Overlook at Homestead
By Jessica Carcoana · Updated September 2026
A 62-home luxury subdivision approved in 2024 on 350 acres near the intersection of Elbert Road and Hopper Road, northwest of Peyton. Developer Proterra Properties plans 5-acre lots with custom homes averaging $1.4 million, to be built between 2027 and 2032. The land was rezoned from agricultural to rural residential by El Paso County commissioners. Each lot will require its own well and septic system. This is Peyton's most significant planned luxury development, watch for construction timelines to firm up as infrastructure permitting progresses. Adjacent to Homestead Ranch Regional Park.
At a glance
Community Anchors
- Paint Mines Interpretive Park, colorful hoodoo formations, free admission, unique geological site
- Homestead Ranch Regional Park, 450 acres with equestrian trails, hiking, fishing lake, playground
- Antler Creek Golf Course, 18 holes, public, 8,000+ yards (longest in Colorado)
- Falcon Regional Park, 215 acres with ball fields, dog park, developing amenity base
- Meridian Ranch Recreation Center, 42,000 sq ft fitness center, indoor/outdoor pools (D49 area)
- Black Forest trail network, Ponderosa pine hiking and mountain biking (west of corridor)
- Pikes Peak Library District, High Prairie branch in Falcon corridor
- Falcon Town Center and Falcon Highlands Marketplace, Walmart, Walgreens, dining, services
- El Paso County Sheriff, law enforcement for unincorporated Peyton
- Domestic wells and septic systems standard throughout, no municipal water/sewer
Schedule a call with Jessica to discuss the Peyton market and homes in Overlook at Homestead.
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Quick answersQuestions about Overlook at Homestead
When was Overlook at Homestead built?
Homes in Overlook at Homestead were built between 2027 and 2032 (new build). Builders on record include Proterra Properties.
Is there an HOA in Overlook at Homestead, and what does it cost?
Overlook at Homestead has no homeowners association on record (metro district).
What amenities does Overlook at Homestead have?
Overlook at Homestead amenities include 62 custom homes on 350 acres, 5-acre lots with wells and septic, rural residential zoning (rezoned from agricultural), and proximity to Homestead Ranch Regional Park.
How big are the lots in Overlook at Homestead?
Typical lots in Overlook at Homestead run 5 acres.
Which schools are near Overlook at Homestead?
Schools near Overlook at Homestead include Peyton Elementary (23-JT), Peyton Middle School, and Peyton High School. Verify enrollment eligibility by address.
Parks and Schools
- Homestead Ranch Regional Park
- Peyton Elementary (23-JT)
- Peyton Middle School
- Peyton High School
Verify school assignment by address with the district. Attendance boundaries do not follow neighborhood lines.
Commute and Access
- 5 minPeyton Hwy
- 15 minUS-24
- Elbert Rd
- Hopper Rd
Transit in Peyton: No public transit, completely car-dependent community (transit score: 0) · Nearest transit is Mountain Metro in Colorado Springs (25-35 min drive) · Starlink satellite internet popular due to limited terrestrial broadband
Resources
- Overlook Metropolitan District (metro district)District governance documents
Other Neighborhoods in Peyton
- Woodmen Hills$450K–$700K (estimated)
- Paint Brush Hills$480K–$600K (estimated)
- Falcon Highlands$400K–$550K (estimated)
- Saddlehorn Ranch$725K–$1.4M (estimated)
- Peyton Pines$650K–$1.05M (estimated)
- Reata$525K–$800K (estimated)
- Blue Sage$400K–$550K (estimated)
- Rivers Divide$550K–$850K (estimated)
- Old West Ranch$600K–$1.3M (estimated)
About This Profile
This profile of Overlook at Homestead was researched in April 2026. It was last reviewed in September 2026. The price range is an estimate built from comparable nearby neighborhoods rather than from direct listings. Amenity coverage is limited because few public sources describe this neighborhood. Approved 2024; projected avg $1.4M per CPR/Gazette reporting; 2027-2032 build timeline; not yet under construction.
Data sourced from direct and indirect online resources. Details are subject to change over time as we continue to research this area.