39848 Swift Creek Circle, Elizabeth, Colorado 80107
ResidentialProperty Type
3,495 SqftSquare Footage
Oversized CarsGarage
1995Year Built
Property Description
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.
Basic Details
Residential
For Sale
IR1014893
$5,395,000
Mountain(s),plains,water
4
5
2
3,495 Sqft
1995
310 Acre
Active
2
Single Family Residence
Features
: Propane, Forced Air
: Central Air, Ceiling Fan(s)
: Partial
: Smoke Detector(s), Fire Sprinkler System
: Patio, Deck
: Spanish Tile
: Oversized, Rv Access/parking, Oversized Door
: Balcony
: Wood
: Walk-in Closet(s), Open Floorplan, Pantry, Wet Bar, Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s)
: In Unit
: Stream
Appliances
: Dishwasher, Microwave, Refrigerator, Dryer, Washer, Oven, Disposal, Trash Compactor, Double Oven, Self Cleaning Oven, Bar Fridge, Down Draft
Address Map
US
CO
Elbert
Elizabeth
80107
Swift Creek
39848
Circle
0
W105° 24' 35.6''
N39° 26' 32.7''
Neighborhood
Singing Hills
Elizabeth
Elizabeth
Additional Information
$0
Yes
$0
$0
: Stone, Stucco, Wood Frame
West
Goggle Maps for best route. I-25 exit Ridgegate Parkway, east to South Chambers Road. Turn right and proceed to Hess Road. Left on Hess Road to Singing Hills Road. From Singing Hills Road go to CR13. Right on CR 13. Left on Fern Road then Right on Swift Creek. Left at stone monument sign follow dirt road through gate to home.
Elizabeth C-1
3
$0
Elizabeth C-1
Yes
$0
3034495000
: Rolling Slope, Steep Slope, Level, Sprinklers In Front, Meadow, Flood Zone
13503600
3
2
$0
REcolorado
: Satellite Dish, Home Theater
R124175
3
21/08/2024 00:04:17
40
Private Road
Dirt
Septic Tank
House
$13,313
2023
$0
$0
39848 Swift Creek Circle, Elizabeth, Colorado 8010
: Electricity Available, Cable Available, Internet Access (wired)
The data relating to real estate for sale on this website comes in part from the REColorado.
All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.