Land · Active
Peyton, CO 80831
$4,999,999
Improved Land
Property Type
35 acres
Lot Size
2883651
MLS #
About This Property
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.
494 days on market
Listed by Catherine Brown-Swain, Colorado lifestyle Properties · 719-649-4515 and Susan Myers, MODUS Real Estate
Property Details
| Property Type | Land |
| Sub Type | Improved Land |
| Status | Active |
| Subdivision | Colorado Springs |
| MLS # | 2883651 |
| Days on Market | 494 |
| Lot Size (Sq Ft) | 1,524,600 |
| Acres | 35 |
| HOA | No |
| Annual Taxes | $930 |
| State | CO |
| County | El Paso |
| Zoning | RR-5 |
| Lot Features | Level, Meadow, Sloped, Subdivided |
| Sewer | Septic Tank |
| Water Source | Well |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/7/2026 |
Price change Source: elevateMLS #8842606 |
$4,999,999 -9.1% |
| 6/16/2025 |
Listed for sale Source: REcolorado® #2883651 |
$5,500,000 |
| 6/15/2025 |
Listed for sale Source: elevateMLS #8842606 |
$5,500,000 |
Based on information submitted to the MLS GRID as of October 22, 2026 at 9:44 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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