Price Drop — $130,000 off (7.0%)
5540 Parapet
MLS #: 8477977
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5540 Parapet, Colorado Springs

Single Family in 80918

List Price
Was $1,850,000
$1,720,000
Beds/Baths: 6/6
Garage: 3
Year Built: 1991
Days on Market: 159
Taxes: $3,453/yr
Insurance: $3,000/yr est.
Listed By: REMAX PROPERTIES

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $11,443.20
Property Taxes $287.75
Insurance Get Quote → $250.00
HOA (est.) Sunset Mesa Neighborhood Assoc $3.33
Total Est. Monthly* $11,984.28
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 33 ▲ This listing: 159
Avg Close Price: $465,672
Avg CPOLP: 97.8%
Median CPOLP: 98.3%
Active Listings: 157
Closed (30 days): 55

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80918 over the last 30 days.

County Assessor Data

Assessor Market Value: $937,964 83% above
Last Sale Price: $920,000
Last Sale Date: Jul 19, 2021
Lot Size: 0.79 acres
Finished SqFt: 6,768
Basement: 2,698 sqft (2,398 finished)

Source: El Paso County Assessor. Parcel 6314311043. Assessor values may differ from market value.

Hail Risk — 80918

High
Events (5 years): 17
Largest Stone: 1.75"
Avg Stone Size: 1.16"
Most Recent: Jun 17, 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

$1,740,000 ▼ -$50,000 / -2.8% Apr 27
$1,720,000 ▼ -$20,000 / -1.1% Jul 07

Click here for full details on PPAR →

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More Homes in 80918

Price Drop — $45,000 off
4896 Stonehill
MLS #: 2418035 More Details →
4896 Stonehill, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 3/4
Garage: 3
List Price: $1,895,000 $1,850,000
DOM: 290
Taxes: $3,623/yr
Year Built: 2001
Listed By: Springs Homes Inc
List Price $1,850,000
Est. Monthly Cost* $12,918.09
4968 Stonehill
MLS #: 8223413 More Details →
4968 Stonehill, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 6/5
Garage: 3
List Price: $1,449,000
DOM: 38
Taxes: $3,970/yr
Year Built: 2001
Listed By: HomeSmart
List Price $1,449,000
Est. Monthly Cost* $10,279.18
6230 Spurwood
MLS #: 6073111 More Details →
6230 Spurwood, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 5/5
Garage: 3
List Price: $1,299,000
DOM: 29
Taxes: $3,886/yr
Year Built: 1994
Listed By: Real Broker, LLC DBA Real
List Price $1,299,000
Est. Monthly Cost* $9,216.13
1420 Rockhurst
MLS #: 7777368 More Details →
1420 Rockhurst, Colorado Springs
Type: Single Family
Zip: 80918
Beds/Baths: 7/3
Garage: 3
List Price: $998,000
DOM: 87
Taxes: $3,196/yr
Year Built: 2006
Listed By: The Platinum Group
List Price $998,000
Est. Monthly Cost* $7,214.13
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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