Active

8254 Crown Lane

Colorado Springs CO, 80924

$11,000,000


$2,902.37 per sqft

Active

11 Beds

6 Baths

3,790 sqft

Residential

Built in 1909

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 #2980985. 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 ~38 acres. Adjacent property is 10 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.

STRUCTURES:
All structures are being sold as is.

8222733

MLS ID

April 16, 2024

Listed

July 13, 2024

Updated

Map

8254 Crown Lane
Colorado Springs CO, 80924

Interior Features

Total Stories

1


Bedrooms

11


Total Bathrooms

6


Full Bathrooms

3


Half Bathrooms

2


Three-Quarter Bathrooms

1


Floor Description

Tile, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Wood Burning Stove


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric, Wood Stove

Exterior/Building Features

Lot Size

38 Acres


Lot Features

Borders Public Land, Corner Lot, Greenbelt, Open Space, Subdividable, Suitable For Grazing


Roof

Metal


Sewer

Public Sewer, Septic Tank

School Information

School District

Academy 20


High School

Liberty


Elementary School

Legacy Peak

Other Property Details

Taxes

$1,432


Tax Frequency

Annually


Garage

Yes


Garage Spaces

5


Parking

Driveway-Dirt, Driveway-Gravel


Parking Total

5


View

Yes


View Description

City, Mountain(s)


County

El Paso


Water Source

Private, Public, Well


Pool

No


Zoning

RR-5 CAD-O

Listing History

Date

Event

Price

4/17/2024

Price Change

$11,000,000

1099999900%
Listed by Keller Williams DTC, John Hesse, Listing Contact: [email protected],720-454-8300 
 

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Data last updated 6:17 PM UTC, 7/13/2024

 

 

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