Colorado Mountain Estates Homes under $500,000

Welcome to Colorado Mountain Estates, a hidden gem nestled in the heart of Teller County, just a stone’s throw from the charming town of Florissant. This picturesque neighborhood is a haven for nature lovers and outdoor enthusiasts, boasting breathtaking views of the surrounding mountains and an abundance of recreational opportunities. Whether you’re hiking the scenic trails, fishing in the nearby lakes, or simply soaking in the tranquility of the pine-scented air, Colorado Mountain Estates offers a serene escape from the hustle and bustle of city life.

One of the most appealing aspects of this vibrant community is its diverse range of homes available for under $500,000. Here, you can find cozy cabins, spacious single-family homes, and contemporary builds that perfectly blend rustic charm with modern amenities. Each property is uniquely designed to take advantage of the stunning landscapes, with many featuring large windows, expansive decks, and outdoor living spaces ideal for entertaining or simply enjoying the crisp mountain air.

The community is not just about stunning homes; it’s also about fostering connections. Residents of Colorado Mountain Estates enjoy a friendly, welcoming atmosphere, with opportunities for social gatherings and community events throughout the year. With its close-knit vibe, you’ll quickly feel at home among your neighbors.

Whether you’re searching for a vacation retreat or a permanent residence, Colorado Mountain Estates is a fantastic choice. Experience the beauty of Colorado living without breaking the bank, and discover the lifestyle you’ve always dreamed of in this enchanting mountain community!

Newest Colorado Mountain Estates Homes under $500,000

$390,000

3 Beds ⋅ 2 Baths ⋅ 1501099 MLS

Ranch style home with a full covered deck porch on over 2 acres.. Open and bright, the home has wood vinyl plank flooring, with a large living room that has windows that capture the scenic peaceful views. The kitchen quartz countertops, 42 in upper cabinetry, a gas range with a stainless steel vent hood above and a stainless steel french door refrigerator and dishwasher. Glazed Subway tile forms the backsplash. The informal dining area adgjacent to the kitchen has a large pantry with 5 shelves. A door off the dining area opens to the backyard that is rolling meadows with views of trees. Part of the backyard is fenced for animal control. There are 3 bedrooms, off the hallway and an updated full bathroom to serve 2 of the bedrooms and guests. The 3rd bedroom has a sylish 3/4 bath and a large walk in closet. The laurndry area is by the door to the garage and includes a washer and dryer. The oversized 1 car garage has a utility closet which houses the furnace and water heater. There are several ceiling fans in the home to keep it comfortable in the summer months. A large barn shaped storage shed is adjacent to the garage. If t=your are looking for space between your neighbors and peaceful moutaineous views, you need to see this home. Close to Cripple Creek , florissant, and Divide, and located off of paved County roads.

406 High Pasture Rd, Florissant

$475,000

3 Beds ⋅ 2 Baths ⋅ 7173046 MLS

Welcome Home to a rare and special lakefront mountain cabin in Colorado Mountain Estates! This unique property sits on over an acre of land and backs directly to Magnuson Reservoir, offering a beautiful mountain setting and easy access to the water right from the property. The cabin offers nearly 1,600 square feet with 3 bedrooms and 2 bathrooms and has been used as a successful short-term rental, sleeping up to 13 guests. The main level features a spacious great room with vaulted ceilings, a wood-burning stove, a well-appointed kitchen, dining area, and two bedrooms with a full bathroom. Step outside onto the large covered Trex deck overlooking the reservoir. The deck features incredible custom woodwork, including hand-carved bear details that add to the mountain-cabin character of the home. You'll enjoy sitting in the hot tub and overlooking the lake while the fish jump! The lower level offers a large family room, third bedroom, and second bathroom, providing plenty of additional living and sleeping space. Throughout the home you'll find custom woodwork and unique details that give this property a true Colorado mountain feel. The property includes a double lot totaling over an acre, providing plenty of space and privacy. Whether you're looking for a mountain getaway, full-time residence, or an investment property, this is a rare opportunity to own a lakefront property in Colorado Mountain Estates with direct access to Magnuson Reservoir.

