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Making Life Better

New Home Communities Across Colorado

Communities

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Beautiful neighborhoods across Colorado, designed for the way you live.

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Bradley Heights
Payments from $2,858/moYear 1 estimated payment

Bradley Heights

Colorado Springs, CO

Homes from $439,900
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Haven Valley
Payments from $2,139/moYear 1 estimated payment

Haven Valley

Colorado Springs, CO

Homes from $335,900
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Overlook at Spring Creek
Payments from $2,122/moYear 1 estimated payment

Overlook at Spring Creek

Colorado Springs, CO

Homes from $334,900
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Military + Heroes

Over 1,000 Colorado Homeowners Helped.

We’ve helped military members and community heroes take advantage of their homebuyer benefits. See what may be available to you.

Your next move

Find a home to make your own.

Explore a selection of available homes, then take a closer look at the spaces, details and locations that fit your life.

Take a look inside

Find a space you love.

A kitchen to gather in. A bedroom to unwind in. Explore the spaces inside homes available now.

Built by Challenger Homes

Making Life Better for more than 25 years.

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25+Years
10,000+Homes Built
25+Communities

90% of homeowners would recommend Challenger Homes.

That trust is what keeps us focused on building homes worthy of life’s most meaningful moments.

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Best of the Springs WinnerRecognized in Colorado Springs

Our mission goes beyond building homes.

We’re committed to Making Life Better for our homeowners and the communities we serve.

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Making Life Better Foundation

Proud sponsor of the Making Life Better Foundation

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Financing your new home

Year 1 estimated payments
starting as low as

$2,122/mo

Year 1 estimated payment for an eligible VA buyer with 0% down on a 3-2-1 Buydown (6.5% fixed note rate; payments increase in years 2–4). Includes estimated taxes, insurance and HOA/metro charges.
View this home & payment details

Payment assumptions & details

Payment example for 2152 Outfitters Grove

Loan assumptions
Home sales price$334,900.00
Modeled adjusted contract price$376,181.58
Loan amount$384,269.48
Loan term30 years
Down payment0% ($0.00)
Fixed note rate (not APR)6.5%
Loan programVA 3-2-1 Buydown — eligible buyer with full entitlement
Total 3-2-1 buydown cost8.661% ($33,281.58)
VA funding fee2.15% ($8,087.90) — financed
Assumed closing costs$8,000.00 — modeled seller credit
Monthly payment breakdown
Year 1 principal & interest paid by buyer$1,725.54
Estimated property taxes$125.96
Homeowners insurance$180.00
Mortgage insurance$0.00
HOA / metro charges$90.00
Year 1 estimated monthly total$2,121.51
3-2-1 payment schedule
PeriodPayment based onEstimated monthly payment
Year 13.5%$2,121.51
Year 24.5%$2,343.00
Year 35.5%$2,577.80
Year 4 onward6.5%$2,824.81

Fixed note rate: 6.5%. A builder-funded 3-2-1 buydown reduces the buyer’s principal and interest payments during years 1–3. Payments increase each year through year 4. Tax, insurance and community-fee estimates are held constant in this illustration; actual amounts can change.

The advertised amount is the Year 1 estimated payment. A builder-funded 3-2-1 buydown reduces the buyer’s principal and interest payments during the first three years; the underlying note rate remains fixed. Payments are based on a rate 3 percentage points below the note rate in Year 1, 2 points below in Year 2, and 1 point below in Year 3. Full note-rate payments begin in Year 4. Taxes, insurance and HOA/metro charges are estimates and may change. Interest rate is not APR. Financing costs are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support. Contact the lender for a complete Loan Estimate.

Explore your financing options

5/1 ARM3.875%Initial interest rate
FIXED RATE4.99%Fixed interest rate
3-2-1 Buydown
3.5%Year 1 rateFeatured payment option
Year 24.5%
Year 35.5%
Year 4 onward6.5%

Rates shown are for VA financing. Interest rates, not APR. Subject to eligibility, availability and lender approval. See individual homes for payment details.

View Homes & Payments

A bright Challenger living room with coordinated finishes

Challenger Signature

The details make it yours.

Find the colors, textures and finishes that feel like you. Explore our coordinated design collections and imagine how your home can come together.

Your home. Our continued support.

Support that continues
after move-in.

Your Challenger home comes with warranty coverage and a team to help when you need service. Learn what’s covered and how to request support.

1Year

Workmanship coverage

2Years

Mechanical & electrical systems coverage

10Years

Qualifying structural defects coverage

Coverage is subject to warranty terms, conditions and exclusions.

Let’s find your place.

Have a question? We’re here to help you take the next step.

How we estimate your payment

Principal & interest + estimated property taxes + homeowners insurance + applicable HOA/metro charges.

Our advertised estimated lowest payments use a 30-year VA loan example for an eligible buyer with full entitlement and 0% down. The featured payment option is 3-2-1 Buydown. Advertised amounts are year-one estimates; payments increase in years 2, 3 and 4. The note rate is fixed at 6.5%. Home price, estimated taxes, and HOA/metro charges vary by property and community. Open the asterisk beside a payment for that home’s figures and assumptions.

More about the calculation

Principal and interest are calculated from the modeled loan amount, selected payment rate, and loan term. The model uses 8.661% combined 3-2-1 buydown cost and an assumed 2.15% VA funding fee financed into the loan. It includes a $8,000.00 closing-cost allowance, modeled through a higher contract price and seller credit. Points and any temporary buydown funding are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support.

Property taxes use the community mill levy and an approximate assessed-value calculation; they are estimates, not an actual tax bill. Homeowners insurance is estimated at $180.00 per month. Applicable community HOA/metro charges are included. Upfront tax and insurance escrow deposits are excluded. A zero down payment does not guarantee zero cash due at closing.

3-2-1 Buydown payment assumption notes

The advertised amount is the Year 1 estimated payment. A builder-funded 3-2-1 buydown reduces the buyer's principal and interest payments during the first three years; the underlying note rate remains fixed. Payments are based on a rate 3 percentage points below the note rate in Year 1, 2 points below in Year 2, and 1 point below in Year 3. Full note-rate payments begin in Year 4. Taxes, insurance and HOA/metro charges are estimates and may change. Interest rate is not APR. Financing costs are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support. Contact the lender for a complete Loan Estimate.

Promotion terms & lender information