Bought with Rachel Ford-wilkinson Ranger Real Estate LLC
$2,350,000
$2,500,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
0 Milne Road Colorado Springs, CO 80930
1,280 Acres Lot
Key Details
Sold Price $2,350,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5837057
Sold Date 01/31/24
HOA Y/N Yes
Annual Tax Amount $166
Tax Year 2022
Lot Size 1280.000 Acres
Acres 1280.0
Property Sub-Type Unimproved Land
Source Pikes Peak REALTOR® Services
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.
Location
State CO
County El Paso
Exterior
Utilities Available See Prop Desc Remarks
Road Frontage County Road
Building
Lot Description Backs to City/Cnty/State/Natl OS, Level, Meadow, Mountain View, Sloping, View of Pikes Peak
Water Well-Active
Schools
School District Ellicott-22
Others
Tax ID 3500000308
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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