🌲 What If Your Next Home Came with Mountain Views, Aspen Trees, and 1.25 Acres in Colorado for Just $279/Month with Owner Financing?

Cripple Creek, Teller County, CO

What if your mountain getaway was waiting on just 1.25 acres? This peaceful Colorado property is surrounded by aspens, mountain views, and outdoor adventure giving you the space to build, relax, or simply escape the city.

Owner Financing Available for $3,150 down, $279/mo with NO prepayment penalties OR pay cash and get a discount!

✅ Location: 1-199 Princess Way, Cripple Creek, CO 80813
✅ Lot Size: 1.25 acres
✅ Terrain: Gently to moderately sloped with aspens, pine trees, and open meadow
✅ Access: Road access from Princess Way
✅ Zoning: Residential: General (R-1)
✅ Min. Home Size: 1,200 sq ft heated living space
✅ Mobile Homes: Allowed with permanent foundation, covenant compliance, and ACC approval
✅ Camping: Allowed up to 14 days per calendar year without prior approval
✅ RVs: Allowed, but RV living is prohibited
✅ Hunting: Not allowed
✅ Animals: Up to 2 hoofed animals and up to 10 chickens, poultry, or small livestock
✅ Electric: Not on the property; Black Hills Energy serves nearby addresses
✅ Water: No water rights
✅ POA: Cripple Creek Mountain Estates POA – $299.48/year (primary lot)
✅ Nearby Recreation: Mueller State Park, Pike National Forest, and historic Cripple Creek

📸 Take a look at the photos & drone videos below to explore the land from your screen!

Curious about the buying process?  Check out our new YouTube video!!! 

 


Property Overview

Own 1.25 acres at 1-199 Princess Way, Cripple Creek, CO 80813, nestled in the beautiful Cripple Creek Mountain Estates. This peaceful mountain property offers a mix of aspens, pine trees, open meadow, and scenic mountain views an ideal setting for a future home or weekend retreat.

Terrain

Features gently to moderately sloping terrain with a natural meadow running through the center. Mature aspens and pine trees provide privacy, shade, and a beautiful mountain setting while still offering open areas suitable for building.

Access

Road access from Princess Way making it easy to reach year-round. The area is a quiet mountain community with nearby homes while still offering plenty of privacy.

Utilities

There is no electricity at the property, but Black Hills Energy serves nearby addresses. A service request is required for a site inspection and cost estimate, typically provided within 1–2 weeks.

Water

No water rights. The reinstatement fee is $10,000 and increases to $15,000 on July 1, 2026. Reduction requests must be submitted in writing to office@mountainmutual.com and approved by the Board. There is no tap fee. A connection fee applies only after water rights are obtained and a home is built.

Zoning

Residential: General (R-1). Min. home size: 1,200 sq ft heated living space. Setbacks: 25 ft front, 15 ft side, and 30 ft rear. Max. building height: 35 ft. ACC approval and all required county permits must be obtained before construction. Exterior materials, colors, roof pitch, setbacks, and design must follow ACC guidelines and covenants.

Mobile homes are allowed but must be new from the manufacturer or dealer, placed on a permanent foundation, meet all covenant requirements, and receive ACC approval before installation.

Camping and RVs are allowed. Owner camping is limited to 14 days per calendar year without prior approval. RV living and hunting are prohibited.

Up to 2 hoofed animals are allowed on a 1.25-acre lot. A barn is required for 2 or more, and barns/corrals must be at least 50 ft from property lines.

Up to 10 chickens, poultry, or small livestock are allowed. No roosters. A coop or containment area is required and must be at least 50 ft from property lines.

Nearby Shopping & Services

  • Historic Cripple Creek (about 16 minutes): Grocery store, restaurants, gas stations, pharmacies, local shops, museums, and casinos.
  • Woodland Park (about 30–40 minutes): Walmart, Safeway, City Market, Home Depot, restaurants, medical offices, and other everyday services.
  • Colorado Springs (about 1 hour): Major shopping centers, hospitals, Costco, Sam’s Club, and additional dining and entertainment.

