Discover Home Place Ranch in Monument

Challenger Homes is excited to announce our newest community, Home Place Ranch! Now selling by appointment, Home Place Ranch is home for residents seeking the authentic beauty of Colorado.

Learn About Home Place Ranch

Home Place Ranch is located on the east side of I-25 off of Glen Eagle Drive and will feature a wide variety of detached single-family homes. The 440-acre subdivision will consist of multiple phases, with Phase 1 including 130 acres, 300 single-family lots.

Future community residents will have their choice between three new and distinctive home collections: the Villas Collection, the Serenity Collection and the Regal Collection. The Villas and Serenity homes offer up to four bedrooms and three bathrooms, while the Regal Collection offers a maximum of five bedrooms and three and a half bedrooms. Homeowners will appreciate the many basement finish options available.

Home Place Ranch will feature a host of amenities that families are sure to love! The community will include abundant open spaces and natural walking trails that connect the entire community to a habitat preservation area. In addition to these lovely amenities, the community will feature several parks, a recreation center and breathtaking views of Colorado’s celebrated Pike’s Peak, the Air Force Academy and the Town of Monument.

With plentiful home options and amenities, both the community and its scenery make Home Place Ranch a coveted area to live in and work near.

What’s Near Home Place Ranch

Purchasing a home within the Home Place Ranch community places you front and center to all of life’s necessities. Located in the foothills of Monument, this community is minutes away from schools, shopping centers, churches and restaurants.

Future Home Place Ranch families will be thrilled to know that the community is part of the Lewis-Palmer School District 38. The school district offers students a second to none education, providing innovative and relevant courses for all of its grade levels. District 38 schools range from K5 to high school.

Consider Making Home Place Ranch Your New Home

There are so many things to love about Colorado Springs, especially the wonderful communities that Challenger Homes provides. We encourage you to consider our beautiful Home Place Ranch community as your next home! To learn more about this community, request more information and even schedule a tour of one of our model homes! We are very excited for you to be a part of this beautiful and exciting new community!

Explore Our Homes

Open House: Fri 3:00–5:00pm (11/13)

$419,000

3 bds 2½ ba 1,840 sqft From $2,607/mo*

4912 Havenward View, Colorado Springs, CO 80911

Open House: Fri 2:00–5:00pm (11/13)

$449,900

3 bds 2½ ba 1,840 sqft From $2,913/mo*

8515 Blue Feather Loop, Colorado Springs, CO 80908

$349,900

2 bds 2½ ba 1,493 sqft From $2,202/mo*

1843 Wildland Heights, Colorado Springs, CO 80910

$399,625

3 bds 2½ ba 1,752 sqft From $2,710/mo*

789 N Carrie St, Watkins, CO 80137

$429,900

3 bds 2½ ba 1,884 sqft From $2,906/mo*

8262 Lemon Grass Road, Peyton, CO 80831

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.

*Advertised payments are estimates based on promotional financing for qualified buyers on select homes. Not all buyers will qualify. Actual payments vary based on the home, loan program, down payment, credit qualifications, taxes, insurance, and applicable HOA or metro district charges. Financing incentives require use of the designated lender. Buyers may choose any lender. Offers are subject to availability, lender approval, and change. This is not a commitment to lend.