2470 Driftwood Circle, Elizabeth

$4,000,000

3 Beds
3 Baths
2,872 Sqft
120 Acres
0 Garages

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.

Status: Active

Metrolist Services Inc (Colorado) Logo eXp Realty, LLC.

Essential Information
MLS® #7442451
Price$4,000,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage2,872
Acres120.00
Year Built2005
TypeFarm and Ranch
Sub-TypeOther
StyleA-Frame
StatusActive
Community Information
Address2470 Driftwood Circle
CityElizabeth
CountyElbert
StateCO
Zip Code80107
Amenities
ViewMeadow, Mountain(s)
Is WaterfrontYes
WaterfrontPond
Utilities

Electricity Available, Internet Access (Wired)

Interior
HeatingForced Air, Hot Water, Propane
CoolingNone
StoriesOne
Has BasementYes
Basement

Finished, Full, Walk-Out Access

Exterior
Lot DescriptionSuitable For Grazing
RoofComposition
Foundation

Concrete Perimeter, Raised, Slab

School Information
DistrictElizabeth C-1
ElementarySinging Hills
MiddleElizabeth
HighElizabeth
Additional Information
Date ListedMarch 16th, 2024
ZoningAG
Parking Spaces10
Listing Details
Metrolist Services Inc (Colorado) LogoeXp Realty, LLC
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Listing information last updated on May 8th, 2024 at 11:19am MDT.