Westcliffe, CO Land & Home Lots for Sale

• 

  

  

  /16

  $350,000

  • Land
  • 105 Acres
  • $3,333 per Acre

  TBD Highway 69 S, Westcliffe, CO 81252

  Discover the perfect canvas for your dream home on this sprawling 100-acre fully fenced parcel of land, offering breathtaking 360 degree views including the Sangre de Cristo Mountains that will leave you in awe. Nestled in front of the stunning Sangre de Cristo Range, this pristine property promises a life of tranquility and natural beauty. Situated close to town, convenience meets serenity with

  KAYLA BRADY Homesmart Preferred Realty

  TBD Highway 69 S, Westcliffe, CO 81252
• 

  

  

  /35

  $75,000

  • Land
  • 4.87 Acres
  • $15,400 per Acre

  392 Crystal Falls Dr, Westcliffe, CO 81252

  Wow! You are going to be glad you clicked on this property! Here we have a Cozy Colorado Shed on nearly 5 acres located 25 minutes south of the town of Westcliffe. Electricity and phone line are buried at the road bordering the property making it affordable to get electricity installed. The property is located in Antelope Valley subdivision, there are very reasonable covenants in place, and NO

  Joseph Zukowski Martin & Tope Real Estate Co

  392 Crystal Falls Dr, Westcliffe, CO 81252
• 

  

  

  /35

  $87,500

  • Land
  • 10.71 Acres
  • $8,170 per Acre

  115 Crow Rd, Westcliffe, CO 81252

  Spanning a generous 10.71 acres, this exceptional property offers more than double the space of the typical 5-acre parcels found in the coveted Cuerno Verde Pines community. Driveway installed to the top of the property. Power is easily accessible by a provided easement from the neighboring power box. The expansive acreage provides an unparalleled sense of freedom and creates the perfect canvas

  James Thomas Rover Real Estate Company

  115 Crow Rd, Westcliffe, CO 81252
• 

  

  

  /3

  $200,000

  • Land
  • 35.19 Acres
  • $5,683 per Acre

  900 County Road 241, Westcliffe, CO 81252

  Only minutes from the historic and picturesque town of Westcliffe. Approx. 35 acres, with gorgeous views of the Sangre de Cristo mountains. This lot is zoned Rural Residential, allows for horses and nearby the Shadow Ridge Sub. No HOA allows you the freedom to build your dream home without restriction, and with electricity nearby, you can have power or go solar. If you've ever wanted to live a

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  900 County Road 241, Westcliffe, CO 81252
• 

  

  

  /4

  $250,000

  • Land
  • 2.25 Acres
  • $111,111 per Acre

  302 Hermit Ln, Westcliffe, CO 81252

  Discover a 2.25 acre parcel located in Westcliffe, Colorado. This level lot offers open space with mountain views and flexible zoning for both residential and agricultural use. Horses are allowed, making it a suitable option for those looking to build a home with room for animals or create a small rural retreat. The property provides a balance of privacy and accessibility, with nearby access to

  Victoria Holland Keller Williams Partners

  302 Hermit Ln, Westcliffe, CO 81252
• 

  

  /15

  $259,000

  • Land
  • 43.3 Acres
  • $5,982 per Acre

  TBD Lot 11 County Road 318, Westcliffe, CO 81252

  Welcome to Majestic Peaks Ranch, where the untamed beauty of Southern Colorado stretches as far as the eye can see-and dreams are measured in acres, freedom, and sky. This brand-new, gated recreational and equestrian subdivision unveils 59 extraordinary 35+ acre parcels, each commanding a front-row seat to the towering Sangre de Cristo Mountains, Spanish Peaks, Collegiate Peaks, and the Wet

  Tammy Williams eXp Realty

  TBD Lot 11 County Road 318, Westcliffe, CO 81252
• 

  

  /25

  $65,000

  • Land
  • 5.76 Acres
  • $11,285 per Acre

  3654 Wykagyl Rd, Westcliffe, CO 81252

  Experience elevated mountain living in Cuerno Verde, on this exceptional 5.7-acre property offering expansive mountain views. Accessed by county-maintained roads, the property provides flexible building opportunities, from an open, sun-filled location near the road to a more quiet homesite nestled upslope among the trees. Electricity is available in the road, simplifying future development. The

