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E Fountain blvd - Cheyenne View 17.69 Acres of Residential Land Offered at $9,290,000 in Colorado Springs, CO 80910

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INVESTMENT HIGHLIGHTS

  • Fully entitled for a 322-unit multifamily development
  • Pristine location offering proximity to downtown, restaurants, parks, and more
  • Highly sought-after land in Colorado Springs

EXECUTIVE SUMMARY

Cheyenne View is a beautiful property located in Colorado Springs, Colorado. With full entitlements secured for a garden-style multifamily development, the property will feature 322 units, including 182 one-bedroom, 122 two-bedroom, and 18 three-bedroom units, complemented by 401 parking spaces (221 garages and 180 surface stalls). Proposed amenities include a pool, basketball court, pickleball court, dog park, and tot lot.
Colorado Springs, home to over 488,000 residents, offers proximity to the Cheyenne Mountains, multiple state parks, Fort Carson, and the Colorado Springs Airport. The city offers rodeos, train rides through the mountains, and access to white water rafting. Colorado Springs' robust economy and infrastructure provide residents easy access to everything Colorado has to offer.
Cheyenne View is strategically located just off Highway 24, 5 minutes from downtown, and 6 minutes from Walmart. The property is also within minutes of local schools, Colorado College, Garden of the Gods, Memorial Park, golf courses, beautiful overlooks, and scenic hiking trails on Cheyenne Mountain. The property also boasts convenient public transportation access, providing residents with car-free mobility throughout the city.

PROPERTY FACTS

Price $9,290,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Single Family Development
Total Lot Size 17.69 AC
Zoning MX-M - Mixed-Use Medium Scale - Zoning district that accommodates a mix of commercial, retail, office, multi-family residential, and civic uses.

1 LOT AVAILABLE

Lot

Price $9,290,000
Price Per AC $525,155.46
Lot Size 17.69 AC

Cheyenne View is a 17.69-acre development site in Colorado Springs, CO, fully entitled for a 322-unit multifamily project, offering an exceptional opportunity in a highly desirable and strategic location.

DESCRIPTION

Cheyenne View is a 17.69-acre property in Colorado Springs, with full entitlements for a 322-unit multifamily development. The property is located on E Fountain Blvd and S Union Blvd, just off Highway 24.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 64213-00-029
  • 64213-08-004
  • 64213-08-005
  • 64213-08-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$820,880
  • Listing ID: 36220243

  • Date on Market: 6/11/2025

  • Last Updated:

  • Address: E Fountain blvd, Colorado Springs, CO 80910

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