$394,999
3 Bed · 2 Bath · 1,512 Sq Ft
Country living with usable acreage, storage, and easy access to Falcon/Colorado Springs
3
Beds
2
Baths
1,512
Sq Ft
1995
Built
4.82 acres
Lot
No attached garage; multiple sheds/outbuildings
Garage
This single-level ranch delivers practical country living on nearly 5 acres without sacrificing access to services. The 1,512 sqft floorplan (3 BR / 2 BA) is straightforward and functional—open living areas, a kitchen with ample counters and storage, and bedrooms arranged for privacy. The home’s 1995 construction shows a lived-in but maintained condition; cosmetic updates will add immediate value for buyers seeking a turnkey aesthetic. Interior photos and the layout indicate comfortable entertaining spaces and a layout that works for families, retirees, or buyers who prefer one-level living.
Outside is where this property stands apart: approximately 4.82 acres of usable land with multiple sheds and storage buildings already in place. The existing outbuildings create a practical setup for tools, toys, and gear, while the yards offer room for fenced pastures, a garden, or equipment parking. There is no recorded attached garage, but drive space and outbuildings provide plenty of storage for vehicles, trailers, or recreational toys.
Location is ideal for buyers who want quiet, wide-open living but still need reasonable access to employment and services. The property offers direct access from N Ellicott Hwy and is within commuting distance of Falcon and Colorado Springs, including Peterson and Schriever. Families will find small-community schools in the Calhan RE-1 district, and those affiliated with the military will appreciate the shorter drives to local bases.
This listing presents a clear opportunity: acquire land, storage, and a functional ranch home at a competitive price point. Verify well/septic utilities and consider a few modest interior updates to maximize resale or rental value. For buyers seeking space to build hobbies, house animals, or stage long-term projects, this property is a rare combination of convenience and acreage in the exurban Colorado Springs market.
Calhan is a small, rural community northeast of Colorado Springs characterized by wide-open prairie, large lots, and a quiet pace of life. The area attracts buyers seeking space—hobby farmers, outdoor enthusiasts, and military families appreciating proximity to local bases. Commercial services are concentrated in nearby Falcon and Colorado Springs; daily life here relies on driving to regional shopping and amenities.
Exurban Calhan and the surrounding Falcon corridor continue to attract buyers looking for acreage and privacy while retaining reasonable commutes to Colorado Springs. Over the past year, median sale prices for similar acreage parcels have trended upward modestly; inventory remains constrained relative to demand for hobby-farm and ranch-style properties. This creates a seller-friendly pocket for well-priced listings. Buyers should expect a market where condition, usable land, and outbuildings materially affect pricing; properties with established shops or fenced pastures can command premiums. For this home at $394,999, the combination of nearly 5 acres and multiple storage buildings positions it competitively for both owner-occupiers and investors targeting short-term rental or long-term appreciation driven by exurban growth.
Calhan School (serves K-12)
Elementary|Middle|High · Within Calhan (approx. 2-6 miles)
Strong access to open spaces, local trails, and outdoor recreation typical of eastern El Paso County; ideal for ATVs, horseback riding, and small-scale farming.
Acquire a mid-priced ranch with significant acreage close to military installations and Falcon retail. Value derives primarily from land and functional outbuildings; upside through light upgrades, fencing, and marketing to buyers seeking acreage or to military/transient buyers.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$355K
Midpoint
$395K
High
$435K
$261.28/SF estimated price per square foot
Estimate anchored to MLS list price ($394,999) and informed by local market patterns for rural Calhan/Falcon acreage homes. No live comparable sales search available.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Exurban growth from the Colorado Springs metro has increased demand for acreage and hobby-farm properties; commuting patterns to Falcon and Colorado Springs are common.
Rural setting with easy access to Falcon retail corridors, and regional access to Colorado Springs, Peterson and Schriever military installations; outdoor recreation on nearby public lands and trails.
Market data is based on aggregated public records and may not reflect real-time conditions.
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