Welcome to Davis Ranch! Just east of Colorado Springs, near Schriever and Peterson SFB, this neighborhood offers spectacular unobstructed views of Pikes Peak and the entire Mountain Range. Water rights are included (which is not typical) and the covenants allow you to bring your horses along! 1715 Terri Lee Drive is a 5.08-acre lot that has amazing views to the West and sits at the end of a cul-de-sac with vast open space to the East. This lot allows for plenty of space for your barn, extra garage and/or ADU. Water rights will be transferred via a quit claim deed at closing which includes .55-acre feet of water rights (.27-acre feet for household use; .25-acre feet for a maximum of 4300 square feet of lawn area; .03-acre feet for a maximum of two horses). There is a well that's drilled and ready to go, making this lot truly ready to build on. There are no HUD standard manufactured or Modular homes allowed in Davis Ranch. Bring your outdoor toys because there is no shortage of space to enjoy them.
Lot/land
$209,900
1715 Terri Lee Dr, Peyton, CO 80831
--beds
--baths
5.08Acres
Land
Built in ----
5.08 Acres Lot
$-- Zestimate®
$--/sqft
$25/mo HOA
What's special
- 10 hours
- on Zillow |
- 5 |
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Zillow last checked: 7 hours ago
Listing updated: 23 hours ago
Listed by:
Lorraine Amos 719-330-2740,
Rocky Mountain Living Colorado
Source: Pikes Peak MLS,MLS#: 9061772

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: Panoramic, Mountain(s), View of Pikes Peak
Lot
- Size: 5.08 Acres
- Features: Backs to Open Space, Level, Meadow, No Landscaping
- Topography: Level
- Residential vegetation: Grassed
Details
- Parcel number: 4403005003
Utilities & green energy
- Water: Well-Active, Well-capped
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $25 monthly
Location
- Region: Peyton
Financial & listing details
- Tax assessed value: $144,100
- Annual tax amount: $1,908
- Date on market: 8/12/2025
- Listing terms: Cash,Conventional
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