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Listed by Tina Kepenach MRP The Innovative Group, LLC
$ 2,900,000
Est. payment | /mo
39.4 Acres Lot
$ 2,900,000
Est. payment | /mo
39.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3146960
Construction Status Existing
Year Built 1994
Annual Tax Amount $4,089
Tax Year 2025
Lot Size 39.400 Acres
Acres 39.4
Property Sub-Type Other
Source Pikes Peak REALTOR® Services
Property Description
Exceptional 39+ Acre Investment Property with Water Rights, Two Homes & Future Development Potential! Rarely does a property offer this combination of location, acreage, business flexibility, and long-term investment potential. Conveniently located just one mile from Highway 24 and only minutes from Falcon's shopping, dining, and services, this remarkable 39+ acre property offers endless possibilities. Zoned A-35, the property is ideal for business owners, investors, or those seeking a live/work lifestyle. With valuable water rights, extensive infrastructure, and subdivision potential (subject to county approval), this is a rare opportunity in one of the area's fastest-growing corridors. The beautifully remodeled ranch-style home features an open floor plan with breathtaking Pikes Peak and Front Range views, a spacious living room with a gas fireplace, a private primary suite with a five-piece bath, two additional main-level bedrooms, main-level laundry, and a finished lower level with a family room, additional bedroom and bath, plus flex space for a fifth bedroom, office, or storage. A second residence is ideal for multigenerational living, guests, rental income, or employee housing. The property also includes two wells, two septic systems (4- and 6-bedroom capacities), two electric meters, and a second homesite ready for a custom or modular home. Improvements include a 60' x 100' finished shop with a bathroom and a 50' x 40' insulated drive-through shop with concrete floors, a 12-foot overhang, and oversized overhead doors—perfect for RVs, trucks, heavy equipment, contractor operations, or recreational vehicles. Additional outbuildings further enhance the property's versatility. Whether you're expanding a business, creating a multigenerational estate, or investing for the future, this exceptional property delivers unmatched flexibility, extensive improvements, and outstanding development potential.
Location
State CO
County El Paso
Interior
Furnishings Existing
Exterior
Road Frontage Paved
Building
Construction Status Existing
Others
Restrictions See Show/Agent Remarks
Tax ID 4233000028
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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