What You Need to Know about Tri-Lakes, Colorado?
‘Tri-Lakes’ is an area that is around three different lakes in the North West part of El Paso County in Colorado. The three lakes are Woodmoor, Palmer, and Monument. There are mainly rural communities in Tri-Lakes with several mountain towns that are situated at an elevation of 7000 feet or even more. If you are a lover of nature, you would find the grasslands, the pine forests, and the beautiful mountains inside Tri-Lakes a treat for your eyes.
Imagine living in the front ranges of Rocky Mountains with abundant sunshine round the year. But Tri-Lakes region is a highly desirable place to live not just because of its stannic natural scenery. It lies in close proximity to both metropolitan centers of Colorado namely Colorado Springs and Denver. Colorado Springs lies just 20 miles south of Tri-Lakes whereas Denver is situated 45 miles north of this region. This is one aspect of real estate of Tri-Lakes that makes it hot and vibrant.
Real estate of Tri-Lakes is characterized by homes built on large parcels of land and communities that are rural in nature. In addition to residential real estate, it is also commercial real estate of Tri-Lakes that is registering tremendous growth these days. This is because of its proximity to Denver and Colorado Sprigns and quick access to Interstate 25.
All three communities of Lake Palmer, Woodmoor Lake, and Monument Lake are adjacent to each other and they have a combined population of close to 18000. Schools in this region are served by Lewis Palmer School District 38. Palmer Ridge High School is the flagship school of this school district. LPSD is considered one of the top school districts in entire Colorado. This is why you can rest assured of quality education of your kids when moving to the Tri-Lakes region.
Out of the three communities, Woodmoor has the highest population of nearly 10000 people. Monument has a population of 6346 while Palmer Lake has a population of 2500 people. Median home prices are higher in Monument ($333000) whereas they are just $231000 in Palmer Lake. In terms of median household income also, Monument beats other two communities. This income in Monument is $98230 whereas it is just $57727 in Palmer Lake.
If you like the idea of living in Tri-Lakes region, it’s a good idea to talk to a local, experienced realtor. He can find a suitable home inside your budget in this area.