Iconic Colorado Properties
Rob Thompson, Realtor
719.440.6626  |  rob@iconiccoloradoproperties.com
Monthly Price Market Sell Buy Near Me Blog
Price Drop — $10,000 off (0.8%)
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
$1,190,000
Beds/Baths: 5/5
Garage: 3
Year Built: 2018
Days on Market: 179
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 → $7,917.10
Property Taxes $400.11
Insurance Get Quote → $250.00
HOA (est.) Cherry Springs Ranch $27.50
Total Est. Monthly* $8,594.71

Market Context — 80132 (Monument & Palmer Lake)

Avg Days on Market: 63 ▲ This listing: 179
Avg Close Price: $735,484
Avg CPOLP: 95.8%
Median CPOLP: 96.8%
Active Listings: 203
Closed (30 days): 47

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

5 records
Sep 2025 WATER HEATER REPLACEMENT $1,955 Finaled #Q03992
Mar 2023 PV SOLAR ( 5100 WATTS ) $20,400 Finaled #O53603
Oct 2019 BASEMENT REMODEL $3,000 Finaled #M56829
Apr 2018 TEMP SERVICE $100 Finaled #L41598
Feb 2018 RESIDENCE $542,360 Finaled #L36319
Provided as a courtesy — verify at pprbd.org

Price History

$1,200,000 Listed Mar 02
$1,990,000 ▲ +$790,000 / +65.8% Mar 27
$1,190,000 ▼ -$800,000 / -40.2% Mar 28

Recent Comparable Sales (30 Days)

19629 Royal Troon
3 bed / 4 bath · 17 DOM · Closed Apr 01
Listed: $1,350,000
$1,200,000
88.9% CPOLP
3015 Schilling
4 bed / 3 bath · 43 DOM · Closed Apr 17
Listed: $1,195,000
$1,135,000
95.0% CPOLP
1163 Greenland Forest
6 bed / 4 bath · 151 DOM · Closed Mar 30
Listed: $1,247,750
$1,073,000
86.0% CPOLP
1716 Catnap
6 bed / 4 bath · 9 DOM · Closed Apr 03
Listed: $999,000
$1,011,000
101.2% CPOLP
18050 Archers
5 bed / 4 bath · 10 DOM · Closed Apr 08
Listed: $1,100,000
$1,000,000
90.9% 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

Price Drop — $10,000 off
17815 Saddlewood
MLS #: 2029201 More Details →
17815 Saddlewood, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 3
List Price: $1,199,999 $1,189,999
DOM: 102
Taxes: $3,274/yr
Year Built: 1988
Listed By: Exp Realty LLC
List Price $1,189,999
Est. Monthly Cost* $8,443.29
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Price Drop — $156,777 off
19575 Misty Morning
MLS #: 2752966 More Details →
19575 Misty Morning, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/5
Garage: 3
List Price: $1,355,777 $1,199,000
DOM: 207
Taxes: $4,750/yr
Year Built: 1992
Listed By: REMAX PROPERTIES
List Price $1,199,000
Est. Monthly Cost* $8,622.81
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Price Drop — $76,000 off
1747 Islehurst
MLS #: 1245742 More Details →
1747 Islehurst, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 6/4
Garage: 3
List Price: $1,275,000 $1,199,000
DOM: 68
Taxes: $4,651/yr
Year Built: 2016
Listed By: Armstrong Real Estate Company
List Price $1,199,000
Est. Monthly Cost* $8,641.01
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20280 Indi
MLS #: 9667188 More Details →
20280 Indi, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 5
List Price: $1,199,000
DOM: 28
Taxes: $3,708/yr
Year Built: 1990
Listed By: Your Castle Real Estate LLC
List Price $1,199,000
Est. Monthly Cost* $8,535.96
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See all homes in 80132 →
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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