Ramah, CO 80832,5005 County Road 161
Ramah, CO 80832,5005 County Road 161
Ramah, CO 80832,5005 County Road 161
$58,000
Est. payment /mo
$59,900
3.2%
Est.Price: ?

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40 Acres Lot
SOLD DATE : 05/31/2024

Key Details

Sold Price $58,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2829273

Annual Tax Amount $710

Tax Year 2023

Lot Size 40.000 Acres

Property Description

Nestled just east of Colorado Springs, this picturesque 40-acre ranch land offers a tranquil retreat with expansive views and abundant opportunities. The relatively flat terrain, devoid of any floodplains, presents a very buildable landscape, perfect for either residential, agricultural, or recreational use. With two arroyos converging in the center, the property features a periodic water channel that enhances the serene setting. It boasts an impressive 1320 feet of direct frontage on both County Road 22 and County Road 161, ensuring easy access and great potential for development. Fencing all around the perimeter jumpstarts its use for livestock, and power is readily available along the road, although water wells and septic systems would need to be installed. This parcel is free of deed restrictions, and situated in a flexible agricultural zoning area that allows for mobile, manufactured, and modular homes, as well as many commercial uses. The area is characterized by its peaceful, safe neighborhoods, low taxes, and an abundance of wildlife, making it an attractive investment. Additionally, its proximity to Colorado Springs places essential services and recreational spots within easy reach, ensuring convenience alongside rural charm. Whether you’re looking to build a new home, an expansive ranch, or seeking a splendid investment opportunity, this property promises potential and versatility on the edge of Colorado’s scenic landscapes.

Location

State CO

County Elbert

Area None

Exterior

Complex Features Fence-Perimeter, Manu Homes Allowed

Building

Lot Description Corner, Level, Rural

Water None

Schools

Middle Schools Simla

High Schools Simla

School District Big Sandy-100J

Others

Special Listing Condition Not Applicable

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Pikes Peak MLS (PPAR)
Listed by The Resource Group

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Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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