584 Pikes Peak Dr Florissant, CO 80816
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About this home
Welcome to 584 Pikes Peak Dr, Florissant, CO. This fully remodeled mountain home offers waking up to mountain views out the primary bedroom that is what dreams are made of. With broad windows all around the home, you'll be able to enjoy the natural lighting and views of the mountains or forestry, anywhere you go. This home offers total privacy as it is situated on 30 acres of fully fenced, usable land that is not governed by an HOA! You can have horses (the pavilion on the property can be made into stables & has electricity hooked up), you can hike, hunt, ride a dirt bike, even camp with the RV site all on your own private property. You can make any of your mountain living dreams come true in this 5,000+ sqft, 5 bed, 4 bathroom home, where you are less than 90 min away from famous ski resorts, making it perfect for families or for owners looking for a luxurious vacation home. This once-in-a-lifetime property is move-in ready, and you'll notice there are several areas to entertain; the expansive front deck and the huge patio. Entering through the french doors, you’ll be welcomed by an open floorplan that features main level living and is completed with luxury high-end finishes. The show-stopping kitchen will make entertaining dreams come true with double islands, double ovens, custom top-of-the-line cabinetry and custom-cut countertops, a large walk-in pantry, & a walk out onto the 1500 sqft expansive patio space. You’ll enjoy the 5-piece executive primary suite that includes mountains views that people travel for and private access to your deck ready for a hot tub. As you enter the lower level, the possibilities are endless! Use the space as a family area or separate living quarters with the kitchenette, and walk-out access to a private patio. The welcoming loft area of the home has two bedrooms that are complete with walk-in closets and views of the mountains you’ll never get tired of. Photos don't compare, this is a Colorado dream come true and a must see!
Source: PPMLS #8656328
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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.