RateMyAgentGo to search
Back 521 Observatory Drive
Off Market

521 Observatory Drive

Colorado Springs CO 80904

2
2
2
1212 sq. ft.
0.03 ac.
Condo
Last sold for $270,000
Frank GriffinFrank Griffin, last sold this property on 01 July 2025 after 154 days on market.

Overview

**Charming Two-Bedroom, Two-Full-Bathroom Condo in Promontory Point** Discover this beautifully situated west-side condo featuring stunning Pikes Peak views. With elegant wood floors and an abundance of natural light, this home boasts vaulted ceilings that elevate the living experience. The open layout includes a spacious kitchen, dining, and living room area, complete with a cozy wood-burning fireplace and access to a private balcony-perfect for enjoying those breathtaking views. The main floor hosts a generously sized bedroom with a walk-in closet and an attached bathroom, thoughtfully designed to allow guest access while maintaining privacy. Upstairs, you'll find a loft-style bedroom and bathroom, offering a unique and inviting space. The property includes a two-car tandem garage with an interior entry, ensuring convenience and security while helping to keep utility bills low. Additional storage space is also available. New furnace was installed in 2014. Enjoy the convenience of being within walking distance to Old Colorado City and mere minutes from I-25, Colorado College, and downtown Colorado Springs. The HOA takes care of the beautifully manicured landscape, providing plenty of green space to enjoy, giving you the feel of your own yard.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1212 sq. ft. floor area
0.03 ac. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Colorado Springs over the last 12 months, the estimated median property value of 521 Observatory Drive is $300k.

Median value
$300k
Estimated value range
$204k - $405k
Median days on market
87
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colorado Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 521 Observatory Drive

2025
Sold
$270,000
01 Jul 2025 by Frank Griffin, of Flat Rate Realty Group LLC

Happy sellers in Colorado Springs

94%
94% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Colorado Springs over the last 12 months.

Local market activity for 2 bedroom condos in Colorado Springs

In the last 12 months, 26 two-bedroom condos similar to 521 Observatory Drive, have been sold.

This represents a 15% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Colorado Springs

placeholder
Mercie Curbow-Presley

Sellers who recommend Mercie Curbow-Presley have praised them for being clear communication, local expert, supportive, responsive, well-prepared, reliable, and great team

  •   5   (117 reviews)
  •  3 Reviews in Colorado Springs
  •  4 Sales in Colorado Springs
View profile
placeholder
Sheena Crompton

Sellers who recommend Sheena Crompton have praised them for being local expert, clear communication, reliable, attentive, dedicated, proactive, and patient

  •   5   (41 reviews)
  •  3 Reviews in Colorado Springs
  •  1 Sale in Colorado Springs
View profile
placeholder
Douglas Karges

Douglas Karges is a recommended agent for Colorado Springs.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (5 reviews)
  •  1 Review in Colorado Springs
  •  1 Sale in Colorado Springs
View profile
placeholder
Pete Lobo

Pete Lobo is a recommended agent for Colorado Springs.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Colorado Springs
  •  1 Sale in Colorado Springs
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap