The Wagner iTeam Real Estate - (719) 434-8346
Satellite Hotel and Condos General Info
The Satellite Hotel is located at 411 Lakewood Circle, Colorado Springs CO 80910 – on the SW corner of S. Academy Blvd. and Airport Road in Southeast Colorado Springs. This landmark building is situated to offer 270 – 360 degree views from almost every room – spanning from the Rocky Mountains to the eastern plains.
Satellite Hotel Main Number: 719.596.6800
The main level of the Satellite Hotel boasts a classic lobby with fireplaces and ample sitting areas and several small business available to meet the needs of both hotel visitors and residents.
There are also tennis courts, a swimming pool, gym and sauna, library and many other amenities in the Satellite Hotel.
The Satellite Hotel and Condos are:
- Adjacent to the Valley Hi Golf Course
- 5 Minutes from the Colorado Springs Municipal Airport
Minutes from the Academy Blvd. and Powers Corridor shopping, restaurant and entertainment
- Close to Colorado Springs School District 11 Schools
- Minutes from Peterson AFB and Fort Carson Army Base
Valley-Hi Golf Course
The Satellite Hotel is adjacent to the Valley-Hi Municipal Golf Course. Per the City of Colorado Springs website: “Valley Hi Golf Course offers a wonderful scenic view of Pikes Peak and Cheyenne Mountain. It was constructed in 1956 and purchased by the City in 1975. The 18-hole, par 71 course offers some of the most quality manicured greens in the area. The course appears flat, but features a few well-placed bunkers and lakes to add to the fun. This wonderful facility features an outstanding Learn-to-Golf program for beginners. After a round of golf or a lesson, the restaurant is open for cool drinks or a wonderful snack or meal. Tee times can be reserved in person or by telephone up to seven days in advance.”
Satellite Hotel and Condo History
The Satellite Hotel was built in 1969 by Paul Brown. It has become a local landmark with it’s 8-pointed, compass-like 60′s era star shining from the top of the building – near the penthouse condos, not to mention the unique 3-wing, multi-story layout that towers over all other buildings in the area.
The Satellite Hotel has 76 hotel rooms throughout the first few floors of the building, and is booked most of the Summer months. Hotel amenities include:
- Heated Outdoor Pool
- Official Size Tennis Courts
- Beauty and Barber Salons
- Coin-Operated Laundry
- Gift Shop
- Free 52-Channel Cable TV
- Free Local Calls
- Private Balconies in Each Room
- Exercise Rooms and Saunas
- Banquet and Conference Rooms to accommodate groups from 10-160 people
- The Landing – Fire Grill and Bar – Open Daily 7am – 9pm
- Overnight manned security
Visit the Official Satellite Hotel Website.
Satellite Hotel and Condo – Real Estate Information
The Satellite Hotel has 284 condos that are both owner-occupied and tenant occupied. Each floor has a laundry room and nicely tiled elevator foyers.
Several small businesses can be found on the main level of the Satellite, offering services to the residents. You will find a small grocery store, CPA, attorney, home services, insurance company, salon and barber, massage therapist and a great restaurant. Residents never have to leave the grounds to get everything they need!
All residents also have full-use of all the hotel amenities, to include the swimming pool, sauna and gym, tennis courts and library.
Homes for sale in the Satellite Hotel:
There are usually only about 10 condos for sale at any given time in the Satellite Hotel. Many of the residents purchased their homes in the early-mid 1970′s and have been there ever since.
- Condos in the Satellite Hotel have from 1-3 bedrooms and 1-2 bathrooms. Square footage range from about 850 sf to over 1,600 sf.
- Parking: Some units have dedicated underground parking, and others have use of the large, free surrounding parking lot. There is even additional RV parking to the west of the building.
- Condos for sale range from about $57,000 - the lower $100k’s, with most condos for sale selling just under $100k. (The highest recorded sale was in 2001, for $125k.)
For more information on this Satellite Condo, or any other Satellite Condo for sale, please contact the Wagner iTeam at 719.434.7525
Satellite Hotel and Condos HOA Information
The Satellite Hotel HOA is made up of active resident board members.
Contact Information: Martha 719.570.4520
The Satellite Hotel and Condos offer both a great place to stay while visiting Colorado Springs AND a wonderful, stress-free place to call home.