He sold the land rights nine months later for $1,000 ( equivalent to $20,428 in 2017 ) to the Colorado Springs Land Company .
Nathaniel Colby homesteaded 160 acres in South Cheyenne Canyon , including Seven Falls in December 1872 .
Nathaniel Colby sold the land rights nine months later for $1,000 ( equivalent to $20,428 in 2017 ) to the Colorado Springs Land Company .
Nathaniel Colby homesteaded 160 acres in South Cheyenne Canyon , including Seven Falls in December 1872 .