Active
2470 Driftwood Circle
Elizabeth CO, 80107
$4,000,000
$1,392.76 per sqft
Active
3 Beds
3 Baths
2,872 sqft
Multi-family
Built in 2005
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.
7442451
MLSⓇ ID
March 16, 2024
Listed
May 9, 2024
Updated
Map
2470 Driftwood Circle
Elizabeth CO, 80107
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Hot Water, Propane
Exterior/Building Features
Lot Size
120 Acres
Lot Features
Suitable For Grazing
Architectual Style
A-Frame
Roof
Composition
Sewer
Septic Tank
School Information
School District
Elizabeth C-1
High School
Elizabeth
Elementary School
Singing Hills
Other Property Details
Taxes
$3,196
Tax Frequency
Annually
Garage
No
Parking Total
10
View
Yes
View Description
Meadow, Mountain(s)
County
Elbert
Water Source
Private, Well
Pool
No
Waterfront
Yes
Zoning
AG
Buyer Agency Compensation
2%
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