Elizabeth Equestrian Ranch offers 144 acres of beautiful gently rolling hills grading into the Running Creek valley with grassland pasturesand excellent buildings including an executive class home, indoor arena and other equestrian facilities located a few miles north ofElizabeth, Colorado. The property includes 198 Acre Feet of Denver Basin water rights and is currently used for livestock ranching andequestrian activities. Boasting Pikes Peak Mountain views overlooking the Running Creek Valley, the property has a warm protectedsurrounding and is ideal for a livestock and/or horse operation and recreational activities. The property is ideally situated for futuredevelopment into smaller ranchettes; however, its most promising opportunity is a private equestrian estate.
For sale
$3,850,000
38017 County Road 17, Elizabeth, CO 80107
4beds
5baths
4,704sqft
Mixed Use
Built in 1999
144.22 Acres Lot
$-- Zestimate®
$818/sqft
$-- HOA
What's special
Indoor arenaEquestrian facilitiesWarm protected surroundingPikes peak mountain viewsBeautiful gently rolling hillsExecutive class homeGrassland pastures
- 19 days
- 342
- 21
Zillow last checked:
Listing updated:
Listed by:
Karen Mikkelson 877-207-9700,
Mason & Morse Ranch Company,
Non-IRES Agent 970-593-9002,
Non-IRES
Source: IRES as distributed by MLS GRID,MLS#: 1069816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Primary bedroom
- Description: Carpet
- Features: 5 Piece Primary Bath
- Level: Main
Bedroom 2
- Description: Carpet
- Level: Lower
Bedroom 3
- Description: Carpet
- Level: Lower
Kitchen
- Description: Ceramic Tile
- Level: Main
Living room
- Description: Carpet
- Level: Main
Heating
- Baseboard, Zoned
Cooling
- Central Air, Ceiling Fan(s), Attic Fan
Appliances
- Included: Gas Range, Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Laundry: Sink, Washer/Dryer Hookup
Features
- Eat-in Kitchen, Separate Dining Room, Cathedral Ceiling(s), Pantry, Walk-In Closet(s), Sauna, Kitchen Island, High Ceilings
- Windows: Window Coverings, Bay or Bow Window
- Basement: Partially Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Insert, Living Room, Family Room, Bedroom
Interior area
- Total structure area: 4,704
- Total interior livable area: 4,704 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Attached
- Attached garage spaces: 3
- Details: Attached
Accessibility
- Accessibility features: Level Drive, Main Floor Bath, Accessible Bedroom
Features
- Levels: Raised Ranch
- Spa features: Bath
- Fencing: Wood,Other,Wire
- Has view: Yes
- View description: Mountain(s), Hills, City
- Waterfront features: Abuts Stream/Creek/River
- Body of water: Seasonal Creek
Lot
- Size: 144.22 Acres
- Features: Pasture, Dry, Evergreen Trees, Deciduous Trees, Native Plants, Rolling Slope, Water Rights Included
Details
- Additional structures: Corral(s), Barn(s), Livestock Shed
- Parcel number: R122365
- Zoning: Ag
- Special conditions: Private Owner
- Horses can be raised: Yes
- Horse amenities: Horse(s) Allowed, Barn, Corral(s), Pasture, Tack Room, Loafing Shed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
Materials
- Brick, Stucco
- Roof: Tile
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: 200 Volts
- Gas: Propane
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Propane, Master Meter-Electric
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Security: Security System, Fire Alarm, Security Gate
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $818/sqft
- Tax assessed value: $988,982
- Annual tax amount: $7,232
- Date on market: 10/1/2026
- Listing terms: Cash,Conventional,VA Loan
- Exclusions: Sellers personal property, all farm and ranch equipment.
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $3,850,000$818/sqft |
Source:  IRES as distributed by MLS GRID #1069816 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,232 +14.1% | $91,320 +6.8% |
| 2024 | $6,337 +22.1% | $85,520 |
| 2023 | $5,192 -5.4% | $85,520 +27.6% |
| 2022 | $5,485 | $67,030 -5.7% |
| 2021 | -- | $71,110 -6.7% |
| 2020 | $5,914 | $76,210 |
| 2019 | -- | $76,210 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80107
Nearby schools
Schools provided by the listing agent
- Elementary: Singing Hills
- Middle: Elizabeth
- High: Elizabeth Sr
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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