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Land with Mountain Views
For Sale
$209,900
Pending

1715 Terri Lee Drive, Peyton, CO 80831

5.08-acre lot with water rights near Colorado Springs.

Property SizeContact for details
Days on Market388

Property Features for 1715 Terri Lee Drive

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,908

Amenities

Backs to Open Space
Level
Meadow
Listing Agency: ROCKY MOUNTAIN LIVING COLORADO
Listed By: LORRAINE AMOS · License #100031716
Source: Corcoran
Added: Aug 12, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:53AM

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 ROCKY MOUNTAIN LIVING COLORADO

Investment Insights

Based on property information with market context.

Located just east of Colorado Springs, near Schriever and Peterson SFB, this 5.08-acre lot in Davis Ranch offers unobstructed views of Pikes Peak and the entire Mountain Range. Situated at the end of a cul-de-sac, the property has open space to the East. Water rights are included, with .55-acre feet transferred via a quit claim deed at closing (.27-acre feet for household use; .25-acre feet for a maximum of 4300 square feet of lawn area; .03-acre feet for a maximum of two horses). A well is already drilled. The covenants allow horses. The lot provides space for a barn, extra garage, and/or ADU. HUD standard manufactured or Modular homes are not allowed.

Key Highlights

  • Spectacular unobstructed views of Pikes Peak and the entire Mountain Range.
  • Includes valuable water rights (.55‑acre feet) for household use, lawn, and horses.
  • Well is already drilled and ready for use.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Kitchen & Bath Showroom Pet Store Bed & Breakfast 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

Demographics for 80831, CO

32,823
Population
11,148
Households
2.9
Avg Household Size
37
Median Age
41%
College-Educated
97%
High-School Grad
188.6 sq mi
ZIP Area
174
Density / Sq Mi
$128,900
Median Household Income
$61,421
Median Earnings
$2,388
Median Rent
$495,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 5.08-acre lot with water rights near Colorado Springs.
Where is this land located?
The property is located at 1715 Terri Lee Drive Peyton, CO.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Spectacular unobstructed views of Pikes Peak and the entire Mountain Range.; Includes valuable water rights (.55‑acre feet) for household use, lawn, and horses.; Well is already drilled and ready for use.
More about this property
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