Palmer Lake Homes with Partial Basement

Palmer Lake Homes with Partial Basement

Welcome to Palmer Lake, Colorado – a hidden gem nestled in the heart of El Paso County. This picturesque town, known for its breathtaking natural beauty and tight-knit community, offers an idyllic lifestyle that perfectly balances tranquility with adventure. Surrounded by stunning mountain views and lush landscapes, Palmer Lake is a haven for outdoor enthusiasts, featuring numerous hiking trails, serene lakes, and abundant wildlife.

One of the standout features of homes in this charming town is the availability of properties with partial basements. These versatile spaces provide homeowners with extra room for storage, recreation, or even a cozy home office. Imagine transforming your partial basement into a personal retreat or a vibrant play area for the kids, all while enjoying the peace and serenity that Palmer Lake has to offer.

The real estate market in Palmer Lake boasts a variety of architectural styles, from rustic mountain cabins to modern family homes, catering to diverse tastes and lifestyles. With a strong sense of community and a commitment to preserving the natural environment, residents enjoy a unique blend of small-town charm and modern conveniences.

In Palmer Lake, you’ll find not just a home, but a lifestyle filled with outdoor adventures, community events, and a welcoming atmosphere. Whether you’re looking to settle down or invest in a vacation retreat, the homes with partial basements in Palmer Lake provide the perfect canvas for creating your dream living space. Discover the beauty and warmth of Palmer Lake today – your new home awaits!

Newest Palmer Lake Homes with Partial Basement

$1,675,000
5 Beds ⋅ 5 Baths ⋅ 8052021 MLS
Short-term rentals are allowed and owners will consider a lease purchase at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka’s designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area. The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail. Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way—an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.

400 Valley Crescent St, Palmer Lake

$1,595,000
3 Beds ⋅ 4 Baths ⋅ 7749321 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 Ave, Palmer Lake

$1,675,000
5 Beds ⋅ 5 Baths ⋅ 7983934 MLS
Short-term rentals are allowed and owners will consider a lease purchase at this 5-bedroom, 5-bath Palmer Lake property, offering a rare opportunity to own a distinctive Colorado retreat designed to accommodate groups. Inspired by Sarah Susanka’s designs and built by local craftsman Tom Day, the 4,459-square-foot home sits on 2.21 wooded acres with Monument Creek running through the property, combining thoughtful architecture with a floor plan exceptionally well suited for hosting. Handcrafted alder millwork, custom glass transoms, bamboo flooring and built-ins give the home character throughout. Multiple gathering and sleeping areas span three levels, including a private upper guest suite with its own staircase from the garage, bedroom, full bath and sitting area. The walk-out lower level adds another bedroom and full bath, large family room, wood-burning fireplace and wet bar. Bonus and flex spaces offer options for a game room, media room, gym or additional sleeping space. The main level brings everyone together with an open kitchen, dining and living area, oversized island, gas fireplace and deck access. Outside, private trails wind through the property to secluded sitting areas along Monument Creek and direct access to the Palmer Lake Reservoir Trail. Guests can walk to Palmer Lake for kayaking, paddleboarding, fishing and disc golf, Glen Park for tennis and pickleball, or cross the pedestrian bridge into town for restaurants and coffee. Six parking spaces, an oversized garage, covered porch, composite deck and walk-out patio make hosting even easier. Mountain views, radiant heat, tankless hot water, whole-house audio, central vacuum and hardwired internet add comfort and convenience. At night, step onto the back deck beneath the stars and Milky Way—an unforgettable part of the Palmer Lake experience. Enjoy it as a primary home, second home or income-producing short-term rental.

400 Valley Crescent St, Palmer Lake

$385,000
3 Beds ⋅ 3 Baths ⋅ 1285143 MLS
Embrace small mountain town living at Willow Creek—where low-maintenance living frees up your time and energy for the “good stuff!” Perfectly positioned in the heart of town, this turnkey townhome-style condo lets you spend less time on upkeep and more time enjoying everything that makes Palmer Lake so special! The kitchen features classic oak cabinetry, a pantry, breakfast bar, and all appliances! The dining area is filled with morning sunshine and showcases gorgeous views of Ben Lomand Mountain! A convenient powder room completes the main level! The inviting living room centers around a cozy gas fireplace, with west-facing windows framing Sundance Mtn. & Mt. Chautauqua, Colorado’s natural beauty. Recent updates include newer paint, carpet, luxury vinyl plank flooring, lighting, disposal, and a water heater (2022), plus a new furnace (2024). Upstairs, the primary suite offers vaulted ceilings and breathtaking views, along with a second bedroom and laundry closet with a new stackable washer and dryer. The finished basement features a third bedroom, private ¾ bath, and garage access—ideal for guests or roommates. Enjoy your private patio, a welcoming community with a playground, and new roofs in progress. Just one block to the lake, the Market, great restaurants, coffee, and the Palmer Lake Recreation Area—with year-round activities and events like the Palmer Lake Wine Festival, the 4th of July Fireworks and the .5K Donut Run! Close to the Santa Fe Trail, National Forest access for miles and miles of trails to explore! Palmer Lake isn’t just a great place to live —it’s a lifestyle! Smiling faces, 4 mountains, 2 reservoirs and a spring-fed lake (a rare occurrence on a mountain divide), and unlimited outdoor recreation like hiking, biking, paddle boarding, fishing, disc golf, pickleball, and so much more! This is where quality of life is abundant, and oh, so easy!

74 Vale Cir, Palmer Lake

Start Your Search


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.


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Espi Agency, L.L.C. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions