11 bedroom house for sale

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 depending upon terms. One of two adjacent properties; see second parcel MLS ID #2980985. 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 ~38 acres. Adjacent property is 10 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 and DEV: Annexation: For the subdivision and development into densities with lot sizes5 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: Public water and sewer available. Two permitted functioning domestic wells. CSU natural gas connection exiting; gas line runs east-west on the site from Cow Poke Road/Crown Lane to James Creek Drive. Electric and fiber at lot corner/Tutt Boulevard. WATER RIGHTS: Two existing domestic wells operating on the property functional. Buyer has the right to develop a deep aquifer. STRUCTURES: All structures are being sold as is.