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40 Acres with Highway 24 Frontage - Live/Work Opportunity. Multi-generational living opportunity. Prime opportunity located along US-24 between Peyton and Calhan with excellent visibility and an easy commute to Colorado Springs. This 40-acre fully fenced property offers flexibility for residential living, small business operations, or a live/work setup. The property includes a well-maintained 3-bedroom, 2-bath home (960 sq ft, built in 1997) featuring an open kitchen and living area with vaulted ceilings and natural light throughout. The primary suite includes a walk-in closet and 4-piece bath with soaker tub, while two additional bedrooms and a second full bath provide functional living space. The land is set up for usability and expansion with open pasture, RV parking, and multiple functional outbuildings, including an oversized detached 2-car garage, workshop space. Acreage provides ample space for equipment, animals, storage, or future improvements. Property offers excellent highway frontage and visibility, making it attractive for home-based businesses, contractors, small operations, or buyers needing workspace and residential use together. The walk-out lower level with full kitchen and laundry creates additional flexibility for separate living quarters or rental potential. ***Rare opportunity***: The adjacent property at is also for sale by the same owner. Seller is open to discounted bundle pricing for buyers interested in purchasing both properties together, creating a unique opportunity for expanded residential, business, or investment use.
| DAYS ON MARKET | 27 | LAST UPDATED | 6/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1998 | COMMUNITY | None |
| COUNTY | El Paso | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Calhan |
|---|---|
| Jr. High School | Calhan |
| High School | Calhan |
| PRICE HISTORY | |
| Prior to Mar 25, '26 | $549,000 |
|---|---|
| Mar 25, '26 - Jun 12, '26 | $519,999 |
| Jun 12, '26 - Today | $518,999 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer |
| AREA | None |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Storage |
| HEAT | Forced Air, Propane |
| INTERIOR | Master Downstairs |
| LOT | 40 acre(s) |
| LOT DESCRIPTION | Meadow |
| PARKING | Gravel, Driveway, Detached |
| TAXES | 1533.6 |
| UTILITIES | Electricity Connected, Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Panoramic |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by: PAK Home Realty, 3039813519
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This IDX solution is (c) Diverse Solutions 2026.