Property Attributes
- MLS#6237993
- TypeSingle Family
- Listing Status Active
- CountyEL PASO
- CityPeyton
- NeighborhoodPeyton
- Zip80831
- StyleSingle Family
- Year Built1994
- Taxes$ 4089
- Price$ 2,900,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3554
- Lot Size39.4 Acres
Data Source:
elevateMLS
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.
| Price History | |
|---|---|
| 7/27/2026 | Listed $2,900,000 |
General Features
| Living Area | 3554.0 |
|---|---|
| Sewer | Septic |
| Heating | Forced Air,Natural Gas |
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | Electricity Connected,Natural Gas Connected,Telephone |
| Roof | Composite Shingle |
| Appliances | Dishwasher,Disposal,Dryer,Kitchen Vent Fan,Microwave Oven,Oven,Refrigerator,Washer |
| HOA Fee | 0.0 |
| Patio/Porch Features | Concrete,Covered,Enclosed |
| Year Built | 1994 |
| Miscellaneous | Auto Sprinkler System,Central Vacuum,High Speed Internet Avail.,Horses (Zoned),Kitchen Pantry,RV Parking,Window Coverings,Workshop |
| Property Subtype | Single Family |
| Tax Year | 2025 |
| Parcel Number | 4233000028 |
| ConstructionStatus | Existing Home |
| Assoc Fee Paid Per | Not Applicable |
| County | El Paso |
| Property Type | Residential |
| HOA | No |
| Other Structures | Shop,Storage Shed,See Prop Desc Remarks |
| Full Baths | 1 |
| Status | Active |
| City | Peyton |
| High School District | District 49 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 1716264.0 |
| Property Attached Y/N | No |
| Tax Annual Amount | 4089.31 |
| Lot Description | Mountain View,Rural,View of Pikes Peak |
| MLS Area Minor | Falcon |
| Additional Parcels Y/N | No |
| Virtual Tour | https://show.tours/5NhwFmfD |
| Assessments Y/N | No |
| Structure Type | Framed on Lot,Frame |
| Standard Status | Active |
| AttributionContact | (719) 749-1744 |
Interior Features
| Interior Amenities | 5-Pc Bath,6-Panel Doors,Great Room |
|---|---|
| Basement | Partial Basement |
| Flooring | Wood Laminate |
| Fireplace Features | Gas,Main Level,One |
| Entry | Wood Laminate |
| Window Features | Vinyl |
| Above Grade Finished Area | 2152.0 |
| 3/4 Baths | 2 |
| Laundry Features | Electric Hook-up,Main |
| Total Bedrooms | 4 |
| Total Baths | 3 |
Exterior Features
| Siding | Stucco |
|---|---|
| Water Source | Water Rights,Well |
| Total Parking | 18.0 |
| Landscaped | Front |
| Driveway | Concrete,Paved |
| Garage Type | Attached,Detached |
| Well | Domestic,Irrigation |
| Lot Size | 39.4 |
| Building Area Total | 3628.0 |
| Lot Size Acres | 39.4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Pueblo Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be