Neighborhood Guide

Woodlake

Elbert, CO 80106

Data Verified: Jul 4, 2026

About this Area

Woodlake is a hidden gem in Elbert, Colorado, where the tranquility of a lakeside community meets the charm of small-town living. Established in the mid-20th century as a retreat for Denver residents seeking respite from urban life, Woodlake quickly became a beloved destination for fishing, boating, and lakeside relaxation. The neighborhood’s namesake, Woodlake, is a serene 25-acre body of water that serves as the heart of the community, offering residents year-round recreational opportunities and stunning views. Over the years, Woodlake has evolved into a year-round residential community, attracting families, retirees, and outdoor enthusiasts who are drawn to its peaceful ambiance and strong sense of community. The area’s history is deeply intertwined with its natural surroundings, from the towering ponderosa pines that line the lake to the wildlife that calls the area home, creating a living postcard that residents cherish daily.

The real estate market in Woodlake is characterized by its variety of architectural styles, from charming lakefront cottages and mid-century modern homes to sprawling contemporary estates. Median home values in Woodlake are around $666,800, reflecting the desirability of waterfront properties and the premium placed on privacy and outdoor living. Lots in this neighborhood typically range from 1 to 5 acres, with many properties offering direct access to the lake or private docks. Homes here often feature expansive decks, large windows to capture lake views, and open floor plans designed for entertaining. The market is competitive, with homes selling quickly due to the limited inventory and high demand from buyers seeking a lakeside lifestyle. Whether you’re looking for a cozy cabin or a modern luxury home, Woodlake offers a range of options that cater to diverse tastes and budgets.

Woodlake is a paradise for those who love the outdoors, with the neighborhood’s namesake lake providing endless recreational opportunities. Residents can enjoy fishing, kayaking, paddleboarding, and ice skating in the winter, making it a year-round destination for water enthusiasts. The community also features a private park with picnic areas, playgrounds, and walking trails, perfect for family outings and leisurely strolls. For golf lovers, the nearby Woodmoor Country Club offers an 18-hole championship course, while the Elbert County Fairgrounds hosts seasonal events, rodeos, and farmers' markets. Families will appreciate the proximity to top-rated schools in the Elbert County School District, as well as the area’s strong sense of community, which is fostered through local events, neighborhood gatherings, and volunteer organizations. Additionally, Woodlake’s location provides easy access to essential services, including grocery stores, healthcare facilities, and shopping centers in nearby Monument and Colorado Springs.

Choosing to live in Woodlake means embracing a lifestyle that prioritizes relaxation, recreation, and community, making it an ideal choice for those who value both natural beauty and economic stability. With a median household income of $152,554, residents enjoy financial security while living in one of Elbert’s most sought-after neighborhoods. The commute to Colorado Springs is approximately 30 to 40 minutes, allowing residents to enjoy the peacefulness of lakeside living without sacrificing access to urban opportunities. The strong real estate market in Woodlake ensures that properties here are not only desirable places to live but also solid investments that appreciate over time. Whether you’re drawn to the area’s recreational opportunities, its strong sense of community, or the stunning lake views, Woodlake offers a rare opportunity to live in a place where life is as peaceful as it is fulfilling. For those who dream of owning a lakeside retreat, Woodlake is the perfect place to call home.

Homendo Valuation Index
Quality of Life 88
Environment 93
Education 88
Safety 90
Demographics
Population
4,450
Density
2,800
Median Age
50.6
Income
$152,554
StatisticZipCityCountyStateUSA
Population 4,450 15027,1525,810,774332,387,540
Median Age 50.6 37.444.837.538.7
People per Household 2.44 1.972.812.452.54
Median Household Income $152,554 $56,500$129,477$92,470$78,538
Avg Income per Capita $56,849 $40,598$57,481$50,489$43,289
Real Estate Market
Median Value
$666,800
Median Rent
$1,005
Available
89
MetricZipCityCountyStateUSA
Median Sale Price$666,800$263,200$664,600$502,200$303,400
Median Age of Home3187293845
Homes Owned89.5%74.4%89.5%60.6%58.2%
Homes Rented5.2%14.0%5.3%30.8%31.3%
Homes Vacant5.3%11.6%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index147.9147.9147.9147.9100.0
Commute Time (min)37.240.341.625.526.6
Work from Home30.5%5.5%19.0%18.8%13.5%
Climate
Jan Low
18.6°
July High
80.9°
Rain
21.7"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)18.618.618.618.618.6
July Avg High (°F)80.980.980.980.980.9
Annual Precip (in)21.721.721.721.721.7
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Woodlake

Woodlake is an affluent community with above-average earning potential located in Elbert. The neighborhood is characterized by a very high stability rate, with 89.5% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area tends to attract established professionals and retirees (Median Age: 50.6), creating a unique community atmosphere. With a median household income of $152,554, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Woodlake is currently active. The median home value stands at $666,800, reflecting the desirability of the Elbert area. For investors or those looking to lease, the median rent is approximately $1,005.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 5.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Woodlake holds a Homendo Safety Score of 90 and an Environmental Quality Score of 93. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Elbert region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Woodlake is rated at 88 on the Homendo Index. Located within the Elbert County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
16
School Ratings

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