Two-House Homestead on 10 Acres with Fiber Internet, Solar, and Income Potential — The property is financed with an assumable VA loan at 3.625% for qualified borrowers. Welcome to your quiet country home with lots of space to live, grow, and play. This special property is in Falcon, Colorado, just a scenic 25 minute commute from Colorado Springs. The property is fully fenced and has two large homes. It also has fast fiber internet to work from home, solar power, and big views of the mountains and prairie.
This opportunity is great for a big family, horse lovers and hobby farmers. Great rental potential. One home has 4 bedrooms and 3 bathrooms. The other home has 4 bedrooms and 2 bathrooms. Both homes have new carpets and paint, updated heating and swamp coolers. Lots of recent electrical systems updates including solar panels. The house is ready for your off grid dreams with a well, solar, septic, and propane. The property is perfect for horses and animals. There are 10 acres of prairie with 7 of the acres fenced pasture. The detached 4-car garage, the detached 1,300 square foot workshop with 220 volt power, and a 1,100 square foot barn with 3 stalls and a chicken coop are the current out buildings. Outside areas include garden beds, a greenhouse, and room to grow more. For fun, there is a horseshoe pit, basketball hoop, and tetherball. The perfect spot for the whole family build memories. The property has too many updates to list, like new roofs, porch repairs, and work on the well and septic. The garage and workshop have dedicated 50 amp power lines. The heating, plumbing, and electric work is all updated and ready for you. Whether you're seeking off-grid-inspired living with city convenience, space for two families, or a chance to build your horse property or hobby farm dream, this land holds limitless potential. Watch the stars, listen to songbirds, or just soak in the stillness surrounded by wildlife and wildflowers.
Sold for $745,000
$745,000
5520 Coyote Lane, Peyton, CO 80831
8beds
8,339sqft
Duplex
Built in 1983
10 Acres Lot
$726,200 Zestimate®
$89/sqft
$4,725 Estimated rent
Home value
$726,200
$690,000 - $763,000
$4,725/mo
Zestimate® history
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$4,725/mo
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$4,725/mo
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$3,429/mo
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$3,429/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
John Fields 303-478-6829 john_fields_us@yahoo.com,
Central Park Real Estate LLC
Bought with:
Gytha Hinkle, 100005139
Keller Williams Clients Choice Realty
Source: REcolorado as distributed by MLS GRID,MLS#: 3243840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 2
- Main level bathrooms: 4
- Main level bedrooms: 6
Primary bedroom
- Description: South Facing
- Level: Main
- Area: 405 Square Feet
- Dimensions: 15 x 27
Primary bedroom
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15 x 15
Bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15 x 13
Bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Bedroom
- Description: Non Conforming
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom
- Description: Non Conforming
- Level: Basement
- Area: 88 Square Feet
- Dimensions: 11 x 8
Primary bathroom
- Description: Jack And Jill
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16 x 9
Primary bathroom
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8 x 8
Bathroom
- Level: Main
- Area: 55 Square Feet
- Dimensions: 11 x 5
Bathroom
- Level: Main
- Area: 45 Square Feet
- Dimensions: 5 x 9
Bathroom
- Level: Basement
- Area: 65 Square Feet
- Dimensions: 13 x 5
Bonus room
- Description: Breezeway
- Level: Main
- Area: 104 Square Feet
- Dimensions: 8 x 13
Family room
- Level: Main
- Area: 273 Square Feet
- Dimensions: 13 x 21
Kitchen
- Description: South Kitchen
- Level: Main
- Area: 351 Square Feet
- Dimensions: 13 x 27
Kitchen
- Description: North Kitchen
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15 x 13
Laundry
- Level: Main
- Area: 91 Square Feet
- Dimensions: 7 x 13
Living room
