Rendering highlighting the center of an attached-home building

Explore the Elbrus: A Spacious Colorado Springs Townhome

If you’re looking for new townhomes in Colorado Springs, consider The Elbrus. Located at two of our Colorado Springs communities—The Townes at Woodmen Heights and The Townes at Cumbre Vista—this floorplan is great for small and growing families who are looking for lots of space.

 

The Home

This 2,305 square-foot, 3-story floor plan provides ample room for your Colorado lifestyle! For example, the first floor has an attached 2-car garage and generous flex space. The main floor also boasts a spacious family room and a large kitchen with a kitchen island. In addition, a dining room and covered deck are perfect for entertaining your friends, family, and neighbors. The master suite on the third floor is a wonderful escape, featuring a walk-in closet and well-appointed master bath. Finally, two large bedrooms and a laundry room are also perfectly positioned to make life as comfortable and easy as possible.

 

new townhomes in colorado springs

The Communities

You’ll find The Elbrus and other new townhomes in Colorado Springs at these exciting communities: The Townes at Woodmen Heights and The Townes at Cumbre Vista.

Woodmen Heights is conveniently located, complete with fantastic views and easy access to shopping, restaurants, and military bases. In addition, it’s a low-maintenance community that takes care of landscaping and snow removal, giving you more time to enjoy the activities you love.

The Townes at Cumbre Vista is located in award-winning School District 20. Furthermore, it offers a low-maintenance lifestyle with views of the front range and many included features. Enjoy a relaxed lifestyle or indulge in modern conveniences in one of the fastest-growing areas in Colorado Springs.

 

Parents smiling together while carrying a baby outdoors

Discover new townhomes in Colorado Springs

The Elbrus is just one of many thoughtful townhomes we’re building in Colorado Springs. If you’d like to learn more about this floor plan or any other, please contact us today!

 

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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