1792 Portland Gold Dr Colorado Springs, CO 80905
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About this home
*** Welcome to this spacious ranch-style home on a desirable corner lot, complete with a covered front porch overlooking a large green space in the sought-after Gold Hill Mesa neighborhood. Perfectly positioned near Old Colorado City, Garden of the Gods, Manitou Springs, and the Colorado Springs west side, this location blends city convenience with mountain charm. From the covered inset side deck, enjoy stunning Pikes Peak views. Quick access to quaint downtown shops, event centers, and military installations creates a connected lifestyle. Outdoor enthusiasts will love being minutes from world-class hiking and biking trails, with one of the city’s largest dog parks within walking distance. Low-cost HOA fees include landscaping, giving you more time to enjoy community events or simply relax. *** Peace of mind comes with a brand-new CAT4 roof and freshly painted exterior in October 2025! *** Inside, an open-concept floor plan features a living room flowing into the dining area and chef’s kitchen. The kitchen offers espresso 42” cabinets with crown molding, granite slab counters and backsplash, a generous island, and ample storage. Hardwood floors and plantation shutters add timeless style. *** With 4 bedrooms and 3 bathrooms, the primary suite is a retreat with two walk-in closets and a spa-like five-piece en-suite, including double vanity, soaking tub, shower, and private toilet. The main level also includes a dedicated office with closet, a guest bedroom, and a Jack & Jill bathroom. *** The finished basement is designed for entertaining, with a family room, built-in speakers, and bar area. Two oversized bedrooms and another full bathroom provide extra space. Additional highlights: central A/C, extended 2-car garage, covered deck with Pikes Peak views (perfect for New Year’s fireworks), landscaped yard with water feature, single-owner history with no pets, and air ducts recently cleaned and sealed. Exterior stone accents add charm. Don’t miss this rare opportunity!
Source: PPMLS #9443922
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.