5.54 Acres Lot
5.54 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8227155
Annual Tax Amount $3,831
Tax Year 2024
Lot Size 5.540 Acres
Acres 5.54
Source Pikes Peak REALTOR® Services
Property Description
5.54-acre investment-grade parcel in Falcon Ranchettes offering strong upside potential and multiple exit strategies. Located at the end of a quiet cul-de-sac, this lot features unobstructed Front Range and Pikes Peak views—premium attributes that directly support higher resale value and end-buyer demand.
Key advantage: major infrastructure is already complete. A new septic system and on-site electric pedestal significantly reduce development timelines, upfront costs, and overall project risk. This allows for faster execution and less capital exposure compared to raw land.
Zoned RR-5 with no HOA, the property offers maximum flexibility—ideal for a high-end spec build, build-to-rent, custom home, or long-term hold. The acreage and zoning support higher-margin residential product in a market where usable land is becoming increasingly scarce.
The growth story is clear. The Meridian, Woodmen, and Powers corridor continues expanding with active commercial and residential development pushing east. This property sits directly in that path, positioning it for appreciation as demand and infrastructure continue to move outward.
Strong access, partial utilities in place, and surrounding development already underway make this a strategic acquisition—not speculative fringe land.
A historical well exists but is not currently permitted; buyer to evaluate feasibility and costs. Buyer to verify zoning, land use, and future development potential with El Paso County.
Bottom line: reduced development friction, flexible use, and located in a proven growth corridor—this is a calculated investment with clear paths to profit.
Location
State CO
County El Paso
Exterior
Utilities Available Electricity Available
Road Frontage Gravel
Building
Lot Description 360-degree View, Cul-de-sac, Level, View of Pikes Peak
Water Well-Active
Schools
Elementary Schools Bennett Ranch
Middle Schools Falcon
High Schools Falcon
School District District 49
Others
Tax ID 5301001007
Acceptable Financing Cash, Conventional, FHA, Owner Carry, VA, See Show/Agent Remarks
Listing Terms Cash, Conventional, FHA, Owner Carry, VA, See Show/Agent Remarks
Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=280240
Schools and Properties Nearby
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