39848 Swift Creek Cir Elizabeth, CO 80107
Listing Courtesy of: IRES LLC / Coldwell Banker Realty / Richard "Rich" Gundersen - Contact:  7209345712

  39848 Swift Creek Cir Elizabeth, CO 80107

Active (153 Days)
$5,895,000
4
BED
5
BATH
7,075
SQFT

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.

MLS #:
1014893
Taxes
$13,313(2023)
Lot Size
310 acres
Type
Farm/Ranch
Year Built
1995
Style
Ranch
Views
Mountain(s), Plains View, Water
School District
Elizabeth C-1
County
Elbert County
Community
Elizabeth

Listed By

Richard "Rich" Gundersen, Coldwell Banker Realty, Contact: 7209345712
Source
IRES LLC
Last checked Dec 23 2024 at 6:04 AM MST
Bathroom Details
  • Full Bathrooms: 2
  • 3/4 Bathroom: 1
  • Half Bathrooms: 2
Interior Features
  • Satellite Avail
  • High Speed Internet
  • Eat-In Kitchen
  • Separate Dining Room
  • Cathedral/Vaulted Ceilings
  • Open Floorplan
  • Pantry
  • Walk-In Closet(s)
  • Wet Bar
  • Kitchen Island
  • 9ft+ Ceilings
  • Beamed Ceilings
  • Crown Molding
  • Sunroom
  • Laundry: Sink
  • Laundry: Washer/Dryer Hookups
  • Laundry: Lower Level
  • Electric Range/Oven
  • Gas Range/Oven
  • Down Draft
  • Self Cleaning Oven
  • Continuous-Cleaning Oven
  • Double Oven
  • Dishwasher
  • Refrigerator
  • Bar Fridge
  • Washer
  • Dryer
  • Microwave
  • Trash Compactor
  • Water Purifier Owned
  • Disposal
  • Windows: Window Coverings
  • Windows: Bay Window(s)
  • Windows: Skylight(s)
  • Windows: Sunroom
  • Windows: Double Pane Windows
Kitchen
  • Wood Floor
Subdivision
  • Elizabeth
Lot Information
  • Lawn Sprinkler System
  • Water Rights Included
  • Wooded
  • Level
  • Rolling Slope
  • Sloped
  • Steep Slope
  • Abuts Farm Land
  • Meadow
  • Stream
  • Waterfront
  • Pond on Lot
  • Waterfall
Property Features
  • Fireplace: 2+ Fireplaces
Heating and Cooling
  • Forced Air
  • Central Air
  • Ceiling Fan(s)
Basement Information
  • Partially Finished
Flooring
  • Wood Floors
Exterior Features
  • Roof: Tile
Utility Information
  • Utilities: Electricity Available, Propane, Cable Available
  • Sewer: Septic
School Information
  • Elementary School: Singing Hills
  • Middle School: Elizabeth
  • High School: Elizabeth SR
Garage
  • Attached Garage
Parking
  • Garage Door Opener
  • Rv/Boat Parking
  • >8' Garage Door
  • Oversized
Stories
  • 1
Additional Information: Boulder | 7209345712
Location
   
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Disclaimer: Updated: 12/22/24 22:04 Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Terms of Use: 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. Information deemed reliable but not guaranteed by the MLS.