Palmer Lake Homes with Full Basement

Palmer Lake Homes with Full Basement

Welcome to Palmer Lake, Colorado – a hidden gem nestled in the heart of El Paso County. This picturesque town, surrounded by the stunning Rocky Mountains, offers a perfect blend of natural beauty and small-town charm. With its serene lakes, lush forests, and breathtaking views, Palmer Lake is an outdoor enthusiast's paradise, providing ample opportunities for hiking, biking, and fishing. The vibrant community is known for its friendly atmosphere and hosts various events throughout the year, fostering a strong sense of belonging among its residents.

When it comes to real estate, Palmer Lake boasts an array of homes that cater to diverse lifestyles and preferences. Among these, you'll find exquisite properties featuring full basements, providing additional living space and endless possibilities. Whether you're looking to create a cozy family retreat, a home gym, or a spacious entertainment area, these basements offer the perfect canvas for your vision.

The homes in Palmer Lake are designed to harmonize with the stunning surroundings, often showcasing charming architectural details, modern amenities, and expansive outdoor spaces. With a range of options from quaint cottages to spacious family homes, there’s something for everyone in this enchanting town.

Living in Palmer Lake means enjoying a tranquil lifestyle while still being conveniently located near larger urban centers like Colorado Springs. Experience the best of both worlds – a peaceful retreat with easy access to city amenities. Discover your dream home with a full basement in Palmer Lake, where comfort meets nature in perfect harmony. Embrace the lifestyle you’ve always desired in this remarkable community!

Newest Palmer Lake Homes with Full Basement

$3,650,000
6 Beds ⋅ 6 Baths ⋅ 9639683 MLS
An English Modern estate spanning over 10,000 square feet on around 5 acre lot with Panoramic views from every direction of the beautiful mountain landscapes. Designed with timeless architecture, authentic natural materials, and exceptional craftsmanship. Inspired by classic European design, this one-of-a-kind residence showcases heirloom-quality finishes, artisan detailing, custom millwork, and sophisticated modern comforts. The chef’s kitchen is the centerpiece of the home, featuring handcrafted inset rift-sawn white oak cabinetry, a stunning 15-foot Carrara marble island, Spanish Zellige tile backsplash, integrated appliances, ILVE professional range, paneled double dishwashers, solid brass fixtures, and concealed storage, large pantry and a coffee/wine area. The dining room features wood ceiling beams and an Arhaus chandelier, while the living room offers a custom stone fireplace, built-ins, designer lighting, and a white oak stair railing. A dramatic 15-foot sliding glass door connects the interior to expansive outdoor living. The primary suite captures breathtaking panoramic views of Pikes Peak and the mountain landscape. Private spa sanctuary with heated marble floors, marble - clad walls and ceilings, double vanity, spa-inspired bath with double walk-in shower, quartzite surfaces, wall - mounted faucets, brass fixtures, custom cabinetry, make up vanity and a walk-in closet with laundry. The main level also offers a bunk bed room, additional bed, two full baths, powder room, mudroom, hallway pantry and office. The lower level has three additional bedrooms, large play room with high ceilings, kitchen, rock-climbing wall, theater, under stair playhouse, gym with rubber flooring, sauna, floor to ceiling mirrors, drinking fountain. There is also two additional basement bathroom. Over garage expansive loft. Three car garage with storage and Porte - cochere as well. Easy access to Santa Fe Trail. Set your showing today!

615 Pioneer Camp Vw, Palmer Lake
$430,000
3 Beds ⋅ 2 Baths ⋅ 2469592 MLS
Sitting in the heart of Palmer Lake, and just 1 block from the elementary school! Welcome to this charming 3-bedroom, 2 bath home offers the perfect blend of small-town living and outdoor adventure. Enjoy peace of mind with new vinyl windows, a newer on demand hot water heater, and a brand-new deck that's ideal for relaxing while taking in the surrounding scenery. Hot water baseboard heating as a wonderful upgrade. This would be a great first time home buyers property. Property is located at the base off Star Hill, known for the lights shining on the star above the town through the holiday! The property is just minutes from 'Palmer Lake', where you can enjoy fishing, swimming, paddleboarding, hiking, and year-round recreation. Experience this close-knit mountain community while still enjoying convenient access to I-25 and nearby amenities!

