842 Tree Bark Ter Monument, CO 80132
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About this home
Welcome to one of the most coveted lots in the prestigious Sanctuary Pointe community—where luxury meets nature in breathtaking harmony. Perched above open space and scenic trails with unobstructed views of Pikes Peak, this expanded Classic Paradise model is a masterclass in refined Colorado living! Versatile layout with the master on the main floor and Junior suite in basement, ideal for guests or multi-generational living! Hand-troweled walls, tall baseboards, and chic black-accented finishes throughout. Custom glass slider doors in dining/study for flexible use. Modern railing, designer light fixtures, and gorgeous contemporary fireplace! The fantastic kitchen features cherry cabinetry, quartz countertops, pantry and KitchenAid appliances! Serene Master retreat with views of Pikes Peak and soothing waterfall sounds from neighboring water feature and walkout to large composite deck! Laundry room conveniently located on main! TV hookups in all bedrooms and walk-in closets for optimal organization. Basement features 9-foot ceilings and walk-out access to covered patio with hot tub! Wet bar with full-size fridge, dishwasher space, and custom barn door shelving. Custom carpet, organized closet space, and radon mitigation system. Custom landscaping with split rail fencing, extended patio and fire pit! Trail system directly across the street and regular snow plowing for convenience Located along the AFA flight path—enjoy thrilling Thunderbird flyovers! Vibrant neighborhood with food trucks, soccer games, hiking, clubs, and seasonal picnics. Close proximity to Fox Run trails and natural beauty This home is a rare blend of style, serenity, and sophistication—offering privacy, versatility, and modern luxury in one of Colorado’s most desirable enclaves. Whether you're hosting under the stars or enjoying quiet mornings with mountain views, this Sanctuary Pointe gem is truly a dream come true and waiting for you!
Source: PPMLS #7801766
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.