- Description: Hardwood
- Level: Main
- Area: 325 Square Feet
- Dimensions: 25 x 13
Living room
- Level: Main
- Area: 351 Square Feet
- Dimensions: 13 x 27
Office
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13 x 19
Utility room
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 11 x 13
Heating
- Forced Air, Radiant Floor, Solar
Cooling
- Evaporative Cooling
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Jack & Jill Bathroom, Laminate Counters, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Bay Window(s), Double Pane Windows
- Basement: Finished,Partial
Interior area
- Total structure area: 8,339
- Total interior livable area: 8,339 sqft
- Finished area above ground: 4,813
- Finished area below ground: 3,526
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Lighted
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Exterior features: Balcony, Rain Gutters
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Plains
Lot
- Size: 10 Acres
- Features: Level
- Residential vegetation: Natural State
Details
- Parcel number: 3315000005
- Zoning: A-35
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Corral(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modular,Traditional
- Property subtype: Duplex
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1983
Utilities & green energy
- Electric: 110V, 220 Volts, 220 Volts in Garage
- Water: Private
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Ellicott
HOA
- Has HOA: No
Location
- Region: Peyton
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $730,405
- Annual tax amount: $2,849
- Date on market: 6/19/2025
- Listing terms: Cash,Conventional
- Exclusions: All Personal Items
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $745,000$89/sqft |
Source:  REcolorado as distributed by MLS GRID #3243840 Report a problem | ||
| 7/23/2025 | Pending sale | $745,000$89/sqft |
Source: REcolorado as distributed by MLS GRID #3243840 Report a problem | ||
| 6/19/2025 | Listed for sale | $745,000+47.8%$89/sqft |
Source: REcolorado as distributed by MLS GRID #3243840 Report a problem | ||
| 2/10/2020 | Sold | $504,000+1%$60/sqft |
Source: Public Record Report a problem | ||
| 1/16/2020 | Pending sale | $499,000$60/sqft |
Source: Blue Picket Realty #3842217 Report a problem | ||
| 11/8/2019 | Price change | $499,000-3.1%$60/sqft |
Source: BLUE PICKET REALTY #3842217 Report a problem | ||
| 9/28/2019 | Price change | $515,000-1.9%$62/sqft |
Source: BLUE PICKET REALTY #3842217 Report a problem | ||
| 8/27/2019 | Listed for sale | $525,000+75%$63/sqft |
Source: BLUE PICKET REALTY #3842217 Report a problem | ||
| 5/9/2019 | Sold | $300,000-24.1%$36/sqft |
Source: Public Record Report a problem | ||
| 10/2/2018 | Listing removed | $395,000$47/sqft |
Source: Muldoon Associates Inc #8365532 Report a problem | ||
| 9/11/2018 | Price change | $395,000-4.8%$47/sqft |
Source: Muldoon Associates Inc #8365532 Report a problem | ||
| 8/15/2018 | Price change | $415,000-3.5%$50/sqft |
Source: Muldoon Associates Inc #8365532 Report a problem | ||
| 8/1/2018 | Price change | $430,000-4.4%$52/sqft |
Source: Muldoon Associates Inc #8365532 Report a problem | ||
| 6/5/2018 | Listed for sale | $450,000$54/sqft |
Source: Muldoon Associates Inc #8365532 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,561 +31.5% | $48,940 |
| 2023 | $1,948 +6.1% | $48,940 +36.7% |
| 2022 | $1,837 | $35,800 -2.8% |
| 2021 | -- | $36,850 +15.5% |
| 2020 | $1,687 +1.1% | $31,900 |
| 2019 | $1,669 | $31,900 |
Find assessor info on the county website
Neighborhood: 80831
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Ellicott Elementary SchoolGrades: PK-5Distance: 6.6 mi
- 3/10Ellicott Middle SchoolGrades: 6-8Distance: 6.6 mi
- 3/10Ellicott Senior High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Ellicott
- Middle: Ellicott
- High: Ellicott
- District: Ellicott 22
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$726,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$726,200
- Colorado
- El Paso County
- Peyton
- 80831
- 5520 Coyote Lane
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