410 Thompson Place, Palmer Lake
$3,650,000
6 Beds ⋅ 6 Baths ⋅ 6276780 MLS
A bespoke English Modern estate spanning over 10,000 square feet on around 5 acre lot with Panoramic views from every direction of the beautiful mountain landscapes. Designed with timeless architecture, authentic natural materials, and exceptional craftsmanship. Inspired by classic European design, this one-of-a-kind residence showcases heirloom-quality finishes, artisan detailing, custom millwork, and sophisticated modern comforts. The chef’s kitchen is the centerpiece of the home, featuring handcrafted inset rift-sawn white oak cabinetry, a stunning 15-foot Carrara marble island, Spanish Zellige tile backsplash, integrated appliances, ILVE professional range, paneled double dishwashers, solid brass fixtures, and concealed storage, large pantry and a coffee/wine area. The dining room features wood ceiling beams and an Arhaus chandelier, while the living room offers a custom stone fireplace, built-ins, designer lighting, and a white oak stair railing. A dramatic 15-foot sliding glass door connects the interior to expansive outdoor living. The primary suite captures breathtaking panoramic views of Pikes Peak and the mountain landscape. Private spa sanctuary with heated marble floors, marble - clad walls and ceilings, double vanity, spa-inspired bath with double walk-in shower, quartzite surfaces, wall - mounted faucets, brass fixtures, custom cabinetry, make up vanity and a walk-in closet with laundry. The main level also offers a bunk bed room, additional bed, two full baths, powder room, mudroom, hallway pantry and office. The lower level has three additional bedrooms, large play room with high ceilings, kitchen, rock-climbing wall, theater, under stair playhouse, gym with rubber flooring, sauna, floor to ceiling mirrors, drinking fountain. There is also two additional basement bathroom. Over garage expansive loft. Three car garage with storage and Porte - cochere as well. Easy access to Santa Fe Trail.

615 Pioneer Camp View, Palmer Lake
$609,000
4 Beds ⋅ 4 Baths ⋅ 1983694 MLS
Nestled in the highly desirable Palmer Lake area, this beautifully maintained two-story home offers stunning mountain views and shows like new. Featuring 4 bedrooms, 3.5 bathrooms, and an ideal floor plan, this home blends comfort, style, and functionality. The inviting main level showcases engineered hardwood floors throughout, highlighted by a cozy gas fireplace in the dining area. The gourmet kitchen features granite countertops, abundant cabinetry, and a walkout to the spacious deck where you can relax and enjoy picturesque mountain views. Upstairs, you'll find three bedrooms plus a versatile loft, perfect for a home office, playroom, or additional living space. The spacious primary suite is a true retreat with a large walk-in closet and a luxurious five-piece ensuite bath. The professionally finished basement expands your living space with a generous family room, a fourth bedroom, and a full bathroom, making it ideal for guests, multi-generational living, or entertaining. Pride of ownership shines throughout this exceptionally well-cared-for home. Located in one of the area's most sought-after neighborhoods with easy access to hiking, parks, schools, shopping, and I-25, this move-in-ready property offers the perfect combination of scenic beauty, quality finishes, and everyday convenience. Don't miss your opportunity to own this exceptional Palmer Lake home!

