3554 Forest Lakes Dr, Monument, CO 80132

**Stunning Custom Walk-Out Ranch Home with Luxury Features and Panoramic Views** Discover unparalleled luxury in this custom-built walk-out ranch home situated on a rare 1.41-acre estate lot in Forest Lakes. With breathtaking views of the mountains, lake, and city, this 4-bedroom, 5-bathroom home perfectly blends transitional modern design with Craftsman-style exterior charm. Step inside to find high ceilings, hand-troweled walls, and an open-concept great room, kitchen, and dining area that is ideal for entertaining. The gourmet kitchen is a chef’s dream, featuring matching KitchenAid stainless steel appliances, quartz, marble, and granite countertops, a touch faucet, undermount lighting, and a prep sink. The spacious main level includes custom hardwood planking, a luxurious primary suite with heated flooring, a walk-in 3- headed shower, & custom finishes throughout. Designed for convenience and comfort, this home offers single-floor living with two laundry rooms—one on each level—and a large downstairs media/rec room complete with a wet bar and additional refrigerator. The outdoor spaces are just as impressive, featuring a courtyard with a modern fireplace, a built-in gas grill, and a deck with a firepit, hot tub, rear deck shades, and a hot tub umbrella, perfect for enjoying Colorado’s sunrises and sunsets. Additional luxury touches include: Epoxy flooring and hot/cold spigots in the finished garage, Cement tile roof, and heated flooring in the primary bath, Built-in storage, security cameras, and smart home features (Ring doorbell, SimpliSafe security), Exterior and interior speakers, LED lighting, Matching blinds and window treatments throughout. With over 4,300 square feet of thoughtfully designed living space, this home offers both elegance and functionality in one of the most coveted locations. Just minutes from parks, trails, and private lake, this estate is a rare opportunity to live in Colorado luxury. Don't miss your chance to make this dream home yours!

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

What is Roam?

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Last updated: Nov 21, 2024 12:27 pm

Listing agent: Jeanne Guischard (719) 440-2872

Listing provided courtesy of: Colorado Home Realty (720) 981-4109

Details provided by RECO and may not match the public record.
MLS ID: #4916873

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