▼ -$800,000 / -40.2% Mar 28
$1,075,000 ▼ -$115,000 / -9.7% Apr 29
$1,175,000 ▲ +$100,000 / +9.3% Apr 29
$1,150,000 ▼ -$25,000 / -2.1% May 15

Recent Comparable Sales (30 Days)

4745 Mesa Top
4 bed / 4 bath · 84 DOM · Closed Jun 01
Listed: $1,225,000
$1,150,000
93.9% CPOLP
4206 Mesa Top
6 bed / 7 bath · 50 DOM · Closed May 29
Listed: $1,199,900
$1,100,000
91.7% CPOLP
1125 Edenhurst
6 bed / 4 bath · 1 DOM · Closed May 06
Listed: $1,200,000
$1,200,000
100.0% CPOLP
4727 Horse Trader
5 bed / 5 bath · 74 DOM · Closed May 13
Listed: $1,444,900
$1,210,000
83.7% CPOLP
705 Powderhorn
4 bed / 4 bath · 4 DOM · Closed May 11
Listed: $1,088,000
$1,087,020
99.9% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80132

17113 Alsike Clover
MLS #: 7835989 More Details →
17113 Alsike Clover, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 3
List Price: $1,149,000
DOM: 117
Taxes: $3,271/yr
Year Built: 2026
Listed By: House Hunters, LLC
List Price $1,149,000
Est. Monthly Cost* $8,191.92
16325 Treetop Glory
MLS #: 1798503 More Details →
16325 Treetop Glory, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3
List Price: $1,149,000
DOM: 15
Taxes: $7,159/yr
Year Built: 2024
Listed By: Armstrong Real Estate Company
List Price $1,149,000
Est. Monthly Cost* $8,490.91
Price Drop — $45,000 off
17815 Saddlewood
MLS #: 2029201 More Details →
17815 Saddlewood, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3
List Price: $1,199,999 $1,154,999
DOM: 153
Taxes: $3,274/yr
Year Built: 1988
Listed By: Exp Realty LLC
List Price $1,154,999
Est. Monthly Cost* $8,210.44
870 Trumpeters
MLS #: 2067308 More Details →
870 Trumpeters, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/5
Garage: 3
List Price: $1,159,000
DOM: 91
Taxes: $4,761/yr
Year Built: 2000
Listed By: RE/MAX Real Estate Group LLC
List Price $1,159,000
Est. Monthly Cost* $8,384.32
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 d/b/a elevateMLS. Estimated monthly cost assumes 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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