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  • $775,000

    41820 Madrid Drive, Parker, CO 80138

    5beds
    2,448sqft
    : 
    $4,871/mo
    Get pre-qualified
    Single Family Residence
    Built in 1973
    5.58 Acres Lot
    $-- Zestimate®
    $317/sqft
    $-- HOA

    What's special

    Escape the hustle without leaving the conveniences of Parker behind or enjoy the small town nature of Elizabeth. Tucked away from the street for ultimate privacy, this expansive property offers the rare opportunity to cultivate your own hobby farm with plenty of room to roam. Whether you’re dreaming of horses or just craving wide-open spaces, the large barn with stalls and fenced pastures is ready to bring that vision to life. Inside, the home is designed for easy living and effortless entertaining. The main level features a living room anchored by a cozy fireplace, leading into a kitchen and dining area that flows naturally to the outdoors. Step through the doors onto a brand-new, expansive deck—the perfect spot to enjoy your morning coffee while overlooking the property’s peaceful meadows. This level also hosts three bedrooms and two bathrooms, including a primary suite with its own en suite. The lower-level walkout basement adds even more versatility to the home. With a wood-burning stove to keep things cozy, you’ll find two additional bedrooms, a bathroom, and two large living areas that can adapt to whatever your lifestyle requires. Visit www.ParkerHorseAndHobbyFarm.com Outside, the amenities continue with an oversized garage, a storage shed, a stalled barn, and plenty of space for parking vehicles or equipment. It’s the perfect blend of rural freedom and suburban proximity.
    24 days
    |
    1,189
    |
    64
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Carpenter 303-909-2108 taylor.carpenter@compass.com,

    Compass - Denver

    Source: REcolorado as distributed by MLS GRID,MLS#: 2312888MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      Bedroom
      • Features: Primary Suite
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Basement
      Bedroom
      • Level: Basement
      Bathroom
      • Features: En Suite Bathroom
      • Level: Upper
      Bathroom
      • Level: Upper
      Bathroom
      • Level: Basement
      Dining room
      • Level: Upper
      Family room
      • Description: One Of Two, This One Has An Exterior Entrance And A Wood Burning Fireplace
      • Level: Basement
      Family room
      • Description: This Is Two Of Two
      • Level: Basement
      Kitchen
      • Level: Upper
      Laundry
      • Level: Basement
      Living room
      • Level: Upper
      Heating
      • Forced Air, Propane, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Washer
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Laminate Counters, Pantry, Primary Suite
      • Flooring: Carpet, Tile, Wood
      • Windows: Double Pane Windows, Window Coverings
      • Basement: Bath/Stubbed,Daylight,Exterior Entry,Finished,Full,Interior Entry,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Free Standing, Living Room, Wood Burning, Wood Burning Stove
      Interior area
      • Total structure area: 2,448
      • Total interior livable area: 2,448 sqft
      • Finished area above ground: 1,246
      • Finished area below ground: 1,202
      Video & virtual tour

      Property

      Parking
      • Total spaces: 14
      • Parking features: Circular Driveway, Exterior Access Door, Oversized
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      • Details: Off Street Spaces: 10
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Private Yard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Plains
      Lot
      • Size: 5.58 Acres
      • Features: Meadow, Secluded
      • Residential vegetation: Grassed, Natural State
      Details
      • Parcel number: R105963
      • Zoning: RA-1
      • Special conditions: Standard
      • Horse amenities: Paddocks, Well Allows For

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Cement Siding, Frame
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1973

      Utilities & green energy

      • Electric: 220 Volts
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Phone Available, Propane

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Parker Hylands F3
      HOA
      • Has HOA: No
      Location
      • Region: Parker

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $582,329
      • Annual tax amount: $3,335
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Exclusions: Sellers Personal Property, Staging Items And Items In Garage, Shed And Barn
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Pending sale$775,000$317/sqft
        Source: REcolorado as distributed by MLS GRID #2312888 Report a problem
        7/24/2026Listed for sale$775,000$317/sqft
        Source: REcolorado as distributed by MLS GRID #2312888 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,474 +1.1%$39,010
        2023$2,446 -20.5%$39,010 +3.9%
        2022$3,077 $37,560 -2.8%
        2021-- $38,650 +12.1%
        2020$2,760 -0.1%$34,470
        2019$2,762 +24.4%$34,470 +25.8%
        2018$2,220 $27,410
        2017$2,220 -0.1%$27,410 +25.6%
        2016$2,221 +48.1%$21,820
        2015$1,500 -0.1%$21,820 +24.3%
        2014$1,501 $17,550
        2013-- $17,550 -13%
        2012-- $20,180
        2011-- $20,180 -4.8%
        2010-- $21,200
        2009-- $21,200 -8.4%
        2008-- $23,140
        2007$1,874 $23,140 +3.6%
        2006-- $22,340 -2.6%
        2004-- $22,940 +5.7%
        2003-- $21,710 +3.2%
        2002-- $21,030
        2001-- $21,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80138

        Getting around

        0 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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