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Investment Highlights

  • Approximately 750 acres directly in the path of development located on the eastern edge of the historically hot market of Colorado Springs.
  • 190 acres already zoned PUD and 3 approved Metro-Districts.
  • Approved Sketch Plan which allows for 3,261 residential units and has 3 existing Metro-Districts.

Executive Summary

Approximately 750 acres directly in the path of development located on the eastern edge of the historically hot market of Colorado Springs. The Meridian Ranch development of approximately 5,000 homes is right across the street and almost built out. Significant entitlement work has been done, including an approved Sketch Plan which allows for 3,261 residential units, 190 acres already zoned PUD and 3 approved Metro-Districts. The location on HYW 24 provides for very high visibility marketing and convenient access to military bases, defense contractors, other employers and the airport.

Property Facts

Price $23,285,069 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Planned Unit Development
Total Lot Size 750.00 AC
Zoning PUD/Ag - Planned unit development. Agricultural.

1 Lot Available

Lot

Price $23,285,069 CAD
Price Per AC $31,046.76 CAD
Lot Size 750.00 AC

Located in El Paso County, Colorado on the eastern edge of the historically hot market of Colorado Springs.

Description

Gently sloping prairie with fantastic views of the Rocky Mountains.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
  • Listing ID: 40264174

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: Eastonville/HYW 24, Falcon, CO 80831

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