5 months on rocket

8420 Mustang Pl, Colorado Springs, CO, 80908

$400,000

5.87 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity, Meadow, Mountain(s)
MLS #4104082
Lot Size5.87 Acres
StatusActive

About 8420 Mustang Pl

Amazing opportunity to own nearly 6 acres with NO HOA and breathtaking views of Pikes Peak right outside of city limits! Located off Marksheffel and Woodmen and just minutes to shopping, St. Francis Hospital and all zoned D-49 schools, the property is close enough to town and still feels quiet enough as it backs to open space. Black Forest is just up the road as well. The majority of the surrounding parcels have been in family possession for decades and rarely come for sale in this area. RR-5 zoning allows a single family residential property as well as an ADU (guesthouse, short term stays, permit process with the county) and horses. You can build your dream home and ranch here and enjoy the quality of life looking at the front range! The property already has a well (that can be permitted at closing), electricity, and is is fenced in (old fence, but for construction it will do!). Live your Colorado dream now!

Property Details

Property Features

Listing Office:

  • Office Name: West and Main Homes
  • Office Phone: (720) 299-6635
  • Listing Agent: Anne-Kathrin Cao MRP PSA

Exterior Features

Exterior Information:

  • View: City, Meadow, Mountain(s)

Virtual/3D Tour

  • Virtual Tour: 8420 Mustang Pl
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Lot Features

Lot Information:

  • Lot: City Lot, Level, Meadow, Views, Sloped
  • Lot Size: 5.87 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $2,787
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$489.9K

Med. Price/SqFt

$220

Avg. Days On Market

51

# of Sold Homes

173

8420 Mustang Pl vs Colorado Springs

150 DAYS ON ROCKET

+99 Days

$400,000

-$89.9K Less

KEY TAKEAWAY

This property is $89.9K less than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #4104082

Listing Office:

  • Office Name: West and Main Homes
  • Office Phone: (720) 299-6635
  • Listing Agent: Anne-Kathrin Cao MRP PSA

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2017Home Sold
$120,000
May 16, 2016Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,787$40,130
2019$2,148$40,130
2018$523$8,160
2017$561$8,160

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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NMLS#3030

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-4417223
4
/10
  • Inspiration View Elementary School

  • 9233 Vista Del Pico Blvd

  • 1.60 miles

  • Public District Grades PK-5

school-card-donut-4417224
5
/10
  • Legacy Peak Elementary School

  • 8701 Wolf Valley Dr

  • 1.97 miles

  • Public District Grades KG-5

school-card-donut-4417225
6
/10
  • Ridgeview Elementary School

  • 6753 Shimmering Creek Dr

  • 2.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,971. Most Colorado Springs, CO residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Colorado Springs, CO

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Colorado Springs, CO?

Colorado Springs offers a diverse array of housing options, with single-family homes being the most prevalent, reflecting a mix of modern, ranch-style, and craftsman architectures. The housing market is primarily composed of owner-occupied residences, with a homeownership rate that is robust, complemented by a rental market that caters to various preferences. The area has seen a range of development periods, with a notable number of properties dating back to the late 20th century.

What are the advantages of living in Colorado Springs, CO?

Colorado Springs is celebrated for its scenic beauty and outdoor recreational opportunities, including proximity to the majestic Pikes Peak and Garden of the Gods. The community prides itself on a family-friendly atmosphere and a strong military presence, with several bases contributing to the local culture. Annual events and festivals reflect the city's appreciation for its natural surroundings and active lifestyle.

Are essential services in Colorado Springs, CO convenient?

The community is served by a comprehensive educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are well-established, with several hospitals providing a spectrum of care from emergency services to specialized treatments. Public libraries are available to residents, and the city offers a variety of retail and dining options that showcase local flavors and crafts. City initiatives are in place to adapt services to the evolving needs of its diverse population.

How do Colorado Springs, CO residents get around?

Colorado Springs' transport infrastructure includes a network of major highways that facilitate travel and commuting, with Interstate 25 being a primary thoroughfare. Public transportation services are available, with routes connecting key areas of the city. The community is also making strides in enhancing walkability and bikeability, particularly in the downtown area. Ride-sharing services are operational, providing additional options for residents and visitors.

Frequently Asked Questions About 8420 Mustang Pl

What is the listing price of this property?

The listing price of 8420 Mustang Pl property is $400,000.

What type of property is this?

The property 8420 Mustang Pl is land located in Colorado Springs, Colorado, 80908.

Is this property for sale now?

Active Listing: 8420 Mustang Pl 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 $2,787 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 18, 2017 for $120,000. (source: MLS/tax record).

How much acreage is this property?

The property 8420 Mustang Pl is 5.87 acres.
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Rocket HomesColoradoEl Paso CountyColorado Springs809088420 Mustang Pl

This home is located at 8420 Mustang Pl in Colorado Springs, CO and zip code 80908. This home sits on a 5.87 acre lot. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $400,000.

While more than 38 listings in Colorado Springs, CO in November 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 89 were sold below. The number of listings in Colorado Springs, CO increased by 14.4% between October 2024 and November 2024. Listings spent 51 days on the market in November 2024, and had a median list price of $489,900 during the same period.

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

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