17649 Lucky Penny Lane

Monument, CO 80132

Description

Each share purchased is grants access to 1/1,000 of the sales price of this home and any income that may come from renting out the property.

Monument, CO

Single Family

$546.00
684 pieces left

*Shares of membership are non-refundable. They can be listed for sale to customers on this platform but there is guarantee by Real Estate Evolved Inc. – Revolve that they will sell for the initial purchase price.

What's Special

The Foursquare Collection at Monument Junction. 3 bedroom, 2.5 bath, 2 car garage home. As you step through the front entry you’ll be treated to an open concept living, dining and kitchen. Adjacent to the great room, you’ll find a dining area that opens up to a patio, ideal for alfresco dining and outdoor enjoyment. The kitchen boasts Shaker-style white cabinets, complemented by stunning Quartz countertops. A large island, capable of seating four, serves as a focal point for gatherings and casual meals. The kitchen also features a pantry and stainless steel appliances, including a gas range and refrigerator. Head upstairs to the primary suite, a serene haven located on one side of the upper level for maximum privacy. The primary bedroom includes a bathroom with a spacious shower, a vanity with dual sinks, and a generous walk-in closet. Separated from the primary suite the two additional bedrooms provide ample space and comfort. These bedrooms share a well-appointed secondary bath. Blinds are included in the upper level beds and baths. The upper level also includes a laundry room with a washer and dryer. The home comes equipped with air conditioning, smart home package, and active radon mitigation system. Full yard landscaping and a fence provide a beautifully manicured yard and privacy. This home is nestled in a beautiful brand-new, covenant-protected community in Monument. Seller incentives are available.

The Market

Monument, a growing mountain-town community nestled between Denver and Colorado Springs, offers small-town charm with easy access to major economic hubs. Known for its scenic views, family-friendly atmosphere, and proximity to outdoor recreation, Monument has become an increasingly desirable place to live for professionals, retirees, and outdoor enthusiasts alike. The area has seen steady growth as more residents seek a balance between career opportunities and a quieter, nature-focused lifestyle. With nearby access to hiking, fishing, and trail systems around Monument Lake and the surrounding foothills, the town embraces Colorado’s outdoor culture year-round. Fun Fact: Monument sits along the historic Palmer Divide, a unique elevated landform that creates noticeably cooler temperatures and more snowfall than the surrounding Front Range communities.

More Questions

How is the property titled?

Each property is owned by a dedicated property-specific LLC established solely for that asset. When you purchase fractional ownership, you are purchasing membership interests in that LLC, which represents your proportional ownership stake in the property.

Your purchase includes platform transaction fees, administrative costs, property reserves, and other applicable operational expenses associated with the property. Ongoing expenses such as property management, maintenance, insurance, taxes, and asset management fees are handled at the property LLC level and disclosed within the offering documents for each property.

This property is managed by a professional third-party property management company in coordination with the managing member of the property LLC. The management team oversees day-to-day operations including tenant communication, maintenance coordination, rent collection, inspections, and overall property performance.

Key Features

About The Builder

Founded in Colorado Springs, Classic Homes has built a reputation for delivering thoughtfully designed homes focused on quality craftsmanship, functional layouts, and long-term value. With decades of experience in the Colorado market, the builder is known for creating communities that blend modern living with the lifestyle and natural beauty of the Front Range.

Property Titling Links

Each property is individually titled and documented with the state. Below are links to the property specific documents. 

Ownership LLC

County Assessor

$543,000

Purchase Price

$3,200

Monthly Rent

5.1

Cap Rate

Average Market Pricing

Our pricing is based on the average of the top real estate valuation models. 

Source Price
Zillow
$500,000
Redfin
$503,000
Homes.com
$496,000
Market Average
$499,000

Purchase Breakdown

Below is a breakdown of the purchase price of the property. Shares are broken down into equal pieces based on the total. 

Description Cost
Purchase Price
$543,000
Repairs / Upgrades
$0
Taxes / Insurance
$3,600
Closing Costs
$2,400
Revolve Fees
$38,000
Seller’s Discount
-$40,000
Total
$548,000

Cap Rate Breakdown

Capitalization rate is mathematical formula to show how much income a property will make. To find this number we take the annual income minus the general expenses. Then divide the adjusted total by the price of the home. 

Description Cost
Short Term Monthly
$38,400
Annual Expenses
$10,900
Adjusted Income
$27,500
Purchase Price
$543,000
Capitalization Rate
5.1

Quick Buy

Meet The agent

Zack Dane

REAL ESTATE AGENT

Zack is veteran agent licensed in the state of Colorado. His new

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What people are saying

“Revolve made investing in real estate feel so easy and approachable! From browsing properties to purchasing fractional shares, the entire experience was smooth, transparent, and actually exciting.”
Kathryn L.
“I’ve explored other real estate investment platforms before, but Revolve was by far the easiest and most enjoyable to use. Being able to own a portion of a property without all the usual stress and complexity made getting started feel effortless.”
Jeff C.
“Revolve completely changed the way I think about real estate investing! The platform made fractional ownership incredibly simple, and the whole process felt modern, seamless, and surprisingly fun.”
Steve S.

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