Perfect opportunity to own five acres on a peaceful road in Northwest Elizabeth. This home is only 12 minutes form downtown Elizabeth, just off of County Road 13 between Hilltop and Singling Hills Rd. A spacious sun room leads into the home's dining room and kitchen featuring a breakfast bar area opening into the living room with a cozy woodburning stove. Sliding glass doors take you out to the brick paver patio where you can enjoy your acreage and livestock. The primary bedroom features a full wall of closet space and a full attached bathroom. Two additional bedrooms share a separate bathroom, and a laundry area is conveniently located just off the kitchen. A 3-car detached garage is accessed by two garage doors and has plenty of room for your vehicles, small engines, or a workshop. A fenced pasture is off the back of the home and features a large shed, with a second shed by the house. Raised garden beds are ready for sprucing up for the growing season. Bring your toys and your animals and move right in!
Roof replaced 3/23/2023 with impact resistant shingles.
Sold for $515,000
$515,000
40048 Margaret Drive, Elizabeth, CO 80107
3beds
1,502sqft
Manufactured Home
Built in 1981
5.04 Acres Lot
$501,500 Zestimate®
$343/sqft
$2,509 Estimated rent
Home value
$501,500
$436,000 - $577,000
$2,509/mo
Zestimate® history
Owner options
List your home for rent
$2,509/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,509/mo
Rent Zestimate®
Refinance and save
$3,007/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,007/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Raised garden bedsBrick paver patioFenced pastureSpacious sun roomDining roomPeaceful road
Zillow last checked:
Listing updated:
Listed by:
Ginger Giles 720-593-2378 ggiles@gilesteam.com,
Coldwell Banker Realty 24,
McLean Giles 720-593-2378,
Coldwell Banker Realty 24
Bought with:
Garrison Vandine, 100053998
JPAR - Platinum
Source: REcolorado as distributed by MLS GRID,MLS#: 7676847
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Description: Currently Used As Office
- Level: Main
Primary bathroom
- Level: Main
Bathroom
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Sun room
- Description: Keeps Out The Elements At The Entry
- Level: Main
Heating
- Forced Air, Wood Stove
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Laminate Counters, Primary Suite
- Flooring: Carpet, Linoleum, Tile, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,502
- Total interior livable area: 1,502 sqft
- Finished area above ground: 1,502
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 5.04 Acres
- Features: Many Trees, Meadow
- Residential vegetation: Wooded
Details
- Parcel number: R105419
- Zoning: MH
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Pasture
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Not Available, Propane
Community & HOA
Community
- Subdivision: Cross Diamond Acres
HOA
- Has HOA: No
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $395,341
- Annual tax amount: $1,498
- Date on market: 2/5/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Dirt
- Body type: Double Wide
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $515,000-2.8%$343/sqft |
Source:  REcolorado as distributed by MLS GRID #7676847 Report a problem | ||
| 2/17/2025 | Pending sale | $530,000$353/sqft |
Source: REcolorado as distributed by MLS GRID #7676847 Report a problem | ||
| 2/5/2025 | Listed for sale | $530,000+292.6%$353/sqft |
Source: REcolorado as distributed by MLS GRID #7676847 Report a problem | ||
| 7/12/2010 | Sold | $135,000$90/sqft |
Source: Public Record Report a problem | ||
| 6/12/2010 | Listed for sale | $135,000$90/sqft |
Source: RE/MAX Alliance #868955 Report a problem | ||
| 4/10/2010 | Listing removed | $135,000$90/sqft |
Source: RE/MAX Alliance #868955 Report a problem | ||
| 4/4/2010 | Listed for sale | $135,000$90/sqft |
Source: RE/MAX Alliance #868955 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,515 -4.9% | $26,490 |
| 2023 | $1,594 -27.6% | $26,490 -1.5% |
| 2022 | $2,202 | $26,890 -2.8% |
| 2021 | -- | $27,660 +24.1% |
| 2020 | $1,784 +9% | $22,280 |
| 2019 | $1,636 | $22,280 +10.3% |
| 2018 | $1,636 | $20,200 |
| 2017 | $1,636 -0.1% | $20,200 +60.2% |
| 2016 | $1,637 +54.5% | $12,610 |
| 2015 | $1,060 -0.1% | $12,610 +1.7% |
| 2014 | $1,060 | $12,400 |
| 2013 | -- | $12,400 -16.8% |
| 2012 | -- | $14,910 -0.1% |
| 2011 | -- | $14,930 -10.2% |
| 2010 | -- | $16,630 |
| 2009 | -- | $16,630 +24.2% |
| 2008 | -- | $13,390 |
| 2007 | $1,071 | $13,390 +4.9% |
| 2006 | -- | $12,770 -3.8% |
| 2004 | -- | $13,280 |
| 2003 | -- | $13,280 -1.3% |
| 2002 | -- | $13,460 |
| 2001 | -- | $13,460 |
Find assessor info on the county website
Neighborhood: 80107
Nearby homes
- $553,4003 bd2 ba1.3k sqft40074 Margaret Dr, Elizabeth, CO 80107Off Market
- $460,4003 bd1 ba1.5k sqft40026 Margaret Dr, Elizabeth, CO 80107Off Market
- $740,6805.04 Acres40059 Margaret Dr, Elizabeth, CO 80107Off Market
- $565,1002 bd2 ba1.3k sqft40123 Margaret Dr, Elizabeth, CO 80107Off Market
- $608,8003 bd2 ba2.2k sqft40158 Margaret Dr, Elizabeth, CO 80107Off Market
- $618,8003 bd1 ba2.7k sqft40182 Ferns Rd, Elizabeth, CO 80107Sold
- $526,1003 bd2 ba1.7k sqft40189 Margaret Dr, Elizabeth, CO 80107Off Market
- $685,0003 bd1 ba1.8k sqft40148 Ferns Rd, Elizabeth, CO 80107Sold
Nearby schools
GreatSchools rating
- 6/10Singing Hills Elementary SchoolGrades: K-5Distance: 3.1 mi
- 5/10Elizabeth Middle SchoolGrades: 6-8Distance: 5.9 mi
- 6/10Elizabeth High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Singing Hills
- Middle: Elizabeth
- High: Elizabeth
- District: Elizabeth C-1
Source: REcolorado 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$501,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$501,500
- Colorado
- Elbert County
- Elizabeth
- 80107
- 40048 Margaret Drive
Nearby cities
Nearby zip codes
Other Elizabeth Topics
