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Rick Cavallaro

[email protected] +1(303) 641-1632

$ 5,895,000

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Active

39848 Swift Creek Cir Elizabeth, CO 80107

4 Beds

5 Baths

3,495 SqFt

UPDATED:

10/29/2024 02:13 AM

Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,495 sqft

Subdivision Elizabeth

MLS Listing ID 1014893

Style Ranch

Bedrooms 4

Full Baths 2

Half Baths 2

Three Quarter Bath 1

HOA Y/N false

Abv Grd Liv Area 3,495

Originating Board IRES MLS

Year Built 1995

Annual Tax Amount $13,313

Lot Size 310.000 Acres

Acres 310.0

Property Description

Adjusted value Swift Creek Farms Equestrian Estate includes 310.25+/- acres, a gorgeous 7,075 SF 4BR, 5BA Executive Home, a 2,778 SF Duplex, a 26K SF Equestrian Facility, and Hay Barn. The distinctive park-like setting includes a variety of amenities including ponderosa, cottonwoods, ponds, abounding wildlife, and 1 mi. of creek with three waterfalls coursing through the property. The 4BR 5BA custom residence has 7,075 SF of high-end finishes, two fireplaces, two wet bars, an endless pool, home theatre, a second kitchen/laundry area on lower level, large storage room, a large sunroom, and an oversized 3 car garage. The 26,000 SF, 17 stall equestrian facility has 6 paddocks, a one-mile-long trotting or running track, trails, two offices, and indoor arena, men's and women's bathrooms and an indoor viewing lounge with water and refrigerator. The adjacent Duplex features a 3BR, 2BA unit, and a 2BR 1BA unit with a 2-car garage. There are 4 wells and adjudicated water rights drawing from 2 aquifers. Buyer of this magnificent and unique estate can utilize it as a private residence with substantial income as land values increase over time, and short- or long-term development options can ensure highly profitable ownership. There have been discussions with Elbert County on development of the property into high-end custom home sites. One vision is to create a sanctuary/nature preserve using the equestrian facility as a center of activity and available for homeowners with horses or equine requirements. Conservation easements can generate large federal and state tax credits.The Equestrian Center can be for personal use or rented for an income of $10K per mo. The 2 BR, 1BA unit in the duplex is valued at $1,600 per mo, and the 3 BR, 2BA unit would fetch approx $2,600. Income generated via grazing or hay sales would be approx $250 per mo. Total revenue from these rentals could be $14,450 per month or $173,000 per annum + the generous tax benefits associated with income property.

Location

State CO

County Elbert

Area Metro Denver

Zoning RUR HMST

Direction Goggle Maps for best route. I-25 exit Ridgegate Parkway, east to South Chambers Road. Turn right and proceed to Hess Road. Left on Hess Road to Singing Hills Road. From Singing Hills Road go to CR13. Right on CR 13. Left on Fern Road then Right on Swift Creek. Left at stone monument sign follow dirt road through gate to home.

Rooms

Family Room Ceramic Tile Floor

Other Rooms Storage, Outbuildings

Basement Partially Finished

Primary Bedroom Level Main

Master Bedroom 24x16

Bedroom 2 Main 17x17

Bedroom 3 Lower 15x12

Bedroom 4 Lower 15x15

Dining Room Wood Floor

Kitchen Wood Floor

Interior

Interior Features Satellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Kitchen Island, 9ft+ Ceilings, Beamed Ceilings, Crown Molding, Sunroom

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Flooring Wood Floors

Fireplaces Type 2+ Fireplaces

Fireplace true

Window Features Window Coverings,Bay Window(s),Skylight(s),Sunroom,Double Pane Windows

Appliance Electric Range/Oven, Gas Range/Oven, Down Draft, Self Cleaning Oven, Continuous-cleaning Oven, Double Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Microwave, Trash Compactor, Water Purifier Owned, Disposal

Laundry Sink, Washer/Dryer Hookups, Lower Level

Exterior

Exterior Feature Balcony

Garage Garage Door Opener, RV/Boat Parking, >8' Garage Door, Oversized

Garage Spaces 3.0

Fence Partial

Utilities Available Electricity Available, Propane, Cable Available

Waterfront true

Waterfront Description Abuts Stream/Creek/River

View Mountain(s), Plains View, Water

Roof Type Tile

Present Use Horses,Zoning Appropriate for 4+ Horses

Street Surface Dirt

Handicap Access Level Drive, Low Carpet, Main Floor Bath

Porch Patio, Deck, Enclosed

Building

Lot Description Lawn Sprinkler System, Water Rights Included, Wooded, Level, Rolling Slope, Sloped, Steep Slope, Abuts Farm Land, Meadow, Stream, Waterfront, Pond on Lot, Waterfall

Faces West

Story 1

Sewer Septic

Water Well, Private Wells

Level or Stories One

Structure Type Wood/Frame,Stone,Stucco

New Construction false

Schools

Elementary Schools Singing Hills

Middle Schools Elizabeth

High Schools Elizabeth Sr

School District Elizabeth C-1

Others

Senior Community false

Tax ID R124175

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Coldwell Banker Realty-Boulder • 7209345712

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

Rick Cavallaro

39848 Swift Creek Cir Elizabeth, CO 80107

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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39848 Swift Creek Cir