Elizabeth, CO 80107,1559 Paddock ST
Elizabeth, CO 80107,1559 Paddock ST
Elizabeth, CO 80107,1559 Paddock ST
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$429,900
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7.15 Acres Lot
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1559 Paddock ST Elizabeth, CO 80107

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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


REColorado (REColorado MLS)
Listed by Atlas Real Estate Group • chris.nehren@realatlas.com,801-450-2675

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Laura Melquist

Broker Associate | License ID: FA.100094137

+1(303) 578-0755

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1559 Paddock ST