Land

$550,000

Cave Spring Trail, Elbert CO

MLS ID: IRE5375799
Price / Acre: $6,875/acre
County: Elbert
Acres: 80
A stunning 80 acre parcel overlooking East Cherry Creek. Investors take note, this parcel is sub-dividable and adjacent to smaller parcels. One of the last remaining larger parcels in the area. 80 acres of rolling hills, draws, rock out croppings and ponds overlooking the East Cherry Creek valley to the west. The ranch has well sodded native grass forage, two stock ponds and towering mountain and valley views! Elk, Mule Deer and Pronghorn are abundant in the area. The area is known for its equine population and events. The water rights are in process of adjudication and will be conveyed at closing, making this ranch ideal to subdivide into smaller parcels. The high plains region located on near the Douglas and Elbert County line is a mix of rolling pine covered hills and level farm ground is near the Palmer Divide. The Palmer Divide area is known to receive above average annual moisture and days of sunshine. Nearby communities of Parker, Castle Rock, Monument, Elbert and Elizabeth are thriving communities with numerous activities and community events with a rural flair. Located west of Elbert, Colorado and south of Elizabeth and Franktown, Colorado, these parcels are ideally located to take advantage of the rural nature of the area and proximity to the amenities and activities of Denver Metro (34 miles) and Colorado Springs (34 miles).
Elbert CO 80106

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