108 Spring Valley Ln, Florissant

$499,000

3 Beds ⋅ 3 Baths ⋅ 1970169 MLS

This custom stucco home with stacked stone accents offers a refined, modern mountain aesthetic, thoughtfully designed with quality finishes and upgrades throughout. Conveniently located just off the main road, the setting provides both accessibility and privacy. A welcoming front patio invites quiet moments of relaxation, while inside, the home opens to a dramatic great room featuring a soaring wall of Anderson windows and a striking floor-to-ceiling fireplace that frame natural light and mountain views. The adjacent kitchen is both functional and beautifully appointed with Fabuwood cabinetry, granite countertops, tile backsplash, stainless steel appliances, and a spacious island. The main-level primary suite offers vaulted ceilings, a walk-in closet, and a well-appointed en-suite bath with custom tile and a large walk-in shower. Downstairs, the walkout lower level features 9-foot ceilings, a bright and expansive family room, and two generously sized bedrooms as well as a full bath with dual vanity. Outdoor living continues with a large Trex deck and Fortress railing system, providing peaceful views and low-maintenance enjoyment. Built for durability and efficiency, the home includes a high-efficiency furnace, upgraded insulation, quality windows, and impact-resistant roofing. Set on a .54-acre lot and complemented by a two-car carport, this property offers close proximity to world-class fishing, hiking, skiing, off-roading, and nearby amenities, that deliver the ideal Colorado mountain lifestyle.

1328 N Mountain Estates Rd, Florissant

$438,500

3 Beds ⋅ 3 Baths ⋅ 7581835 MLS

Big views, big skies, and room to breathe! Set on 2 spacious, usable acres, this bright and inviting ranch-style home takes full advantage of its beautiful Colorado setting, with expansive views toward the Sangre de Cristo Mountains, surrounding rock formations, a peek at Pikes Peak, and incredible starlit skies. Step outside onto the expansive deck and you'll quickly see why this is a home made for Colorado living, morning coffee, sunset dinners, entertaining friends, or simply taking in the view. Inside, vaulted ceilings, abundant windows and natural light create an open, airy feel throughout the 1,941-square-foot home. The updated kitchen is both stylish and practical with newer cabinetry, farmhouse sink, butcher-block countertops, stainless steel appliances, gas range, island and breakfast bar. Two fireplaces add warmth and Colorado character to the living spaces, including a wood-burning stove and pellet stove. The spacious primary suite offers a walk-in closet and beautifully updated 5-piece bath with freestanding soaking tub, separate shower and double vanity. Two additional bedrooms plus a separate office provide plenty of flexibility for guests, hobbies or working from home. Outside, a large portion of the property is fenced for four-legged family members, while the level, usable acreage offers RV parking and room to spread out, with space for a future garage. A metal roof adds another practical Colorado bonus. Kitchen appliances, furnace and water heater were replaced in 2022. Come for the house, but don't be surprised if it's the views, space and sky that make you want to stay.

2329 Southpark Rd, Florissant

$414,000

3 Beds ⋅ 2 Baths ⋅ 2681666 MLS

Colorado log home with room to make it your own! Situated on 2 acres in Colorado Mountain Estates in Florissant, CO, this 1984 log home blends classic mountain character with improvements completed in 2025 and 2026. Exposed log walls, wood beam ceilings and a wood burning stove bring warmth and character throughout. The main level features two bedrooms, a full bathroom, kitchen with dining area, and living room. The kitchen received new lower cabinetry and countertops in 2026, while new flooring, carpeting and other interior updates provide a fresh starting point for making this home your own. Upstairs, a spacious loft offers flexible living space and a second bathroom. Previously used as the primary suite, the loft could serve as a retreat, office, hobby space or additional living area. The home offers 1,424 square feet of above grade living space according to county records, plus an approximately 1,120 square foot basement with exterior access. The basement includes a laundry room, bathroom rough in and previous framing, offering possibilities for storage, workshop space or future improvements. Outside, a covered porch overlooks the surrounding Colorado mountain landscape, while the 87,120 square foot lot provides room to enjoy the setting. Additional improvements include a roof replaced in 2020 and an electrical service upgrade completed in 2025. The property is served by well, septic, propane and forced air heat. Enjoy Colorado mountain living while remaining approximately 6 miles from the town of Florissant. With authentic log home character, recent improvements, a flexible loft, unfinished basement and 2 acres, this home offers the opportunity to continue the story and make this house your home.

258 Appian Way, Florissant

$375,000

3 Beds ⋅ 2 Baths ⋅ 5737725 MLS

Sun galore making this home a very welcoming home to walk into. A bright open concept kitchen, living room, dining room area. with a walk out dining area to BBQ on a large, paved patio. Views to enjoy. All one level easy living mountain home. Large kitchen area with plenty of granite counter tops and cabinets. Large pantry. Off the kitchen area is access to the large laundry room and the 2-car insulated and drywalled garage. The spacious primary suite includes an updated bath with a remodeled walk-in shower. The two additional rooms can be office, craft room or family and friends to come visit. A double fenced back yard for pets, patio for patio furniture and eating outside to enjoy the outdoor views and space. Household well along with a backup 1500-gallon cistern. Metal roof covered front porch area. on-demand hot water system and ceiling fans. Come and take a look at your future easy living mountain home.

