Highland Lakes Homes under $500,000

Welcome to Highland Lakes, a picturesque neighborhood nestled in the heart of Divide, Colorado, within Teller County. This charming community is a hidden gem, offering a unique blend of natural beauty and a welcoming atmosphere. Surrounded by the stunning Rocky Mountains, residents enjoy breathtaking views, serene lakes, and the crisp, fresh air that comes with mountain living.

Highland Lakes is perfect for those seeking an escape from the hustle and bustle of city life, yet still desire access to modern amenities. With homes available under $500,000, this neighborhood provides an excellent opportunity for first-time buyers, families, and retirees alike. Here, you can find a variety of properties, from cozy cabins to spacious single-family homes, all designed to harmonize with the surrounding landscape.

Outdoor enthusiasts will thrive in Highland Lakes, as the area is a paradise for hiking, fishing, and exploring. The nearby Pike National Forest offers miles of trails and recreational activities, making it easy to embrace the great outdoors. Additionally, the community fosters a strong sense of camaraderie, with friendly neighbors and local events that bring everyone together.

Living in Highland Lakes means enjoying a slower pace of life, where you can unwind and connect with nature while still being just a short drive from the charming town of Divide. With its affordable housing options and breathtaking surroundings, Highland Lakes is truly a place to call home. Experience the magic of mountain living – your dream home awaits!

Newest Highland Lakes Homes under $500,000

$449,000

3 Beds ⋅ 2 Baths ⋅ 1,550 SqFt. ⋅ ACTIVE Status

Discover Colorado living in the highly desirable Highland Lakes community. Built into the the hillside on 1.24 wooded acres, this 3 bedroom, 2 bath home is surrounded by beautiful pines and aspens and offers a picturesque view of Pikes Peak. The main level primary bedroom features a adjoining updated bath and convenient access to the laundry area. The inviting eat=in kitchen showcases beautiful wood cabinetry, solid surface Corian countertops and skylights. Radiant heat and recently installed double glazed Anderson windows provide year-round comfort and efficiency. A standout feature is the two story enclosed patio with terracotta tile, warm wood ceilings and a Lopi wood stove - an exceptional space for relaxing or entertaining while enjoying the mountain setting.

36 Summit Lake Dr, Divide

Courtesy of Homesmart Realty.

$424,900

3 Beds ⋅ 2 Baths ⋅ 2,240 SqFt. ⋅ ACTIVE Status

Cozy log home tucked away on 1.17 treed acres. Surrounded by pines and mountain scenery, this spacious ranch-style home offers over 2,240 square feet with 3 bedrooms, 1.5 bathrooms, and a fully finished walkout basement. Home needs some work and updating but is a fantastic opportunity to build some sweat equity. Living room features vaulted tongue-and-groove ceilings, exposed beams, and south-facing windows. The kitchen offers lots of counter space, ceramic tile flooring, and easy access to the dining area and outdoor decks for entertaining. Hardwood flooring in the living and dining rooms. Covered front porch, oversized double-tier decks, and peaceful setting. Oversized 3-car detached garage has a heating wood stove with workshop space provides plenty of room for vehicles, toys, and hobbies. Located in the Highland Lakes community with access to nearby private lakes, fishing, hiking, and endless outdoor recreation, this is true Colorado mountain living.

124 Cradle Lake Dr, Divide

Courtesy of Joe Tanis.

$425,000

3 Beds ⋅ 2 Baths ⋅ 1,733 SqFt. ⋅ ACTIVE Status

Welcome to Cottonwood Lake Dr. in Highland Lakes, this charming cedar-sided home offers a perfect blend of natural beauty and modern comfort. Enjoy the best of Southern exposure with stunning views of Pikes Peak. The living room features a beautiful wood-burning stove, perfect for those chilly evenings. A new addition was added in 1990, providing a spacious master bedroom and a convenient 3/4 bathroom. The upper level has a large, open loft, ideal for relaxing, movie nights, or even converting into an additional bedroom. The lower level has a walk-out directly to the backyard. Relax on the front deck, designed with an open area perfect for a hot tub, and take in the surroundings and wildlife. The home also had a newer roof installed in 2023. Set on 1.22 acres of treed land, the property offers easy access to the many amenities of Highland Lakes, including seven ponds perfect for fishing, canoeing, ice fishing, and ice skating.

886 Cottonwood Lake Dr, Divide

Courtesy of Irene Tanis.

$499,000

4 Beds ⋅ 3 Baths ⋅ 2,325 SqFt. ⋅ ACTIVE Status

Log-sided mountain ranch on over a wooded acre in Divide’s Highland Lakes — 360° views with Pikes Peak front and center, backing to open space. This isn’t a house you watch the mountains from; it’s a house that lives in them. Four bedrooms, three baths in a bright, open layout. The main-level primary suite delivers an ensuite bath, walk-in closet, and private deck access — no stairs required to live well here. Vaulted ceilings, skylights, and a wood-burning fireplace anchor the living areas. The fully finished walk-out basement opens the door to guests, multi-gen living, or income potential. The kitchen runs solid-surface counters and gas cooking. Out back, a spacious deck puts you in the path of daily wildlife and uninterrupted views. Detached oversized 2-car garage, EVO whole-home water filtration, water softener, and RV parking round it out. Highland Lakes is the lifestyle play: clubhouse, playground, trails, and nine private lakes for fishing and non-motorized boating — all in the HOA. Minutes to Divide and Woodland Park. Full-time mountain home or seasonal escape, this one delivers privacy, views, and room to breathe. Come see it before it’s gone.

3543 Blue Mesa Dr, Divide

Courtesy of Call It Closed International Realty. 407-338-3339

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