  Ashley Franklin MOUNTAIN AND COUNTRY REALTY

  3654 Wykagyl Rd, Westcliffe, CO 81252
• 

  

  /14

  $40,000

  • Land
  • 9,016 Sq Ft
  • $193,237 per Acre

  35 William Ave, Westcliffe, CO 81252

  Three Legal Lots | Deeded Boating Rights Near Lake DeWeese - Opportunity comes in threes-and this one comes with something rare. This offering includes three adjoining legal parcels in Mountain View Subdivision near DeWeese Reservoir, along with historic deeded boating rights allowing owners of these lots to operate personal watercraft on the reservoir for personal use, as described in recorded

  Platinum Properties Team eXp Realty, LLC

  35 William Ave, Westcliffe, CO 81252
• 

  

  /32

  $88,000

  • Land
  • 5.22 Acres
  • $16,858 per Acre

  1702 Cr 327, Westcliffe, CO 81252

  5.22 acres of Colorado Mountain possibilities. Located in the Blumenau covenant protected subdivision, allows for any builder. Road is County maintained. Power at the road. School bus comes right by this lot. Gently sloped with mature Aspens and Pine trees. Only a 15 minute drive to downtown Silver Cliff/Westcliffe.

  Kathryn Nabors Naborhood Homes

  1702 Cr 327, Westcliffe, CO 81252
• 

  

  /15

  $553,272

  • Land
  • 207.1 Acres
  • $2,672 per Acre

  Lot 31&32 Eagles Gate Rd, Westcliffe, CO 81252

  GORGEOUS lot for Sale in Eagles Springs Ranch Subdivision. This lot provides the most AMAZING views of the Sangre de Cristo Mountains. The well has been installed with a brand-new pump wired for 30A/240V. The property is composed of two lots (Lot #31 - 92 acres & Lot #32 - 115 acres), fenced as one. Will sell lots separately at negotiated price. This is a PRIME LOCATION to build Your Dream home!

  JACKIE SHEPHERD Wapiti Ranch Realty and Auction LLC

  Lot 31&32 Eagles Gate Rd, Westcliffe, CO 81252
• 

  

  /10

  $575,000

  • Land
  • 80 Acres
  • $7,188 per Acre

  0 Deer Springs Cir, Westcliffe, CO 81252

  Discover an exceptional 80-acre parcel just north of Westcliffe with sweeping views of the majestic Sangre de Cristo Mountains. Located only 3.5 miles from town, this property offers the perfect balance of privacy, convenience, and endless opportunity. With ample space for horses, cattle, recreational toys, or your dream home, the possibilities are endless. Surrounded by scenic valleys, mountain

  Shawn Kelley Compass

  0 Deer Springs Cir, Westcliffe, CO 81252
• 

  

  /6

  $65,000

  • Land
  • 11,761 Sq Ft
  • $240,741 per Acre

  112 N Adams Blvd, Westcliffe, CO 81252

  Embrace mountain-town living with this .27 acre lot nestled in the quiet and sought-after Adams Addition neighborhood. Located on the edge of town this subdivision offers a peaceful setting and stunning, unobstructed views of the Sangre de Cristo Mountains - a truly inspiring backdrop for your future home. With city water, sewer connections, and paved road access, modern convenience meets natural

  Sarah Flynn Mountain Land Properties, LLC

  112 N Adams Blvd, Westcliffe, CO 81252
• 

  

  /10

  $67,900

  • Land
  • 7.58 Acres
  • $8,958 per Acre

  000 County Road 341, Westcliffe, CO 81252

  This one of a kind 7.5-acre lot offers extraordinary views of the 360-degree variety including Pikes Peak, Mt. Tyndall and vast rolling hills in the foreground with the legendary Sangre de Cristo range as the backdrop and wide-open meadows to enjoy year around. The property views are truly unblockable for future development. Enjoy your peace of mind and serenity knowing that your surroundings

  Beatrice Price Homesmart Preferred Realty

  000 County Road 341, Westcliffe, CO 81252
• 

  /2

  $94,900

  • Land
  • 35.47 Acres
  • $2,676 per Acre

  12200 County Road 360, Westcliffe, CO 81252

  35 + acres of remote Colorado land with stunning mountain views. No improvements-just raw, open ground ready for your vision. Build a homestead, cabin, or getaway retreat and enjoy wide-open skies, privacy, and the rugged beauty of Southern Colorado