859 Circle Rd, Palmer Lake
$675,000
4 Beds ⋅ 4 Baths ⋅ 6828528 MLS
Nestled at the end of a quiet cul-de-sac in the sought-after Elephant Rock Acres community, this custom stucco ranch offers the mountain lifestyle buyers dream of with breathtaking views of the iconic Palmer Lake Star. Just minutes from downtown Palmer Lake, enjoy easy access to local restaurants, coffee shops, parks, hiking and biking trails, Monument Preserve, Palmer Lake Reservoir, and I-25 for a convenient commute to both Colorado Springs and Denver. Located within the highly regarded Lewis-Palmer School District, this home combines small-town charm with everyday convenience. Inside, you'll find 4 bedrooms, 4 bathrooms, and nearly 2,900 square feet of thoughtfully designed living space. The spacious kitchen features hickory cabinetry, a center island with range hood and pot rack, and opens to the inviting living area with vaulted ceilings, plant shelves, and abundant natural light. Radiant heated floors provide year-round comfort, while knotty pine doors and baseboards add warmth and Colorado character throughout. The fully finished walkout basement expands your living space with two additional bedrooms, a spacious family room, and direct outdoor access, offering excellent flexibility for a potential mother-in-law suite, multi-generational living, guest quarters, or possible rental opportunities. Step outside to the impressive covered front porch or relax on the low-maintenance deck, both perfectly positioned to take in the surrounding mountain scenery and the famous Palmer Lake Star. Complete with an attached two-car garage, durable metal roof, and no HOA, this is Colorado living at its finest.

Palmer Lake
$1,595,000
3 Beds ⋅ 4 Baths ⋅ 2685113 MLS
Historic Glen Park's most iconic & stunning property is available for the 1st time in 40 years! This enchanting 6.5 AC horse property located at the foot of Mt. Chautauqua has a seasonal pond, aspen groves, meadow & creek crossings all at 7,295 FT above sea level. Custom 1977 mountain contemporary with the perfect floor plan for entertaining! Living room features a remarkable 20' masonry FP, beams, 2 walkouts, plus a wall of windows for natural light. Main-level primary w/luxe retro en suite bath! Updated kitchen w/Brooks Brothers cabinetry, granite counters, stainless appliances, eating nook & built-in hutch! Spacious main family room/dining combo has FP & walks out! Basement is also a walkout & includes a wet bar w/custom woodwork, & FP! Huge storage area! Upper level includes two beds plus a full bath & EZ access attic storage! The huge wraparound deck will be your favorite place to just "be"! Active solar! The 2-story, concrete-block horse barn has 220V, stalls & a hay loft! Fenced for horses! Shed w/220V! Located just 2 blocks to Nat'l. Forest & the reservoir trailhead! Breathtaking views! Nearby park w/playground & pickle ball! Enjoy small town traditions, fun community events & unlimited outdoor recreation! You really can have it all! Strictly sold as-is. This is the ultimate opportunity to "live off the land"...grow a garden, raise horses, chickens & goats! Make this your modern homestead or hobby farm! Build a bunkhouse & offer trail rides up the mountain! Board horses! This is a OIAL opportunity...you have been dreaming it & here it is! For those planning for generational wealth, this property can be subdivided. Palmer Lake's R-3 medium-density zoning allows for 5,000 SF lots! Subdivide into larger custom home lots or smaller parcels for traditional cabins! Coined the Glen's "crown jewel", this is one of very few acreage properties that exist in this area…let alone at the base of a mountain with such easy Nat’l Forest access! No covenants/HOA!

