40 Acres with Highway 24 Frontage - Live/Work Opportunity. Multi-generational living opportunity.
Prime opportunity located along US-24 between Peyton and Calhan with excellent visibility and an easy commute to Colorado Springs. This 40-acre fully fenced property offers flexibility for residential living, small business operations, or a live/work setup.
The property includes a well-maintained 3-bedroom, 2-bath home (960 sq ft, built in 1997) featuring an open kitchen and living area with vaulted ceilings and natural light throughout. The primary suite includes a walk-in closet and 4-piece bath with soaker tub, while two additional bedrooms and a second full bath provide functional living space.
The land is set up for usability and expansion with open pasture, RV parking, and multiple functional outbuildings, including an oversized detached 2-car garage, workshop space. Acreage provides ample space for equipment, animals, storage, or future improvements.
Property offers excellent highway frontage and visibility, making it attractive for home-based businesses, contractors, small operations, or buyers needing workspace and residential use together. The walk-out lower level with full kitchen and laundry creates additional flexibility for separate living quarters or rental potential.
***Additional opportunity****: The adjacent property at 26775 E Hwy 24 is also for sale by the same owner. Seller is open to discounted bundle pricing for buyers interested in purchasing both properties together, creating a unique opportunity for expanded residential, business, or investment use.
EXTERIOR FEATURES>8' Garage Door, Oversized Garage, Tandem Garage
Parking FeaturesDetached
FenceFenced, Dog Run/Kennel
Lot FeaturesOutbuildings, House Faces North
Garage spaces10
ViewMountain(s), Plains View
CITYCalhan
SUBDIVISIONCalhan
COUNTYEl Paso
AREAOut of Area
STATECO
TAX AMOUNT1534.0
LATEST UPDATE2026-03-07T07:06:13.293Z
DAYS ON MARKET9
PRICE CHANGE(S)
$549,000 Feb 27, 2026
Market Trends
New Properties On Market
12
140%
Increase In New Listings
Average Asking Price
$380,025
$270,774 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$158
$190 Decrease In List Price/Sq. Ft.
Average Days On Market
9
31 Day
Decrease In Days On Market
Data as of Mar 14, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.
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