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$90,000
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Property Description
Flexible Business Potential with 297 feet of Highway 24 frontage between Colorado Springs & Limon. Most recently used as a Mechanic's Shop with residential housing. All three buildings, on over half an acre, for the price of one. Come finish this project to your specifications and run your own business. The Garage is 24x40x10H with an attached 2 bedroom house & 22x15ft. front office + a detatched residence you can use for additional living space, rental income or retail sales. The second building has a full basement. Come create your own dream business at a price you can afford.
Full Property Details
Full Property Details for 37131 Hwy 24
General
- Price: $90,000
- Taxes: $139 (2024)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 5766253
- Updated: 11/26/2025
- Added to Site: 102 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Spaces: 4
- Garage Description: Attached, Tandem, Even with Main Level, Workshop
Location
- County: Elbert
- Subdivision: Matheson
School Information
- School District: 100J
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Water: None
- Utility Description: Electricity Available
Structural Information
- Description/Design: Ranch
- Structure Type: Concrete Block, Framed on Lot
- Builder: Custom Propert
- Construction Status: Under Construction
- Exterior Const.: Wood
- Roof: Metal
- Square Feet: 2,340
- Main/1st Level: 1,940 Sq. Ft.
- Down/Basement: 400 Sq. Ft.
- Finished Total: 1,940 Sq. Ft.
- Basement Finished: 0%
- Lower Finished: 0%
- Year Built: 1924
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829.2
- Lot Description: Rural
- Fencing (Description): None
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $139
- Tax Year: 2024
Listed by My Colorado Broker, LLC
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Schools
Schools serving 37131 Hwy 24
School District:Big Sandy School District 100j
| Name | Grades | Distance |
|---|---|---|
Simla Elementary School 18091 County Road 125, Simla, CO 80835 | PK-5 | 6.6 mi |
Simla Junior High School 18091 County Road 125, Simla, CO 80835 | 6-8 | 6.6 mi |
Simla High School 18091 County Road 125, Simla, CO 80835 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37131 Hwy 24
Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$90,000
-10%
MLS
10/07/2025
Listed
$100,000
1900%
MLS
6/13/2017
Sold
$5,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37131 Hwy 24
Year
Property Taxes
Change
Tax Assessment
Change
2024
$69
1%
$1,000
—
2023
$68
-66%
$1,000
-65%
2021
$198
2%
$2,820
3%
2022
$195
-2%
$2,740
-10%
2021
$198
-13%
$3,040
—
2019
$227
21%
$3,040
25%
2018
$187
-1%
$2,430
—
2017
$188
119%
$2,430
119%
2016
$86
-1%
$1,110
—
2015
$87
-1%
$1,110
—
2014
$88
-1%
$1,110
—
2013
$89
—
$1,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37131 Hwy 24
37131 Highway 24, Matheson, CO 80830 (MLS# 5766253) is a Single Family property with 3 bedrooms, 0 full bathrooms and 2 partial bathrooms. 37131 Highway 24 is currently listed for $90,000 and was received on October 07, 2025. Want to learn more about 37131 Highway 24? Do you have questions about finding other Single Family real estate for sale in Matheson? You can browse all Matheson real estate or contact a Coldwell Banker agent to request more information.

