Monument, CO 80132|Summerton Plan

$725,000$744,900

*Incentives have been applied to reduce the purchase price.

4Beds
3Baths
3,042Sq. Ft.
2Car Garage
$4,766/mo.Year 1 estimated paymentPayment based on3.5%3-2-1 Buydown

About this home

Welcome to The Summerton—Where Style Meets Pure Lifestyle! Prepare to fall head over heels for The Summerton, a brilliantly designed ranch-style masterpiece where every single square foot is built for comfort, connection, and effortless living! From the moment you pull up, this home radiates curb appeal, inviting you inside to experience a fresh take on modern elegance. An expansive, sun-drenched open-concept layout seamlessly connects the Great Room, kitchen, and dining nook, making it the ultimate venue for hosting epic game nights, weekend brunches, or just hanging out. The chef-Ready Kitchen includes leek countertops, ample prep space, and a smart layout mean whipping up culinary masterpieces (or just ordering takeout in style) is an absolute breeze. Retreat to a gorgeous primary suite designed for ultimate relaxation—complete with a spa-inspired bath and a massive walk-in closet. Step right out from the main living area onto your covered outdoor space to sip your morning coffee or unwind under the evening stars. Enjoy the ease and convenience of single-story living without sacrificing a drop of luxury or storage. Plus, enjoy the bonus flexibility of a fully finished basement ready for your personal touch. Spend your weekends actually enjoying life! This home includes professional landscaping, hassle-free lawn maintenance, and dependable snow removal on both the driveway and sidewalk, giving you back your precious time. Whether you’re looking to entertain in style or kick back and relax in absolute comfort, The Summerton isn’t just a house—it’s your next great adventure.

Explore your financing options

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.

Payment assumptions & details

Payment example for 16257 Limbaugh Canyon Loop

Loan assumptions
Home sales price$725,000.00
Modeled adjusted contract price$804,144.35
Loan amount$821,433.46
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% ($71,144.35)
VA funding fee2.15% ($17,289.10) — financed
Assumed closing costs$8,000.00 — modeled seller credit
Monthly payment breakdown
Year 1 principal & interest paid by buyer$3,688.60
Estimated property taxes$717.68
Homeowners insurance$180.00
Mortgage insurance$0.00
HOA / metro charges$180.00
Year 1 estimated monthly total$4,766.28
3-2-1 payment schedule
PeriodPayment based onEstimated monthly payment
Year 13.5%$4,766.28
Year 24.5%$5,239.76
Year 35.5%$5,741.69
Year 4 onward6.5%$6,269.70

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.

About this home

Space to live, gather and grow.

This four-bedroom home offers 3,042 square feet of space to live, gather and grow. Enjoy space for shared meals, time together and a place to unwind.

living room with built-in linear fireplace, pendant chandelier, sliding glass door to covered patio and windows showing terraced yard

Open Living

Cozy gathering spot where family and friends flow out to the patio.

kitchen with center island, pendant lights, white shaker cabinets, subway tile backsplash and stainless microwave

Kitchen

From morning coffee to meals with friends, gather around the island.

bedroom with three windows and neutral walls, ceiling light fixture, and carpeted floor

Primary Suite

Your own retreat to unwind at the end of the day.

Step inside the Summerton plan

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3D tour shows the Summerton floor plan. Elevation, options and finishes may differ from this home.

Floor Plans

See how 3,042 sq. ft. lives.

Explore the The Summerton floor plan and available layout variations.

Download the Floor Plans

Floor plans are representative. Actual home configuration may vary.

Home Place Ranch
The Neighborhood

Life at Home Place Ranch

Home Place Ranch is located in the foothills of Monument. The community is on the east side of I-25 off of Glen Eagle Drive.

  • Natural Walking Trails
  • Panoramic Front Range Vistas
  • Near I-25
Lewis-Palmer School District 38
  • Bear Creek Elementary
  • Lewis Palmer Middle School
  • Lewis Palmer High School
Explore Home Place Ranch
Built by Challenger Homes

Making Life Better for more than 25 years.

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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
Ready to see it?

Come see 16257 Limbaugh Canyon Loop.

Tours are available six days a week. Choose a day that works for you, then select an available appointment time.

Sunday closed•Questions? (719) 373-6607
Have a question?

Talk with Amy Sundquist about this home.

Have a question about 16257 Limbaugh Canyon Loop, financing, availability or the community? We can help.

Amy Sundquist
Amy SundquistChallenger Homes

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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