Land · Active

Lot 1 Steppler Road

Colorado Springs, CO 80908

$675,000

Land

Property Type

40 acres

Lot Size

5323808

MLS #

About This Property

Prime development opportunity or estate style living on 40 acres with lush rolling green meadows, views of the large neighboring pond and phenomenal Pikes Peak views. Parcels of this size are unusual and rarely come on the market. This property could suit many uses - close-in ranch to build your dream home, land development into smaller parcels, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers.

The property is currently zoned RR-5 so the property could be subdivided into 8 parcels of 5 acre each with El Paso County approval. Possible subdivision into 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable and award winning School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course.

Only 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. Low agricultural taxes to keep holding costs minimal.

Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road.

This is a unique opportunity for an astute buyer or developer looking for prime land in the fast growing and sought after Black Forest area. No covenants or HOA. Zones for horses, livestock and other animals as well as outbuildings.

260 days on market

Listed by Michael Turner · LIV Sotheby's International Realty CO Springs · 719-578-8800

Last updated: 10/22/2026 4:14 PM · Source: elevateMLS, MLS#: 5323808

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Property Details

Key Details

Property Type Land
Status Active
MLS # 5323808
Days on Market 260

More Details

Lot Size (Sq Ft) 1,742,400
Acres 40
HOA Fee $0
Annual Taxes $79
Tax Year 2023
State CO
County El Paso

Building & Lot

Lot Features Level, Meadow
Water Source Well-Active

Terms & Other

Listing Terms Cash, Conventional, VA Loan

Location

Price History

DateEventPrice
2/10/2026 Listed for sale
Source: elevateMLS #5323808
$675,000
2/9/2026 Listed for sale
Source: REcolorado® #4723707
$675,000 -23.3%
10/28/2024 Sold
Source: elevateMLS #2919314
$880,000
10/28/2024 Sold
Source: REcolorado® #5617314
$880,000 -4.3%
9/4/2024 Listed for sale
Source: elevateMLS #2919314
$920,000
9/3/2024 Listed for sale
Source: REcolorado® #5617314
$920,000 +240.7%
12/31/2015 Sold
Source: elevateMLS #8746175
$270,000 -10.0%
9/30/2015 Listed for sale
Source: elevateMLS #8746175
$299,900

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Listing information last updated October 22, 2026 at 4:14 PM.

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