18230 Cumbres
Peyton, CO 80831
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The equity gap on this property ($-229,403) is less than 5% of the purchase price ($8,750). Your down payment covers the full gap with no second mortgage required.
🏦 Loan Details
- List Price
- $175,000
- Assumable Rate
- 3.45%
- Remaining Balance
- $404,403
- Loan Type
- VA
- Est. Equity Gap
- Contact us
- Annual Taxes
- $2,057
About This Home
Exceptional 5.14-acre treed and meadowed corner lot in desirable Peyton Pines — tucked on a quiet cul-de-sac with mature ponderosa pines, open grass meadows, mountain views and multiple build sites with walkout potential. Underground utilities are available at the road and the parcel is zoned for horses and 4-H animals. Protective covenants remain recorded though the HOA has been disbanded.Seller has pulled a domestic well permit and completed perc/soils testing. Septic design and full building plans for a walkout ranch are available, making this parcel highly prepared for permitting and construction. Nearby recreation — Homestead Ranch Regional Park Homestead Ranch Regional Park (roughly 450 acres) is just minutes from Peyton Pines and offers extensive outdoor amenities: multi-use and equestrian trails (several loop options including a ~3.3-mile outer loop), a fishing pond (Colorado fishing license required), picnic pavilions, playgrounds, restrooms and horse-watering facilities. The park is ideal for hiking, horseback riding, mountain biking, family outings and wildlife viewing — a major lifestyle asset for residents of Peyton Pines. Peyton Pines is a peaceful, rural subdivision east of Colorado Springs featuring mostly 5-acre (and larger) treed and meadowed parcels — ideal for country estates, horse properties and hobby ranches. The neighborhood offers mature ponderosa pines, low-density privacy, underground utilities to many roads, and quick access to Hwy 24 and Elbert Road. Colorado Springs is roughly 25 miles west.
Data Source: REcolorado MLS
Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.
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