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  12200 County Road 360, Westcliffe, CO 81252
• 

  

  /12

  $115,000

  • Land
  • 10 Acres
  • $11,500 per Acre

  525 County Road 321, Westcliffe, CO 81252

  Discover the freedom of true Colorado living on this exceptional 10-acre parcel in Antelope Valley, just minutes from Westcliffe, Colorado. Bordering more than 10,000 acres of Bureau of Land Management (BLM) land, this rare property offers direct access to thousands of acres for hiking, horseback riding, ATV adventures, wildlife viewing, and endless outdoor recreation right from your own

  JACKIE SHEPHERD Uc Wapiti Ranch Realty & Auction Llc

  525 County Road 321, Westcliffe, CO 81252
• 

  

  /19

  $69,500

  • Land
  • 6.4 Acres
  • $10,859 per Acre

  763 Apache Rd, Westcliffe, CO 81252

  Views you will not believe! Many building sites for your dream home or a getaway cabin. Enjoy dreaming under the dark starry skies or hiking around the area. Make this your next dream come true.

  Pamela Marietta Fremont Realty LLC

  763 Apache Rd, Westcliffe, CO 81252
• 

  

  /29

  $62,000

  $11K PRICE DROP

  • Land
  • 5.93 Acres
  • $10,455 per Acre

  309 Choctaw Trail, Westcliffe, CO 81252

  This exceptional property offers the perfect setting to build your dream home, with awe-inspiring mountain views that will greet you every day. The land is ready for development, featuring a driveway already plowed for easy access and a leveled area that provides a solid foundation for construction. A power line is conveniently connected to a meter, ensuring electricity is readily available for

  Michelle Higgins Homesmart Preferred Realty (Westcliffe)

  309 Choctaw Trail, Westcliffe, CO 81252
• 

  

  /15

  $219,000

  • Land
  • 37.45 Acres
  • $5,848 per Acre

  TBD Lot 7 County Road 318, Westcliffe, CO 81252

  Welcome to Majestic Peaks Ranch, where the untamed beauty of Southern Colorado stretches as far as the eye can see-and dreams are measured in acres, freedom, and sky. This brand-new, gated recreational and equestrian subdivision unveils 59 extraordinary 35+ acre parcels, each commanding a front-row seat to the towering Sangre de Cristo Mountains, Spanish Peaks, Collegiate Peaks, and the Wet

  Tammy Williams eXp Realty

  TBD Lot 7 County Road 318, Westcliffe, CO 81252
• 

  

  /13

  $67,900

  • Land
  • 7.58 Acres
  • $8,958 per Acre

  0 County Road 341 Unit REC5287690, Westcliffe, CO 81252

  This one of a kind 7.5-acre lot offers extraordinary views of the 360-degree variety including Pikes Peak, Mt. Tyndall and vast rolling hills in the foreground with the legendary Sangre de Cristo range as the backdrop and wide-open meadows to enjoy year around. The property views are truly unblockable for future development. Enjoy your peace of mind and serenity knowing that your surroundings

  Beatrice Price HomeSmart Preferred Realty

  

  0 County Road 341 Unit REC5287690, Westcliffe, CO 81252
• 

  

  /25

  $169,000

  • Land
  • 5.37 Acres
  • $31,471 per Acre

  504 Ute Rd, Westcliffe, CO 81252

  Discover this beautiful, wooded lot with stunning scenic views which include the SANGRE DE CRISTO MTN RANGE, perfectly ready for your dream home. The property features a CLEARED & EXCAVATED BUILD SITE providing a smooth start for construction. It includes a DRIVEWAY for easy access and essential utilities are already in place-POWER, WELL, and SEPTIC SYSTEM-saving you time and effort. As well as

  Brittany Martin Martin & Tope Real Estate Co

  504 Ute Rd, Westcliffe, CO 81252
• 

  

