Nova55Living › Colorado Springs › Elm Grove Villa
Colorado Springs, CO · 55+ Age-Restricted · Townhomes
Elm Grove Villa is a dedicated 55+ townhome community in Colorado Springs offering low-maintenance attached living with the same El Paso County property tax advantage that applies across the market. For buyers who want age-restricted community without the price tags of The Retreat or Elan, this is one of the more affordable purpose-built 55+ options.
| Item | Details |
|---|---|
| Type | Attached townhomes, 55+ age-restricted |
| HOA | Covers exterior maintenance, common areas; confirm current rate |
| Property Tax | El Paso Co ~0.47% effective; well below national median |
| Resale | Resale community; no new construction |
| Senior Exemption | 50% of first $200K exempt at 65+ with 10-yr ownership |
Townhome living here means HOA handles exterior maintenance and snow removal — a significant practical benefit at this elevation (6,000+ ft). Verify HOA fees and what’s covered before buying, as total monthly cost in attached communities often differs significantly from the sticker price alone.