Nova55Living › Colorado Springs › Elan
Colorado Springs, CO · 55+ Age-Restricted · 36 Luxury Homes · New Construction · avg ~$933K
Elan is the smallest and most expensive of Colorado Springs’s 55+ communities — 36 luxury single-family homes with resort amenities through the larger surrounding community and a full-time activities director. At an average near $933,000, this is a different buyer than The Retreat or Village of Cortona. If you want near-custom luxury finishes, exclusivity, and organized social programming on a small scale, Elan is worth the conversation.
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Talk to a Specialist →| Item | Amount | Notes |
|---|---|---|
| Home Price Range | avg ~$933K | Luxury single-family; confirm current pricing |
| HOA Fee | Confirm | Covers amenity access, common areas |
| Property Tax (est.) | ~$4,385/yr | El Paso Co ~0.47% effective at $933K |
| After Senior Exemption | ~$3,920/yr | 65+, 10-yr ownership; $200K exemption smaller % dent at this price |
| Homeowners Insurance | ~$2,800–$4,000/yr | Higher value home + Colorado hail risk |
The Retreat offers 236 homes, a resort-scale amenity center, and organized community life. Elan offers 36 homes, luxury finishes, and exclusivity. If you thrive in a larger, energetic active adult community with lots of programming and neighbors, The Retreat wins. If you want a high-finish home in a curated neighborhood where you know every neighbor within a month, Elan is that. The $340,000 average price premium buys finish level and privacy, not amenity breadth.
We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.
Even at $933K, the estimated annual property tax of ~$4,385 compares favorably to comparable luxury homes in Florida (roughly $9,330 at 1.0%), New Jersey (~$12,000+), or California ($10,000+ depending on purchase price). The Colorado advantage holds at every price tier.
Connect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.
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