Residential

$799,000

9225 County Road 174, Elizabeth CO

MLS ID: IRE9408946
Price / Acre: $13,317/acre
County: Elbert
Acres: 60
Set on a spacious 60-acre parcel, this property offers an incredible opportunity to create your dream equestrian retreat or future investment property. The home is a modular with solid bones, but it does need remodeling, while the barn also requires renovation and TLC-making this an excellent opportunity for buyers looking to customize, improve, and add value. Unlike starting from a vacant lot, this property already includes existing improvements, which can save buyers significant time and expense related to permits, utility installation, and building from scratch on raw land. According to a conversation with the county, the land may be dividable; however, buyers are strongly encouraged to contact the county directly to verify all subdivision possibilities, zoning, and development potential. The true value is in the land. Comparable nearby parcels of approximately 40 acres-without existing utilities such as electricity, septic, or well-have reportedly sold for around $400,000. This property already offers valuable existing infrastructure, and the pricing reflects the strong underlying land value supported by nearby vacant land sales. Buyers are encouraged to review recent land sales, lot sizes, and development activity in the area for additional context. With its size, usability, and location, the property may also offer strong future development potential. The expansive acreage provides plenty of space for horses, grazing, recreational use, and building out a full equestrian setup while enjoying the peaceful rural lifestyle. There may also be an opportunity for owner carry financing. Please contact the listing agent for details. For showings or additional information, please contact the listing agent at 303-419-6262. If you're someone who appreciates the connection between horses and the land, this property could be your dream come true. For showings, please contact the listing agent..

Interior Details

Bedrooms: 3
Bathrooms: 3
Square Feet: 2,421
Year Built: 1999
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.