Drennan Road
$21,500,000
27,878,400 / 640
Description
NOTE: This is four adjacent parcels; see linked map to see all four. Application for annexation has been filed and is underway. Stunning views and close proximity to burgeoning development around the Colorado Springs Airport make this 640 acre property an ideal candidate for comprehensive development with relatively high density housing options (12 minutes to Amazon, 15 to COS airport, 5 min to Schriever). Current property owners are moving forward with annexation plan and are additionally working...NOTE: This is four adjacent parcels; see linked map to see all four. Application for annexation has been filed and is underway. Stunning views and close proximity to burgeoning development around the Colorado Springs Airport make this 640 acre property an ideal candidate for comprehensive development with relatively high density housing options (12 minutes to Amazon, 15 to COS airport, 5 min to Schriever). Current property owners are moving forward with annexation plan and are additionally working on creation of comprehensive land use/development plan. Annexation expected to occur in approximately 18 months and city/county approved Preliminary Development Plan is expected to be complete around same time. Water rights available but not adjudicated; there is an existing high performing well on-site. Mineral and water rights have not been severed and run with land. One notable feature is that parcel is surrounded almost entirely by State or COS Utility property because there is 800 acre reservoir being installed less than one mile West of property; reservoir doesn’t have an official install date, but is expected within the next eight years. Intention is to work with CSU and state to create walking/biking paths connecting subject property with recreational areas of reservoir. Adjacent vacant land parcels and reservoir ensure that stunning front range and Pikes Peak views will remain unspoiled. This includes everything from larger “estate” lots, standard single family residential, higher density townhome and patio home projects, and affordable housing options mixed with premium luxury in a cluster of high rise buildings with ground floor commercial space.
- Listed by Nathan Rains • Exp Realty LLC
- Listed by Nathan Fisk • Exp Realty LLC
Amenities
- Ground Floor
- Range
LISTING UPDATED: 09/16/2024 11:13 AM
Property Details for Drennan Road
Status | Active |
---|---|
MLS # | 3745085 |
Days on Compass | 909 |
Taxes | $239 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 640.00 AC |
County | El Paso County |
Building Information for Drennan Road
Lot Size640.00 AC
Property Information for Drennan Road
Schools near Drennan Road
This home is within Ellicott School District No. 22 in the County of EL Paso A.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ellicott Elementary School PublicPK to 5 | ||
Ellicott Middle School Public6 to 8 | ||
Ellicott Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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