Price Drop — $26,000 off (8.0%)
592 Observatory Drive
MLS #: 1422307
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592 Observatory Drive, Colorado Springs

Condo in 80904

List Price
Was $325,000
$299,000
Beds/Baths: 2/2
Garage: 1.0
Year Built: 1986
Days on Market: 56
Taxes: $1,175/yr
Insurance: $3,000/yr est.
Listed By: Redfin Corporation

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $1,989.25
Property Taxes $97.93
Insurance Get Quote → $250.00
Total Est. Monthly* $2,337.19
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80904 (Old Colorado City & Westside)

Avg Days on Market: 60 ▼ This listing: 56
Avg Close Price: $466,361
Avg CPOLP: 92.1%
Median CPOLP: 94.7%
Active Listings: 137
Closed (30 days): 21

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80904 over the last 30 days.

County Assessor Data

Assessor Market Value: $338,150 12% below
Last Sale Price: $225,000
Last Sale Date: May 13, 2019
Finished SqFt: 1,324

Source: El Paso County Assessor. Parcel 7412317073. Assessor values may differ from market value.

Hail Risk — 80904

Low
Events (5 years): 5
Largest Stone: 1.75"
Avg Stone Size: 1.33"
Most Recent: Jul 06, 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

$325,000 Listed Jul 16
$312,000 ▼ -$13,000 / -4.0% Aug 11
$299,000 ▼ -$13,000 / -4.2% Sep 10

Recent Comparable Sales (30 Days)

1146 Fontmore Road
3 bed / 2 bath · 195 DOM · Closed Aug 31
Listed: $339,500
$310,000
91.3% CPOLP
14 32nd Street
4 bed / 3 bath · 30 DOM · Closed Aug 28
Listed: $303,000
$287,850
95.0% CPOLP
1027 Arch Street
3 bed / 1 bath · 101 DOM · Closed Aug 21
Listed: $365,000
$315,000
86.3% CPOLP
410 17th Street
2 bed / 1 bath · 102 DOM · Closed Aug 14
Listed: $350,000
$320,000
91.4% CPOLP
2321 Cucharras Street
2 bed / 1 bath · 30 DOM · Closed Aug 21
Listed: $325,000
$277,100
85.3% 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 80904

Price Drop — $60,500 off
1824 Platte Avenue
MLS #: 6170765 More Details →
1824 Platte Avenue, Colorado Springs
Type: Single Family
Zip: 80904
Beds/Baths: 3/2
Garage: 2.0
List Price: $340,000 $279,500
DOM: 146
Taxes: $1,145/yr
Year Built: 1950
Listed By: Iconic Colorado Properties, LLC
List Price $279,500
Est. Monthly Cost* $2,204.93
2825 Bijou Street
MLS #: 4528628 More Details →
2825 Bijou Street, Colorado Springs
Type: Single Family
Zip: 80904
Beds/Baths: 2/1
Garage: 0
List Price: $299,000
DOM: 1
Taxes: $1,004/yr
Year Built: 1898
Listed By: Colorado Realty 4 Less, LLC
List Price $299,000
Est. Monthly Cost* $2,322.91
1590 Little Bear Creek Point
MLS #: 9729957 More Details →
1590 Little Bear Creek Point, Colorado Springs
Type: Condo
Zip: 80904
Beds/Baths: 2/2
Garage: 0
List Price: $299,000
DOM: 0
Taxes: $997/yr
Year Built: 2005
Listed By: Cornerstone Real Estate Team
List Price $299,000
Est. Monthly Cost* $2,322.34
Price Drop — $6,000 off
1118 Fontmore Road
MLS #: 8238387 More Details →
1118 Fontmore Road, Colorado Springs
Type: Condo
Zip: 80904
Beds/Baths: 3/2
Garage: 1.0
List Price: $300,000 $294,000
DOM: 25
Taxes: $1,236/yr
Year Built: 1979
Listed By: ERA Shields Real Estate
List Price $294,000
Est. Monthly Cost* $2,308.99
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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