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 2,872

Monthly Estimate*

^$ 27,941

Listed by eXp Realty, LLC

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Farms/Ranches for sale in Elizabeth, CO

for $4,000,000 with 3 bedrooms and 3 full baths. This 2,872 square foot property was built in 2005 on a lot size of 120.

Nestled on a sprawling 120-acre estate in Elizabeth, CO, this property is a haven of potential within the EDZ zone. Whether you envision it as a charming wedding venue, a site for light industrial/commercial ventures, or a development opportunity with potential rezoning for 10-acre lots, the choices are abundant. Currently zoned AG but within the EDZ area, it offers possibilities for low-density residential redevelopment or diverse commercial/light industrial uses. The property features a "where natural beauty meets functionality" manufactured home with either three bedrooms or two bedrooms plus a study, three bathrooms, and a fully finished basement. This residence serves as an ideal temporary dwelling for caretakers or those planning their dream home. With two domestic wells and two septic systems, convenience is ensured for both residents and livestock. Facilities include an 8-stall barn with runs and a spacious Quonset equipped with electricity, a bathroom, and concrete flooring. Half of the Quonset functions as a versatile workshop with 220-volt capabilities, while the other half offers hay storage. This ranch falls under Elbert County's AG zoning and is within EDZ zoning, allowing for commercial use across the property. The property can also be subdivided into smaller parcels for low-density residential development, offering flexibility for prospective buyers. The current seller is open to a leaseback arrangement while buyers plan and navigate the rezoning process. With its diverse amenities, prime location, and commitment to equine welfare through the "Journey with Equus" non-profit organization, this Colorado Equestrian Ranch is a rare find, inviting exploration and appreciation.

Farms/Ranches Active

Price

^$ 4,000,000

Bedrooms

Full Bath

Property Type

Farms/Ranches

Taxes

^$ 3,196

Style

A-Frame

Lot Size

120

Year Built

2005

Town/City

Elizabeth

County/Region

Elbert

MLS | Web ID

7442451

Features

General

Sewer Septic Tank

Heating Forced Air Hot Water Propane

Cooling None

Utilities Electricity Available Internet Access (Wired)

Possession Close Plus 30 to 60 Days Negotiable

Roof Composition

Zoning AG

Garage Spaces 0

Architectural Style A-Frame

Construction Materials Wood Siding

Exclusions Any and all owner unattached personal property and with the following: All livestock panels (except those used for the runs in the barn) the temporary shelter logic sheds water tanks tack saddle rac

Pets Allowed Yes

Year Built 2005

Electric 220 Volts

View Meadow Mountain(s)

Levels One

Property SubType Farm

Tax Year 2022

Current Use Agricultural Livestock Residential

Percent Ownership Individual

Waterfront Features Pond

Additional Parcels Description The N 1/2 NE 1/4 and the NE 1/4 NW 1/4 of Section 13 Township 7 South Range 65 west of the 6th P.M. County of Elbert State of Colorado as known as: 2470 Driftwood Circle Elizabeth CO 80107

County Elbert

Property Type Farm

HOA / Comm Assn N

Attached Garage N

Possible Use Agricultural Commercial Livestock Residential

Status Active

Directions From Parker Hess Rd East Take Hilltop Rd and Co Rd 166 to Driftwood Cir in Elbert County

High School Elizabeth

City Elizabeth

Buyer Agent Compensation 2

Senior Community Y/N N

High School District Elizabeth C-1

Lot Size Square Feet 5227200

Carport Spaces 0

Street Name Driftwood

Listing Terms Cash Farm Service Agency Other

Elementary School Singing Hills

Tax Annual Amount 3196

Middle/Junior High School Elizabeth

Virtual Tour https://pages.kaydoh.com/12809/p/12910/VFgQnGLWJ

Structure Type Manufactured House

Standard Status Active

Middle/Junior School District Elizabeth C-1

Elementary School District Elizabeth C-1

Buyer Agent Compensation Type %

Interior

Basement Finished Full Walk-Out Access

Basement (Y/N) Y

Above Grade Finished Area 1436

Full Baths 3

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Circle

Total Bedrooms 3

Below Grade Finished Area 1436

Main Level Bedrooms 2

Main Level Bathrooms 2

Total Baths 3

Exterior

Fencing Fenced Pasture

Lot Features Suitable For Grazing

Water Source Private Well

Total Parking 10

Lot Size Area 5227200

Foundation Details Concrete Perimeter Raised Slab

Building Area Total 2872

Lot Dimensions 5227200

Lot Size Acres 120

Road Surface Type Dirt

Lot Size Units Square Feet

Road Frontage Type Shared Drive

Road Responsibility Private Maintained Road

Horse Y/N Y

Horse Amenities Loafing Shed Pasture Well Allows For

Internal Only

Street Number 1 2470

* Excluded Features

List By

Exp Realty, Llc

Broker

(303) 503-2650

Phone

Affordability Calculator

$28,208

Per Month

Monthly Principal & Interest: $27,941
Monthly Property Taxes: $266
Monthly Home Insurance: --

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Loan Term

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Yearly 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

Trends
Schools

Farm listings in Elizabeth, CO

Average List Price ^$4,000,000

Percent of Sale Price 0%

About Elizabeth, CO

1,355 Population

18% Since 2002

^$84,245 Median Income

44.89 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

732702 Elementary School

731742 Middle School

Elizabeth High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$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 2,872 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The 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.

Data is updated as of 5/19/2024.

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2470 Driftwood Circle

Farms/Ranches for sale in Elizabeth, CO

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