$3,850,000 Price Analysis 2470 Driftwood CirElizabeth, CO 80107 3 bed 3 bath 2,872 SqFt ($1340/SqFt) 120.0 acre lot. Built 2005 Listed 2024-03-16, Taxes $3,195 | May be USDA loan restricted due to income limits near 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 comm ercial/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 n 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 open 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.
Presented by Dawn Green at
eXp Realty, LLC.
Property MLS #7442451 from REcolorado
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $36,970 + $3,020 $39,990 | $3,195 |
2021 | $39,410 + $3,170 $42,580 | $3,389 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.