18150 Pinon Park Rd
About This Property
The neighborhood's rural character shines through: horses and animals are allowed, walking/riding trails nearby, frequent wildlife (deer, turkey), and the quiet you came for. Just an easy drive to Castle Rock and Colorado Springs for larger amenities. If you've been waiting for acreage with scenery, trees, and flexibility-without sacrificing access-this 5.17-acre Peyton Pines parcel is a great option.
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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 30, 2026 | Sold | ||
| Sold | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed | $179,000 | |
| Listed | |||
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Discover the perfect blend of privacy, natural beauty, and country living on this stunning 5-acre parcel in
Peyton Pines. Set in a highly desirable rural residential community, this property offers breathtaking views of
Pikes Peak and a peaceful, native landscape that preserves the area's natural charm. With light tree coverage
and open space, this lot provides a beautiful canvas to build your dream home while enjoying both seclusion
and usability. Covenants are thoughtfully designed to protect the integrity, beauty, and value of the
surrounding area. Horses and farm animals are welcome, making it ideal for those seeking a true Colorado
lifestyle. Conveniently located near the heart of Peyton with easy access to Elbert, and just minutes from
Homestead Ranch Regional Park, you'll enjoy the perfect balance of rural tranquility and everyday
convenience. Bring your vision and create something special! This is Colorado living at its finest.
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| Sep 3, 2025 | Listed by Whitetail Properties Real Estate Llc | $180,000 | |
| Listed by Whitetail Properties Real Estate Llc | |||
| Feb 24, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017