Improved Land for Sale in Calhan, Colorado

Extraordinary Live/Work Opportunity on 40 Acres with water rights (addition 440 acres available). This rare property offers unmatched flexibility with residential, agricultural, and commercial possibilities-all just 30 minutes from Colorado Springs and 90 minutes from Denver. Built in 2020, the centerpiece is over 34,000 sq. ft. of heated indoor space across two attached warehouse-style structures, supported by abundant utilities and infrastructure to accommodate large-scale operations, innovative ventures, or agricultural use. The main parcel spans 40 acres, with up to 440 additional contiguous acres available. Mixed-use zoning allows for subdivision and diverse development opportunities, with no HOA or covenants. The property includes approximately 300 acre-feet annually of adjudicated water rights, an irrigation well permitted for 130 acre-feet per year, and multiple ground-level storage tanks, ensuring reliable and abundant water access. Electrical capacity is extensive (contact agent for details), while propane storage and a wet wall cooling system support the expansive heated indoor space. A 4 bed, 2 bath home, built in 2019, provides comfortable living with all appliances included-refrigerator, stove, microwave, washer, dryer, and two freezers. Outdoor features include a 27'x12' redwood deck, covered porch, and storage area. Additional adjacent parcels include two 160-acre tracts and three 40-acre tracts, offering subdivision potential into 35-40 acre parcels, each eligible for two homes. Partially fenced, the land fronts Big Springs Road with additional access from Little Springs Road, which dead ends just past the property for a quiet, private setting. Well-maintained gravel roads provide easy access, just 2.5 miles from paved N. Ellicott Highway. With extensive infrastructure, water rights, acreage, and prime location, this property presents a truly unique opportunity for those seeking a large-scale live/work retreat, agricultural venture, or development.