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