Land · Active
Peyton, CO 80831
$4,999,999
Land
Property Type
35 acres
Lot Size
8842606
MLS #
About This Property
DEVELOPMENT POTENTIAL! 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. Access to a regional airport, as well as an international airport. This parcel offers the space, resources, and location to support a bold vision.
494 days on market
Listed by Catherine Brown-swain RENE, Colorado Lifestyle Properties · 719-649-4515 and Susan Myers ALC CDPE CNE GRI SFR, MODUS Real Estate
Property Details
| Property Type | Land |
| Status | Active |
| MLS # | 8842606 |
| Days on Market | 494 |
| Lot Size (Sq Ft) | 1,524,600 |
| Acres | 35 |
| HOA Fee | $0 |
| Annual Taxes | $930 |
| Tax Year | 2024 |
| State | CO |
| County | El Paso |
| Lot Features | Level, Meadow, Sloped |
| Water Source | Well-Active |
| Listing Terms | Cash, Conventional, Other, See Show/Agent Remarks |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/7/2026 |
Price change Source: elevateMLS #8842606 |
$4,999,999 |
| 6/15/2025 |
Listed for sale Source: REcolorado® #2883651 |
$4,999,999 -9.1% |
| 6/14/2025 |
Listed for sale Source: elevateMLS #8842606 |
$5,500,000 |
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