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$5,500,000
9 Days On Site

10985 E Highway 24
Peyton, CO 80831

For Sale|Land|Active
County:
El Paso
Listing courtesy of Colorado Lifestyle Properties: 7196494515
10985 E Highway 2410985 E Highway 2410985 E Highway 2410985 E Highway 24
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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 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 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
40 Acres
Year Built 
N/A
MLS® Number 
8842606
Status 
Active
Property Tax 
$929.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
40
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Exterior Features
Lot Features 
LevelSloped
Community Features
MLS Area 
Falcon
School District 
Falcon-49
Schools
School District
Falcon-49
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Colorado Lifestyle Properties: 7196494515



The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Copyright 2025
Last checked: 2025-06-25 04:14 AM UTC

Neighborhood & Commute
Source: Walkscore
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