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Land for Sale in Peyton, Colorado

8305 Blue Gill Dr, Peyton, CO 80831

$2,500,000
12.7 acres
Active sale
ago
Est $17,226/mo

Two adjoining parcels marketed together: 8305 Blue Gill Dr, 6.93 acres; and 8205 Mallard Dr, 5.72 acres. Combined 12.65 acres.

Picture this: Pikes Peak on the horizon, aircraft at your doorstep and 12.65 acres ready for your aviation vision. On the west side of Meadow Lake Airport (KFLY), these two lots offer something increasingly difficult to find along Colorado's Front Range: fee-simple land ownership—not a ground lease—with recorded through-the-fence airport access.

Create the aviation property you have imagined. A private hangar campus. Aircraft storage. An owner-user headquarters. Maintenance, training, or fueling FBO services. This expansive site gives pilots, aviation businesses, developers and investors room to think bigger, subject to approvals and buyer verification.

Meadow Lake is a privately owned, public-use FAA-designated regional reliever airport with 479 based aircraft. The airport's 6,001 x 60-ft paved primary runway is complemented by a 5,001 x 200-ft turf runway and a 2,126 x 35-ft asphalt/gravel crosswind runway. This active aviation community includes repair services, flight instruction, rentals, sales, towing and glider activity. 100LL is available.

The parcels sit on the airport's less densely developed west side near Runway 15/33, with a through-the-fence access. Blue Gill Drive is paved and offers convenient access toward Highway 24, Falcon and Colorado Springs.

Bring your aircraft, your business plan and your imagination. This is more than vacant land—it is the chance to own a substantial piece of Colorado aviation real estate and shape what comes next. All concepts, access design, utilities and development are subject to buyer verification and applicable approvals.

Location

Street address
8305 Blue Gill Dr
Zip code
80831
Community
Meadow Lake Estates
School district
District 49
Elevation
6,879 feet
Coordinates
38.9525, -104.5768

Directions

From I-25 in Colorado Springs, Exit Woodmen Road and head east for 6.7 Miles. Turn left on US-24E (north) for 1.7 miles, then right on Blue Gill. The turn is just before the traffic light at Judge Orr Rd.

Property details

Acreage
12.65 acres
Zoning
R-4 GA-O
MLS #
REcolorado 6624999
Posted

Property taxes

2025
$3,216

Parcels

  • 43050-01-008

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Ownership
Corporation/Trust
Terms
Cash, Conventional
Exclusions
None
Possession
Closing/DOD

Lot

Vegetation
Natural State
Road Frontage
Public
Road Surface
Paved
Road Responsibility
Public Maintained Road
View
Mountain(s)
Well Type
Not Drilled
Features
Level

Exterior

Fencing
None

Structure

Water
Well

Property utilities

CategoryTypeStatus
GasNatural GasAvailable
WaterPrivate WellAvailable

Listing history

DateEventPriceChangeSource
Aug 18, 2026New listing$2,500,000REcolorado
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This 12.65-acre property is located at 8305 Blue Gill Dr in Peyton, CO 80831. The land is available for sale, priced at $2,500,000 — $197,628 per acre.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 20, 2026 11:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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