10985 E US Highway 24, Peyton, CO, 80831

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$5,500,000
New Listing

10985 E US Highway 24
Peyton, CO 80831

For Sale|Land|Active
Subdivision:
Colorado Springs
County:
El Paso
Call Now: 719-342-1500
Is this the listing for you? We can help make it yours.
719-342-1500
10985 E US Highway 2410985 E US Highway 2410985 E US Highway 2410985 E US Highway 24
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Monthly Payment (Est.)

$25,093
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This 40-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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Listing Snapshot
Price 
$5,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
35 Acres
Year Built 
N/A
MLS® Number 
2883651
Status 
Active
Property Tax 
$930
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Acres 
35
Additional Property Use 
Vacant
Sewer 
Septic Tank
Utilities 
Electricity AvailablePhone Available
Water Source 
PrivateWell
Zoning 
RR-5
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Exterior Features
Fencing 
FencedFull
Lot Features 
SlopedLevelMeadow
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Horse Allowed 
Yes
Roads 
Paved
School District 
District 49
Schools
School District
District 49
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Colorado lifestyle Properties longhornofcolorado@yahoo.com



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Colorado lifestyle Properties are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
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