$450,000
SOLD JUL 31, 2024

0 S Peyton Hwy Unit REC6950809 Colorado Springs, CO 80928

Hanover Neighborhood
141 Acres
$3,184 Price per Acre
6,156,770 Sq Ft Lot

Recently Sold

29% Below List Price

200 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Development of the land is complete
  • 141.34 Acre Lot
  • No HOA
  • Partially Fenced Property

About This Lot

As of July 2024

Amazing investment opportunity - expansive 141 acre ranch in the very desirable and fast moving Colorado
Springs market. El Paso County is one of the highest growth counties in the nation. Located south of Schriever Air
Force Base and east of Fountain in the path of the future growth of Colorado Springs. Properties nearby are
annexing into the city of Colorado Springs for high density developments so this property has massive future
development value for subdivision or small acreage property development with the city and county approval. The
property is set-up to graze cattle as there is a domestic solar well with cattle trough. Amazing Pikes Peak and
mountain views. All paved and county maintained roads to the property. This property has no covenants. Only 5
minutes to Schriever AFB, 10 minutes to Fountain, 15 minutes to Colorado Springs Airport. Close proximity to the
future Williams Creek Reservoir which will be 800 acres and the largest body of water in El Paso County and
should allow boating/fishing. Close proximity to the new Colorado Springs Utilities Southern Delivery Water
System. The property currently has inexpensive agricultural property taxes. Water rights shall be included and
transferred with sale.

Last Agent to Sell the Property

Michael Turner

LIV Sotheby's International Realty Brokerage Email: Michael@homesbyturner.com,719-434-0199 License #100047743 Listed on: 12/08/2023

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Property Details

Property Type

  • Land

Lot Details

  • 141.34 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Grass Covered Lot
  • Development of the land is complete
  • Property is zoned A-35

Property Views

  • Mountain
  • Meadow

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number 35000-00-320

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Agricultural, Livestock
  • Exclusions: Seller's personal property.
  • Directions: From Highway 94, take 94 east, south on Peyton Highway. The property will be on the west side of Peyton Highway south of Drennan but north of Squirrel Creek Road. //OR// From Drennan Road and Curtis, take Drennan Road east, right on Peyton Highway.
  • SubdivisionName: None
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.70922
  • Attribution Contact: Michael@homesbyturner.com,719-434-0199
  • Special Features: VirtualTour

Exterior Features

  • View: Meadow, Mountain(s)
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Lot Info

  • Horses: Yes
  • Parcel Number: 35000-00-320
  • Lot Size Acres: 141.34
  • Fencing: Partial
  • Lot Features: Level
  • Lot Size Sq Ft: 6156770
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 59

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $450,000 -8.2% --
05/22/2024 05/22/24 Price Changed $490,000 -8.8% --
02/16/2024 02/16/24 Price Changed $537,092 -15.4% --
12/08/2023 12/08/23 For Sale $634,500 -- --
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6950809

REcolorado®