Location, location, location! Check out this amazing equestrian property located one mile from the edge of Colorado Springs and Schriever AFB, 8 miles to Falcon shopping center and 15 minutes from Powers. This 5,800+ square foot home sits on a corner lot with 4.84 acres of land. The main level features a spacious kitchen that is equipped with granite counters, a gas stove on the large island, a breakfast bar and an eat-in dining space. Just off the kitchen is the open concept living room with a fire place, access to the back deck and formal dining. The master bedroom can also be found on the main level. This space offers a private fireplace, very spacious bathroom with double vanities, granite counters, a walk in shower, and walk in closets! Two additional bedrooms and a full bathroom can also be found on this level. The main level features a separate living area with a living room, 2 bonus rooms and plenty of storage space. This separate living space has a private entrance just off of the 4 car garage. In the basement you are greeted with a very large living room that offers a fireplace and a second kitchen with all necessary appliances. This space also has a private entrance accessed on the east side of the garage. Just off the kitchen, you will find a full bathroom and a bonus room with built ins that can be used as storage, an office or whatever you see fit! The basement has 2 additional bedrooms. Both offer ample space and private bathrooms. This amazing home comes with .55 acre feet of water rights. The water rights hereunder are conveyed pursuant and subject to Colorado Ground Water Determination No. 4-BD, as amended, and are limited to an annual withdrawal for residential purposes of 0.55 acre feet per lot. Use of the ground water under Colorado Ground Water Determination No. 4-BD is subject to the following uses: 0.27 acre feet for household use; 0.25 acre feet for a maximum of 4,300 square feet of lawn area; 0.03 acre feet for a maximum of two horses.