222 Clio Avenue, Palmer Lake
$995,000
4 Beds ⋅ 4 Baths ⋅ 8167910 MLS
A true architectural statement nestled among the pines, 777 Hilltop Road is unlike anything else on the market. Set on 2.17 private, wooded acres, this remarkable residence blends striking modern design with the warmth of natural materials, creating a home that is as timeless as it is distinctive. Walls of floor-to-ceiling glass frame breathtaking mountain vistas from nearly every room, flooding the interior with natural light while seamlessly connecting the home to its stunning surroundings. Rich, dark wood accents throughout add warmth and sophistication, perfectly balancing the clean architectural lines with an inviting, refined feel. Thoughtfully designed to complement its environment, the home's unique architecture naturally helps regulate interior temperatures, keeping the living spaces remarkably cool and comfortable even during Colorado's warmest summer days. Whether you're searching for a peaceful mountain retreat, a full-time residence, or the perfect place to retire, this location offers exceptional convenience. Ideally situated between Denver and Colorado Springs, you'll enjoy easy commuting while still experiencing the privacy and tranquility that only Palmer Lake can provide. Not to mention being a part of D-38 school district. The expansive 2.17-acre wooded lot offers incredible privacy, spectacular mountain views, and the feeling of your own secluded retreat—all just minutes from everyday amenities. Adding to the home's exceptional value is the opportunity for qualified VA buyers to assume the existing VA loan at an incredibly low 2.25% interest rate, a rare financial advantage in today's market. 777 Hilltop Road is more than a home—it's a work of architecture. A rare opportunity to own one of the area's most distinctive and thoughtfully designed residences, where modern luxury, natural beauty, and timeless craftsmanship come together effortlessly.

777 Hilltop Road, Palmer Lake
$430,000
3 Beds ⋅ 2 Baths ⋅ 1095980 MLS
Fantastic location sitting in the heart of Palmer Lake, and just 1 block from the elementary school! Welcome to this charming 3-bedroom, 2 bath home offers the perfect blend of small-town living and outdoor adventure. Enjoy peace of mind with new vinyl windows, a newer on demand hot water heater, and a brand-new deck that's ideal for relaxing while taking in the surrounding scenery. Hot water baseboard heating as a wonderful upgrade. This would be a great first time home buyers property. Property is located at the base off Star Hill, known for the lights shining on the star above the town through the holiday! The property is just minutes from 'Palmer Lake', where you can enjoy fishing, swimming, paddle-boarding, hiking, and year-round recreation. Experience this close-knit mountain community while still enjoying convenient access to I-25 and nearby amenities!

410 Thompson Pl, Palmer Lake
$825,000
5 Beds ⋅ 4 Baths ⋅ 8116092 MLS
Welcome to your future home, nestled in the foothills of Palmer Lake, with incredible mountain & lake views!! This cherished home has hickory hardwood flooring, gourmet kitchen w/ quartz countertops, also: backsplash, sink, faucet, lights, and stainless steel appliances w/ gas range, island & pantry. This eminent open main-level vaulted ceilings, large family room w/ views & fireplace, dining room w/ light fixtures & dry bar w/ beverage fridge, check out the laundry/mud room and main level master bedroom w/ attached 5-piece bathroom and walk-in closet. The upper level offers a large loft, 2 bedrooms and full bathroom w/ dual vanity. The fully finished basement has vinyl flooring in the massive family room, 2 additional bedrooms and a full bathroom including a vanity, w/ tile flooring, tile in the shower, w/ lights and fixtures! This beautiful home is within walking distance to the lake, restaurants, National Forest, hiking trails and the elementary school. Truly a must see!

313 Milton St, Palmer Lake
$609,000
3 Beds ⋅ 2 Baths ⋅ 9649207 MLS
"Almost Heaven"!!! Palmer Lake is nature at its very best! This resort-like small Mountain community is absolutely stunning! Surrounded by beauty in every direction. Located between Denver and Colorado Springs makes your commute a breeze. With the spring-fed lake this small town offers so much recreation. You can fish, kayak, paddle board or take in a game of pickle ball, disc golf, sand volleyball, horseshoes, horseback riding, baseball or softball and you can play hockey when the lake freezes. Besides all of that, you can choose to go hiking or biking at the New Santa Fe Regional Trail or any of the other local trails. End your day with a picnic at the lake or at Glen park or you can visit one of our many locally owned restaurants or the sweet little ice cream house. The possibilities are literally endless and with all of this beauty, you will definitely see some wildlife as a bonus. Doesn't all of that sound great! This home is right in the middle of all of it. Featuring an updated kitchen with all new granite counter tops, new subway tile backsplash, new kitchen sink and a new garbage disposal. Stainless appliances, and fresh new luxury vinyl flooring and new carpet throughout. There is updated lighting and ceiling fans, a beautiful new tub and tile and fixtures in the main bathroom, and a new water heater. Let's top this off with an upgraded roof and gutters-end of 2024 with the highest rated impact-resistant class 4 shingles built to withstand severe weather. Complete with a deck, patio, enclosed dog area and two sheds for storage. It is on .30 acre with plenty of room that you have with the additional lot on the property. THIS HOME TRULY IS MOVE-IN READY AND HAS EVERYTHING YOU NEED IN A GREAT LOCATION! Spend your evenings on the patio watching everyone have a great time on the lake. The forth of July celebration is so amazing here. You will have a front row seat to that and to any of Palmer Lake's many family friendly events and you are just a short walk to the lake to join in on the fun. Start your day off in the cool mountain air. Call now to schedule a showing!

