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MLS #: 4742492

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5265 Gem Lake, Colorado Springs

Single Family in 80924

List Price

Was $745,000

$639,000

Beds/Baths: 4/3

Garage: 3

Year Built: 2015

Days on Market: 109

Taxes: $2,770/yr

Insurance: $3,000/yr est.

Listed By: Keller Williams Partners

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $4,251.28

Property Taxes $230.86

Insurance Get Quote → $250.00

HOA (est.) Cordera Community Association $133.00

Total Est. Monthly* $4,865.14

Market Context — 80924 (Meridian Ranch & Falcon Highlands)

Avg Days on Market: 68 ▲ This listing: 109

Avg Close Price: $679,354

Avg CPOLP: 96.7%

Median CPOLP: 98.0%

Active Listings: 158

Closed (30 days): 39

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80924 over the last 30 days.

County Assessor Data

Assessor Market Value: $739,709 14% below

Last Sale Price: $525,000

Last Sale Date: Oct 06, 2020

Lot Size: 0.18 acres

Finished SqFt: 2,996

Basement: 1,683 sqft (1,293 finished)

School District: ACADEMY SCHOOL DISTRICT #20

Source: El Paso County Assessor. Parcel 6225310105. Assessor values may differ from market value.

Hail Risk — 80924

Low

Events (5 years): 3

Largest Stone: 1.0"

Avg Stone Size: 1.0"

Most Recent: Jul 08, 2023

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

Building Permits

3 records

May 2025 REROOF DOING COMPLETE TEAR-OFF NEW DRY-IN AND USING OC STORM SHINGLES. $20,000 Finaled #P85303

May 2017 A/C COIL & CONDENSING UNIT INSTALLATION $300 Finaled #K95099

Mar 2015 RESIDENCE $525,442 Finaled #J56828

Provided as a courtesy — verify at pprbd.org

Price History

$679,000 Listed Mar 02

$665,000 ▼ -$14,000 / -2.1% Mar 31

$649,000 ▼ -$16,000 / -2.4% Apr 08

$639,000 ▼ -$10,000 / -1.5% Apr 16

Recent Comparable Sales (30 Days)

6017 Miller Run

4 bed / 4 bath · 151 DOM · Closed Mar 23

Listed: $724,000

$639,900

88.4% CPOLP

9444 Roseate

4 bed / 3 bath · 0 DOM · Closed Mar 31

Listed: $637,972

$637,972

100.0% CPOLP

8164 Glory

4 bed / 3 bath · 3 DOM · Closed Apr 15

Listed: $625,000

$630,000

100.8% CPOLP

5466 Gansevoort

4 bed / 3 bath · 42 DOM · Closed Apr 06

Listed: $639,000

$649,000

101.6% CPOLP

6213 Cubbage

4 bed / 3 bath · 0 DOM · Closed Mar 25

Listed: $650,000

$650,000

100.0% 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 80924

Price Drop — $50,000 off

MLS #: 4548204 More Details →

6007 Wendy Stream, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 3

List Price: $690,000 $640,000

DOM: 132

Taxes: $4,058/yr

Year Built: 2022

Listed By: MacKenzie-Jackson Real Estate

List Price $640,000

Est. Monthly Cost* $4,908.08

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Price Drop — $40,000 off

MLS #: 3169365 More Details →

8963 Backgammon, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 6/3

Garage: 2

List Price: $680,000 $640,000

DOM: 52

Taxes: $4,040/yr

Year Built: 2020

Listed By: Flat Rate Realty Group LLC

List Price $640,000

Est. Monthly Cost* $4,911.60

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Price Drop — $340 off

MLS #: 9814088 More Details →

6647 Knapp, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/4

Garage: 2

List Price: $641,503 $641,163

DOM: 34

Taxes: $0/yr

Year Built: 2026

Listed By: House Hunters, LLC

List Price $641,163

Est. Monthly Cost* $4,657.81

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Price Drop — $6,682 off

MLS #: 9746584 More Details →

9256 Wolf Valley, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/4

Garage: 2

List Price: $636,464 $629,782

DOM: 178

Taxes: $2,171/yr

Year Built: 2025

Listed By: House Hunters, LLC

List Price $629,782

Est. Monthly Cost* $4,813.37

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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.

5265 Gem Lake, Colorado Springs

Estimated Monthly Cost Breakdown*

Market Context — 80924 (Meridian Ranch & Falcon Highlands)

County Assessor Data

Hail Risk — 80924

Building Permits

Price History

Recent Comparable Sales (30 Days)

More Homes in 80924

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