16240 Morning Rise Ln is a 4,944 square foot house on a 0.39 acre lot with 5 bedrooms and 5 bathrooms. Based on Redfin's Monument data, we estimate the home's value is $1,191,119.
Single-familyProperty Type
2021Year Built
0.39 acresLot Size
$241Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,191,119
$14K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.8% lower than the average sale price ($1.31M) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$6,251 (+1.1%)
$14,290 + $55,260
$69,550
2024
$6,182 (−0.7%)
$14,290 + $55,260
$69,550
2023
$6,228 (+12.0%)
$10,870 + $56,020
$66,890
2022
$5,563 (+8.6%)
$14,090 + $36,530
$50,620
2021
$5,120 (+1,613.1%)
$14,090 + $36,530
$50,620
2020
$299
$44,640
Tax history for 16240 Morning Rise Ln
Year
Property tax
Land + Additions
Assessment*
2025
$6,251 (+1.1%)
$14,290 + $55,260
$69,550
2024
$6,182 (−0.7%)
$14,290 + $55,260
$69,550
2023
$6,228 (+12.0%)
$10,870 + $56,020
$66,890
2022
$5,563 (+8.6%)
$14,090 + $36,530
$50,620
2021
$5,120 (+1,613.1%)
$14,090 + $36,530
$50,620
2020
$299
$44,640
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
PUD
Planned Unit Development District
In accordance with Colorado Revised Statutes, 24-67-101, et seq., the Planned Unit Development Act of 1972, the purpose of Planned Unit Development PUD zoning is to: Permit diversification of the Town zoning plan or part of the plan without in any way jeopardizing or reducing zoning standards which promote the public safety, convenience, health and general welfare and preserve personal and property rights; Preserve to the greatest extent possible the existing landscape features and amenities and to utilize such features in harmonious fashion; Promote the efficient use of land to facilitate a more economic arrangement of buildings, circulation systems and utilities; Promote creative flexibility in design and permit planned diversification in the location and use of structures; Allow compatible land uses to be developed in accordance with a general development plan which has been designed to be in harmony with surrounding neighborhoods; Combine and coordinate architectural styles, building forms and building relationships within the planned developments; Improve the design, character and quality of new development; Promote the most appropriate use of land; Promote beneficial and economical use of land in the physical and economic development of Monument; Provide for necessary commercial, recreational, employment and educational facilities conveniently located to housing; Provide for well-located, clean, safe and pleasant industrial sites involving a minimum of strain on transportation facilities; Lessen the burden of traffic on streets and highways; Conserve the value of the land.
Jul 1, 2022 • Final
434
Install a gas line for a future fire pit.
Gas
Feb 18, 2022 • Final
101
Work on a residence.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 2,593
Basement Finish: Finished
Basement Type: Finished
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Room Information
# of Rooms: 10
Exterior
Exterior Information
Foundation Type: Concrete
Building Style Type: Ranch
Construction Type: Frame
Building Construction Quality: Good
Exterior Wall: Stucco
Roof Covering Type: Concrete Tile
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: SANCTUARY POINTE FIL 07
Living Sq. Ft: 4,944
Adjusted Gross Sq. Ft: 5,186
Ground Floor Sq. Ft: 2,593
Building Sq. Ft: 6,067
# of Stories: 1
Stories Type: 1
Legal Description: LOT 3 SANCTUARY POINTE FIL NO 7
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 881
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,802
Legal Lot Number: 3
Municipality Name: LEWIS-PALMER SCHOOL NO 38
Acres: 0.3857
Zoning Code: PUD
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 5.0
Sq. Ft.: 4,944
Stories: 1.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: El Paso County
APN: 6129210008
Home facts updated by county records on Jun 12, 2026
Around this home
Schools
Ray E Kilmer Elementary School
Public PreK-6 • Assigned • 3.6mi
8/10
Lewis-Palmer Middle School
Public 7-8 • Assigned • 3.7mi
6/10
Lewis-Palmer High School
Public 9-12 • Assigned • 2.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Monument is known for its small-town feel, mountain views, historic downtown, local shops and restaurants, and easy access to trails and open space. It offers a quieter setting between Colorado Springs and Denver with a mix of established...