Investor opportunity positioned in the direct path of growth with infrastructure already in place.
5.54-acre investment-grade parcel in Falcon Ranchettes offering strong upside potential and multiple exit strategies. Located at the end of a quiet cul-de-sac, this lot features unobstructed Front Range and Pikes Peak views—premium attributes that directly support higher resale value and end-buyer demand.
Key advantage: major infrastructure is already complete. A new septic system and on-site electric pedestal significantly reduce development timelines, upfront costs, and overall project risk. This allows for faster execution and less capital exposure compared to raw land.
Zoned RR-5 with no HOA, the property offers maximum flexibility—ideal for a high-end spec build, build-to-rent, custom home, or long-term hold. The acreage and zoning support higher-margin residential product in a market where usable land is becoming increasingly scarce.
The growth story is clear. The Meridian, Woodmen, and Powers corridor continues expanding with active commercial and residential development pushing east. This property sits directly in that path, positioning it for appreciation as demand and infrastructure continue to move outward.
Strong access, partial utilities in place, and surrounding development already underway make this a strategic acquisition—not speculative fringe land.
A historical well exists but is not currently permitted; buyer to evaluate feasibility and costs. Buyer to verify zoning, land use, and future development potential with El Paso County.
Bottom line: reduced development friction, flexible use, and located in a proven growth corridor—this is a calculated investment with clear paths to profit.
Property Details
- Acres
- 0.0
- Lot Size (sqft)
- 5.54
- Property Type
- Purchase
- Utility Source
- Well
- Utility Features
- Electricity Available
- Subdivision
- Falcon Ranchettes
- School District
- District 49
- County
- El Paso
- Region
- Peyton
- Zoning
- RR-5
- Taxes Annual
- $3,832
- MLS #
- 9500534
- Property Subtype
- Unimproved Land
- Parcel Number
- 53010-01-007
- MLS #
- 9500534
- Date Listed
- May 05, 2026
- Address
- 11430 Owl Place
Location
Legal
Based on information submitted to the MLS GRID as of 2026-08-31 14:57:41 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: Aug 31, 2026 2:57 PM. Source: RECOLORADO
Provided By
Listed by Julie Robertson, julie@veteranhometeamco.com,719-751-7825
Listing Office: RE/MAX Real Estate Group Inc
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Buyer Agency Compensation
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
