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Residential Land with Mountain Views
For Sale
$785,000
Pending

940 Rangely Drive, Colorado Springs, CO 80921

Five-acre residential land ready for custom home construction.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market316

Property Features for 940 Rangely Drive

General Information

Standard status Pending
Lot size 5.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $11,271

Amenities

Sloping
Listing Agency: ROCKY MOUNTAIN REAL ESTATE INC
Listed By: CARRIE HILL · License #7861538
Source: Corcoran
Added: Oct 23, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:49PM

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 REAL ESTATE INC

Investment Insights

Based on property information with market context.

This is a 5-acre property suitable for residential construction. The site is positioned to provide unobstructed views of Cheyenne Mountain, Pikes Peak, and the Air Force Academy. The property is located close to town, offering both space and a peaceful environment. The building site is suitable for a walk-out design and is elevated above surrounding homes.

Key Highlights

  • Unobstructed views of Cheyenne Mountain, Pikes Peak, and the Air Force Academy.
  • 5 acre property in a prime location.
  • Ready to build your dream home with an award‑winning luxury home builder.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply HVAC Service Skin Care Clinic

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

67
Businesses Nearby

Demographics for 80921, CO

25,158
Population
10,412
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
49.0 sq mi
ZIP Area
513
Density / Sq Mi
$143,996
Median Household Income
$70,422
Median Earnings
$2,212
Median Rent
$647,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Five-acre residential land ready for custom home construction.
Where is this residential land & home lot located?
The property is located at 940 Rangely Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Unobstructed views of Cheyenne Mountain, Pikes Peak, and the Air Force Academy.; 5 acre property in a prime location.; Ready to build your dream home with an award‑winning luxury home builder.
More about this property
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