$1,500,000

RARE DEVELOPMENT OPPORTUNITY | 0.761 ACRES | UNOBSTRUCTED PIKES PEAK VIEWS An extraordinary opportunity in historic Manitou Springs! Situated on approximately 0.761 acres (33,128 square feet), this remarkable property showcases breathtaking, unobstructed views of majestic Pikes Peak, dramatic rock outcroppings, and the surrounding mountain landscape. With its exceptional setting and spectacular scenery, the property offers an incredible canvas for builders, developers, and investors. Offering potential for multiple homesites, with the possibility of subdivision into approximately 2 to 3½ residential lots, this property invites exploration of custom mountain residences, townhomes, or condominium-style development, subject to zoning, subdivision requirements, and municipal approvals. Additional access possibilities from El Paso Boulevard may also be worth exploring as part of a future development plan. Rich in history and natural beauty, the property is located near the historic Buffalo Lodge and Manitou riding stables, across from a neighborhood baseball park, and near scenic Fountain Creek. The location offers a wonderful combination of mountain surroundings, community character, and recreational amenities. The existing raised-ranch residence features three to four bedrooms, two bathrooms, and multiple private decks positioned to capture the extraordinary views. The home requires extensive repairs and is being offered primarily for its land value and redevelopment potential. Associated addresses include 15 Via Maria Theresia and 20 El Paso Boulevard. An exceptional opportunity to create something extraordinary in one of Colorado’s most distinctive mountain communities. Bring your vision and explore the possibilities!