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.
A rare opportunity to acquire a tenant-occupied income property in the desirable Meridian Ranch community of Peyton with a lease in place through July 2027, delivering immediate, stable cash flow from day one. Whether you are an investor looking to add to your portfolio or a future owner-occupant planning ahead, this four-bedroom, three-bath home offers exceptional value in District 49. Vaulted ceilings create an open, airy feel throughout the main living areas, where a gas fireplace insert anchors the living space and a walkout dining room extends the living experience outdoors to a fenced backyard. Walk-in closets add practical storage throughout the bedroom layout, and the attached garage plus additional parking space round out the functional floor plan. At over two thousand six hundred square feet, this home offers generous room to live, with four bedrooms, three full baths, and central air. The fenced rear yard, vinyl windows, and established landscaping complete a well-maintained exterior. Located in Meridian Ranch within the Falcon High School feeder zone of District 49, with easy access to shopping, dining, and Meridian Ranch's community amenities. A turnkey investment with a solid tenant and a long-term lease already in place.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Peyton is located in Colorado. Peyton, Colorado has a population of 23,859. Peyton is more family-centric than the surrounding county with 40% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Peyton, Colorado is $111,856. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Peyton is 38.2 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 20.1 inches per year, with 84 inches of snow per year.
