There is a true sense of community in the town of Elizabeth. This marvelous One-Owner Property on beautiful 39.36 acre rectangular sloping acreage with natural grasses.Per the owner, the water well is adjudicated at a depth of 530 feet, water rights are included (documents available for review). Per Elbert County the septic is being replaced and owner is paying to upgrade to 1,500 gallon tank to accommodate for additional build of bedrooms in the basement. Secondary septic line allows for Camper dump into the septic and I've been told a second small worker house.House upstairs is 2249 s.f. with beautiful views. This home is ready for your touches and is on a hill overlooking the acreage. The upstairs has an open concept with vaulted ceiling and skylights. Composite deck with access to the deck from 2 bedrooms and the kitchen. The 2249 s.f. WALK OUT basement is nearly finished...it needs flooring and trim to finish 2/3rds of the basement. The basement is insulated, drywalled and heated. There is a propane free-standing fireplace for those cold Colorado nights. The basement bathroom is functional but needs the tub surround. The barn has two horse stalls (room for a 3rd) and lots of room to park your toys or farm equipment. Property is 100% fenced and cross fenced with 4 strand smooth wire. Currently zoned Agricultural (lower taxes), so bring your animals. Owner used part of the basement as an indoor wood shop. Possibilities abound on this property. Although this property is Rural, the Elizabeth town center is only 3 minutes away with a Walmart, Ace Hardware, Safeway, AutoZone, Napa, Dairy Queen, Pizza delivery from Dominos, Buzzards Pizza, Farmers Marke, (McDonalds in construction), and Fair Grounds (voted the "Best Small Rodeo"). Small town school district with award winning sports teams. Only 18 miles to I-25 through Castle Rock (straight shot), and only 16 miles to Parker, Colorado. Information is deemed reliable, buyer is responsible for verifying.