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39848 swift creek circle elizabeth, CO 80107

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$5,895,000

Beds: 4
 Baths: 5
 Fin SqFt: 3495
 MLS Number:
IR1014893
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Description:
Adjusted value 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 ponderosa, 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.

Status: Active




REcolorado MLS disclosures
Listing Office:
coldwell banker realty-boulder
Interior Features:
  • Eat-in Kitchen
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
Exterior Features:
  • Balcony
Site Features:
  • Flood Zone
  • Level
  • Meadow
  • Rolling Slope
  • Sprinklers In Front
  • Steep Slope
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Homes Near 39848 Swift Creek Circle Elizabeth, Co 80107

39848 swift creek circle
elizabeth 80107
Status: Active
elizabeth  House Search Picture
$5,895,000.00
Beds: 4      Baths: 5
MLS #:4567891014893
Listing Office:
coldwell banker realty-boulder
REcolorado MLS disclosures

Want to see more properties in Elizabeth , elizabeth or the surrounding areas? Email us for a full list at properties@petrelliteam.com.

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Call us today and find out why we're leaders for Houses in elizabeth, Colorado and the most most qualified REALTORS in Elizabeth. We can show you any available home in elizabeth, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. What are you waiting for? Call us today!
303-726-1874



The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than The Brian Petrelli Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
REcolorado MLS disclosures
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