Land · Active

8305 Blue Gill Drive

Peyton, CO 80831

$2,500,000

Unimproved Land

Property Type

12.65 acres

Lot Size

6624999

MLS #

About This Property

Two adjoining parcels marketed together: 8305 Blue Gill Dr, 6.93 acres; and 8205 Mallard Dr, 5.72 acres. Combined 12.65 acres.

Picture this: Pikes Peak on the horizon, aircraft at your doorstep and 12.65 acres ready for your aviation vision. On the west side of Meadow Lake Airport (KFLY), these two lots offer something increasingly difficult to find along Colorado's Front Range: fee-simple land ownership—not a ground lease—with recorded through-the-fence airport access.

Create the aviation property you have imagined. A private hangar campus. Aircraft storage. An owner-user headquarters. Maintenance, training, or fueling FBO services. This expansive site gives pilots, aviation businesses, developers and investors room to think bigger, subject to approvals and buyer verification.

Meadow Lake is a privately owned, public-use FAA-designated regional reliever airport with 479 based aircraft. The airport's 6,001 x 60-ft paved primary runway is complemented by a 5,001 x 200-ft turf runway and a 2,126 x 35-ft asphalt/gravel crosswind runway. This active aviation community includes repair services, flight instruction, rentals, sales, towing and glider activity. 100LL is available.

The parcels sit on the airport's less densely developed west side near Runway 15/33, with a through-the-fence access. Blue Gill Drive is paved and offers convenient access toward Highway 24, Falcon and Colorado Springs.

Bring your aircraft, your business plan and your imagination. This is more than vacant land—it is the chance to own a substantial piece of Colorado aviation real estate and shape what comes next. All concepts, access design, utilities and development are subject to buyer verification and applicable approvals.

69 days on market

Listed by Troy Paggen · RE/MAX Alliance · realtor@troypaggen.com,720-935-0199

Last updated: 8/17/2026 5:12 PM · Source: REcolorado®, MLS#: 6624999

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision Meadow Lake Estates
MLS # 6624999
Days on Market 69

More Details

Lot Size (Sq Ft) 551,034
Acres 12.65
HOA No
Annual Taxes $3,216
State CO
County El Paso
Zoning R-4 GA-O

Building & Lot

Lot Features Level
Water Source Well

Terms & Other

Special Conditions None Known

Location

Price History

DateEventPrice
8/17/2026 Listed for sale
Source: REcolorado® #6624999
$2,500,000

Based on information submitted to the MLS GRID as of October 25, 2026 at 7:04 AM 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.

Listing information last updated August 17, 2026 at 5:12 PM.

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