Your opportunity to own a rare piece of Colorado history on 40 expansive acres. This original 1921 homestead offers rich character and potential. The home is in need of renovation and priced primarily for land value, making this an ideal opportunity for those looking to restore a historic property, remodel, build new, or create a private ranch or agricultural retreat. The property features live water and wide-open space well suited for livestock, horses, farming, or recreational use. With sweeping views, privacy, and room to expand, this property offers endless possibilities, from a working ranch to a custom rural estate. A truly unique chance to own a large-acreage property with historic roots, water resources, and long-term potential. Includes three wells: a domestic well, a live well, and a third capped well (status unknown; buyer to verify all well information, zoning, and intended use). Approximately 10 minutes to Schriever Space Force Base, 20 mins to Peterson SFB, 10 minutes to the town of Falcon, 30 minutes to Colorado Springs and Costco. Option to purchase additional parcels: 40-acres with house, barn and outbuildings on Slocum Rd (MLS 3345452). | 40-acres vacant land on David Rd (MLS 7489440).