Your opportunity to own a rare piece of Colorado history on 40 expansive acres. This original 1921 homestead offers 4 bedrooms and is rich with character and potential. The home is in need of renovation and is 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 acreage features live water and wide-open space well suited for livestock, horses, farming, or recreational use. The property 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). 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. Approximately 10 minutes to Schriever Space Force Base, 20 mins to Peterson SFB, 10 minutes to the town of Falcon, and 30 minutes to Colorado Springs. Option to purchase additional parcels: 40-acres with house, barn and outbuildings on Slocum Rd. | 40-acres vacant land on David Rd.