Land · Active

Walker Road

Colorado Springs, CO 80908

$4,430,000

Improved Land

Property Type

217.74 acres

Lot Size

8548086

MLS #

About This Property

Spanning 217.74 contiguous acres in the tranquil Black Forest ranch country northeast of Colorado Springs, this expansive portfolio represents a premier investment opportunity. With no covenants or association, this unencumbered land combines unmatched freedom with incredible development potential under flexible RR-5 zoning, which opens the door for strategic future subdivision. The ranch has already been surveyed into six distinct parcels, each offering its own unique profile. The diverse, dramatic landscape features rolling meadows, rich pastures, stands of mature pines, rock formations, natural springs, and seasonal ponds that attract deer, elk, antelope, and turkey.

Featuring some of the region’s most breathtaking views of Pikes Peak and the Front Range, the property sits just 28 miles north of the Colorado Springs Airport and a manageable 45-mile commute from the Denver Tech Center. Whether acquired as a sprawling single ranch, a multi-generational family compound, an equestrian haven, or a phased development project, a purchase secures a total of 24 acre-feet of valuable water rights across these six versatile parcels. The sellers have valued existing improvements at zero in the listing price, meaning they come with the land as gratis assets. These include several legacy outbuildings, an outstanding 40x40 3-stall horse barn built in 2004 (complete with a tack room, hay storage, and loft), and a charming 1914 2-bedroom, 2-bathroom home with hardwood floors.

While the house is fully livable and would make an amazing remodel project, buyers can also choose to develop from scratch across many potential home sites. The ranch has two wells, and an FAA-registered airstrip (no infrastructure or visible runway, and the airstrip needn't stay in use by a new owner).

16 days on market

Listed by AJ Mangum · Hayden Outdoors LLC · aj@haydenoutdoors.com,719-237-0243

Last updated: 10/7/2026 6:31 AM · Source: REcolorado®, MLS#: 8548086

Property Details

Key Details

Property Type Land
Sub Type Improved Land
Status Active
Subdivision None
MLS # 8548086
Days on Market 16

More Details

Lot Size (Sq Ft) 9,484,754
Acres 217.74
HOA No
Annual Taxes $756
State CO
County El Paso
Zoning RR-5

Building & Lot

Lot Features Many Trees, Meadow, Rock Outcropping, Subdivided, Suitable For Grazing
Sewer Septic Tank
Water Source Well

Terms & Other

Special Conditions None Known

Location

Price History

DateEventPrice
10/7/2026 Listed for sale
Source: REcolorado® #8548086
$360,000 -52.0%
10/6/2026 Listed for sale
Source: REcolorado® #8345975
$750,000
10/6/2026 Listed for sale
Source: REcolorado® #4742736
$750,000
10/6/2026 Listed for sale
Source: REcolorado® #4155920
$750,000 -40.5%
3/26/2025 Sold
Source: REcolorado® #8451486
$1,260,000
3/26/2025 Sold
Source: elevateMLS #9100648
$1,260,000 -8.7%
9/3/2024 Price change
Source: elevateMLS #9100648
$1,380,000
7/25/2024 Listed for sale
Source: REcolorado® #8451486
$1,380,000 -40.0%
7/25/2024 Listed for sale
Source: elevateMLS #9100648
$2,300,000 +300.0%
7/13/2023 Sold
Source: elevateMLS #2802341
$575,000 -11.5%
5/12/2023 Sold
Source: elevateMLS #5170499
$650,000 +13.0%
2/22/2023 Listed for sale
Source: elevateMLS #2802341
$575,000 -17.9%
7/28/2022 Listed for sale
Source: elevateMLS #5170499
$700,000 -24.3%
8/26/2021 Sold
Source: elevateMLS #2658827
$925,000
4/9/2021 Listed for sale
Source: elevateMLS #2658827
$925,000 +184.6%
2/28/2018 Sold
Source: elevateMLS #6343176
$325,000 -7.1%
1/10/2018 Price change
Source: elevateMLS #6343176
$349,900 -2.8%
9/25/2017 Listed for sale
Source: elevateMLS #6343176
$360,000 +50.0%
6/13/2016 Sold
Source: elevateMLS #2394930
$240,000 +50.0%
3/15/2016 Sold
Source: elevateMLS #6811123
$160,000 -5.8%
1/25/2016 Listed for sale
Source: elevateMLS #6811123
$169,900 -34.7%
9/30/2015 Listed for sale
Source: elevateMLS #2394930
$260,000

Based on information submitted to the MLS GRID as of October 23, 2026 at 5:03 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 October 7, 2026 at 6:31 AM.

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