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Usable Land with Mountain Views
For Sale
$350,000

24950 Cave Spring, Elbert, CO 80106

20-acre lot with utilities, water rights, and mountain views.

Property SizeContact for details
Lot Size20.11 Acres
Days on Market248

Property Features for 24950 Cave Spring

General Information

Standard status Active
Lot size 20.11 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,943

Amenities

Meadow
Listing Agency: Courtney Associates
Listed By: CAMILLE COURTNEY · License #100040486
Source: Corcoran
Added: Dec 30, 2025 Changed: Sep 4 Last Checked: Sep 4 at 8:47AM

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 Courtney Associates

Investment Insights

Based on property information with market context.

This 20-acre lot offers usable, level land with views of the Front Range. The property benefits from access via an Elbert County-maintained road and includes underground power installed to the lot line. The fees to Xcel for the installation of an electrical transformer onsite have been paid. The parcel is covered with native grasses. A well has not yet been drilled, but the owners have paid for an Upper Dawson well permit. The property includes 2 acre-feet per year of water for 100 years from the Upper Dawson in Case No. 18CW3061. Soil and perc tests have been completed and are available. The location is approximately 30 minutes from Colorado Springs, 20 minutes from Castle Rock, and 30 minutes from Parker.

Key Highlights

  • 20 acre lot with usable, level land and views of the Front Range.
  • Underground power installed to the lot line with fees paid for transformer installation.
  • Includes Upper Dawson well permit and 2 acre‑feet per year of water rights for 100 years.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick 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 80106, CO

4,547
Population
1,927
Households
2.4
Avg Household Size
49
Median Age
42%
College-Educated
98%
High-School Grad
172.8 sq mi
ZIP Area
26
Density / Sq Mi
$152,554
Median Household Income
$60,363
Median Earnings
$1,255
Median Rent
$666,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 20-acre lot with utilities, water rights, and mountain views.
Where is this agricultural land / farmland located?
The property is located at 24950 Cave Spring Elbert, CO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 20 acre lot with usable, level land and views of the Front Range.; Underground power installed to the lot line with fees paid for transformer installation.; Includes Upper Dawson well permit and 2 acre‑feet per year of water rights for 100 years.
More about this property
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