14155 Teleo Ct Peyton, CO 80831
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About this home
Welcome to this ranch-style retreat set on 35 acres atop a quiet cul-de-sac, just twelve minutes from Falcon. Step into a spacious main level that flows seamlessly with new flooring (2025). The living area is bright and inviting and the updated smart switches add a modern touch. The kitchen features a refrigerator, stove, and dishwasher, all updated in 2023, with plenty of workspace and storage. The primary suite and additional bedrooms are conveniently located on the main level. The bathrooms shine with thoughtful renovations—one updated in 2022 and another in 2024. Downstairs, you’ll find plush, high-end carpet (2022) and generous living areas ideal for entertainment or relaxation. A refreshed laundry room (2025), dual-zone heating with a new upstairs furnace, and central A/C for the main living spaces ensure year-round comfort. Dual hot water heaters, a whole-house fan, and a 50-amp generator inlet with lockout add peace of mind. Step outside to take in panoramic mountain views of Pikes Peak on the new concrete patio. The exterior boasts a new roof (2022), new storm doors (2024), dog doors opening to a fenced backyard, and a septic system installed in 2022. Thoughtfully designed outbuildings, including a fully concreted drive-through 35x60 shop, 12-foot chain-operated doors, separate power, water at both ends. Detached 3-car garage. Full electricity in both garages/shop. Additional sheds provide storage, including a renovated 12x20 building with a built-in chicken coop and a 10x10 for outdoor gear. Horse enthusiasts will appreciate the loafing shed with adjoining paddock, over 25 acres of fencing, and standpipes in the pastures. There are also three hydrants across the property, RV power and water hookups readily available, and a shooting range for recreation. With no HOA or covenants, this property offers unmatched freedom. All outbuildings feature durable metal roofing, and updated garage electrical (2023) ensures functionality for projects big and small.
Source: PPMLS #4201337
Neighborhood
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.