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William Watson

bill@watsonrg.com +1(720) 463-0002

$2,900,000

Est. payment - /mo

4 Beds

3 Baths

3,628 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,628 sqft

Price per Sqft $799

Subdivision Falcon

MLS Listing ID 5368170

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1994

Lot Size 39.400 Acres

Acres 39.4

Property Sub-Type Single Family Residence

Property Description

Exceptional 39+ Acre Investment Property with Water Rights, Two Homes & Future Development Potential! Rarely does a property offer this combination of location, acreage, business flexibility, and long-term investment potential. Conveniently located just one mile from Highway 24 and only minutes from Falcon's shopping, dining, and services, this remarkable 39+ acre property offers endless possibilities. Zoned A-35, the property is ideal for business owners, investors, or those seeking a live/work lifestyle. With valuable water rights, extensive infrastructure, and subdivision potential (subject to county approval), this is a rare opportunity in one of the area's fastest-growing corridors. The beautifully remodeled ranch-style home features an open floor plan with breathtaking Pikes Peak and Front Range views, a spacious living room with a gas fireplace, a private primary suite with a five-piece bath, two additional main-level bedrooms, main-level laundry, and a finished lower level with a family room, additional bedroom and bath, plus flex space for a fifth bedroom, office, or storage. A second residence is ideal for multigenerational living, guests, rental income, or employee housing. The property also includes two wells, two septic systems (4- and 6-bedroom capacities), two electric meters, and a second homesite ready for a custom or modular home. Improvements include a 60' x 100' finished shop with a bathroom and a 50' x 40' insulated drive-through shop with concrete floors, a 12-foot overhang, and oversized overhead doors—perfect for RVs, trucks, heavy equipment, contractor operations, or recreational vehicles. Additional outbuildings further enhance the property's versatility. Whether you're expanding a business, creating a multigenerational estate, or investing for the future, this exceptional property delivers unmatched flexibility, extensive improvements, and outstanding development potential.

Location

State CO

County El Paso

Zoning A-35

Rooms

Basement Partial

Interior

Interior Features Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Five Piece Bath, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Living Room

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer

Exterior

Garage Spaces 12.0

Fence Fenced Pasture

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected

Waterfront Description Well

View Mountain(s)

Roof Type Shingle

Porch Covered, Patio

Private Pool No

Building

Lot Description Landscaped, Meadow, Sprinklers In Front, Suitable For Grazing

Story One

Sewer Septic Tank

Water Well

Schools

School District Elementary: District 49, Middle/Junior: District 49, High: District 49

Others

Senior Community No

Tax ID 42330-00-028

Special Listing Condition None Known

Virtual Tour https://show.tours/14200-judge-orr-rd

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Listed byThe Innovative Group LLC

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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14200 Judge Orr RD Peyton, CO 80831