Tutt Blvd, Colorado Springs, CO

$5,000,000

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10.00

Acres

About Tutt Blvd

MAPPING: Please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc. PRICING: Seller will consider offers through 5/15 with an accepted price dependent upon terms. One of two adjacent properties; see second parcel MLS ID #8222733. Can be purchased together or separately. OVERVIEW: Once in a generation opportunity to own the Historic Peacock Ranch! Property has been under the same ownership for 70+ years. Buy as your own private estate, ranch, or ag operation - OR - as a residential development with multifamily, high density single family residential, and/or estate lots. SIZE: Property totals ~10 acres. Adjacent property is 38 acres (for a total of 48 acres). SURROUNDING AREA: - Great access to Powers Boulevard and Briargate/Research Parkway. - Shopping, restaurant, entertainment within minutes. - Academy District 20 Schools 0.25 miles to the east (Village Middle School and Ranch Creek Elementary). Liberty High School 1.5 miles away. - Surrounded by Wolf Ranch, Cotton Wood Creek, Wolf Ranch Rec Cntr, trails. ZONING & DEV: Annexation: For the subdivision and development into densities with lot sizes < 5 acres, property needs to be annexed into CO Springs. The property is part of CO Springs growth area for "Newer Developing Neighborhood" in the 2020 Vision Map. The City is supportive of annexation. Existing: The property is zoned RR5 within El Paso County allowing the subdivision into 5 acre parcels and estate homes. See attached El Paso County zoning map. UTILTIES: CSU water and sewer are INSTALLED. Runs from Tutt Blvd to James Creek Dr.; FOUR 12" connections exist with gate valves to ready for development. NO cost recovery by the City on these connections per agreement. 2" natural gas line also parallel to site. Electric + fiber at Tutt Blvd and Crown Lane. WATER RIGHTS: Domestic well developable through County. ACCESS: Two points of access at Tutt Blvd/Crown Lane (east end) and James Creek Drive (west end).

Features of Tutt Blvd

MLS® # 2980985
Price $5,000,000
Bathrooms 0.00
Acres 10.00
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address Tutt Blvd
Area Colorado Springs
Subdivision Historic Peacock Ranch
City Colorado Springs
County El Paso
State CO
Zip Code 80924

Amenities

Utilities Natural Gas Available, Electricity Available, Cable Available
Garages None
View Mountain(s), City
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Abuts Public Open Space, Abuts Private Open Space

School Information

District Academy 20

Additional Information

Days on Market 10
Zoning RR-5 CAD-O
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJohn Hesse
OfficeKeller Williams DTC
Contact Infojohn.hesse@me.com,720-454-8300

Listing Map

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