17 Garfield Cir, Florissant

$499,999

3 Beds ⋅ 3 Baths ⋅ 7285997 MLS

Wonderful private setting within the trees and at the end of a cul-de-sac. The quiet of the mountains and the singing of the birds is wonderful to sit and have a cup of coffee while you are taking in the expansive hillside views stretching across the trees with Pikes Peak visible in the distance. Everyday living in the mountains gives you healthy clean fresh air to every breath. You have your very own retreat. Sanctuary at its finest. The kitchen is designed with both beauty and ease. With stainless steel smart appliances, stone counter tops, soft close doors and drawers, pantry, and a generous breakfast bar that naturally becomes the heart of the home. The dining area walks out to the composite deck, creating seamless indoor-outdoor living. Great for coffee on the deck in the morning or a relaxing glass a wine at the end of the day. Don't forget the ease of entertainment with guests from the deck to the open dining, kitchen and living room area. The main level master with a walk-in closet and its own bathroom make life easy living. Your guests or family can be in the second main level bedroom or the one in the lower level. The lower level offers a gas fireplace, family room for movie night, or game time.. of course it has a bathroom in the lower level too. Designed for both function and storage in mind, the oversized attached two-car garage offers extended depth to accommodate 20" trucks, along with a separate enclosed storage room, the width of the garage, ideal for tools, outdoor gear, or seasonal items. 2x6 construction makes this home efficient. Cool in the summer, warm in the winter. Set on over half an acre in a quiet cul-de-sac with very few neighbors and lots of space between neighbors, the home is surrounded by mature trees and positioned to take advantage of its natural hillside setting. The lot has been recently mitigated taking out 8 dead trees. You have privacy yet connection to beauty of the surrounding area. Quality living at its best!

24 Big Horn Cir, Florissant

$437,000

3 Beds ⋅ 3 Baths ⋅ 4972537 MLS

Welcome to a beautifully updated mountain retreat nestled on a peaceful .47-acre lot in Colorado Mountain Estates. Surrounded by towering pines and aspens, this home offers the perfect blend of privacy, comfort, and modern style. The main level features an open-concept living, dining, and kitchen area with vaulted ceilings and abundant natural light. The updated kitchen is designed to impress with granite countertops, stainless steel appliances, ample cabinetry, and a charming coffee bar that is sure to become a favorite gathering spot. Also located on the main level is the spacious primary suite, featuring a walk-in closet and private bathroom with a walk-in shower. A convenient powder room with laundry completes the main living area. The lower level offers two additional bedrooms, a full bathroom, and a utility/storage closet, providing plenty of space for family, guests, or a home office. A radon mitigation system has already been installed for added peace of mind. Outside, enjoy the serenity of mountain living from your private wooded lot. The attached, oversized one-car garage provides convenience and additional storage, while the natural setting offers plenty of room to relax and enjoy Colorado's beauty. Conveniently located near endless outdoor recreation opportunities including hiking, fishing, ATV trails, hunting, and National Forest access. Enjoy the best of mountain living while remaining just 20 minutes from Woodland Park, less than an hour from Colorado Springs, and approximately 90 minutes from world-class skiing. Whether you're looking for a full-time residence, weekend getaway, or investment property, this move-in-ready home is ready to welcome its next owners.

114 Homestead Ln, Florissant

$460,000

3 Beds ⋅ 2 Baths ⋅ 4684265 MLS

Stylish, trendy mountain home—brand new construction tucked into a serene, wooded setting. This thoughtfully designed home offers true main-level living with a modern mountain aesthetic throughout. Step inside to beautiful wood floors that flow seamlessly through the open-concept living space, complemented by abundant natural light from double-hung Jeld-Wen windows. The kitchen is a standout, featuring sleek stainless steel appliances, quartz countertops, and clean, contemporary finishes—perfect for both everyday living and entertaining. Bathrooms elevate the experience with elegant marble countertops for a touch of luxury. Enjoy indoor-outdoor living as the spacious living room opens directly onto a generous deck, ideal for relaxing or taking in the peaceful surroundings. Built with quality and efficiency in mind, this home includes an insulated door, durable hardboard wood siding, and a long-lasting metal roof. Additional highlights include a 2,500-gallon cistern with a built-in monitoring system, allowing you to easily track water levels, along with a state-of-the-art septic system. Carefully selected finishes throughout blend style with functionality. A rare opportunity to own a new build mountain retreat that combines modern design with rustic charm.

