2470 Driftwood Circle Elizabeth, CO $ 4,000,000
2470 Driftwood Circle
$ 4,000,000
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2470 Driftwood Circle

Elizabeth, CO, 80107
$ 4,000,000
Bedrooms3 Baths3.0 Sq 4,308

Monthly Estimate*

$ 27,941

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Farms/Ranches for sale in Elizabeth, CO

for $4,000,000 with 3 bedrooms and 3 full baths. This 4,308 square foot property was built in 2005 on a lot size of 120.

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.

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Farms/Ranches Active

Price

$ 4,000,000

Bedrooms

3

Full Bath

3

Property Type

Farms/Ranches

Taxes

$ 3,195

Style

Raised Ranch

Lot Size

120

Year Built

2005

Town/City

Elizabeth

County/Region

Elbert

MLS | Web ID

2041585

Features
General
Utilities Electricity Available Propane
Roof Composite Shingle
Water Well
Number of Garage Spaces 0
School District Elizabeth C-1
Property Type Farms
Yearly Taxes 3195.88
Tax Year 2022
Status Active
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Exterior
Siding Wood
Garage Type None
Structure Double Wide
Lot Size 5227200.0000
Foundation Full Basement Walk Out
Lot Description Meadow Mountain View Stream/Creek Trees/Woods
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Interior
Full Baths 3
Floor Plan Raised Ranch
Half Baths 0
Three Quarter Bath 0
Total Baths 3
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* Excluded Features
List By
Exp Realty Llc

Broker

dfordgreen@gmail.com

Email

Affordability Calculator

$28,207
Per Month
99%
1%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
$266
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3076201 Elementary School
3076200 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$4,000,000 Listed Price

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2470 Driftwood Circle, Elizabeth, CO, 80107 is a Farms/Ranches for sale at $4,000,000 with 4,308 sqft and a lot size of 120. 2470 Driftwood Circle has 3 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 80107 which is in Elizabeth, CO