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21550 Hanover RoadColorado Springs, CO 80928Price: $1,900,000

  • Price: $1,900,000
  • Est. Mortgage of $/month
  • 62 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.81% last updated on Apr 24, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,900,000List Price
  • 8Bedrooms
  • 6Bathrooms
  • 160Acreage
  • 5,410Square Feet

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Farm and Homestead opportunity: 160 acre turn key fully functional farm with THREE homes in Colorado Springs' Pikes Peak Enterprise Zone, new owner can receive substantial tax credits for various economic development activities! Extensive list of structures and equipment included! Main Farmhouse is 3 bed 2 bath, 2,620 sf. The Cottage home is 1 bed 1 bath and 510 sf. The NEW manufactured home, completed January 2025, is 4 beds, 3 baths, and 2,280 sf - plus 3 campers for seasonal employees! Major features include a 20,000 sf Pole Barn (5 yrs old), 11 greenhouses totaling over 36,000 sf completed in 2019 with LED lighting, several other barns & steel buildings, multiple storage sheds, and a steel silo/storage building. Irrigation for 120 acres of the crop producing acreage is provided by a center pivot and drip irrigation, fed by 2 new well pumps. An extensive list of equipment includes tractors, Swathers, Mowers, Cultivators, drip irrigation row makers & removers, cultipackers, air compressors, and more - see brochure for complete list. Newer upgraded electrical service to many structures and internet is available in all 3 homes and the pole barn. Six frost free water hydrants protect your assets. Situated about 40 min southeast of Downtown Colorado Springs (17 miles east of Pikes Peak Int'l Raceway), this ready-to-operate farm is the perfect opportunity to create a profitable and self sustaining life and still remain close to town. Two years ago, a tenant farmer attained the “Certified Organic Status”, new owner can achieve as well. Water by domestic well & water shares through AGRA. Shown by appointment, seller financing available. See supplements for complete inclusion list and information on Enterprise Zone benefits. Buyer receives lender paid credit of 1% (up to $5k) of loan amount towards interest rate buydown for using VIP Real Estate's preferred lender, Mack Humphrey of Centennial Mortgage Alliance (DPA loans excluded).

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Listed by Brian Furer of VIP Real Estate LLC (brian@viprealestateco.com,720-251-0778)

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