Exceptional Investment or Multi-Family Living Opportunity - 5 Acres w/ 3 Homes Bordering National Forest. Discover a rare & versatile opportunity in Teller County, just outside the City of Woodland Park. This unique 5-acre property, featuring three separate residences, offers a flexible setup ideal for short-term rentals, long-term leasing, or multi-generational living. With direct access to National Forest land, residents & guests enjoy unmatched privacy, scenic views, & a true mountain lifestyle. No Short-Term Rental Restrictions. This property is located outside the Woodland Park city limits & is not subject to recent short-term rental moratorium-making it a prime candidate for Airbnb or VRBO income. Both rental cabins have a proven track record & are fully turn-key. Main Residence (Ranch Style), Spacious open floor plan w/ vaulted ceilings, large kitchen, moss rock fireplace, & built-in bookcases, 3 bdm, 2 baths on the main level, LL incl. a family room, workshop, guest suite w/ private entrance, 3/4 bath, & walk-in closet Recent updates: New carpeting, paint, renovated bathrooms, upgraded fixtures, & a new furnace. Attchd 3-car garage. 2nd Home- Log Cabin (1,000+ sq ft), vaulted ceilings & open-concept living space, 2 bedrooms, 1 full bathroom, full kitchen & laundry, scenic views of Pikes Peak, recently updated w/ new carpeting, paint, fixtures, bathroom renovation, new furnace, & hot water heater, served by a private well. 3rd Home- Log Cabin (656 sq ft), One bedroom plus a loft & 3/4 bathroom, Cozy, fully furnished interior w/ stunning Pikes Peak views, new furnace & hot water heater. Addt'l Features, 720 sq ft pole barn for RV, boat, or additional storage. Usable, 5-acre lot w/ close to 100% usability, Direct access to Nat'l Forest for hiking, recreation, & extended outdoor space. Whether you're looking for investment w/strong income potential or a serene family retreat w/ room to grow, this property delivers flexibility, privacy, & incredible value.
Utility FeaturesElectricity Available, Cable Available
SEWERSeptic, Septic Tank
WATER SOURCECity Water, Well
Year Built1972
BasementPartial
FINISHED BASEMENT SIZE2548.0
RoofMetal
EXTERIOR FEATURESHot Tub Included
Parking FeaturesOversized
FenceFenced
Lot FeaturesLevel
Garage spaces3
Other StructuresOutbuildings
CITYWoodland Park
SUBDIVISIONPikes Peak Ranch Estates
COUNTYTeller
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT2852.0
LATEST UPDATE2025-06-07T17:03:10.392Z
DAYS ON MARKET332
PRICE CHANGE(S)
$1,550,000 Jul 11, 2024
$1,499,000 Sep 11, 2024
$1,449,000 Mar 28, 2025
$1,425,000 Jun 7, 2025
CUMULATIVE DAYS ON MARKET332
Market Trends
New Properties On Market
20
67%
Increase In New Listings
Average Asking Price
$738,980
$72,322 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$278
$8 Decrease In List Price/Sq. Ft.
Average Days On Market
7
11 Day
Decrease In Days On Market
Data as of Jun 08, 2025.
Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
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