Palmer Lake Real Estate

One of three charming communities in the Tri-Lakes region, Palmer Lake is ideal for homebuyers in search of scenic, small-town living. Nestled between Colorado Springs and Denver, it’s also a nice option for commuters who want seamless access to the state’s major metropolitan centers.

With a stunning lakeside location next to the beautiful Pike National Forest, Palmer Lake provides residents with incredible access to the famous outdoor Colorado experience. It also plays host to a thriving small business community, an impressive arts scene and great shopping opportunities in the larger nearby communities of Monument and Colorado Springs. This informative guide provides insight into the community, along with a regularly updated list of Palmer Lake homes for sale right now.

A Long History

Located off I-25 near two metropolitan centers, Palmer Lake is one of the faster-growing communities on the Front Range of the Rocky Mountains. Although the community was founded by General William Jackson Palmer in 1871, the area’s earliest inhabitants were native-American tribes that date to the ancient Folsom period, 10,000 years ago. 

While the town offers newly built real estate and modern conveniences, it proudly celebrates its storied past. You can get a feel for the community’s fascinating history and heritage by visiting the Lucretia Vaile Museum which houses many articles, photos and artifacts of the historical Monument, Palmer Lake and Palmer Divide areas. 

What Makes Palmer Lake Unique?

While more and more of the local area is now being dedicated to new residential development, the entire Tri-Lakes region is best known for its beautiful watering holes—Monument Lake, Lake Woodmoor and, of course, Palmer Lake. The area also offers an extensive trail system that provides great hiking, biking and snowshoeing through a breathtaking natural landscape. 

Palmer Lake is directly adjacent to the legendary Santa Fe Regional Trail, which runs along the old Topeka, Atchison and Santa Fe Railroads through Monument to the southernmost boundary of the U.S. Air Force Academy.  

One of the longest continuous trails in all of El Paso County, this well-traveled graveled route offers diverse outdoor activities including hiking, biking and horseback riding. During the colder season, the area is also a popular hotspot for snowshoers and cross-country skiers.

Downtown Palmer Lake offers several distinctive shops and a historical museum run by the local Palmer Lake Historical Society. Here, you can find everything from homemade jewelry to rare antiques. The downtown area also offers popular eateries and cozy restaurants, which provide everything from fine dining to a traditional steak joint.

Living in Palmer Lake

With only around 2,000 residents, Palmer Lake provides a small-town feel near all the benefits of larger metropolitan areas. Just a short drive from Colorado Springs, the community offers calm, quiet living within minutes of the arts, sporting and entertainment attractions of a big city.

Located in the middle of the Pikes Peak Region, the community provides easy access to both Colorado Springs and Denver. This makes it an enticing choice for commuters with families who prefer a quiet, suburban lifestyle near major employment opportunities.

Palmer Lake is popular for its unique local appeal and its proximity near other communities in the Tri-Lakes. The communities in the Tri-Lakes area provide a modern school system that has received an A for overall quality. Palmer Lake residents enjoy high school curriculums geared toward preparing students for higher education at state colleges and major out-of-state universities.

Known for its friendly people, beautiful scenery and outdoor recreation, Palmer Lake is only a short drive from the United States Air Force Academy, where people gather during the fall to watch Mountain West NCAA football games at Falcon Stadium. Palmer Lake is also about an hour’s drive from Denver, where you can browse galleries and museums or treat the family to professional football, basketball, baseball and hockey.

Palmer Lake real estate tends to be more affordable compared to home prices in Denver and Colorado Springs. This is one of the major reasons so many commuters choose to live in the Tri-Lakes area.

If you’re interested in moving to Palmer Lake or need help selling your existing home, The Wheaton Team can help. For more than a decade, we’ve specialized in residential real estate in the Tri-Lake area and all of El Paso County, Colorado. Visit www.thewheatonteam.com to browse our listings of current Palmer Lake homes for sale or contact our friendly team directly at 719-536-4581. Our passionate real estate professionals are ready to help guide you through the home buying/selling process and provide in-depth information about local markets and the community. 

Homes for Sale:

$70,000
0.2755
ACRES
EL PASO
COUNTY

Meadow Lane Palmer Lake, CO 80133
Land For Sale
- Active

Public Remarks Welcome to picturesque Palmer Lake! Tranquil country setting close to town on a freshly paved, barely-traveled road! No covenants, HOA or restrictions regarding size minimums or exterior finishes...your land, your home style! Whether y

$225,000
0.59
ACRES
EL PASO
COUNTY

Spring Street Palmer Lake, CO 80133
Land For Sale
- Active

Public Remarks Vacant land .59 acre parcel with extreme exposure & frontage right in the heart of Palmer Lake! Zoned commercial-convenience (CC) with a ton of permitted uses! Principal permitted uses are: retail, restaurant, service establishment, me

$89,000
0.3715
ACRES
EL PASO
COUNTY

Fowler Branch Palmer Lake, CO 80133
Land For Sale
- Active

Public Remarks Picturesque setting in the great Glen Park neighborhood! Live in the middle of glorious towering pines! Build your Colorado dream home, a tiny home or an income-producing vacation rental! Palmer Lake is an up-and-coming destination loc

$1,500,000
4
BED
4
TOTAL BATHS
6,606
SQFT

593 Highway 105 Highway Palmer Lake, CO 80133
Single Family Home For Sale
- Active

Public Remarks This secluded paradise is the right setting for you to enjoy nature at its best. Have your own private gate and many trees on this healthy 8 acres. Santa Fe Trail from Palmer Lake to Colorado Springs for the bicycle enthusiast or enjoy

$139,000
0.2405
ACRES
EL PASO
COUNTY

Alameda Avenue Palmer Lake, CO 80133
Land For Sale
- Active

Public Remarks Unique leveled corner lot in a secluded part of Palmer Lake. Sweeping Front Range mountain views. Perfect to enjoy true mountain living while being conveniently located just minutes from shopping and dining. This ideal location is also

Price Change - 3 weeks ago
$849,000
4
BED
3
TOTAL BATHS
3,216
SQFT

122 Star View Circle Palmer Lake, CO 80133
Single Family Home For Sale
- Active

Public Remarks This custom walkout ranch style home is located in the highly coveted town of Palmer Lake. The area is replete with breathtaking 360 views, there is hiking right out the door, tri lakes access, and incredible topography with stunning r

$739,000
14.154
ACRES
EL PASO
COUNTY

Lake Avenue Palmer Lake, CO 80133
Land For Sale
- Active

Public Remarks 77 platted lots in one of the most scenic areas in Colorado - can potentially be developed or left alone. This area is currently just being used for hiking, mountain biking, and ATV riding for the lot owners. Gate and lock access only.

$399,995
3
BED
1
TOTAL BATHS
1,672
SQFT

251 Park Street Palmer Lake, CO 80133
Single Family Home For Sale
- Active

Public Remarks Beautiful Updated Ranch house on a near 8000sqft corner lot in the heart of Palmer Lake! Come see this charming 1950s home with 360 degree views: Mountains, Rock Formations, Palmer Lake, City/Valley views! *Refinished Original Hardwood