Lot/Land for Sale: 0 Tutt, Colorado Springs, CO 80924

mls #2980985
$5,000,000
$5,000,000
0 Tutt, Colorado Springs, CO 80924
mls #2980985
$5,000,000
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Price:
$5,000,000
$4,999,999 - 04/17/2024

Type Lot/Land
Lot Size 10.00 acres

City Colorado Springs
County El Paso
School District Academy 20
Subdivision Historic Peacock Ranch

MLS 2980985
Status Active
DOM 247 days
MAPPING: Please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc. PRICING: Seller will consider offers through 5/31 with an accepted price dependent upon terms. One of two adjacent properties; see second parcel MLS ID #8222733. Can be purchased together or separately. OVERVIEW: Once in a generation opportunity to own the Historic Peacock Ranch! Property has been under the same ownership for 70+ years. Buy as your own private estate, ranch, or ag operation - OR - as a residential development with multifamily, high density single family residential, and/or estate lots. SIZE: Property totals ~10 acres. Adjacent property is 38 acres (for a total of 48 acres). SURROUNDING AREA: - Great access to Powers Boulevard and Briargate/Research Parkway. - Shopping, restaurant, entertainment within minutes. - Academy District 20 Schools 0.25 miles to the east (Village Middle School and Ranch Creek Elementary). Liberty High School 1.5 miles away. - Surrounded by Wolf Ranch, Cotton Wood Creek, Wolf Ranch Rec Cntr, trails. ZONING & DEV: Annexation: For the subdivision and development into densities with lot sizes < 5 acres, property needs to be annexed into CO Springs. The property is part of CO Springs growth area for "Newer Developing Neighborhood" in the 2020 Vision Map. The City is supportive of annexation. Existing: The property is zoned RR5 within El Paso County allowing the subdivision into 5 acre parcels and estate homes. See attached El Paso County zoning map. UTILTIES: CSU water and sewer are INSTALLED. Runs from Tutt Blvd to James Creek Dr.; FOUR 12" connections exist with gate valves ready for development. NO cost recovery by the City on these connections per agreement. Extra 2" natural gas line also parallel to site. Electric + fiber at Tutt Blvd and Crown Lane. WATER RIGHTS: Domestic well developable through County. ACCESS: Two points of access at Tutt Blvd/Crown Lane (east end) and James Creek Drive (west end).

Lot & Building Features

Sewer City Sewer, Public Sewer
Tax Year 2022
Water City Water
Lot Corner Lot, Abuts Public Open Space, Abuts Private Open Space

Price History of 0 Tutt, Colorado Springs, CO

Date Name Price Difference
04/17/2024 Price Adjustment $5,000,000 499,999,900.00%
04/16/2024 Listing Price $1 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 0 Tutt, Colorado Springs, CO

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Listed by Keller Williams DTC, John Hesse & Richard Stang 303-771-7500
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0 Tutt (MLS #2980985) is a lot/land listing located in Colorado Springs, CO. This is a lot/land listing with a lot of 435,600 sqft (or 10.00 acres). This property was listed on 04/16/2024 and has been priced for sale at $5,000,000.

Nearby zip codes are 80908, 80918, 80920, 80923 and 80927. This property neighbors other cities such as Peyton.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: Keller Williams DTC

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES 2024