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Prime Development Land with Pond Views
For Sale
$675,000
Pending

Lot 1 Steppler Rd, Colorado Springs, CO 80908

40-acre parcel zoned RR-5 with access via a paved county-maintained road and potential for subdivision.

Lot Size40.00 Acres
Days on Market95

Property Features for Lot 1 Steppler Rd

General Information

Standard status Pending
Lot size 40.00 Acres
Property subtype Land
Zoning RR-5

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Water Rights Yes
Listing Agency: LIV Sotheby's International Realty CO Springs
Listed By: Michael Turner · License #FA100047743
Source: Elliman
Added: Apr 28 Changed: Jul 21 Last Checked: Jul 30 at 11:12AM

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 CO Springs

Investment Insights

Based on property information with market context.

This offering is a 40-acre agricultural land parcel with rolling green meadows and views of a large neighboring pond. The property is described as having Pikes Peak views and is currently zoned RR-5, which the remarks indicate could support subdivision into smaller parcels with El Paso County approval, including an option noted for 5-acre and 2.5-acre configurations subject to required approvals. The land is also noted as having water rights in all four aquifers that are available for adjudication and augmentation.

The property is located about 2 miles from Highway 83, with further access to I-25 described in the remarks. It sits near Flying Horse North Golf Course and Kings Deer Golf Course and is close to communities including Flying Horse north, High Forest Ranch, Settler Ranch, and Kings Deer.

The remarks further state there are no covenants or HOA, and the property is zoned for horses, cattle, and outbuildings.

Key Highlights

  • 40‑acre parcel zoned RR‑5, with potential subdivision into 8 parcels of 5 acres each (El Paso County approval).
  • Potential subdivision into 16 parcels of 2.5 acres each with county approval, including a rezone and subdivision.
  • Water rights in all 4 aquifers available for adjudication and augmentation to support ground water in all four aquifers.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Gym & Fitness Center Clothing & Fashion 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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Water rights

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
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?
Agricultural land / Farmland - 40-acre parcel zoned RR-5 with access via a paved county-maintained road and potential for subdivision.
Where is this agricultural land / farmland located?
The property is located at Lot 1 Steppler Rd 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‑acre parcel zoned RR‑5, with potential subdivision into 8 parcels of 5 acres each (El Paso County approval).; Potential subdivision into 16 parcels of 2.5 acres each with county approval, including a rezone and subdivision.; Water rights in all 4 aquifers available for adjudication and augmentation to support ground water in all four aquifers.
More about this property
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