  /25

  $250,000

  • Land
  • 37.98 Acres
  • $6,582 per Acre

  2871 Marcey Rd, Westcliffe, CO 81252

  Deep in the heart of Bear Basin Ranch lies this hidden gem, a secluded forest mountain retreat. Nestled between beautiful rocky hills and with BLM land in close reach, adventure awaits the avid explorer! This property location boasts both privacy and endless inspiration.This property parcel is for those who prefer life off the beaten path. Wander into this destination and you’ll be

  Roger Koltay Resident Realty South Metro

  

  2871 Marcey Rd, Westcliffe, CO 81252
• 

  

  /11

  $29,000

  • Land
  • 1.13 Acres
  • $25,664 per Acre

  TR42 Cr 329, Westcliffe, CO 81252

  Here is a nice, affordable acre+ lot ready for camping or building. Only about 10 minutes drive to the town of Westcliffe for groceries, hardware, and entertainment or find lots of recreation in the 266,000 acre wilderness area, not far away. Lots of trees and a small view of the Sangre de Cristo mountain range. NO HOA and no dues. There is a recorded easement to access this property, just off of

  Marty Boennighausen Martin & Tope Real Estate Co

  TR42 Cr 329, Westcliffe, CO 81252
• 

  

  /14

  $65,000

  • Land
  • 5.25 Acres
  • $12,381 per Acre

  891 Driftwood Rd, Westcliffe, CO 81252

  Discover the perfect setting for your Colorado mountain dream home on this beautiful 5.25-acre treed parcel near Westcliffe. With multiple potential building sites, you'll have the flexibility to create the ideal mountain retreat while taking advantage of the property's natural beauty, privacy, and stunning surroundings.Year-round access is excellent, making it easy to enjoy your property in

  John Liese Pikes Peak Dream Homes Realty

  891 Driftwood Rd, Westcliffe, CO 81252
• 

  

  /20

  $69,000

  • Land
  • 5.9 Acres
  • $11,695 per Acre

  TBD Foxtail Rd, Westcliffe, CO 81252

  Looking for a quiet & peaceful getaway near the mountains? This 5.9 acre Ponderosa Pine forest is tucked away on a quiet cul de sac and offers a great place to unwind and relax. Here you can build the perfect escape whether that be a full time residence, a weekend cabin, or just a nice campsite. Plentiful tree cover with towering Ponderosa Pines scattered about for plenty of cool shade in the

  Brock Flynn Mountain Land Properties, LLC

  TBD Foxtail Rd, Westcliffe, CO 81252
• 

  

  /11

  $59,900

  • Land
  • 7.67 Acres
  • $7,810 per Acre

  505 Taos Trail, Westcliffe, CO 81252

  Looking for a private mountain getaway with breathtaking Sangre de Cristo Mountain views and year-round access? You've found it! This beautiful 7.67-acre property is tucked away on a quiet cul-de-sac, offering exceptional privacy, peace, and abundant wildlife. Take in panoramic mountain vistas while enjoying the serenity of your own Colorado retreat. The property is eligible for a domestic water

  Sarah Flynn Mountain Land Properties, LLC

  505 Taos Trail, Westcliffe, CO 81252
• 

  

  /23

  $85,500

  • Land
  • 6.5 Acres
  • $13,154 per Acre

  267 Crow Rd, Westcliffe, CO 81252

  Welcome to 267 Crow Road in Westcliffe, Colorado - a beautiful 6.9-acre property located in the highly desirable Cureno Verde Pines HOA. Offering year-round access, privacy, and breathtaking scenery, this land is the perfect setting for your dream home or Colorado mountain retreat. Enjoy stunning panoramic views of the Sangre de Cristo Mountains and the wide-open Colorado plains. A seasonal water

  Frank Bolin Exp Realty Llc

  267 Crow Rd, Westcliffe, CO 81252
• 

  

  /14

  $79,900

  • Land
  • 4.9 Acres
  • $16,306 per Acre

  1054 W Keepsake Loop, Westcliffe, CO 81252

  Two Adjoining Mountain Lots with Sangre Views - Two adjoining mountain lots on Keepsake Loop are being sold together, offering a combined 4.9 acres of Colorado beauty, privacy, and possibility. Set in the foothills near Westcliffe, this land captures the feeling buyers come here for: open sky, scattered pines, rolling terrain, and those unforgettable Sangre de Cristo Mountain views. With 2.71

