10985 Highway 24 Peyton, CO 80831
Estimated payment $29,065/month
Highlights
- Views of Pikes Peak
- 40 Acre Lot
- Property is near schools
- Horses Allowed On Property
- Meadow
- Property is Fully Fenced
About This Lot
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.
Listing Agent
Colorado Lifestyle Properties Brokerage Phone: 719-649-4515 Listed on: 06/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $930
Lot Details
- 40 Acre Lot
- Rural Setting
- Property is Fully Fenced
- Level Lot
- Meadow
- Grass Covered Lot
Property Views
- Pikes Peak
- Panoramic
Location
- Property is near schools
- Property is near shops
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Water Rights
- 2 Water Wells
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2025 06/15/25 | For Sale | $5,500,000 | -- | -- |
Source: Pikes Peak REALTOR® Services
MLS Number: 8842606
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