Active
39848 Swift Creek Cir
Elizabeth CO, 80107
$5,395,000
$1,543.63 per sqft
Active
4 Beds
5 Baths
3,495 sqft
Residential
Built in 1995
The exquisite 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 ponderosas, 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.
1014893
MLSⓇ ID
July 23, 2024
Listed
August 23, 2024
Updated
Map
39848 Swift Creek Cir
Elizabeth CO, 80107
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
5
Full Bathrooms
2
Half Bathrooms
2
Three-Quarter Bathrooms
1
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, 9 ft Ceilings, Beamed Ceilings, Crown Molding, Sunroom
Appliances
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
Laundry Description
Sink, Washer/Dryer Hookups, Lower Level
Floor Description
Wood Floors
Fireplace
Yes
Fireplace Description
2 Fireplaces
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
310 Acres
Exterior Features
Balcony
Lot Features
Lawn Sprinkler System, Water Rights Included, Wooded, Level, Rolling Slope, Sloped, Steep Slope, Abuts Farm Land, Meadow, Stream, Waterfront, Pond on Lot, Waterfall
Architectual Style
Ranch
Roof
Tile
Sewer
Septic
School Information
School District
Elizabeth C-1
High School
Elizabeth Sr
Elementary School
Singing Hills
Other Property Details
Area Name
Metro Denver
Taxes
$13,313
Tax Frequency
Annually
Days on Market
29
Garage
Yes
Garage Spaces
3
Parking
Garage Door Opener, RV/Boat Parking, 8 Garage Door, Oversized
View
Yes
View Description
Mountain(s), Plains View, Water
County
Elbert
Water Source
Well, Private Wells
Pool
No
Waterfront
Yes
Zoning
RUR HMST
Listed by Richard Gundersen with Coldwell Banker Realty-Boulder
Listing Contact: 7209345712
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/23/2024 at 8:34 AM UTC