Experience the charm and history of Colorado Springs from the tallest building in the city - the iconic Satellite Hotel. This one-bedroom, one-bath condo-tel unit offers a unique blend of mid-century modern style and modern convenience. As part of the historic Satellite Hotel, originally opened in 1969 to serve travelers visiting Peterson Air Force Base, this property carries a rich legacy as one of the city's most recognizable landmarks. Residents enjoy access to all the hotel amenities, including a fitness center, swimming pool, on-site restaurant, lounge, salon, and retail shops-all without leaving the building. The open-concept living space features panoramic mountain and city views, creating an ideal setting for full-time living or investment. Because this is a condo-tel, financing is specialized, but ownership comes with the rare advantage of short-term rental eligibility-a perfect opportunity for those seeking Airbnb or vacation rental income. Whether you're drawn by its vintage architecture, investment potential, or Colorado Springs history, this property is your chance to own a piece of local heritage in a prime location near shopping, dining, and military bases.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: Main
- Primary Bedroom Features: Carpet,Walk-In Closet(s),Walk-out
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Level: Main
Appliances
- Dishwasher
- Gas in Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Carpet
- Dining Room Level: Main
- Kitchen Features: Ceramic Tile
- Kitchen Level: Main
Other Rooms
- Living Room Level: Main
- Living Room Features: Carpet
Land Info
- Mountain View
- Lot Size Acres: 0.0045
- Lot Size Square Feet: 196
Homeowners Association
- Association: Yes
- Association Amenities: Exercise Room, Green Areas, Landscaping, Pool, Recreation Room, Spa
- Association Fee: 693
- Association Fee Frequency: Monthly
- Association Fee Includes: Utilities, Covenant Enforcement, Heat, Insurance, Lawn, Maintenance Grounds, Exterior Maintenance, Management, Security, Sewer, Snow Removal, Trash, Water
- Calculated Total Monthly Association Fees: 693
School Information
- Elementary School: Monroe
- High School: Mitchell
- High School District: Colorado Springs 11
- Middle School: Jack Swigert Aerospace Academy
- School District: Colorado Springs 11
Multi-Unit Info
- Unit Features: Fourth Floor Or Above
Other Property Info
- Annual Tax Amount: 450
- Source Listing Status: Active
- County: El Paso
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: Satellite Condominiums
- Postal Code Plus 4: 4620
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 864
- Year Built: 1969
- Building Area Total: 864
- Property Age: 56
- Property Attached: Yes
- Roof: Shingle
- Structure Type: Concrete Block
- Total Area Main: 864
- Year Built Details: Existing Home
Accessibility Features
- Accessibility Features: Adaptable For Elevator
Utilities
- Electricity Connected
- Natural Gas Connected
- Water Source: Public