Small town living with big city opportunity
Monument is a smaller community that sits about 20 minutes North of Colorado Springs, and about 40 minutes from the Southern edge of Denver. Monument homes are around 10 minutes from the US Air Force Academy, making it a convenient location for work commuters in many areas.
You may also hear Monument called the Tri-lakes area, given the 3 nearby lakes: Monument Lake, Palmer Lake, and the Woodmoor neighborhood lake.
This little town packs a big punch of outdoor activities and amazing views of the Rampart Range and Pikes Peak. There are also plenty of restaurants and shops to keep you busy indoors as well. Downtown Monument has great charm and local shops for a weekend’s enjoyment.
Monument homes for sale come in a wide variety of shapes, sizes, and price points. Santa Fe Trails and parts of Jackson Creek and Woodmoor are popular affordable Monument neighborhoods, with sales prices averaging around $350k – $400k. On the higher end, Monument neighborhoods like Kings Deer and Walden Preserve offer larger homes with bigger lots, averaging around $700k – over $1m. The town of Palmer Lake has homes in the mid $200k’s – mid $600k’s.
Monument may be small, but it’s got just about everything you need for your Colorado lifestyle.
- Palmer Lake Elementary School
- Bear Creek Elementary School
- Prairie Wind Elementary School
- Lewis Palmer Elementary School
- Lewis Palmer Middle School
- Palmer Ridge High School
- Lewis Palmer High School
- Monument Academy (PreK-8th Grade) Charter School
Monument and Palmer Lake Parks and Trails
- Dirty Woman Park
- Waterfront Park (Forest Lake)
- Santa Fe Regional Trail
- Palmer Lake
- Country Club at Woodmoor
Real Estate Market Stats and Map
For the latest Monument real estate market information, see our monthly market reports.
Monument and Palmer Lake Real Estate Market Overview
About 60 homes sell each month in Monument and Palmer Lake. These homes range from just under $200k to $1.2m, with an average sales price of about $500k and take an about 45 days to sell.
Monument Neighborhood Boundaries
The Tri-Lakes area of Colorado includes both the cities of Monument and Palmer Lake. Palmer Lake (zip 80133) is located in the very NW corner of El Paso County, off Hwy 105. Monument (zip 80132) is located between Baptist Road (S) and County Line Road (N), west of Black Forest Road.