10985 E Highway 24, Peyton, CO 80831

Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
10985 E Highway 24,Peyton, CO 80831
$5,500,000
Virtual Tour
  • 35 Acres
  • Lots / Land
  • Active
Listed by: catherine brown-swain rene
Office: colorado lifestyle properties
MLS#:8842606
Source:CO_PPAR

Price summary

  • Price:$5,500,000

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:8842606
  • Added:216 day(s) ago
  • Updated:January 17, 2026 at 04:08 PM

Structure and exterior

  • Lot area:35 Acres

Utilities

  • Water:Well-Active

Finances and disclosures

  • Price:$5,500,000
  • Tax amount:$929 (2024)
MLS Logo The information being provided by Pikes Peak REALTOR® Services Corp. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pikes Peak REALTOR® Services Corp.. Better Homes and Gardens Real Estate Kenney & Company is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Kenney & Company, a broker participant of Pikes Peak REALTOR® Services Corp.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pikes Peak REALTOR® Services Corp. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Copyright 2026 Pikes Peak REALTOR® Services Corp. All rights reserved.

New listings near 10985 E Highway 24