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2470 Driftwood Circle, Elizabeth, CO 80107

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For Sale

$4,000,000

3 beds • 3 baths • 4,308 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • $928.51
    Price per square foot

  • 11-20 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Introducing Colorado's Equestrian Ranch, a magnificent 120-acre estate nestled in Elizabeth, CO, located within the EDZ zone. Currently designated as AG zoning yet situated within the EDZ zoning, this property offers the potential for low-density residential redevelopment, or various commercial/light industrial uses permitted within the EDZ zone. On-site amenities include a where natural beauty meets functionality" manufactured home featuring either three bedrooms or two bedrooms with a study, accompanied by three bathrooms and a fully finished basement. This residence provides an ideal temporary dwelling for caretakers or those envisioning their dream home. The property boasts two domestic wells and two septic systems, ensuring convenience for both residents and livestock. Additionally, with AG zoning and situated within an EDZ-zoned equestrian property, this ranch offers a unique blend of residential and commercial opportunities. Facilities include an 8-stall barn with runs and a spacious Quonset equipped with electricity, a bathroom, and concrete flooring. Half of the Quonset serves as a versatile workshop with 220-volt capabilities, while the other half provides hay storage. Spanning 120 acres, the ranch falls under Elbert County's AG zoning and is within EDZ zoning, allowing for commercial utilization across the premises. Alternatively, the property can be subdivided into smaller parcels for low-density residential development, providing flexibility for prospective buyers. The current seller is open to staying and leasing back while buyers plan and appropriately rezone the property according to county EDZ zoning. With its diverse amenities, prime location, and dedication to equine welfare through the "Journey with Equus" non-profit organization, this Colorado Equestrian Ranch offers a rare opportunity for exploration and appreciation. For more information and to uncover the full potential of this extraordinary property, contact the listing agent today.
MLS# 2041585

Courtesy Of eXp Realty, LLC

(888) 440-2724

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Basement
  • Architecture Style
    Other
  • Exterior Type
    Wood
  • Heating System
    Forced Air, Hot Water
  • Lot Size
    120 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Basement, Bedroom, Full Bath
  • View Type
    Mountain

Map and Directions

Directions to 2470 Driftwood Circle, Elizabeth, CO 80107

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Copyright © 2024 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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