1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
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Status: Active

7174 Cottonwood Tree Dr 
Colorado Springs, CO 80927

$740,000

------/mo*
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Experience luxury ranch-style living in this former Parade of Homes masterpiece, built by Classic Homes and nestled in the highly sought-after Banning Lewis Ranch community. The main level welcomes you with an open-concept design featuring hickory hardwood floors, custom maple cabinetry, granite countertops, a pantry, extended buffet/coffee bar, formal dining room, and built-ins. Soaring ceilings and abundant natural light create an inviting and spacious atmosphere. The primary suite is a serene retreat with a five-piece bath, travertine tile floors, dual vanities, a soaking tub, separate shower, and walk-in closet. Two additional bedrooms, a full bath, and a convenient main-level laundry complete this thoughtful layout. The finished lower level, accessible via a wide open staircase, offers 9-foot ceilings, a second fireplace, a junior suite, two additional bedrooms, another full bath, a wet bar/mini kitchen, and a theater-ready space—perfect for entertaining, hosting guests, or multigenerational living. Outdoor living is exceptional with stamped concrete patios front and back, plus a private gated courtyard with a fireplace—ideal for enjoying Colorado’s weather year-round. The exterior blends elegant stucco and stone with a durable clay tile roof. Additional features include solar panels, a Tesla charger, hot tub, split-rail fencing, pool table, and a finished three-car tandem garage with epoxy-coated floors. Residents of Banning Lewis Ranch enjoy premier community amenities, including parks, pools, pickle ball, tennis, fitness centers, walking and biking trails, and a dog park. The neighborhood hosts community events and food truck gatherings, creating a vibrant, social environment. Families benefit from award-winning schools, while residents experience a true sense of community living—all just minutes from shopping, dining, local services, and nearby military bases.
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Bedrooms
6
Baths
4
House Size
3,726 sqft
Year Built
2008
Lot Size
0.19 ac
School District
District 49

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Location

Market Insights

In the last 30 days, homes for sale in Banning Lewis Ranch, Colorado Springs, CO were on the market for a median of 76 days and 8.33% of homes sold above list price.

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Interior Information

basement
Full
cooling
Ceiling Fan(s)
Central Air
fireplace
Basement
Free Standing
Gas
See Remarks
heating
Active Solar
Natural Gas

Exterior Information

roof
Tile

Property Information

architectural style
Ranch
construction
Stone
Stucco
Frame
lot
Wooded
parking
Garage Door Opener
Attached
  • Listed By Gigi Stangle
  • gigi.stangle@gmail.com
  • Coldwell Banker Realty
  • (719) 550-2500
  • MLS 6383247

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$4,849 (-3.8%)$96,000$563,125$659,125 (0%)
2023$5,039 (+28%)$96,000$563,125$659,125 (+41%)
2022$3,937 (0%)$80,000$387,423$467,423 (0%)
2021$3,937 (-2.1%)$80,000$387,423$467,423 (+10.3%)
2020$4,020$71,000$352,688$423,688

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$4,503

30 year fixed·6.9% interest rate
Principal & Interest
$3,899
Property Taxes
$404
Home Insurance
$200
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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