$5,000,000 Valuation Analysis   ♡   Colorado Springs, CO 80924 Unknown bed 0 bath unknown SqFt ($0/SqFt) 10.0 acre lot. Listed 2024-04-17 | Ⓧ USDA Ineligible due to property 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 parcel MLS ID #8222733. 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 ~10 acres. Adjacent property is 38 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 mil es 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. ACCESS: Two points of access at Tutt Blvd/Crown Lane (east end) and Jams Creek Drive (west end).
Property MLS #2980985 from REcolorado
Road Frontage Type: Easement, Private Road, Shared, Year Round
Road Responsibility: Private Maintained Road
Road Surface Type: Dirt
Lot Size Acres: 10.0
Vegetation: Cleared, Grassed
Lot Size Square Feet: 435600
High School District: Academy 20
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: El Paso
Current Use: Agricultural, Livestock, Open Range, Vacant
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: Land
Exclusions: N/A.
Possible Use: Agricultural, Leased, Livestock, Multi-Family, Open Range, Residential, Vacant, Vineyard
Source Neighborhood: Historic Peacock Ranch
Parcel Number: 5306000052
Subdivision: Historic Peacock Ranch
Zoning: RR-5 CAD-O
Property Subtype: Unimproved Land
Source System Name: C2C
$5,000,000
REcolorado
Sewer: Public Sewer
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Water Source: Public
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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.