Challenger Homes and the 2025 Best of the Springs

Our History:

Founded in Colorado Springs, we’ve grown from building a single home to becoming one of the area’s most trusted builders. Our success is rooted in strong core values and an unwavering commitment to our homebuyers, associates, trade partners, and the community.

Giving Back:

At Challenger Homes, we believe in giving back to the community that has supported us for over two decades. Contributing to the well-being of Colorado Springs is part of our mission to make life better for everyone.

Our efforts include partnerships with organizations like Pikes Peak Habitat for Humanity, where our team has assisted with projects that provide quality housing for families in need. Through donation drives, such as those benefiting Tri-Lakes Cares, we’ve worked to support local families with food, financial assistance, and other critical resources.

During the holiday season, we’re proud to participate in programs like the Salvation Army’s Project Angel Tree, helping provide gifts for children and spreading holiday cheer. Additionally, we’ve supported military families through various initiatives, recognizing the importance of the local military community to Colorado Springs.

Challenger Homes also sponsors local events and sports teams, fostering connections and creating lasting memories for residents of all ages. Whether it’s planting trees in parks, organizing neighborhood cleanups, or donating to local schools, we’re committed to making our hometown a better place for everyone.

Our Commitment:

Making Life Better extends beyond building homes. It’s about enriching lives and fostering a sense of community. We’re honored to be part of Colorado Springs and are dedicated to its continued growth and prosperity.

As we celebrate our nominations in the 2025 Best of the Springs Awards, we invite you to learn more about our story and our communities.

How to Cast Your Vote

We’re honored to be nominated in four categories for the 2025 Best of the Springs Awards, and your support means everything to us! Voting is easy and open from November 30th to January 13th.

Simply visit the Best of the Springs voting page to cast your vote for Challenger Homes in these categories:

Best Home Builder
Best Home Developer
Best Production Home Builder
Best New Home Community — Home Place Ranch, Enclaves at Mountain Vista, & Ventana South

Every vote helps highlight our dedication to Colorado Springs and the communities we serve. Thank you for your support! Let’s make life better, together.

Explore Our Homes

Open: Fri 2:00–4:00pm (11/6)

$419,000

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

4912 Havenward View, Colorado Springs, CO 80911

$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

$434,990

3 bds 2½ ba 1,690 sqft From $2,825/mo*

8538 Blue Feather Loop, Colorado Springs, CO 80908

$435,400

3 bds 2 ba 1,264 sqft From $2,930/mo*

786 N Carrie Ct, Watkins, CO 80137

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.