Nearby Recreation

  • Mueller State Park – Hiking, camping, wildlife viewing, and scenic mountain trails.
  • Cripple Creek Historic District – Museums, casinos, shops, and local events.
  • Pike National Forest – Hiking, off-roading, fishing, and outdoor adventures.
  • Eleven Mile State Park – Fishing, boating, kayaking, and camping.
  • Florissant Fossil Beds National Monument – Hiking trails and fossil exhibits.

Check out the photos and videos below to see the road, terrain, and surroundings for yourself.

Not sure how buying land works? It’s easier than you think! Watch our quick YouTube video that walks you through the whole process.

Nearby Towns and Cities

  • Cripple Creek, CO – 15 min (7.1 miles)
  • Pueblo, CO – 1 h 47 min (88.3 miles)
  • Colorado Springs, CO – 1 h 6 min (45.4 miles)
  • Denver, CO – 2 h 13 miles (113 miles)

PRICING:

Discount Cash Price: $9,499 + non-refundable $399 document fee. OR…..

Owner Financing Price: $10,499 — Only $3,150 down ($399 doc fee + $2,751 equity). Payments as low as $279/mo for 3 years at 10% interest. No prepayment penalties.

We are a small family business and can be flexible and can make this fit any budget that can meet our minimums. Our owner, Dave Denniston, enjoys making land ownership available to families like yours who want to make memories for years to come. We can owner-finance with a land contract. We can transfer with a warranty deed and guarantee a clean title.

Have any questions? I will happily answer them.Call Now

Property Details



Street Address: 1-199 Princess Way
City: Cripple Creek
State: CO
County: Teller
Zip Code: 80813
Size: 1.25
APN: R0008984
Legal Description: L68 CCME 17
Google Maps: Click Here!
coordinates: NW: 38.8074, -105.1944 (road)︱NE: 38.8078, -105.1925︱SW: 38.8072, -105.1944 (road)︱SE: 38.8074, -105.1927
Annual Taxes: Taxes are $252.06/yr, or $21.01/mo. with owner financing.

Zoning:

Residential: General (R-1). Min. home size: 1,200 sq ft heated living space. Setbacks: 25 ft front, 15 ft side, 30 ft rear. Max. height: 35 ft. ACC approval and all county permits are required before construction. Exterior materials, colors, roof pitch, setbacks, and design must follow ACC guidelines and covenants. Mobile homes are allowed but must be new from the manufacturer/dealer, placed on a permanent foundation, meet all covenant requirements, and receive ACC approval before installation. Camping and RVs are allowed; owner camping is limited to 14 days per calendar year without prior approval. RV living is prohibited. Hunting is not allowed. Up to 2 hoofed animals are allowed on a 1.25-acre lot; a barn is required for 2 or more, and barns/corrals must be 50 ft from property lines. Up to 10 chickens, poultry, or small livestock are allowed; no roosters. A coop/containment area is required and must be at least 50 ft from property lines.
HOA/POA: Cripple Creek Mountain Estates POA: $299.48/year (primary lot); $99.83/year for each additional unimproved lot.
Access: Dirt Road
Sewer: Septic can be installed
Water: No water - This property has no water rights. The reinstatement fee is $10,000 and increases to $15,000 on July 1, 2026. Reduction requests must be submitted in writing to office@mountainmutual.com and approved by the Board. There is no tap fee, and the connection fee applies only after water rights are obtained and a home is built.
Utilities: There is no electricity at the property, but Black Hills Energy serves nearby addresses. A service request is required for a site inspection and cost estimate, typically provided within 1–2 weeks.

Property Images



Payment Options



Need this property?

The initial investment is only $3150

$2751 down + $399 document fee

We are a small family business and can be flexible and can make this fit any budget that can meet our minimums. Our owner Dave Denniston enjoys making land ownership available to families like ours who want to make memories for years to come. We can owner finance with a land contract. We can transfer with a warranty deed and guarantee a clean title.

Contact Kristy Limon today!
Phone/Text: (971) 248-6715
Email: sales@genfamland.com

OWNER FINANCING
PRICE
OR SAVE AND PAY THE DISCOUNTED CASH PRICE
$10,499 (plus interest & $399 document fee) NO QUALIFYING | NO PREPAYMENT PENALTIES
$9,499 Plus $399 document fee
$279.00/month INCLUDES prorated property taxes and note servicing fee.
YOU SAVE $1,000 PLUS INTEREST