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    2 Steppler Rd Colorado Springs, CO 80908

    For Sale
    $799,900

    40 acres in Black Forest with a spring-fed pond.

    Property Features for 2 Steppler Rd

    General Information

    Standard status
    Active

    Source: LIV SOTHEBY'S INTERNATIONAL REALTY CO SPRINGS Agent MICHAEL TURNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Black Forest Land with Pond

    This 40-acre property is located in the Black Forest area and features a 2-acre spring-fed pond. The land has lush, rolling green meadows and views of Pikes Peak. It is zoned RR-5, which allows for potential subdivision into 8 parcels of 5 acres each, or potentially 16 parcels of 2.5 acres each with county approval on a rezone and subdivision. Water rights in all 4 aquifers are available for adjudication and augmentation. The property is located in School District 38 and is near the Flying Horse North Golf Course and Kings Deer Golf Course. It is approximately 20 minutes from Colorado Springs and 45 minutes from Denver, 2 miles to Highway 83 and a short distance further to I-25. The property is located near the communities of Flying Horse north, High Forest Ranch, Settler Ranch and Kings Deer. The property has low agricultural taxes and is zoned for horses, cattle, and outbuildings. It is located off of a paved county-maintained road. Wildlife, including antelope, deer, fox, and elk, can be found on the property. There are no covenants or HOA.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Realty agency Clothing Store Hotel & Motel Gym & Fitness Department Store Discount Store Women's Store Bed & Breakfast Tailor Shop

    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
    -104.740464
    Latitude
    39.076123

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    FAQs

    What type of property is this?
    Land - 40 acres in Black Forest with a spring-fed pond.
    Where is this land located?
    The property is located at 2 Steppler Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - Rare 40-acre property featuring a 2-acre spring-fed pond and water rights in all 4 aquifers.; - Prime development opportunity with potential to subdivide into multiple parcels (up to 16 with rezoning and approval).; - Located in the desirable Black Forest area with phenomenal Pikes Peak views.
    (719) 578-8800
    Request Owner's contact information
    2 Steppler Rd 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
    2 Steppler Rd Colorado Springs, CO 80908
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