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    16715 Papago Way Colorado Springs, CO 80908

    For Sale
    $299,000

    LAND - Colorado Springs, CO

    Lot size:
    5.30 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 16715 Papago Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.30 Acres

    Keller Williams Clients' Choice Realty (719) 535-0355 [email protected]

    Listing agent Elliot Bannister (719) 600-1199

    Listing date Jul 3, 2025

    MLS# 7089110 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Bordering Greenbelt with Trails

    This 5.3-acre lot borders a greenbelt that features hiking and horse riding trails. Located in a mature neighborhood within school district 38, the property allows for horses and 4-H animals, subject to covenants. The lot offers walkout home site potential and views of Pikes Peak. Situated on a quiet cul-de-sac road, the property includes water rights. It is located 20 minutes from Colorado Springs and 40 minutes from Denver.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Gym & Fitness Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.691795
    Latitude
    39.075238

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    FAQs

    What type of property is this?
    Land - 5.3 acre lot with hiking trails near Colorado Springs.
    Where is this land located?
    The property is located at 16715 Papago Way Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Borders greenbelt with hiking and horse riding trails.; - Located in award-winning School District 38.; - Covenants allow for horses and 4-H animals.
    (719) 600-1199
    Request Owner's contact information
    16715 Papago Way Colorado Springs, CO 80908
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    Colorado Springs, CO 80908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16715 Papago Way Colorado Springs, CO 80908
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