Under Contract
Residential

$2,999,000

3074 County Road 166, Elizabeth CO

MLS ID: IRE2189414
Price / Acre: $42,251/acre
County: Elbert
Acres: 70.98
For the first time in over 75 years, this property is offered for sale- a legacy ranch serving three generations in Elbert County, this 35 acre parcel is being sold with the adjacent 35 acres (3076 CR 166, Elizabeth, Parcel # R105398) for 70.98 total acres of tall pines, three homes, large heated shop with concrete floors, huge barn and attached indoor riding area. 2 wells and views of Pikes Peak!!! Enjoy it today as a ranch property, family retreat or investment. The county has indicated their support to create 5-acre lots with private septic and a private water system. The seller has adjudicated the water rights and you have over 189 Acre/Feet of water in four aquifers. These parcels are also included in the Elbert County Economic Development Zone, allowing the buyer to avoid costly rezoning and facilitate development of the property. The property is gently rolling with mature pines. The location is A+ with new subdivisions within 1 mile and strong demand for EDZ land uses. A rare offering of a large parcel with tons of potential. Rolling topography with mature pines and views of Pikes Peak contribute to the feel of sanctuary and privacy this property offers. Dwelling units are 1344 SF, 1131 SF and 1434 SF- however these square footages may not be accurate. This parcel contains a 1982 3/2 home (site built frame) , 1982 3/1.5 home ( modular) and a 1982 mobile home with 2 bedroom/1 bath. There are several loafing sheds, outbuildings, green house and more. These parcels are included in the Elbert County Economic Development Zone, allowing the buyer to avoid costly rezoning and develop the property with a wide variety of land uses. Buyer should refer to the Elbert County Zoning Code EDZ Zone for details- a copy is in the Supplements. There are two wells. One is permited. The other predates 1960 and will be permitted. There are extensive water rights included in the sale- ask listing agent for details.

Interior Details

Square Feet: 3,909
Year Built: 1982
Elizabeth CO 80107

Information source: ©2021 Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Terms of Use: Listing information is provided exclusively 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Information deemed reliable but not guaranteed by the MLS.

Information source: ©2021 RE Colorado, INC. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of RE Colorado, INC. Real estate listings held by brokers other than owners of this website are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.