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Active Land

10985 E US Highway 24

Peyton, CO 80831

RECOLORADO #2883651 Updated: Mar 13, 2026, 8:00pm
$5,500,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/13
$5,500,000

10985 E US Highway 24

Peyton, CO 80831
0
Beds
0
Baths
0
SqFt
35
Acres
RECOLORADO
#2883651
Updated: Mar 13, 2026, 8:00pm

Property Description

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.

Property Details

Construction
Also Marketed As
Land
Site & Exterior
Current Use
Vacant
Fencing
Full
Horse
Yes
Issued Well Permit Numbers
59890
Lot Features
LevelMeadowSlopedSubdividable
Lot Size Acres
35
Lot Size Area
35
Lot Size Square Feet
1524600
Lot Size Units
Acres
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Septic Tank
Utilities
Electricity AvailablePhone Available
Vegetation
Grassed
Water Included
Yes
Water Source
Well
Well Type
Operational
Well Usage
Domestic
Zoning
RR-5
Financials
Contract Earnest Check To
Empire Title
Contract Min Earnest
100000.00
Documents Available
Well Permit
Ownership
Individual
Parcel Number
53130-00-121
Special Listing Conditions
None
Tax Annual Amount
930
Tax Legal Description
TRACT IN W2 SEC 13-13-65 AS FOLS, COM AT SW COR OF SD SEC, TH N ON W LN THEREOF 715.73 FT TO INTSEC SELY R/W LN OF HWY 24, ANG R 28<25' NELY ON SD R/W LN 1515.98 FT FOR POB, ANG R 90< SELY 871.20 FT, ANG L 1750.02 FT, ANG L 871.20 FT TO INTSEC HWY 24 , TH ANG L ALG HWY 1749.67 FT TO POB
Tax Year
2024
Title Company
Empire Title

Neighborhood & Lifestyle

Community & Association
Subdivision Name
Colorado Springs
Schools
Ratings
Elem. District
District 49
Middle District
District 49
High District
District 49
Listing provided courtesy of RECOLORADO via IDX. Updated: Mar 13, 2026, 8:00pm.
Catherine Brown-Swain

Listing Agent

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