1 year on rocket

8625 Palomino Ridge Vw, Peyton, CO, 80831

$475,000

35.07 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontSee Remarks
ViewMeadow, Mountain(s), Rural, See Remarks
MLS #6147330
Lot Size35.07 Acres
StatusActive

About 8625 Palomino Ridge Vw

35 beautiful acres of land that is within the Coveted Old West Ranch (OWR) community that comes with 1 acre-foot of water rights! Backs to State Land!! The land has incredible topography. You have high spot areas which makes for great build sites for the best views and most of the land is flat allowing for the best recreational activities. The views are stunning: Unobstructed mountain views including sunsets & sunrises, and the abundant wildlife. It is conveniently located near the entrance where you get to view the rustic log entryway and stone mail kiosk which makes for a nice short walk to get your mail and sit on the bench that overlooks the amazing views of Pikes Peak. This premium parcel is only one of a few that backs to State Land. You have no one behind you and you have the privacy and seclusion that one desires knowing that no one will ever build behind you. The community also offers dedicated riding trails throughout for the exclusive use of the owners, underground electric which was installed along the parcel front boundary so there was an extra level of quality and no unsightly power poles blocking people's views. There is no HOA or HOA fee; instead there are well thought out and balanced reasonable Recorded Covenants designed to keep the community in a quality manner all awhile being able to enjoy the freedoms of owning 35 acres- Plus there are no timeframes to build a house so you have all the conveniences of taking all the time you want to design your dream home or not to build and just hold onto the land! You would have to add all of these incredible features to any other land that you found which is why OWR is such a Coveted and One-Of-A-Kind community. Plus, you are in the direct path of growth and only a few minutes from Falcon's Wal-Mart! These have been completely sold out for a while now. This is a resale, so this is rare opportunity to be an owner in the exclusive OWR community. Wide open spaces for your family and friends to enjoy!

Property Details

Property Features

Listing Office:

  • Office Name: Stiltner Realty, Inc.
  • Office Phone: (719) 964-3526
  • Listing Agent: James Stiltner

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: Meadow, Mountain(s), Rural, See Remarks

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Level, Meadow, Views, Rural Area, Sloped, See Remarks
  • Lot Size: 35.07 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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Housing Market Comparison

See how this home compares to others in Peyton, CO.

Med. Sold Price

$550K

Med. Price/SqFt

$210

Avg. Days On Market

48

# of Sold Homes

15

8625 Palomino Ridge Vw vs Peyton

423 DAYS ON ROCKET

+375 Days

$475,000

-$75K Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price in Peyton, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6147330

Listing Office:

  • Office Name: Stiltner Realty, Inc.
  • Office Phone: (719) 964-3526
  • Listing Agent: James Stiltner

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: 12/22/2024, 1:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-981713
6
/10
  • Meridian Ranch Elementary School

  • 10480 Rainbow Bridge Dr

  • 4.56 miles

  • Public District Grades PK-5

school-card-donut-981714
6
/10
  • Woodmen Hills Elementary School

  • 8308 Del Rio Rd

  • 4.83 miles

  • Public District Grades PK-5

school-card-donut-981715
7
/10
  • Peyton Elementary School

  • 13550 Bradshaw Road

  • 4.87 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,374. The majority of Peyton, CO residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8625 Palomino Ridge Vw

What is the listing price of this property?

The listing price of 8625 Palomino Ridge Vw property is $475,000.

What type of property is this?

The property 8625 Palomino Ridge Vw is land located in Peyton, Colorado, 80831.

Is this property for sale now?

Active Listing: 8625 Palomino Ridge Vw is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8625 Palomino Ridge Vw is 35.07 acres.
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Rocket HomesColoradoEl Paso CountyPeyton808318625 Palomino Ridge Vw

This home is located at 8625 Palomino Ridge Vw in Peyton, CO and zip code 80831. This home sits on a 35.07 acre lot. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $475,000.

In November 2024, from all listings sold in Peyton, CO there were more than 1 sold above asking price, over 9 sold below and more than 5 were sold right at the asked price. The number of listings in Peyton, CO increased by 22.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 48 days, the median list price was $550,000.

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

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