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Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$1,945,000

Est. payment - /mo

16 Beds

10 Baths

9,333 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 9,333 sqft

MLS Listing ID IRE5895553

Bedrooms 16

Full Baths 9

Half Baths 1

HOA Y/N No

Year Built 1905

Annual Tax Amount $6,131

Tax Year 2024

Lot Size 60.000 Acres

Acres 60.0

Property Sub-Type Single Family Residence

Source ires

Property Description

SELLER IS OFFERING A $100,000 UPGRADE ALLOWANCE to be used toward buyer-selected improvements on this beautiful historic Pine Run Ranch of Black Forest is situated on a rare 60-acre, park-like property with lush meadows, towering ponderosa pines and a large spring-fed pond and draw creating an incredible wildlife habitat. The property features six homes plus a professional equestrian facility with two barns, including a 3,328 SF barn with 15 indoor stalls, expansive indoor steel arena, 1,649 SF workshop/tack building and 8 loafing sheds. Substantial existing income stream with 5 homes leased to long-term tenants, one operating as a successful vacation rental, plus leased boarding/training facilities. Additional income potential includes the possibility of adding a wedding venue. The six homes offer a combined 16 beds and 10 baths. Fully fenced acreage includes multiple paddocks and pastures. Two charming turn-of-the-century farmhouses feature beautiful architecture, wainscoting, crown molding and pastoral settings. The successful vacation rental, known as The Lodge, features exposed timber-beam vaulted ceilings, cedar walls, granite counters, updated kitchen and bath, open entertaining spaces and abundant natural light from clerestory windows. Extensive updates include newer electrical, plumbing, paint, fencing, furnaces, water heaters, fiber optic internet, septic, roofs, appliances, fixtures and well pumps. Five homes and the barn have separate electric meters. Phenomenal close-in Black Forest location with convenient access to amenities. A rare opportunity to own substantial acreage with built-in income and tremendous future potential!

Location

State CO

County El Paso

Area Out Of Area

Zoning RR-5

Direction North of Meridian Road, approximately 6 miles from Falcon. Property on the west side of Meridian Road. The property is approx. 5 miles south of Hodgen Road. NO SIGN

Rooms

Family Room 1

Basement Crawl Space

Interior

Cooling Ceiling Fan(s)

Exterior

Parking Features Attached

Garage Spaces 4.0

Fence Fenced, Dog Run/Kennel

Utilities Available Electricity Available, Propane

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Deciduous Trees, Level, Abuts Stream/Creek/River, Meadow, Outbuildings

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Frame

New Construction false

Schools

Elementary Schools Bennett Ranch

Middle Schools Falcon

High Schools Falcon District 49

School District Falcon District 49

Others

Acceptable Financing Cash, Conventional, VA

Horse Property Horse(s) Allowed, Arena, Tack Room, Loafing Shed

Listing Terms Cash, Conventional, VA

Virtual Tour https://homesbyturner.com/properties/13354-n-meridian-road-elbert-co-us-80106-3754661

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Information and Real Estate Services (IRES)

Listed by Michael Turner

Nearby Locations

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Brittany Cowan

+1(605) 881-8263

Agent

13354 N Meridian Elbert, CO 80106

Brittany Cowan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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