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40 Acres in Black Forest
For Sale
$675,000

Lot 1 Steppler Road, Colorado Springs, CO 80908

Prime land with development potential and Pikes Peak views.

Property SizeContact for details
Lot Size40.00 Acres
Days on Market257

Property Features for Lot 1 Steppler Road

General Information

Standard status Active
Lot size 40.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $79

Amenities

Level
Meadow
Listing Agency: LIV Sotheby's International Realty
Listed By: MICHAEL TURNER · License #FA100047743
Source: Corcoran
Added: Feb 11 Changed: Oct 25 Last Checked: Jul 16 at 5:16AM

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

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Investment Insights

Based on property information with market context.

This 40-acre property offers a development opportunity or estate-style living with rolling green meadows, views of a neighboring pond, and Pikes Peak views. Parcels of this size are uncommon. The property could suit many uses, including a close-in ranch for a dream home, land development into smaller parcels, a future investment, or an equestrian estate. Water rights in all 4 aquifers are available for adjudication and augmentation. The property is currently zoned RR-5, allowing for potential subdivision into 8 parcels of 5 acres each, subject to El Paso County approval. Subdivision into 16 parcels of 2.5 acres each may be possible with county approval on a rezone and subdivision. The property is located in School District 38, 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. The area features wildlife, including antelope, deer, fox, and elk. There are no covenants or HOA. The zoning allows for horses, cattle, and outbuildings. The property is located off a paved county-maintained road, presenting a unique opportunity for a buyer or developer seeking land in the Black Forest area. The property is zoned for horses, livestock, other animals, and outbuildings.

Key Highlights

  • 40

Property Analytics

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Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Gym & Fitness Center Bed & Breakfast Clothing & Fashion Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Prime land with development potential and Pikes Peak views.
Where is this agricultural land / farmland 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 $675,000.
What are key features of this property?
This property features: 40
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