10985 E Highway 24, Peyton, CO, 80831

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$5,500,000

Highlights
Improved Land — Mobile Home
35.00 ac
10985 E Highway 24, Peyton, CO, 80831 listed by Catherine Brown-swain RENE
Active
MLS#: 8842606
Tour #3
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Space maker

Property Description

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.

Property Listed By

Catherine Brown-swain RENE
5154-946-917
230012406

Colorado Lifestyle Properties
5154-946-917
00027502

My husband and I live on a small ranch outside of Colorado Springs and we raise and show Reining Horses, Reined Cow Horses, and a few Buffalo. My husband is a 3rd generation native to the area, and I have resided in the Colorado Springs area since 1984. I specialize in Land, Ranch, and Horse Properties, and have also worked with water transactions. I live the lifestyle of the properties I represent. I believe Integrity and honesty are important values in doing business, and building a part...

Property Details

General Features

Land Type: Improved Land
Structures: Mobile Home

Lot Features

List Price: $5,500,000
County: El Paso
School District: District 49

Description

Lot SqFt: 1,524,600
Lot Description: 360-degree View, Level, Meadow, Rural, Sloping, View of Pikes Peak
Lot Location: Near Fire Station, Near Schools, Near Shopping Center
Street Description: Highway
Topography: Level, Meadow, Rolling, Sloping
Vegetation: Grass
Extra Features: Addl Water Rights, Fence-Perimeter, Horses Allowed, Manu Homes Allowed

Taxes, Utilities

Tax: $930
Total # Wells: 2
Utilities at Prop Line: Electricity Available
Existing Water: Well-Active
Water Available: Well

Additional Information

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