320 Columbine Rd, Palmer Lake
$585,000
4 Beds ⋅ 4 Baths ⋅ 1521682 MLS
Beautiful home in picturesque Palmer Lake! Main-level great room w/tall ceilings is swimming in natural light & is an inviting place to entertain! The gourmet kitchen is the center of the home with granite counters, a pantry & island seating! The dining space walks out to the composite south-facing deck where you will love to drink coffee & meet the morning sun! Expansive living room for gathering! Cozy gas fireplace, recessed lighting & a wall of windows showcases the views of the Front Range! The adorable powder room is uniquely placed off the stairway to the upper level! Upper level includes the primary bedroom with a walk-in closet and an en suite spa-like bath with a soaking tub, water closet, custom tile shower and a double vanity! There are two other bedrooms and another full bath on the upper level plus the sunny laundry room includes the washer & dryer! Brand NEW QUALITY FLOORING and NEW INTERIOR PAINT thru-out! New furnace in 2022! Central air! The lower level was utilized as office space for a family tech business…it includes one bedroom, a full bath, plus TWO offices or craft rooms, plus a game/flex room that walks out to the flagstone patio! Well water! Private, fenced back yard for pets & play! Attached 2-car garage! Extra wide concrete driveway provides ample parking with a spot for your RV (reinforced for a heavier rig), plus a 50-amp power supply! Well-built storage shed! Enjoy views that will replenish your peace! NO COVENANTS or HOA! Close to shopping & easy access to I-25! Excellent Lewis-Palmer schools! Palmer Lake is a little mountain paradise with two reservoirs, the Lake, unlimited outdoor recreation & smalltown traditions that are second to none! Walk to yoga or ride your bike up the Santa Fe Trail to the Palmer Lake Rec Area where you will find fishing, kayaking, paddle boarding, ice skating, disc golf, pickle ball, volleyball, a playground, trails & more! Palmer Lake is where love lives™?…and you should live here too!

861 Circle Rd, Palmer Lake
$615,000
5 Beds ⋅ 3 Baths ⋅ 9856957 MLS
Nestled in a scenic mountain setting near Palmer Lake, this well-maintained home offers a warm, inviting layout with thoughtful updates and versatile living spaces. The main level features vaulted ceilings, abundant natural light, and a cozy living room anchored by a wood-burning stove and stone accent wall—creating a comfortable gathering space year-round. The kitchen provides generous cabinetry, an island for casual seating, and seamless access to the expansive deck, ideal for entertaining or enjoying the surrounding views. The primary suite offers a peaceful retreat with ample space and an updated en-suite bath. Additional bedrooms provide flexibility for guests, home office, or hobby space. The finished lower level expands the living area with a spacious family room, additional bedrooms, and a full bath—well suited for multi-generational living or extended stays. Outdoor living is a highlight with multiple deck and patio areas, mature surroundings, and a sense of privacy. Conveniently located near outdoor recreation, trails, and the charm of Palmer Lake, this home blends comfort, function, and mountain lifestyle living.

151 Star View Cir, Palmer Lake
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