17255 Forest Green Way
About This Property
Welcome to your dream canvas-an exceptional 5.51-acre parcel nestled in the peaceful countryside of El Paso County. This nearly flat, usable lot is adorned with mature trees and abundant sunshine, offering multiple ideal build sites and endless possibilities for rural residential living. Located just outside the emerging growth corridor of North Central El Paso County and the Black Forest area, this property provides a rare blend of serenity and strategic positioning near future development.
Zoned for residential use with no HOA restrictions, the property allows for horses, chickens, and other livestock. Whether you're envisioning a custom-built home, a tiny house retreat, or a modern manufactured residence, this land offers the freedom to create your ideal lifestyle. Equestrians will appreciate the space for private stables and scenic riding, while homesteaders can enjoy raising animals, growing a garden, or even establishing a greenhouse or apiary.
This is an ideal opportunity for those seeking the best of both worlds-rural tranquility with convenient access to Colorado Springs and its abundant amenities, outdoor recreation, and iconic natural landmarks like Pikes Peak and Garden of the Gods.
Highlights:
- 5.51 usable acres with mature trees
- No HOA-build freely
- Horses, chickens, and livestock permitted
- Minutes from Colorado Springs
- Close to planned growth and infrastructure
Ideal for custom homes, tiny homes, or manufactured dwellings
Perfect For: Equestrians | Homebuilders | Nature Enthusiasts | Investors | Rural Lifestyle Seekers
Don't miss your chance to build your dream in this peaceful, picturesque setting with unlimited potential.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$179,000
↓ $6K
(3.2%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by LPT Realty | $184,900 | |
| Listed by LPT Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017