39848 Swift Creek Circle Elizabeth, CO ^$ 5,395,000

39848 Swift Creek Circle

^$ 5,395,000

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39848 Swift Creek Circle

Elizabeth, CO, 80107

^$ 5,395,000

Bedrooms4 Baths3.2 Sq 7,075

Monthly Estimate*

^$ 32,311

Listed by Coldwell Banker Realty-Boulder

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Single Family Home for sale in Elizabeth, CO

for $5,395,000 with 4 bedrooms and 3 full baths, 2 half baths. This 7,075 square foot home was built in 1995 on a lot size of 310.

The exquisite 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 ponderosas, 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.

Single Family Active

Price

^$ 5,395,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 13,313

Style

House

Lot Size

310

Year Built

1995

Town/City

Elizabeth

County/Region

Elbert

MLS | Web ID

IR1014893

Features

General

Interior Features Eat-in Kitchen Kitchen Island Open Floorplan Pantry Vaulted Ceiling(s) Walk-In Closet(s) Wet Bar

Sewer Septic Tank

Heating Forced Air Propane

Cooling Ceiling Fan(s) Central Air

Utilities Cable Available Electricity Available Internet Access (Wired)

Possession Closing/DOD

Roof Spanish Tile

Appliances Bar Fridge Dishwasher Disposal Double Oven Down Draft Dryer Microwave Oven Refrigerator Self Cleaning Oven Trash Compactor Washer

Exterior Features Balcony

Zoning RUR HMST

Garage Spaces 3

Patio/Porch Features Deck Patio

Security Features Fire Sprinkler System Smoke Detector(s)

Construction Materials Stone Stucco Wood Frame

Exclusions Water Rights Included

Year Built 1995

View Mountain(s) Plains Water

Levels One

Property SubType Single Family Residence

Tax Year 2023

Percent Ownership Individual

Waterfront Features Stream

County Elbert

Property Type Residential

Home Owner Assoc N

Attached Garage Y

Subdivision Name Elizabeth

Facing Direction West

Possible Use Agricultural Commercial Industrial Multi-Family Residential

Full Baths 2

Status Active

Directions 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.

High School Elizabeth

City Elizabeth

High School District Elizabeth C-1

Lot Size Square Feet 13503600

Terms Cash Conventional FHA

Elementary School Singing Hills

Tax Annual Amount 13313

Middle/Junior High School Elizabeth

Virtual Tour https://my.matterport.com/show/?m=mYFyAndBTmK

Structure Type House

Standard Status Active

Occupancy Type Owner

Elementary School District Elizabeth C-1

Interior

Flooring Wood

Basement (Y/N) Y

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

Above Grade Finished Area 3495

Half Baths 2

3/4 Baths 1

Laundry Features In Unit

Total Bedrooms 4

Below Grade Finished Area 0

Main Level Bedrooms 2

Main Level Bathrooms 3

Total Baths 5

Exterior

Vegetation Grassed Wooded

Fencing Partial

Parking Features Oversized Oversized Door RV Access/Parking

Lot Features Flood Zone Level Meadow Rolling Slope Sprinklers In Front Steep Slope

Water Source Well

Total Parking 3

Building Area Total 7075

Lot Size Acres 310

Road Surface Type Dirt

Road Frontage Type Private Road

Other Equipment Home Theater Satellite Dish

Road Responsibility Private Maintained Road

Horse Y/N Y

Horse Amenities Arena Corral(s) Loafing Shed Pasture Tack Room

Internal Only

Street Number 1 39848

* Excluded Features

List By

Coldwell Banker Realty-Boulder

Broker

(303) 449-5000

Phone

Affordability Calculator

$33,420

Per Month

Monthly Principal & Interest: $32,311
Monthly Property Taxes: $1,109
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Elizabeth, CO

Average List Price ^$788,375

Percent of Sale Price 85%

About Elizabeth, CO

1,355 Population

18% Since 2002

^$84,245 Median Income

44.89 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

732702 Elementary School

731742 Middle School

Elizabeth High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/23/2024	$5,395,000		Listed Price

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39848 Swift Creek Circle, Elizabeth, CO, 80107 is a Single Family Home for sale at $5,395,000 with 7,075 sqft and a lot size of 310. 39848 Swift Creek Circle has 4 bedrooms, 3.2 baths, and was built in 1995. The property's zip code is 80107 which is in Elizabeth, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/22/2024.

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39848 Swift Creek Circle

Single Family Home for sale in Elizabeth, CO

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