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$1,050,000
Est. payment /mo
240 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Shea Acres
MLS Listing ID 7367115
HOA Y/N No
Annual Tax Amount $2,498
Tax Year 2023
Lot Size 240.000 Acres
Acres 240.0
Property Sub-Type Farm
Source recolorado
Property Description
The N Peyton Hwy 240 land holding offers an ideal short-, medium-, or long-term investment opportunity. This turnkey holding includes six recorded and deeded 40-acre parcels, perfect for a builder seeking multiple buildable sites or anyone wanting to create their own Prairie retreat. The property sits directly in the path of growth for both Colorado Springs and Falcon, supported by rapid expansion at Schriever and ongoing residential development to the east. The area benefits from a strong county-maintained paved road system, secured funding for the Highway 94 expansion, and newly paved asphalt on N Peyton Highway. Conveniently located, the Falcon Super Walmart and the Starbucks at the Peterson AFB entrance are each about seventeen minutes away, and the Schriever Visitor Center is just ten minutes from the property. All six parcels offer sweeping Front Range views and multiple potential building envelopes with full 360-degree vistas. A private road of approximately one mile will be constructed to access all lots, beginning mid-December with recycled crushed asphalt as part of an eco-friendly design. Mountain View Electric Association will provide electric service via above-ground poles, with engineering underway and construction anticipated to begin mid-January. Each lot qualifies for a residential exempt well permit allowing household use, up to four domestic animals, and one acre of lawn or crops. Septic systems and propane are required, and fiber-optic internet is expected soon as Mountain View Electric brings service to N Peyton Highway. Individual lots are available, with options to purchase 40, 80, or 120 acres.
Location
State CO
County El Paso
Zoning RR-5
Interior
Fireplace N
Exterior
View Mountain(s)
Garage No
Building
Sewer Septic Tank
Schools
Elementary Schools Ellicott
Middle Schools Ellicott
High Schools Ellicott
School District Ellicott 22
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by REMAX PROPERTIES
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076