0 Parcel 3-7 Peyton Highway, Calhan, CO, 80808
About This Home
The N Peyton Hwy 200 land holding offers an ideal short-, medium-, or long-term investment opportunity. This turnkey holding includes five recorded and deeded 40-acre parcels, perfect for a builder seeking multiple buildable sites or anyone wanting to create their own Prairie retreat. The property sits directly in the path of growth for both Colorado Springs and Falcon, supported by rapid expansion at Schriever and ongoing residential development to the east. The area benefits from a strong county-maintained paved road system, secured funding for the Highway 94 expansion, and newly paved asphalt on N Peyton Highway. Conveniently located, the Falcon Super Walmart and the Starbucks at the Peterson AFB entrance are each about seventeen minutes away, and the Schriever Visitor Center is just ten minutes from the property. All six parcels offer sweeping Front Range views and multiple potential building envelopes with full 360-degree vistas. A private road of approximately one mile will be constructed to access all lots, beginning mid-December with recycled crushed asphalt as part of an eco-friendly design. Mountain View Electric Association will provide electric service via above-ground poles, with engineering underway and construction anticipated to begin mid-January. Each lot qualifies for a residential exempt well permit allowing household use, up to four domestic animals, and one acre of lawn or crops. Septic systems and propane are required, and fiber-optic internet is expected soon as Mountain View Electric brings service to N Peyton Highway. Individual lots are available, with options to purchase 40, 80, or 120 acres.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Property
Details
- Parcel number: 3300
- Zoning: RR-5
- Special condition: Standard
- Exclusions: None
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 200 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Wildfire
- Winter Weather
- Hail
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,424 | $53,088 |
| Home Insurance * | $308 | $3,696 |
| Property Taxes | $328 | $3,936 |
| Electricity | $186 | $2,232 |
| Total | $5,246 | $62,952 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $895,000 |
View on Zillow