$4,999,999

10985 Highway 24 Peyton, CO 80831

Peyton Area

Estimated payment $26,612/month

Total Views 16,668
35 Acres
$142,857 Price per Acre
1,524,600 Sq Ft Lot

Highlights

  • Views of Pikes Peak
  • 35 Acre Lot
  • Property is near schools and shops
  • Horses Allowed On Property
  • Meadow
  • Property is Fully Fenced

About This Lot

DEVELOPMENT POTENTIAL! 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. Access to a regional airport, as well as an international airport. This parcel offers the space, resources, and location to support a bold vision.

Listing Agent

Catherine Brown-Swain

Colorado Lifestyle Properties Brokerage Phone: 719-649-4515 Listed on: 06/15/2025

Co-Listing Agent

Sue Myers

RE/MAX Real Estate Group Brokerage Phone: 719-649-4515

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $930

Lot Details

  • 35 Acre Lot
  • Rural Setting
  • Property is Fully Fenced
  • Level Lot
  • Meadow
  • Grass Covered Lot

Property Views

  • Pikes Peak
  • Panoramic

Mobile Home

Utilities

  • Water Rights
  • 2 Water Wells

Additional Features

  • Property is near schools and shops
  • Horses Allowed On Property

Property Details

Property Type

Land

Est. Annual Taxes

$930

Lot Details

35 Acres

Listing Details

  • FeaturesExtra: Addl Water Rights, Fence-Perimeter, Horses Allowed, Manu Homes Allowed, See Prop Desc Remarks
  • Prop. Type: Land
  • WellsNumberof: 2
  • Attribution Contact: 719-649-4515
  • Lot Land Type: Improved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Type: 360-degree View, Level, Meadow, Rural, Sloping, View of Pikes Peak, See Prop Desc Remarks
  • Lot Location: Near Fire Station, Near Schools, Near Shopping Center
  • Out Buildings: Mobile Home
  • Topography: Level, Meadow, Rolling, Sloping, See Prop Desc Remarks

Utilities

  • Hot Water: Well-Active

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: District 49

Lot Info

  • Program Acres Total: 35.0000
  • Lot Size: 35.0000

Tax Info

  • Flip Tax Amount: 929.58
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Price Changed $4,999,999 -9.1% --
06/15/2025 06/15/25 For Sale $5,500,000 -- --
Source: elevateMLS

Source: elevateMLS

MLS Number: 8842606

elevateMLS
Colorado El Paso County Peyton 80831

10985 Highway 24, Peyton, CO

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Catherine Brown-Swain
Listing Agent
Catherine Brown-Swain
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Colorado Lifestyle Properties
(719) 417-9137
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