40 Acres in Black
For Sale
$699,900
Lot 1 Steppler Road, Colorado Springs, CO 80908
Prime land opportunity in a fast-growing, sought-after area.
Property SizeContact for details
Days on Market441
Property Features for Lot 1 Steppler Road
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$79
Listing Agency:
LIV SOTHEBY'S INTERNATIONAL REALTY
Listed By:
MICHAEL TURNER · License #FA100047743
(719) 434-0199
Source:
Corcoran
Added: Jun 24, 2025
Changed: Mar 16
Last Checked: Jul 22 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This 40-acre property features rolling green meadows, views of a neighboring pond, and Pikes Peak views. Parcels of this size are uncommon. The property is zoned RR-5 and could be subdivided into eight 5-acre parcels with El Paso County approval, or potentially sixteen 2.5-acre parcels with county approval on a rezone and subdivision. Water rights in all four aquifers are available for adjudication and augmentation. Located in School District 38, the property is near Flying Horse North Golf Course and Kings Deer Golf Course, approximately 20 minutes from Colorado Springs and 45 minutes from Denver. It is located about 2 miles from Highway 83 and a short distance further to I-25, near the communities of Flying Horse North, High Forest Ranch, Settler Ranch, and Kings Deer. Low agricultural taxes help minimize holding costs. Wildlife includes antelope, deer, fox, and elk. There are no covenants or HOA. The property is zoned for horses, cattle, and outbuildings, and is located off a paved county-maintained road. This property is located in the Black Forest area.
Key Highlights
- 40‑acre parcel suitable for development or estate living with Pikes Peak views.
- Water rights available in all 4 aquifers.
- Potential for subdivision into multiple parcels (up to 16 with rezoning).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 80908, CO
22,811
Population
8,475
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
94.7 sq mi
ZIP Area
241
Density / Sq Mi
$136,117
Median Household Income
$66,840
Median Earnings
$1,460
Median Rent
$673,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime land opportunity in a fast-growing, sought-after area.
Where is this land located?
The property is located at Lot 1 Steppler Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 40‑acre parcel suitable for development or estate living with **Pikes Peak views**.; Water rights available in all 4 aquifers.; Potential for subdivision into multiple parcels (up to 16 with rezoning).
