Price Drop — $66,000 off (8.9%)
5265 Gem Lake
MLS #: 4742492

5265 Gem Lake, Colorado Springs

Single Family in 80924

List Price
Was $745,000
$679,000
Beds/Baths: 4/3
Garage: 3
Year Built: 2015
Days on Market: 76
Taxes: $2,770/yr
Insurance: $3,000/yr
Listed By: Keller Williams Partners

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) $4,517.40
Property Taxes $230.86
Insurance $250.00
Total Est. Monthly* $4,998.26

Market Context — 80924 (Meridian Ranch & Falcon Highlands)

Avg Days on Market: 90 ▼ This listing: 76
Avg Close Price: $627,082
Avg CPOLP: 94.9%
Median CPOLP: 96.1%
Active Listings: 156
Closed (30 days): 41

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.

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

2 records
May 2025 REROOF DOING COMPLETE TEAR-OFF NEW DRY-IN AND USING OC STORM SHINGLES. $20,000 Finaled #P85303
Mar 2015 RESIDENCE $525,442 Finaled #J56828
Source: Pikes Peak Regional Building Dept

Recent Comparable Sales (30 Days)

6153 Leon Young
5 bed / 4 bath · 98 DOM · Closed Feb 26
Listed: $695,000
$680,000
97.8% CPOLP
6229 Cubbage
4 bed / 3 bath · 96 DOM · Closed Mar 02
Listed: $675,000
$670,000
99.3% CPOLP
5851 Yancey
5 bed / 4 bath · 5 DOM · Closed Feb 13
Listed: $665,000
$670,000
100.8% CPOLP
4955 Rabbit Mountain
5 bed / 4 bath · 69 DOM · Closed Feb 06
Listed: $720,000
$695,000
96.5% CPOLP
6045 Williams Run
3 bed / 3 bath · 21 DOM · Closed Feb 27
Listed: $699,900
$697,500
99.7% 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

9767 Wolf Lake
MLS #: 5101510 More Details →
9767 Wolf Lake, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 5/4
Garage: 3
List Price: $679,000
DOM: 78
Taxes: $3,640/yr
Year Built: 2020
Listed By: Keller Williams Partners
List Price $679,000
Est. Monthly Cost* $5,070.74
8963 Backgammon
MLS #: 3169365 More Details →
8963 Backgammon, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 6/3
Garage: 2
List Price: $680,000
DOM: 6
Taxes: $4,040/yr
Year Built: 2020
Listed By: Flat Rate Realty Group LLC
List Price $680,000
Est. Monthly Cost* $5,110.72
Price Drop — $10,000 off
5835 Thurber
MLS #: 8778836 More Details →
5835 Thurber, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 5/4
Garage: 3
List Price: $685,000 $675,000
DOM: 69
Taxes: $5,276/yr
Year Built: 2019
Listed By: Destination Denver Realty
List Price $675,000
Est. Monthly Cost* $5,180.44
9412 Roseate
MLS #: 6893519 More Details →
9412 Roseate, Colorado Springs
Type: Townhouse
Zip: 80924
Beds/Baths: 4/3
Garage: 3
List Price: $675,000
DOM: 19
Taxes: $2,504/yr
Year Built: 2026
Listed By: Walston Group Real Estate Inc
List Price $675,000
Est. Monthly Cost* $4,949.46
Data from the PPMLS. 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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