$58,000
$59,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
40 Acres Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $58,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2829273
Sold Date 05/31/24
HOA Y/N No
Annual Tax Amount $710
Tax Year 2023
Lot Size 40.000 Acres
Property Description
Nestled just east of Colorado Springs, this picturesque 40-acre ranch land offers a tranquil retreat with expansive views and abundant opportunities. The relatively flat terrain, devoid of any floodplains, presents a very buildable landscape, perfect for either residential, agricultural, or recreational use. With two arroyos converging in the center, the property features a periodic water channel that enhances the serene setting. It boasts an impressive 1320 feet of direct frontage on both County Road 22 and County Road 161, ensuring easy access and great potential for development. Fencing all around the perimeter jumpstarts its use for livestock, and power is readily available along the road, although water wells and septic systems would need to be installed. This parcel is free of deed restrictions, and situated in a flexible agricultural zoning area that allows for mobile, manufactured, and modular homes, as well as many commercial uses. The area is characterized by its peaceful, safe neighborhoods, low taxes, and an abundance of wildlife, making it an attractive investment. Additionally, its proximity to Colorado Springs places essential services and recreational spots within easy reach, ensuring convenience alongside rural charm. Whether you’re looking to build a new home, an expansive ranch, or seeking a splendid investment opportunity, this property promises potential and versatility on the edge of Colorado’s scenic landscapes.
Location
State CO
County Elbert
Area None
Exterior
Complex Features Fence-Perimeter, Manu Homes Allowed
Building
Lot Description Corner, Level, Rural
Water None
Schools
Middle Schools Simla
High Schools Simla
School District Big Sandy-100J
Others
Special Listing Condition Not Applicable
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