Recreational & Residential Land for Sale in Colorado Springs, Colorado
Peyton Hwy, Colorado Springs, CO 80928
Amazing investment opportunity - expansive 148 acre ranch in the very desirable and fast moving Colorado Springs market. El Paso County is one of the highest growth counties in the nation. Located south of Schriever Air Force Base and east of Fountain in the path of the future growth of Colorado Springs. Properties nearby are annexing into the city of Colorado Springs for high density developments so this property has massive future development value for subdivision or small acreage property development with the city and county approval. Amazing Pikes Peak and mountain views. All paved and county maintained roads to the property. This property has no covenants. Only 5 minutes to Schriever AFB, 10 minutes to Fountain, 15 minutes to Colorado Springs Airport. Close proximity to the future Williams Creek Reservoir which will be 800 acres and the largest body of water in El Paso County and should allow boating/fishing. Close proximity to the new Colorado Springs Utilities Southern Delivery Water System. The property currently has inexpensive agricultural property taxes. Water rights shall be included and transferred with sale.
- Listed by Michael Turner, (719) 599-8500, LIV Sotheby's International Realty
Location
- Street address
- Peyton Hwy
- County
- El Paso County
- School district
- Ellicott 22
- Elevation
- 5,770 feet
Directions
Property runs between Milne and Peyton Highway
Property details
- Acreage
- 148.48 acres
- Zoning
- A-35
- MLS #
- REcolorado 9083495
- Posted
Property taxes
- 2024
- $66
Parcels
- 35000-00-316
Legal description
TR LOCATED IN SEC 20-15-60 DESC AS FOLS;BEG AT THE N4 COR OF SD SEC 20,TH S00<04'59"E 2640.34FT ALG THE E LN OF THE NW4 OF SD SEC 20 TO THE CENTER COR OF SD SEC 20, S00<05'26"E 1324.48FT ALG THE E LN OF THE SW4 OF SD SEC 20 TO A PT ON THE N LN OF THE S2S2 OF SD SEC 20, S89<10'24"E 1314.48FT ALG THE N LN OF THE S2S2 OF SD SEC 20 TO THE SE1/16 COR OF SD SEC 20, S89<31'32"E 1314.48FT ALG THE N LN OF THE S2S2 OF SD SEC 20 TO THE E LN OF THE SE4 OF SD SEC 20, S00<10'06"E 426.70FT ALG THE E LN OF THE SE4 OF SD SEC 20, N89<15'41"W 5259.26FT TO A PT ON THE W LN OF THE SW4 OF SD SEC 20, N00<00'01" E 426.68 FT ALG THE W LN OF THE SW4 OF SD SEC 20 TO THE S1/16 COR OF SD SEC 20 & SEC 19-15-63, S89<15'54"E 1314.50FT ALG THE N LN OF THE S2S2 OF SD SEC 20
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Terms
- Cash, Conventional, VA Loan
- Possession
- Closing/DOD
Lot
- View
- Mountain(s)
- Well Type
- Not Drilled
- Features
- Level, Meadow
Exterior
- Horses Allowed
- Yes
Structure
- Water
- Well
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Private Well | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 19, 2026 | New listing | $475,000 | — | REcolorado |
Payment calculator
Based on information submitted to the MLS GRID as of Apr 19, 2026 7:00 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