7 months on rocket

8254 Crown Ln, Colorado Springs, CO, 80924

$11,000,000

11 Bedrooms
3 Full Baths, 3 Partial
3,790 SqFt
$2,902/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway-Dirt, Driveway-Gravel
Garage5 spaces
Year Built1909
HeatingElectric, Wood Stove
CoolingNone
BasementYes
FireplaceWood Burning Stove
ViewCity, Mountain(s)
MLS #8222733
Lot Size38.00 Acres
StatusActive

About 8254 Crown Ln

MAPPING: Please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc. PRICING: Seller will consider offers through 5/31 with an accepted price dependent 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 & 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 ready for development. NO cost recovery by the City on these connections per agreement. Extra 2" natural gas line also parallel to site. Electric + fiber at Tutt Blvd and Crown Lane. WATER RIGHTS: Domestic well developable through County. STRUCTURES: All structures are being sold as is.

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Living Area: 3,790 SqFt

Listing Office:

  • Office Name: Keller Williams DTC
  • Office Phone: (720) 454-8300, (303) 771-7500
  • Listing Agent: John Hesse

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Wood
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: City, Mountain(s)

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: No
  • Parking: Driveway-Dirt, Driveway-Gravel

Lot Features

Lot Information:

  • Lot: Corner Lot, Greenbelt, Open Lot, Split Possible, Farm
  • Lot Size: 38.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: For electronic address mapping purposes, please use 8260 Crown Lane, Colorado Springs, CO, for Google Maps etc. Take the E Woodman Road exit east from Powers Boulevard. Take first left (light) at Tutt Boulevard going north. Follow Tutt Boulevard around roundabout going west and north again. Once crossing over Cottonwood Creek where road goes from 4 to 2 lanes, meet at parking area by ranch gate off to left. Broker must be in attendance for all property tours.

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,000,000
  • Price Per SqFt: $2,902/SqFt

Tax Information:

  • Annual Amount: $1,577
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

8254 Crown Ln vs Colorado Springs

219 DAYS ON ROCKET

+179 Days

$11,000,000

+$10.5M More

$2,902/SqFt

+$2.6K More

KEY TAKEAWAY

This property is $10.5M more than the Median Sold Price and $2.6K/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #8222733

Listing Office:

  • Office Name: Keller Williams DTC
  • Office Phone: (720) 454-8300, (303) 771-7500
  • Listing Agent: John Hesse

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:12:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,577$18,150
2019$1,266$18,150
2018$1,263$15,380
2017$1,167$15,380

History based on county public records data.

Payment Calculator

$54.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$33K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-331328
5
/10
  • Legacy Peak Elementary School

  • 8701 Wolf Valley Dr

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-331329
6
/10
  • Ranch Creek Elementary School

  • 9155 Tutt Blvd

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-331330
6
/10
  • Prairie Hills Elementary School

  • 8025 Telegraph Dr

  • 0.90 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,105. The majority of Colorado Springs, CO residents have income between $100k-200k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8254 Crown Ln

What is the listing price of this property?

The listing price of 8254 Crown Ln property is $11,000,000.

What type of property is this?

The property 8254 Crown Ln is a house located in Colorado Springs, Colorado, 80924.

Is this property for sale now?

Active Listing: 8254 Crown Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,577 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8254 Crown Ln has 11 bedrooms and 3 full and 3 half bathrooms.

What is the square footage of this property?

The property 8254 Crown Ln is 3,790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8254 Crown Ln is 1909.
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Rocket HomesColoradoEl Paso CountyColorado Springs809248254 Crown Ln

This home is located at 8254 Crown Ln in Colorado Springs, CO and zip code 80924 in the Wolf Ranch neighborhood. This 3,790 square foot home, which was built in 1909, sits on a 38.00 acre lot. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $11,000,000.

While more than 52 listings in Colorado Springs, CO in October 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 99 were sold below. The inventory of homes for sale in Colorado Springs, CO between September 2024 and October 2024 increased by 26.2%. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $455,000.

From Rocket Homes Real Estate and based on county public records data.

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