$11,000,000 Price Analysis   ♡   Colorado Springs, CO 80924 11 bed 6 bath 4,270 SqFt ($2576/SqFt) 38.0 acre lot. Built 1909 Listed 2024-04-16 | Ⓧ USDA Ineligible due to price & location near Colorado Springs |
MAPPING: Please use 8260 Crown Lane
Colorado Springs, CO, for Google Maps etc. PRICING: Seller will consider offers through 5/15 with an accepted price dependent upon terms. One of two adjacent properties; see second prcel MLS ID #2980985. Can be purchased together or separately. OVERVIEW: Once in a generation opportunity to own the Historic Peacock Ranch! Property has been under the same ownership for 70+ years. Buy as your own private estate, ranch or ag operation - OR - as a residential development with multifamily, high density single family residential, and/or estate lots. SIZE: Property totals ~38 acres. Adjacent property is 10 acres (for a total of 48 acres). SURROUNDING AREA: - Great access to Powers Boulevard and Briargate/Research Parkway. - Shopping, restaurant, entertainment within minutes.
- Academy District 20 Schools 0.25 miles to the east (Village Middle School and Ranch Creek Elementary). Liberty High School 1.5 miles away. - Surrounded by Wolf Ranch, Cotton Wood Creek, Wolf Ranch Rec Cntr, trails. ZONING and DEV: Annexation: For the subdivision and development into densities with lot sizes < 5 acres, property needs to be annexed into CO Springs. The property is part of CO Springs growth area for Newer Developing Neighborhood in the 2020 Vision Map. The City is supportive of annexation. Existing: The property is zoned RR5 within El Paso County allowing the subdivision into 5 acre parcels and estate homes. See attached El Paso County zoning map. UTILTIES: CSU water and sewer are INSTALLED. Runs from Tutt Blvd to James Creek Dr.; FOUR 12 connections exist with gate valves to ready for development. NO cost recovery by the City on these connections per agreement. 2 natural gas line also parallel to site. Electric + fiber at Tutt Blvd and Crown Lane. WATER RIGHTS: Domestic well developable through County. STRUCTURES: All structures are being sold as is.
Property MLS #8222733 from REcolorado
Bedrooms On Basement Level: 1
Bedrooms On Main Level: 10
Bedroom 1 Level: Main
Bedroom 2 Level: Basement
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Bedroom 5 Level: Main
Bedroom 6 Level: Main
Bedroom 7 Level: Main
Bedroom 8 Level: Main
Bedroom 9 Level: Main
Bedroom 10 Level: Main
Full Bathrooms: 3
1/2 Bathrooms: 2
3/4 Bathrooms: 1
Bathrooms On Main Level: 6
Bathroom (Full) Level: Main
Bathroom (1/2) Level: Main
Bathroom (Full) 2 Level: Main
Bathroom (1/2) 2 Level: Main
Bathroom (3/4) Level: Main
Bathroom (Full) 3 Level: Main
Basement Description: Partial
Heating Features: Electric, Wood Stove
Patio And Porch Features: Deck
Road Frontage Type: Easement, Private Road, Public Road, Shared, Year Round
Road Responsibility: Private Maintained Road, Public Maintained Road
Road Surface Type: Dirt, Paved
Lot Size Acres: 38.0
Vegetation: Cleared, Grassed
Lot Size Square Feet: 1655280
Parking Features: Driveway-Dirt, Driveway-Gravel
Parking Total: 5
Elementary School District: Academy 20
High School: Liberty
High School District: Academy 20
Middle School: Timberview
Middle or Junior School District: Academy 20
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: El Paso
Current Use: Agricultural, Livestock
Directions: For electronic address mapping purposes, please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc. Take the E Woodman Road exit east from Powers Boulevard. Take first left (light) at Tutt Boulevard going north. Follow Tutt Boulevard around roundabout going west and north again. Once crossing over Cottonwood Creek where road goes from 4 to 2 lanes, meet at parking area by ranch gate off to left. Broker must be in attendance for all property tours.
Tax Year: 2022
Source Property Type: Residential
Exclusions: Negotiable.
Source Neighborhood: Historic Peacock Ranch
Parcel Number: 53060-00-002
Subdivision: Historic Peacock Ranch
Zoning: RR-5 CAD-O
Property Subtype: Single Family Residence
Source System Name: C2C
$11,000,000
REcolorado
Listed 2024-04-16
$1
REcolorado
Year Built: 1909
Above Grade Finished Area: 3790
Below Grade Unfinished Area: 480.00
Construction Materials: Frame
Direction Faces: South
Levels: One
Property Age: 115
Property Condition: Fixer
Roof: Metal
Structure Type: House
Sewer: Public Sewer, Septic Tank
Cable Available
Electricity Available
Electricity Connected
Electricity To Lot Line
Natural Gas Available
Phone Available
Water Source: Private, Public, Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.