10985 E Highway 24, Peyton, CO 80831
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
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 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. This parcel offers the space, resources, and location to support a bold vision.
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Home facts
- Listing ID #:8842606
- Added:163 day(s) ago
- Updated:November 26, 2025 at 01:03 AM
Structure and exterior
- Lot area:40 Acres
Utilities
- Water:Well-Active
Finances and disclosures
- Price:$5,500,000
- Tax amount:$929 (2024)
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