  Kimberlee Salimeno Exp Realty Llc

  1054 W Keepsake Loop, Westcliffe, CO 81252
• 

  

  /33

  $200,000

  • Land
  • 39.23 Acres
  • $5,098 per Acre

  TBD County Road 310, Westcliffe, CO 81252

  Discover your perfect off-grid retreat with NO HOA and breathtaking panoramic views! This exceptional property offers the ultimate sense of privacy and seclusion, just a short 20-minute drive from the charming historic town of Westcliffe. A constructed road leads to the summit of the property, granting you unrivaled, sweeping vistas of the stunning Sangre de Cristo Mountain Range, including the

  Brittany Martin Martin & Tope Real Estate Co

  TBD County Road 310, Westcliffe, CO 81252
• 

  

  /23

  $349,000

  • Land
  • 38.68 Acres
  • $9,023 per Acre

  TBD Lot 5 Bella Vist Trail, Westcliffe, CO 81252

  Welcome to Bella Vista Ranch, where mountain dreams become an enduring reality. Envision 38 acres of serenity, where beauty and possibility converge. BVR offers an extraordinary opportunity to own a premier slice of land, showcasing sweeping views of the majestic Sangre de Cristo Mountains and borders over 9,500 acres of the Upper Grape Creek featuring the natural elegance of Seven Mile Gulch,

  Ashley Franklin Mountain and Country Realty

  TBD Lot 5 Bella Vist Trail, Westcliffe, CO 81252
• 

  

  /6

  $185,000

  • Land
  • 35.9 Acres
  • $5,153 per Acre

  TBD L8 Cr 255, Westcliffe, CO 81252

  Be the first to get your choice pick of 15 lots in a new subdivision less than 10 minutes from the historic and picturesque town of Westcliffe. Each lot is 35 acres, with gorgeous views of the Sangre de Cristo mountains. The lots are zoned Rural Residential and allow for horses. No HOA allows you the freedom to build your dream home without restriction, and with electricity nearby, you can have

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  TBD L8 Cr 255, Westcliffe, CO 81252
• 

  

  /12

  $757,600

  • Land
  • 74.76 Acres
  • $10,134 per Acre

  TBD L1/L19 County Road 255, Westcliffe, CO 81252

  Discover the ultimate in open-space living with this 74.76-acre parcel of rugged and diverse terrain. Experience complete freedom with no HOA or CCRs. Create your own dream home or develop the land. With power nearby or the option for solar, the possibilities are endless.This sub-dividable land offers the potential for annexation to the charming town of Silver Cliff, and provides convenient

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  TBD L1/L19 County Road 255, Westcliffe, CO 81252
• 

  

  /12

  $1,995,000

  $173K PRICE DROP

  • Land
  • 52.73 Acres
  • $37,834 per Acre

  530 Cynthia Ln, Westcliffe, CO 81252

  Imagine a home site where you can see for 100+ miles! Atop UQ Ranch at 9,161', you witness Pike's Peak 72 miles away. Located on the upper west side of Colorado's Wet Mountain Valley at the tree line on the approach to Humboldt Peak at 14,064'. To the west of the property is the majestic Sangre De Cristo range, one of the straightest and longest unbroken chains of mountains in the world. Custer

  Bob Senderhauf Custer County Realty Inc

  530 Cynthia Ln, Westcliffe, CO 81252
• 

  

  /10

  $32,500

  • Land
  • 6.05 Acres
  • $5,372 per Acre

  2138 County Road 341, Westcliffe, CO 81252

  Looking for the perfect mountain retreat where you can camp now or build later? This 6-acre property offers breathtaking views of the Sangre de Cristo and Wet Mountains, providing a peaceful setting for your dream cabin or weekend escape.Located just 1.5 miles off Highway 96, with easy year-round access via a nearby county-maintained road, this parcel offers convenience without sacrificing

  Sarah Flynn Mountain Land Properties, LLC

  2138 County Road 341, Westcliffe, CO 81252
• 

  

