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Home » Real Estate » CO » Elizabeth » 80107 » 1559 Paddock St, Elizabeth, CO, 80107
$429,900

1559 Paddock St, Elizabeth, CO, 80107

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.
Offered By
Christopher Nehren chris.nehren@realatlas.com,801-450-2675, Atlas Real Estate Group

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 8206323

Market Trends

New Properties On Market
43
26% Increase In New Listings
Average Asking Price
$677,396
$17,513 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$208
$12 Decrease In List Price/Sq. Ft.
Average Days On Market
20
17 Day Decrease In Days On Market
Data as of Nov 16, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively 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 Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/7/2024 at 4:34 pm