40192 Margaret Dr, Elizabeth, CO 80107

PENDING as of 5/12/2025 - 775000
Split level home with two car garage, wooden deck and stairs with farm buildings in background at 40192 Margaret Dr, Elizabeth, CO 80107

Listing courtesy of Compass - Denver IDX Logo

  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    3333

  • Year Built

    2003

  • Days On Market

    11

  • $/SqFt

    $233

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Home Description

BEAUTIFULLY UPDATED RAISED RANCH ON 6+ ACRES! Experience the perfect blend of tranquility and modern comfort in this beautifully updated raised ranch home, nestled on 6.4 acres in the serene Cross Diamond Acres community of Elizabeth, CO. This remarkable property welcomes you with a large deck at the entry, complemented by a screened-in porch below, ideal for enjoying the picturesque surroundings. Step inside to discover cherry hardwood floors gracing most of the main level, while plush new carpet adds a cozy touch to the bedrooms. The heart of the home is the exceptional kitchen, featuring a huge seating and serving island, stainless appliances, a gas cooktop, and leathered granite counters and backsplash. Under-cabinet lighting illuminates the abundant cabinet and counter space, perfect for culinary enthusiasts. The home boasts newly updated baths on the main floor, including an oversized walk-in shower in the primary bath & gorgeous travertine tile. Generously sized rooms including the spacious living room with bay window & fireplace, dining room & oversized bedrooms provide ample living space throughout. The wow-factor continues with a finished walk-out basement offering multiple living areas including a large family flex space, a second kitchen, hickory hardwood look luxury vinyl flooring, and a spa-style bath with a luxurious walk-in shower. Enjoy the oversized garage, horse-ready barn, and a chicken coop, all set within a fenced lot adjacent to a bridal path. You'll appreciate the exterior Hardie Plank siding offering lower future maintenance. Located in a low-traffic neighborhood, this property offers both privacy and a sense of community. Hurry to make this stunning home yours! ** Approximately 2,256 finished on the main floor, 3,333 total finished, oversized garage. Convenient to equestrian training, hay suppply shops, and open space riding ** Bring your horses!

  • MLS #: 3849766
  • Address: 40192 Margaret Dr
  • City: Elizabeth
  • Zip Code: 80107
  • County: Elbert
  • Interior: Butcher Counters,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Primary Suite,Smoke Free,Walk-In Closet(s)
  • Appliances: Convection Oven,Cooktop,Dishwasher,Disposal,Oven,Self Cleaning Oven,Tankless Water Heater
  • Flooring: Carpet,Tile,Wood
  • Fireplaces: 2
  • Fireplace Features: Basement,Living Room,Pellet Stove,Wood Burning
  • # Full Baths: 1
  • # Half Baths: 0
  • # Three Quarter Baths: 2
  • # One Quarter Baths: 0
  • Exterior: Garden,Private Yard,Rain Gutters,Spa/Hot Tub
  • Views: Meadow
  • Construction Materials: Cement Siding,Concrete
  • Roofing: Composition
  • Cooling: Central Air
  • Heating: Forced Air,Pellet Stove,Propane
  • Parking: Concrete,Exterior Access Door,Gravel,Lighted,Oversized,Storage,Tandem,Unpaved
  • Garage Spaces: 4
  • Senior Community: No
  • List Status: Active
  • : kathleen.surges@compass.com,303-981-6170

Neighborhood

The average asking price of a 3 bedroom Elizabeth home in this zip code is $700,615 (9.6% less than this home).

This home is priced at $233/sqft, which is 43.2% less than similar homes in the 80107 zip code.

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School Information

  • School District:Elizabeth C-1
  • Elementary:Singing Hills
  • Middle School:Elizabeth
  • High School:Elizabeth

Financial

  • Approx Payment:$3,770*
  • Taxes:$3,103

Area Stats

These statistics are updated daily from the RE colorado. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (303) 887-3599 and speak with one of our real estate consultants.

Listing Courtesy of Compass - Denver.

40192 Margaret Dr, Elizabeth CO is a single family home of 3333 sqft and is currently priced at $775,000 . This single family home has 3 bedrooms. A comparable home for sale at 7716 Shenandoah Dr in Elizabeth is listed at $695,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and Foreclosures in Elizabeth, CO. Western Country Ranches, Running Brook Estates and Elizabeth In The Pines are nearby neighborhoods. MLS 3849766 has been posted on this site since 5/8/2025 (today).

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