3074 County Road 166, Elizabeth, CO 80107

Property Description

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.