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10985 E Us Highway 24

Peyton, CO 80831
  • $5,500,000
  • STATUS: Active
  • ON SITE: 334 Days
  • ID#: 2883651
UPDATED: 56 min ago
$5,500,000
  • 0
    BEDS
  • 35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
REcolorado logo Offered by Colorado lifestyle Properties.

Description

This 35-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.

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Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-17T10:22:59.463 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.citysummitgroup.com/homes/164976484
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10985 E Us Highway 24 Peyton, CO 80831

  • Price: $5,500,000
  • Status: Active
  • On Site: 334 Days
  • Updated: 56 min ago
  • ID#: 2883651
0
Beds
0
Baths
0
½ Baths
35
Acres
Neighborhood:
Colorado Springs
County:
El Paso
Area:
Peyton
School District:
District 49
Property Description
This 35-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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Fencing Full Horse YN Yes Lot Features LevelMeadowSlopedSubdividable Lot Size Area 35 Offstreet Spaces 0 Parking Total 0 Road Frontage Type Public Road Surface Type Paved Rv Spaces 0 Vegetation Grassed

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Comparable Listing YN No Exclusions n/a Listing Terms 1031 ExchangeCashConventionalOther Ownership Individual Possession Closing/DOD Property Sub Type Improved Land Restrictions Covenants YN No Road Responsibility Public Maintained Road Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 930 Tax Legal Description TRACT IN W2 SEC 13-13-65 AS FOLSCOM AT SW COR OF SD SECTH N ON W LN THEREOF 715.73 FT TO INTSEC SELY R/W LN OF HWY 24ANG R 28<25' NELY ON SD R/W LN 1515.98 FT FOR POBANG R 90< SELY 871.20 FTANG L 1750.02 FTANG L 871.20 FT TO INTSEC HWY 24TH ANG L ALG HWY 1749.67 FT TO POB Tax Year 2024 Utilities Electricity AvailablePhone Available Water Included YN Yes Water Source Well Well Type Operational Well Usage Domestic Zoning RR-5

REcolorado logoListing courtesy of REcolorado as distributed by MLS GRID.
Listing courtesy of Colorado lifestyle Properties:719-649-4515. MLS #2883651


Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-05-17T10:22:59.463 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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City and Summit Group | Coldwell Banker Global Luxury Real Estate
201 Columbine Street, Suite 200
Denver CO, 80206
REcolorado logo Offered by Colorado lifestyle Properties.