Milne Road, Colorado Springs, CO 80930

$2,500,000
List Price
$2,500,000
Status
Under Contract - Showing
MLS#
5837057
Price Change
▼ $250,000 1697193489
Days on Market
114
Lot Size
55,756,800
Acres
1280
County
El Paso

Property Description

Huge investment opportunity - expansive 1,280 acre ranch in the very desirable and fast moving Colorado Springs market. El Paso County is one of the highest growth counties in the nation. Located south of Schriever Air Force Base and east of Fountain in the path of the future growth of Colorado Springs. Properties nearby are annexing into the city of Colorado Springs for high density developments so this property has massive future development value for a high density subdivision or small acreage property development with the city and county approval. This property has no covenants. Only 5 minutes to Schriever AFB, 10 minutes to Fountain, 15 minutes to Colorado Springs Airport. Close proximity to the future Williams Creek Reservoir which will be the largest body of water at 800 acres in El Paso County and should allow boating/fishing. Close proximity to the new Colorado Springs Utilities Southern Delivery Water System. The western portion of the property is bordered by State of Colorado owned land. The property currently has inexpensive agricultural property taxes. See this one quickly as ranches of this size are vanishing. Water rights shall be included and transferred with sale. Three wells including one windmill well.

Additional Information

Lot Description
Backs to City/Cnty/State/Natl OS, Level, Meadow, Mountain View, Sloping, View of Pikes Peak
School District
Ellicott-22
Tax Year
2022
Tax
$166
Existing Water
Well-Active
Optional Notices
See Show/Agent Remarks
HOA Frequency
Not Applicable
Earnest Money
100000

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LIV Sotheby's International.


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