Last Sold Price
5,227,200 Lot Size120 Acres

Description

Spectacular investment in the quickly growing and very desirable Black Forest area! Prime development opportunity - 120 acre ranch with gorgeous rolling green meadows and phenomenal Pikes Peak views. Parcels of this size are unusual and rare to come on the market. This property could suit many uses - close-in ranch to build your dream home, land development, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation...Spectacular investment in the quickly growing and very desirable Black Forest area! Prime development opportunity - 120 acre ranch with gorgeous rolling green meadows and phenomenal Pikes Peak views. Parcels of this size are unusual and rare to come on the market. This property could suit many uses - close-in ranch to build your dream home, land development, future investment, equestrian estate - the possibilities are endless. Water rights in all 4 aquifers are available for adjudication and augmentation and would provide an abundance of ground water in all four aquifers. The property can be subdivided without any governmental approvals into 35+ acre parcels by a simple survey. The property is currently zoned RR-5 so the property could be subdivided into 24 parcels of 5 acre each with El Paso County approval. Possible subdivision into 48 parcels of 2.5 acres each with county approval on a rezone and subdivision. Located in desirable School District 38. Close proximity to Flying Horse North Golf Course and Kings Deer Golf Course. Within 20 minutes to Colorado Springs or 45 minutes to Denver. Located only 2 miles to Highway 83 and a short distance further to I-25. Located near the upscale communities of Flying Horse north, High Forest Ranch and Kings Deer. Low agricultural taxes to keep holding costs low. Amazing wildlife with herds of antelope, deer, fox and elk. No covenants or HOA. Zoned for horses, cattle and outbuildings. Located off of a paved county maintained road. This is a unique opportunity for an astute buyer or developer.
LISTING CLOSED: 03/26/2025 12:00 AM

Property Details for Walker Road

Status
MLS #
8451486
Days on Compass
143
Taxes
$79 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
120.00 AC
Architectural Style
Level, Meadow, Paved
View
Mountain(s)
Subdivision Name
none
Association
No

Recent comparable sales

Median sold price

$760,000

Avg days on market

142

Sale-to-list ratio

93.5%

Colorado Springs, CO

9 comparable properties found

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Bathrooms
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Square Feet
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Acres
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Square Feet
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a view of a beach with an ocean view
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Square Feet
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Acres
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Square Feet
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Acres
a black and white photo of a room
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Bathrooms
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Square Feet
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Acres
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Square Feet
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Acres
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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres

Location

Listing Courtesy of LIV Sotheby's International Realty, Michael Turner

Sold By NON MLS PARTICIPANT, PPAR Agent Non-REcolorado

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Building Information for Walker Road

Lot Size120.00 AC

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OriginPoint Mortgage or Rocket Mortgage1

$6,411 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,404

Property Taxes

$7

HOA Dues

$0

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Property Information for Walker Road

Bed & Bath Summary
Bathrooms
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 0
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 0
Parking
Parking
  • Attached Garage: No
  • Parking Total: 0
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
School Information
  • Elementary School District: Lewis-Palmer 38
  • Middle Or Junior School District: Lewis-Palmer 38
  • High School District: Lewis-Palmer 38
Site & Location Information
  • Lot Size Acres: 120.00
  • Lot Size Square Feet: 5227200
  • PSF Lot: $0
  • Lot Features: Level, Meadow
  • Zoning: RR-5
  • Fencing: Partial
  • Accessibility Features: Level, Meadow, Paved
  • Property Exclusions: Not Applicable
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: Yes
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Well
  • Well Type: Not Drilled
  • Well Usage: Domestic
  • Utilities: Electricity To Lot Line
  • Sewer: Septic Tank

Schools near Walker Road

This home is within Lewis-Palmer 38 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Ray E Kilmer Elementary School
PublicPK to 6

Lewis-Palmer Middle School
Public7 to 8

Lewis-Palmer High School
Public9 to 12

Monument Charter Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Walker Road, Colorado Springs, CO 80908
$1,260,000
5,227,200
2
2,872
1,742,400
$1,080,000
5
5,270
1,989,385
2
3
1,440
3,484,800
$275,000
4
3
2,452
3,484,800
6
5
2,252
217,800

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LIV Sotheby's International Realty, Michael Turner

Based on information submitted to the MLS GRID as of 03/26/2025 03:31 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.