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Listed by Cory Allen The Polaris Group
$ 299,000
Est. payment /mo
Active
140 Echo Lane Colorado Springs, CO 80904
1.14 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1164530
HOA Y/N Yes
Annual Tax Amount $2,346
Tax Year 2024
Lot Size 1.140 Acres
Acres 1.14
Source Pikes Peak REALTOR® Services
Property Description
An exceptional opportunity to build in the highly sought-after Westside foothills of Colorado Springs. This rare 1.14-acre parcel offers the perfect blend of natural seclusion and urban convenience, backing directly onto permanent, protected Stratton Open Space for immediate trail access and endless privacy. The property provides stunning city views and a level building area nestled among mature pines and scrub oak. Access is provided via a paved City street (Echo Lane), with a gravel driveway leading onto the lot. Critical due diligence has been completed: The seller has provided the Geotechnical Soil Test and engineered foundation paperwork, significantly de-risking the project and streamlining the permitting process for builders. Value-add: CSU Recovery Agreement is projected to recoup ~80% of water line extension costs. Zoned R-2 for potential duplex development, this unique lot offers premium value in a premier location. A must-see for serious buyers and builders seeking an efficient, high-potential project.
Location
State CO
County El Paso
Exterior
Utilities Available See Prop Desc Remarks
Road Frontage City/Town Road, Easement, Paved, See Prop Desc Remarks
Building
Lot Description Backs to Open Space, City View, Level, Mountain View, Sloping, Trees/Woods
Water See Prop Desc Rem
Schools
School District Colorado Springs 11
Others
Restrictions Architectural Control,Easements,Hillside Ordinance,No HUD Std Mfg,No Mobile,No UBC/IBC Std Mod
Tax ID 7403417049
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
