2470 Driftwood Circle, Elizabeth, CO 80107

Courtesy of Exp Realty LLC. (888) 440-2724

$4,000,000
3
BD
3
BA
4,308
SqFt

Property Description

Introducing Colorado's Equestrian Ranch, a magnificent 120-acre estate nestled in Elizabeth, CO, located within the EDZ zone. Currently designated as AG zoning yet situated within the EDZ zoning, this property offers the potential for low-density residential redevelopment, or various commercial/light industrial uses permitted within the EDZ zone. On-site amenities include a where natural beauty meets functionality" manufactured home featuring either three bedrooms or two bedrooms with a study, accompanied by three bathrooms and a fully finished basement. This residence provides an ideal temporary dwelling for caretakers or those envisioning their dream home. The property boasts two domestic wells and two septic systems, ensuring convenience for both residents and livestock. Additionally, with AG zoning and situated within an EDZ-zoned equestrian property, this ranch offers a unique blend of residential and commercial opportunities. Facilities include an 8-stall barn with runs and a spacious Quonset equipped with electricity, a bathroom, and concrete flooring. Half of the Quonset serves as a versatile workshop with 220-volt capabilities, while the other half provides hay storage. Spanning 120 acres, the ranch falls under Elbert County's AG zoning and is within EDZ zoning, allowing for commercial utilization across the premises. Alternatively, the property can be subdivided into smaller parcels for low-density residential development, providing flexibility for prospective buyers. The current seller is open to staying and leasing back while buyers plan and appropriately rezone the property according to county EDZ zoning. With its diverse amenities, prime location, and dedication to equine welfare through the "Journey with Equus" non-profit organization, this Colorado Equestrian Ranch offers a rare opportunity for exploration and appreciation. For more information and to uncover the full potential of this extraordinary property, contact the listing agent today.

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