Under Contract
Price Drop - $81,035 off (9.8%)
588 Old Grotto Drive
MLS #: 2380181
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588 Old Grotto Drive, Monument

Single Family in 80132

List Price
Was $830,935
$749,900
Beds/Baths: 5/4
Garage: 4.0
Year Built: 2026
Days on Market: 118
Taxes: $5,816/yr
Insurance: $3,000/yr est.
Listed By: RE/MAX Professionals

Estimated Monthly Cost Breakdown*

Mortgage (7.4% / 30yr) Contact a Lender → $5,192.16
Property Taxes $484.67
Insurance Get Quote → $250.00
Total Est. Monthly* $5,926.82
Adjust Your Scenario
Rate defaults to the latest reported 30-year average. Taxes, insurance, and HOA are held fixed.
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Market Context - 80132 (Monument & Palmer Lake)

Avg Days on Market: 88 ▲ This listing: 118
Avg Close Price: $794,372
Avg CPOLP: 93.3%
Median CPOLP: 94.6%
Active Listings: 238
Closed (30 days): 34

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80132 over the last 30 days.

County Assessor Data

Assessor Market Value: $104,370 619% above
Last Sale Price: $10
Last Sale Date: Jan 14, 2026
Lot Size: 0.18 acres

Source: El Paso County Assessor. Parcel 7124317027. Assessor values may differ from market value.

Hail Risk - 80132

Moderate
Events (5 years): 11
Largest Stone: 2.0"
Avg Stone Size: 1.2"
Most Recent: May 24, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$764,900 ▼ -$10,000 / -1.3% Jul 13
$749,900 ▼ -$15,000 / -2.0% Aug 17

Recent Comparable Sales (30 Days)

240 Scrub Oak Way
4 bed / 3 bath · 53 DOM · Closed Oct 01
Listed: $775,000
$755,000
97.4% CPOLP
721 Forest View Road
4 bed / 3 bath · 220 DOM · Closed Oct 09
Listed: $860,000
$758,500
88.2% CPOLP
20247 Melanie Ann Court
5 bed / 3 bath · 35 DOM · Closed Sep 25
Listed: $829,900
$740,000
89.2% CPOLP
17546 Cerberus Court
5 bed / 4 bath · 62 DOM · Closed Oct 15
Listed: $799,999
$763,773
95.5% CPOLP
17271 Crimson Clover Drive
5 bed / 3 bath · 217 DOM · Closed Oct 02
Listed: $865,000
$725,341
83.9% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80132

Price Drop - $80,000 off
230 Wild Duck Lane
MLS #: 1351377 More Details →
230 Wild Duck Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/4
Garage: 3.0
List Price: $875,000 $795,000
DOM: 122
Taxes: $2,838/yr
Year Built: 1998
Listed By: Iconic Colorado Properties, LLC
List Price $795,000
Est. Monthly Cost* $5,990.92
1420 Symphony Heights
MLS #: 6312953 More Details →
1420 Symphony Heights, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 3.0
List Price: $749,900
DOM: 47
Taxes: $3,137/yr
Year Built: 2007
Listed By: Exp Realty LLC
List Price $749,900
Est. Monthly Cost* $5,703.59
458 Grand Summit Drive
MLS #: 7075028 More Details →
458 Grand Summit Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/2
Garage: 3.0
List Price: $749,900
DOM: 86
Taxes: $3,036/yr
Year Built: 2025
Listed By: Keller Williams Action Realty, LLC
List Price $749,900
Est. Monthly Cost* $5,695.18
16325 Cattle Creek Court
MLS #: 6299226 More Details →
16325 Cattle Creek Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $749,900
DOM: 45
Taxes: $2,000/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $749,900
Est. Monthly Cost* $5,608.82
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.4% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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