240 Insmont Ln, Florissant

$469,900

3 Beds ⋅ 2 Baths ⋅ 5330552 MLS

Mountain charm meets comfort and flexibility in this inviting 1,940 sq. ft. home featuring 3 bedrooms, 2 bathrooms, and situated on a peaceful 0.6-acre lot. Offering the perfect balance of comfort and mountain living, this property provides beautiful natural surroundings with versatile living space. The bright main level welcomes you with soaring vaulted ceilings, warm wood flooring, large windows, and a cozy wood-burning stove in the living room. The adjoining dining area features vaulted ceilings, wood floors, and direct access to the main-level deck, creating an ideal setting for indoor-outdoor living and entertaining. The kitchen offers both style and function with granite countertops, stainless steel appliances including a refrigerator, gas range/oven, and dishwasher, all surrounded by abundant natural light. Two main-level bedrooms feature vaulted ceilings and large windows, while the updated bathroom includes ceramic flooring, a granite dual vanity, and ceramic shower. The lower level is currently used as a spacious family room but offers exceptional flexibility and could easily be transformed into a private primary suite retreat. Complete with a wood pellet stove and an ensuite 5-piece bath featuring dual vanities, a jetted soaking tub, and a separate shower, this space offers numerous possibilities. An additional 13x24 storage room could also be converted into a walk-in closet or dressing area. One of the most special features of this home is its mountain setting. Wildlife regularly visits the property, including deer, rabbits, chipmunks, squirrels, mountain birds and wild turkeys. Although conveniently located on a main road, the home remains surprisingly quiet and peaceful, providing fresh mountain air and the true charm of mountain living.

877 N Mountain Estates Rd, Florissant

$370,000

3 Beds ⋅ 2 Baths ⋅ 4185644 MLS

Discover your Colorado mountain getaway with this well-cared-for 3 bedroom, 2 bathroom home nestled on a picturesque 2.4 acres. Enjoy sweeping views from your spacious deck, ideal for morning coffee or sunset dinners. With two comfortable living areas, there’s plenty of space to relax or entertain. The large kitchen and adjacent dining room are an ideal area for family gatherings with plenty of counterspace and cabinetry for storage. Wildlife sightings are common, adding to the peaceful, nature-filled atmosphere. Whether you’re seeking a full-time residence or a weekend retreat, this home is move-in ready and just waiting for your personal touches and updates. The master bedroom features a large walk-in closet and an en-suite 5-piece bathroom with a deep garden tub, double sinks, and a separate shower/water closet. 2 additional bedrooms share a well-appointed full bathroom. Conveniently located within an easy drive to Cripple Creek, Woodland Park, Colorado Springs, Buena Vista, and Breckenridge, you’ll enjoy the serenity of mountain living without sacrificing access to dining, shopping, and recreation. Don’t miss this unique opportunity to own a slice of Colorado paradise!

17 Amanda Cir, Florissant

$399,000

2 Beds ⋅ 2 Baths ⋅ 3574503 MLS

Easy to live in and easy location, updated 2+ acre mountain home combines true one-level living, year-round access, natural gas just mins from the blacktop of Teller 1—a rare & highly sought-after combination in mountain living. On a corner lot with plentiful level parking, enjoy mountain, valley and gorgeous rock formation views. Inside, warm tongue-and-groove Beetle Kill pine creates that inviting mountain feel. High-efficiency furnace, new in 2019 plus double-sided woodstove to stay toasty in winter. Spacious kitchen is designed for everyday ease of gathering, featuring: Views, Eat-in nook, large pantry + abundant cabinetry and storage. Formal dining opens to a fully fenced, level backyard. Smart, functional layout: Primary suite on its own wing with walk-in closet, and walk out deck. Spacious ensuite bath features large soaking tub, dual sinks, separate shower, built-in linen closet and lots of storage. 2nd Full bath has dual access from Living room plus bedroom 2 (could easily be turned back into a 3 bedroom home) and from the laundry and kitchen. Laundry/mudroom has storage closet, exterior access to additional RV and guest parking. Property is mitigated for better insurance rates. Enjoy a covered west-facing front porch—perfect for sunsets—level backyard complete with stone patio, steps and pathways, mature trees and storage shed. Additional highlights: *Heated, insulated 3-car garage offers ceiling fan, ample space for home gym and workshop with added windows for natural light and exceptional views. *Ramp access from garage to home enhances convenience, accessibility. *Easy driveway & year-round access. *Separate electrical panel on outside electric pole for generator hook up and fully wired for house and garage. *Convenient location, with investment and Short Term Rental potential. *Assumable Conventional loan at 3.25%! A rare blend of comfort, access & mountain beauty—ready for you and your loved ones to enjoy year-round.

891 S Mountain Estates Rd, Florissant

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