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$ 429,900
Est. payment /mo
Price Dropped by $10K
1559 Paddock ST Elizabeth, CO 80107
7.15 Acres Lot
UPDATED:
08/26/2024 03:26 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Southern Hills
MLS Listing ID 8206323
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $4,119
Tax Year 2023
Lot Size 7.150 Acres
Acres 7.15
Property Description
HUGE PRICE REDUCTION - Introducing a prime 7.15-acre property in Elbert County, perfect for building your dream home. Nestled in the desirable Southern Hills subdivision, this land offers a serene environment with excellent proximity to top-rated schools, including Running Creek Elementary, Elizabeth Middle, and Elizabeth High School. Zoned RA-1, the property provides flexibility for various residential and agricultural uses. Significant improvements since 2020 include a well house with a concrete foundation, extended wellhead, copper piping to three hydrants, and electrical wiring to one hydrant for potential greenhouse development. Additionally, a drain near the pump house directs water to the driveway. The fully fenced property features a well installed three years ago with a new pump, pipe, and wiring, delivering a minimum flow rate of 17 gallons per minute at a depth of 280 feet. The well is permitted for both domestic and livestock use, offering state-tested, high-quality hard water. Natural gas is available with a meter located at the back corner of the lot. Don’t miss this opportunity to own a slice of Colorado’s beautiful landscape, just a short drive from local amenities and the charm of Elizabeth’s town center.
Location
State CO
County Elbert
Zoning RA-1
Interior
Fireplace N
Exterior
Fence Full
Utilities Available Electricity Connected, Natural Gas Connected
Garage No
Building
Lot Description Level
Sewer Septic Tank
Water Well
Schools
School District Elizabeth C-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Atlas Real Estate Group • chris.nehren@realatlas.com,801-450-2675