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    27460 Elizabeth St Elizabeth, CO 80107

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    For Sale
    $335,000

    Residential agriculture land with mountain views and adjudicated water rights.

    Lot size:
    9.85 Acres

    Property Features for 27460 Elizabeth St

    General Information

    Standard status
    Active
    Lot size
    9.85 Acres

    Source: COMPASS - DENVER Agent CHRIS COTE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unobstructed Mountain View Land

    This property offers full, unobstructed mountain views of the entire Front Range, from Pikes Peak to Longs Peak. Located just ahead of the development curve, it presents an investment opportunity while remaining conveniently close to town via county-maintained roads. The property is suitable for building a dream home or maintaining open space for horses and other activities. It features 395 feet of frontage on County Road 5 and a depth of 1100 feet. Power is available on the road. Water rights have been adjudicated from the state and will be transferred for the 5 aquifers below the property. The land is approved for drilling at the shallowest available aquifer (Upper Dawson). A previous well permit has expired. Zoned RA (Residential Agriculture), the property is located in a rural area, 2 miles from pavement, 18 miles from Castle Rock or Parker, and 30 miles from Colorado Springs. Roads are maintained by Elbert County. The area features large lots and neighbors. It is suitable as a horse property, with room for a barn, garden, and horses. The backside of the property offers open valley views.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Elbert
    State
    Colorado
    Longitude
    -104.610419
    Latitude
    39.360618

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    FAQs

    What type of property is this?
    Agricultural land - Residential agriculture land with mountain views and adjudicated water rights.
    Where is this agricultural land located?
    The property is located at 27460 Elizabeth St Elizabeth, CO.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Unobstructed mountain views from Pikes Peak to Longs Peak.; - Adjudicated water rights for 5 aquifers to be transferred.; - Approved to drill for water at the Upper Dawson aquifer.
    (303) 536-1786
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    27460 Elizabeth St Elizabeth, CO 80107
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    Elizabeth, CO 80107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27460 Elizabeth St Elizabeth, CO 80107
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