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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:

$100,000
1.07
ACRES
EL PASO
COUNTY

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

Beautiful heavily treed acre at the top of Palmer Lake. Views out east for miles.
This is a tough hike to see and the trees will need to be cut from the roadway to develop.

$174,900
1.15
ACRES
EL PASO
COUNTY

Rock Ridge Road Palmer Lake, CO 80133
Land For Sale
- Active

If you're looking for the perfect place to build your dream home, with trees, privacy and mountains, this is it! Beautiful custom lot, backing to national forest, with Monument Creek, Palmer Lake Reservoir and hiking trails nearby. Nestled near Limba

$2,500,000
6
BED
4
TOTAL BATHS
8,396
SQFT

380 Glenway Street Palmer Lake, CO 80133
Single Family For Sale
- Active

Make your mark on the “Crown Jewel” of Palmer Lake, Estemere Estate! In foothills of quaint town of Palmer Lake, property spans >6 acres, but just minutes from coffee shops, art galleries & unique dining. This 1800s property has historic charm while

$89,000
0.1316
ACRES
EL PASO
COUNTY

35 Mystic Street Palmer Lake, CO 80133
Land For Sale
- Active

Build your dream home, vacation home or even a tiny home on this quiet cul-de-sac in the heart of Palmer Lake! Serenity lives near the creek! Gently sloped lot with gorgeous views of the Palmer Lake mountains including Ben Lomand and Mt. Chautauqua!

$89,000
0.1316
ACRES
EL PASO
COUNTY

33 Mystic Lane Palmer Lake, CO 80133
Land For Sale
- Active

Build your dream home, vacation home or even a tiny home on this quiet cul-de-sac in the heart of Palmer Lake! Serenity lives near the creek! Gently sloped lot with gorgeous views of the Palmer Lake mountains including Ben Lomand and Mt. Chautauqua!

Price Change - a week ago
$100,000
0.22
ACRES
EL PASO
COUNTY

South Valley Road Palmer Lake, CO 80133
Land For Sale
- Active

Make your dreams come true on this .22 acre building site in the heart of Palmer Lake! Flat & spacious premium lot w/mature & elegant lilacs lining the front! Experience the finest quality of life with “in town” living yet just steps to Nat'l. Forest

$139,000
0.2405
ACRES
EL PASO
COUNTY

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

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 close to many

$70,000
0.2755
ACRES
EL PASO
COUNTY

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

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 your dream home