10985 Highway 24 E
Peyton, CO 80831
(on 35 acres)
Local Information
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Description
DEVELOPMENT POTENTIAL! 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. Access to a regional airport, as well as an international airport. This parcel offers the space, resources, and location to support a bold vision.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 10985 Highway 24 E
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View Has a ViewView: Panoramic, View of Pikes Peak |
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Exterior Home Features Fencing: PerimeterVegetation: Grassed, See RemarksOther Structures: Mobile Home |
Surface & Elevation Topography: Level, Rolling, Sloping |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Land |
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Price List Price: $5,500,000 |
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MLS Status: Active |
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Direction & Address City: Peyton |
School Information Elementary School District: District 49Jr High / Middle School District: District 49High School District: District 49 |
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Listing Agent Listing ID: 8842606 |
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HOA Fee: No HOA Fee |
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Lot Area: 35 Acres |
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Listing Terms: Cash, Conventional, Other, See Show/Agent Remarks |
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Mls Number: 8842606Attribution Contact: 719-649-4515 |
Last check for updates: about 1 hour ago
Listing courtesy of Catherine Brown-swain RENE , (719) 649-4515
Colorado Lifestyle Properties
Susan Myers ALC CDPE CNE GRI SFR , (719) 209-0364
Source: elevateMLS, MLS#8842606
Also Listed on elevateMLS.
Price History for 10985 Highway 24 E
| Date | Price | Event | Source |
|---|---|---|---|
| 06/15/2025 | $5,500,000 | Listed For Sale | elevateMLS #8842606 |
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New Listings near 10985 Highway 24 E
Comparable Sales for 10985 Highway 24 E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.52 | Lot/Land | $240,000 | 08/29/25 | - | - | ||
1.86 | Lot/Land | $775,000 | 02/17/26 | - | - | ||
1.98 | Lot/Land | $365,000 | 07/17/25 | - | - | ||
3.05 | Lot/Land | $350,000 | 11/21/25 | - | - | ||
3.48 | Lot/Land | $325,000 | 10/31/25 | - | - | ||
3.53 | Lot/Land | $110,000 | 01/29/26 | - | - | ||
3.60 | Lot/Land | $129,000 | 10/07/25 | - | - | ||
3.79 | Lot/Land | $520,000 | 02/06/26 | - | - |
Assigned Schools
These are the assigned schools for 10985 Highway 24 E.
- Falcon Elementary School Of Technology
- PK-5
- Public
- 257 Students
5/10GreatSchools RatingParent Rating AverageWe love Falcon Elementary! The teachers and staff are so warm and welcoming, the small size of the school is perfect and just what we wanted for our child, and my child is thriving at school!Parent Review8mo ago - Falcon Middle School
- 6-8
- Public
- 937 Students
5/10GreatSchools RatingParent Rating AverageBoth of my kids have been to this school. One start in 7th grade and is now in high school...the other has been at falcon for all 3 years. Our kids has had great experiences at this school. Never had any problems with the teachers. For people who has kids with an IEP, this school greatly helped and supported my kids who both had in IEP, and are both great successful in there grades.Parent Review1y ago - Falcon High School
- 9-12
- Public
- 1248 Students
5/10GreatSchools RatingParent Rating AverageIt’s a pretty good school. Both my boys go here. I think it could use a better safety system because there’s a lot of fights that go one in the school especially in the bathrooms because there’s no cameras so maybe have security in the restrooms at all times to stop the fighting. But it is high school.Parent Review3mo ago 
Check out schools near 10985 Highway 24 E.
What Locals Say about Peyton
At least 60 Trulia users voted on each feature.
95 % Say car is needed
91 % Say parking is easy
89 % Say there's holiday spirit
84 % Say it's dog friendly
82 % Say yards are well-kept
81 % Say there's wildlife
73 % Say it's quiet
71 % Say kids play outside
68 % Say people would walk alone at night
61 % Say they plan to stay for at least 5 years
60 % Say neighbors are friendly
45 % Say there are sidewalks
33 % Say it's walkable to restaurants
31 % Say there are community events
28 % Say streets are well-lit
22 % Say it's walkable to grocery stores
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Catherine Brown-swain RENE , Colorado Lifestyle Properties
Agent Phone: (719) 649-4515
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 d/b/a elevateMLS.
10985 Highway 24 E, Peyton, CO 80831 is a lot/land. This property is currently available for sale and was listed by elevateMLS on Jun 15, 2025. The MLS # for this home is MLS# 8842606.