10985 E Highway 24, Peyton, CO 80831 (MLS # 8842606)

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PRICE $4,999,999 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 35.00 ac

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.

DAYS ON MARKET 424 LAST UPDATED 7/7/2026
YEAR BUILT 0 COMMUNITY Falcon
COUNTY El Paso STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

PRICE HISTORY
Prior to Jul 7, '26 $5,500,000
Jul 7, '26 - Today $4,999,999


ADDITIONAL DETAILS
AREA Falcon
LOT 35 acre(s)
LOT DESCRIPTION Level, Meadow, Sloped
TAXES 929.58
UTILITIES Electricity Available
VIEW Yes
VIEW DESCRIPTION Mountain(s), Panoramic
WATER Well
MORTGAGE CALCULATOR
   

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Listing provided by: Colorado Lifestyle Properties, 7196494515
bridgeMLS

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