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5540 Parapet Ct
Single Family
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$1,790,000

$253/sqft

5540 Parapet Ct, Colorado Springs

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6 bd·6 ba·7,068 sqft
Built 199134,412 sqft lotVista Grande

5540 Parapet Ct, Colorado Springs, CO

6 bd · 6 ba · 7,068 sqft Single Family listed at $1,790,000, built in 1991 in the Vista Grande neighborhood.

About this home

Welcome to your own custom-built private sanctuary, perfectly situated on a large, private lot offering exceptional luxury, privacy, and breathtaking city and mountain views. This completely professionally remodeled and updated home is a rare opportunity for elegant living with incredible multi-generational potential. Professionally landscaped front, back, and side yards create a stunning outdoor setting, complete with new front decking, a fenced area, a spacious 20x12 second patio, and an oversized attached three-car garage. The backyard features a private staircase with direct access to the Sunset Mesa trails, allowing you to enjoy gorgeous panoramic views of Colorado Springs and the surrounding mountains right from your own property. Inside, a grand foyer welcomes you into a thoughtfully designed floor plan featuring a spacious home office suitable for two. The gourmet kitchen is truly a chef's dream, showcasing custom cabinetry, quartz countertops, a built-in double refrigerator, an eight-burner gas stove, a large center island, and a wine refrigerator. The adjacent dining area features a beautiful bay window overlooking the backyard and offers seamless access to outdoor entertaining with two walkouts-one leading to a covered seating area and the other to the garage entry. The main-level mudroom includes one of two laundry areas, custom tile flooring, and a convenient half bath. The formal living room is warm and inviting with a cozy gas fireplace and two additional walkouts for effortless indoor-outdoor living. The luxurious primary suite offers a private sitting area with one of six fireplaces, a large walk-in closet, a spa-inspired shower, and private outdoor access. Two additional bedrooms and a full bath complete the main level. Upstairs, a bright and versatile flex space offers abundant natural light, generous storage, and a gas fireplace, along with a private bedroom and adjoining 3/4 bath-perfect for guests or extended family. The basement is ideal for multi-generational living, featuring its own private entrance, full kitchen, laundry room, seating area, inviting fireplace, and a tranquil five-piece bath. Additional living space, another full bath, and an additional bedroom provide even more flexibility. Behind a concealed bookcase door, discover a private theater room, or relax and rejuvenate in your own infrared sauna. With two kitchens, two laundry areas, six fireplaces (three gas and three electric), abundant living space, and unmatched privacy throughout, this home offers a truly exceptional lifestyle. Conveniently located near Norwood Recreation Center, residents enjoy access to amenities including a pool, tennis courts, and outdoor grilling areas. This extraordinary property is the perfect multi-family home and a must-see opportunity.

Property details

Price
$1,790,000
Bedrooms
6
Bathrooms
6
Interior
7,068 sqft
Price / sqft
$253
Year built
1991
Lot size
34,412 sqft
Type
Single Family
Days on market
68
Est. property tax
$9,129/yr · $761/mo · 0.51% CO avg
HOA
$3/mo
Last sold
$920,000 · Jul 2021
Virtual tour

Estimated monthly payment

Down payment20% ($358,000)
Interest rate6.75%
Principal & Interest$9,288
Property Tax$1,641
Insurance$150
Total$11,079/mo

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Price history

$2.03M$951K$-128K$52K on Apr 90 (Sold)$589K on Jun 05 (Sold)$950K on Jul 20 (Initial list)$950K on Jul 20 (Initial list)$950K on Sep 20 (Initial list)$950K on May 21 (Initial list)$920K on Jul 21 (Sold)$920K on Jul 21 (Sold)$1.85M on Feb 26 (Initial list)$1.85M on Feb 26 (Initial list)$1.79M on Mar 26 (Price change)$1.79M on Mar 26 (Price change)
$52K · Apr 90$1.79M · Mar 26
  1. Mar 23, 2026$1,790,000Price change
  2. Mar 23, 2026$1,790,000Price change
  3. Feb 17, 2026$1,850,000Initial list price
  4. Feb 16, 2026$1,850,000Initial list price
  5. Jul 19, 2021$920,000Sold
  6. Jul 16, 2021$920,000Sold
  7. May 14, 2021$950,000Initial list price
  8. Sep 18, 2020$950,000Initial list price
  9. Jul 7, 2020$950,000Initial list price
  10. Jul 7, 2020$950,000Initial list price
  11. Jun 3, 2005$589,000Sold
  12. Apr 26, 1990$52,000Sold

Location

This home is located in Colorado Springs, CO. Browse more Colorado Springs listings on the Colorado Springs market page or explore the full Colorado Springs market report.

About Colorado Springs: Colorado Springs is a home rule city that is the county seat of, and the most populous city in, El Paso County, Colorado, United States. The city had a population of 478,961 at the 2020 census, a 15.02% increase since 2010. Colorado Springs is the second-most populous city and most extensive city by area in the state of Colorado, and the 40th-most-populous city in the United States. It is the principal city of the Colorado Springs metropolitan area, which had 755,105 residents in 2020, and the second-most prominent city of the Front Range Urban Corridor. It is located in east-central Colorado on Fountain Creek, 70 miles (113 km) south of Denver. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 239 dry days per year and 21.8 inches of annual rainfall.

Location

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