  /27

  $75,000

  $15K PRICE DROP

  • Land
  • 5 Acres
  • $15,000 per Acre

  870 Oak Dr, Westcliffe, CO 81252

  Escape to the mountains with this 5-acre parcel in the Victorian Heights subdivision of Westcliffe, Colorado, offering a great combination of privacy, usability, and convenience. With easy road access and a survey already completed with the county, much of the groundwork is in place for your future plans. The property features a nice open clearing in the center, ideal for setting up camp or

  Andrew Vascassenno eXp Realty, LLC

  

  870 Oak Dr, Westcliffe, CO 81252
• 

  

  /30

  $220,000

  • Land
  • 39.55 Acres
  • $5,563 per Acre

  TBD County Road 310, Westcliffe, CO 81252

  Discover your dream off-grid retreat with NO HOA and breathtaking panoramic views! This exceptional property offers the perfect blend of seclusion and convenience, just 20 minutes from the charming historic town of Westcliffe. Nestled on a stunning landscape of rolling hills and lush grassy meadows, the property features a private road leading to the summit, where you'll be rewarded with sweeping

  Brittany Martin Martin & Tope Real Estate Co

  TBD County Road 310, Westcliffe, CO 81252
• 

  

  /6

  $210,000

  • Land
  • 35.31 Acres
  • $5,947 per Acre

  TBD L15 County Road 255, Westcliffe, CO 81252

  Be among the first to claim your dream property in this new subdivision, just minutes from the charming and historic town of Westcliffe! With multiple 35-acre lots to choose from, each offering breathtaking views of the Sangre de Cristo mountains, this is your chance to own a piece of Colorado's untamed beauty. Perfect for horse lovers, these lots offer true freedom-with no HOA to limit your

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  TBD L15 County Road 255, Westcliffe, CO 81252
• 

  

  /6

  $60,000

  • Land
  • 12,632 Sq Ft
  • $206,897 per Acre

  103 Fox Run, Westcliffe, CO 81252

  FOX RUN is a subdivision located in the Towns of Westcliffe and Silver Cliff in a well established commercial and residential neighborhood. This lot is 0.29 acres and is listed at $60,000. City sewer and water are available at each lot. Stunning mountain views. The post office, a bank, school and other businesses are located nearby. Great location in a beautiful mountain community! There are a

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  103 Fox Run, Westcliffe, CO 81252
• 

  

  /26

  $68,500

  • Land
  • 5.6 Acres
  • $12,232 per Acre

  146 Shawnee Trail, Westcliffe, CO 81252

  A unique 5.6-acre lot that captures the diverse landscapes of the Rocky Mountains.The southern half of the property features a spectacular rocky outcropping, providing a private mountain experience with exceptional 360-degree views. This vantage point includes the Sangre de Cristo range to the west, the Collegiate Peaks to the north, the Spanish Peaks to the south, and extensive views of the Wet

  KAYLA BRADY Homesmart Preferred Realty (Westcliffe)

  146 Shawnee Trail, Westcliffe, CO 81252
• 

  

  /8

  $259,000

  • Land
  • 35.27 Acres
  • $7,343 per Acre

  Lot 25 Elk Crossing, Westcliffe, CO 81252

  Welcome to Majestic Peaks Ranch, where the untamed beauty of Southern Colorado stretches as far as the eye can see—and dreams are measured in acres, freedom, and sky. This brand-new, gated subdivision unveils 59 extraordinary 35+ acre parcels, each commanding a front-row seat to the towering Sangre de Cristo Mountains, the distant Spanish Peaks, Collegiate Peaks, Pikes Peak, and the rolling Wet

  Tammy Williams Exp Realty Llc

  Lot 25 Elk Crossing, Westcliffe, CO 81252
• 

  

  /34

  $249,000

  • Land
  • 48.96 Acres
  • $5,086 per Acre

  LOT 29 Eagle Springs Rd, Westcliffe, CO 81252

  Discover the freedom and beauty of wide-open space with this 48.96-acre parcel in the desirable Eagle Springs Ranch. This undeveloped property offers sweeping mountain vistas, with the Sangre de Cristo Mountains rising to the southwest and the Wet Mountains stretching to the east, creating stunning sunrises and sunsets in every season. Gently rolling terrain and native grasses make this an ideal

  Kimberly Powers Summit & Main Realty Group

  LOT 29 Eagle Springs Rd, Westcliffe, CO 81252

Showing Results 121 - 160, Page 4 of 5