10985 E Highway 24, Peyton, CO 80831

Local realty services provided by:ERA Shields Real Estate
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

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Home facts

  • Listing ID #:8842606
  • Added:242 day(s) ago
  • Updated:February 11, 2026 at 03:12 PM

Structure and exterior

  • Lot area:35 Acres

Utilities

  • Water:Well-Active

Finances and disclosures

  • Price:$5,500,000
  • Tax amount:$929 (2024)
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