Peyton, CO 80831,10985 E Highway 24
Peyton, CO 80831,10985 E Highway 24
Peyton, CO 80831,10985 E Highway 24
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$5,500,000
Est. payment /mo
40 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8842606

HOA Y/N No

Annual Tax Amount $929

Tax Year 2024

Lot Size 40.000 Acres

Property Description

This 40-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. Located just minutes from both markets, the property sits in the heart of one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are rapidly expanding to meet increasing demand. With two existing wells and water rights, this property offers a critical head start in a region where water access often defines the pace and scope of development. Potential for a variety of commercial uses—including retail centers, light industrial, mixed-use developments, or even a master-planned community with integrated commercial zones. The proximity to Powers Boulevard, Highway 24, and the ever-expanding Falcon Town Center makes this parcel especially attractive for developers looking to serve the growing population east of Colorado Springs. The area is already seeing substantial investment in infrastructure and services, creating a strong foundation for future growth. Given its size, access to water, and prime location, this property is perfectly positioned to meet the region's surging demand. This parcel offers the space, resources, and location to support a bold vision.

Location

State CO

County El Paso

Area Falcon

Exterior

Complex Features Addl Water Rights, Fence-Perimeter, Horses Allowed, Manu Homes Allowed, See Prop Desc Remarks

Building

Lot Description 360-degree View, Level, Meadow, Rural, Sloping, View of Pikes Peak, See Prop Desc Remarks

Water Well-Active

Schools

School District Falcon-49

Others

Special Listing Condition Not Applicable

Virtual Tour https://www.propertypanorama.com/instaview/ppar/8842606


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Pikes Peak MLS (PPAR)
Listed by Colorado Lifestyle Properties

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agent

Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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