# 10985 E Highway 24, Peyton, CO 80831 > **TL;DR:** land, $4,999,999. Est. $26,741/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,999,999 | | Lot Size | 1,524,600 sqft (35.00 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $25,283 | | Estimated Insurance | $1,458 | | **Total** | **$26,741** | ## Property Highlights - 35.00 acre lot ## Description ### Agent Description DEVELOPMENT POTENTIAL! This 35-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. Located just minutes from both markets, the property sits in the heart of one of El Paso County's fastest-developing corridors, where residential subdivisions, retail centers, and mixed-use projects are rapidly expanding to meet increasing demand. With two existing wells and water rights, this property offers a critical head start in a region where water access often defines the pace and scope of development. Potential for a variety of commercial uses-including retail centers, light industrial, mixed-use developments, or even a master-planned community with integrated commercial zones. The proximity to Powers Boulevard, Highway 24, and the ever-expanding Falcon Town Center makes this parcel especially attractive for developers looking to serve the growing population east of Colorado Springs. The area is already seeing substantial investment in infrastructure and services, creating a strong foundation for future growth. Given its size, access to water, and prime location, this property is perfectly positioned to meet the region's surging demand. Access to a regional airport, as well as an international airport. This parcel offers the space, resources, and location to support a bold vision. ## Location - **Address:** 10985 E Highway 24, Peyton, CO 80831 - **County:** El Paso - **Coordinates:** 38.918449, -104.621303 - **Google Maps:** https://www.google.com/maps?q=38.918449,-104.621303 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ppar/8842606 ## Listing Agent - **Name:** Catherine Brown-swain RENE - **Brokerage:** Colorado Lifestyle Properties - **Phone:** 7196494515 - **Broker Phone:** (719) 649-4515 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/10985-E-US-Highway-24_Peyton_CO_80831_M13245-70498?f=listhub&s=PPARCO&m=8842606&c=propsimple) ## Photos ![10985 E Highway 24 - Photo 1](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f3107125437r.jpg) ![10985 E Highway 24 - Photo 2](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f243768147r.jpg) ![10985 E Highway 24 - Photo 3](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f2152922173r.jpg) ![10985 E Highway 24 - Photo 4](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f1468534979r.jpg) ![10985 E Highway 24 - Photo 5](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f2827847109r.jpg) ![10985 E Highway 24 - Photo 6](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f3419423770r.jpg) ![10985 E Highway 24 - Photo 7](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f58325493r.jpg) ![10985 E Highway 24 - Photo 8](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f1989266833r.jpg) ![10985 E Highway 24 - Photo 9](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f3047695279r.jpg) ![10985 E Highway 24 - Photo 10](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f1960541778r.jpg) ![10985 E Highway 24 - Photo 11](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f236700654r.jpg) ![10985 E Highway 24 - Photo 12](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f1243460793r.jpg) ![10985 E Highway 24 - Photo 13](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f1387782070r.jpg) ![10985 E Highway 24 - Photo 14](http://lh.rdcpix.com/eacc949615a49b12bf581856dd2f8b69l-f165968286r.jpg) --- **MLS#:** 8842606 | **Updated:** 2026-10-08 **Source:** listhub *Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/10985-e-highway-24-peyton-co-80831-8842606) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/10985-e-highway-24-peyton-co-80831-8842606#listing", "url": "https://www.propertysimple.ai/listing/10985-e-highway-24-peyton-co-80831-8842606", "name": "10985 E Highway 24, Peyton, CO 80831", "description": "DEVELOPMENT POTENTIAL! This 35-acre parcel presents a rare and strategic opportunity for developers seeking to capitalize on the explosive growth between Colorado Springs and Falcon. 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