Luxury Foreclosed Home in Peyton and Falcon

Luxury Foreclosure in Peyton NEAR Colorado Springs

I'm a little remiss in writing this, but last week I previewed luxury foreclosures in the Falcon and Peyton area. Found some great properties out there; most of them didn't look like they had ever been lived in. First of all, the majority of Falcon and Peyton makes me feel like I'm back in Kansas again (which is where I grew up). Most of the lots are flat, you can see forever to the east, but they do have great views of the Front Range and Pikes Peak. The properties I looked at ranged anywhere from $313,000 to $569,000. I had a couple of them that were my favorites; but the one I like the best was on Gilbert Drive in Falcon/Peyton. What an amazing property! I'm not sure it has ever been lived in; and according to the assessor's office it was finished in 2006. When you walk to the property it has a great courtyard, surrounded on 3 sides by a stucco walls and then you enter the house by a "giant" wood door; felt like I was a munchkin entering the castle.

The first thing you see when you enter is a wonderful fireplace in the living room; accented by the dark wood shelves on each side.

You can just imagine entertaining in the kitchen, and making dinner for a big crowd on the over sized stove; then serving everything in the adjacent dining room.

There is also a main floor office; that feels more like an library than an office. The built-in dark wood shelves were magnificent.

The only thing I didn't like about the entire house was the location; but I know a lot of people would love living on over 2.5 acres in the plains. Some of the other amenities in the house included amazingly well-done crown moldings and dark alder wood doors (at least I think they were dark alder wood).

Comparable luxury homes in Falcon/Peyton in Colorado Springs are listed in a pricing range of $440,000 to $619,000. And for 4 bedrooms, 5 baths, 2 fireplaces on 2.5 acres, with great views; it's definitely a diamond on the plains.

Previewing this property continued to reminded me once again the perception that foreclosures are only in low-end homes is completely wrong. Hopefully a new family will find this diamond in the plains!

In the $ 300,000 and higher foreclosure price range, there are 4 other homes on the market in the area that are bank-owned properties; and one in this same price range is listed as a short sale.

The original article was posted at: A Diamond on the Plains, another luxury foreclosure in Colorado Springs