$429,900
For Sale

1559 Paddock Street

Elizabeth, CO 80107
Listing OfficeAtlas Real Estate Group
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionLevel
    • Measurements
      • Acres7.15
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • SubdivisionSouthern Hills
    • Location
      • School DistrictElizabeth C-1
      • CountyElbert
  • Financial Details
      • Original List Price$449,900
      • Taxes Annual$4,119
  • Other
      • MLS #8206323

Location

Julie Sauter | Grey Rock RealtyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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