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Property Description

Short-term rentals are allowed 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.

Overview

Open House
9/5/2026 9:00AM - 12:00PM MDT
Property Status
For Sale
Lot Size
2.21 Acres
MLS ID
8052021
Property Type
Residential
Year Built
2001

Features & Amenities

Total Area
4,459 Sq.Ft.
Architecture Styles
Mountain Contemporary
View Description
Mountain(s)
Stories
2
Garage Spaces
2.0
Water Source
Public
Roof
Shingle
Lot Features
Foothills, Landscaped, Many Trees, Rolling Slope
Parking
Asphalt, Exterior Access Door, Guest, Heated Garage, Oversized
Heat Type
Hot Water, Radiant
Air Conditioning
Attic Fan, Other
Laundry Room
Sink
Fireplace
Basement, Family Room, Gas, Living Room, Wood Burning
Appliances
Bar Fridge, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
Other Interior Features
Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Five Piece Bath, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Sound System, Walk-In Closet(s), Wet Bar
Sewer
Public Sewer
Security Features
Video Doorbell
Other Exterior Features
Gas Valve, Lighting, Private Yard, Rain Gutters
Elementary School
Palmer Lake
Middle School
Lewis-Palmer
High School
Palmer Ridge
School District
Lewis-Palmer 38
Sales Price
$1,675,000
Real Estate Tax
$5,049/yr

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400 Valley Crescent Street

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for your interest in 400 Valley Crescent Street, Palmer Lake, CO 80133

400 Valley Crescent Street
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