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Sold for $650,000 on 07/14/25
  • $650,000

    34586 Morgan Trail, Elizabeth, CO 80107

    4beds
    4,169sqft
    Single Family Residence
    Built in 1980
    5.22 Acres Lot
    $650,000 Zestimate®
    $156/sqft
    $4,421 Estimated rent

    What's special

    Rare opportunity to own a scenic 5+ acres in a horse friendly neighborhood, with mountain views, no HOA, with long and/or short-term rental potential (buyer to verify). This ranch-style home offers main-level living and is ideal for investors, multi-generational households, or buyers looking to build equity. A private attached mother-in-law suite provides flexible space for caregiving, guest use, or income generation. Each bedroom features its own full en-suite bathroom, offering a unique layout for privacy and future resale value. The unfinished walkout basement boasts 12-foot ceilings, abundant daylight, and is ready to become a second living space, entertainment area, or income-producing unit. The detached garage can accommodate up to 6 vehicles and includes a back workshop space—perfect for hobbyists or tradespeople. Several outbuildings on the property provide additional storage or could be converted into workshops or animal shelters. The septic system has been updated, and the property is zoned for horses. Peacefully nestled away yet located just minutes from Parker, Franktown, and Castle Rock, this property combines country living with convenience. The home has been well-loved over the years and the price allows the next owner to modernize and personalize while enjoying instant equity potential. Whether you're looking for a home with room to grow, a family compound, or a creative flip, this property checks all the boxes. Estate sale on-site June 19–21. Showings permitted during off-hours. Reach out to the listing agent or your buyer broker from more specifics. Buyer will not be able to see the entire unit during esate sale hours.

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 05:41am

    Listed by:

    Melissa Brugh 303-521-3649,

    eXp Realty, LLC

    Bought with:

    Other MLS Non-REcolorado

    NON MLS PARTICIPANT

    Source: REcolorado,MLS#: 7315455MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    Primary bedroom
    • Description: Rental Or Mil Quarters (1 Bed/1 Bath)
    • Level: Main
    Primary bedroom
    • Description: Off Main Side Of Home (2 Bed/ 2 Bath With Flex Room)
    • Level: Main
    Bedroom
    • Description: Large Flex Space With Laundry
    • Level: Main
    • Area: 208.55 Square Feet
    • Dimensions: 9.7 x 21.5
    Primary bathroom
    • Level: Main
    Primary bathroom
    • Level: Main
    Primary bathroom
    • Description: Rental Or Mil Quarters (1 Bed/1 Bath)
    • Level: Main
    Laundry
    • Description: On The Rental Unit Or Mil Side
    • Level: Basement
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Bath/Stubbed,Crawl Space,Daylight,Unfinished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 4,169
    • Total interior livable area: 4,169 sqft
    • Finished area above ground: 2,676
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete, Oversized
    • Attached garage spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Front Porch
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5.22 Acres
    • Features: Open Space, Suitable For Grazing
    • Residential vegetation: Grassed, Mixed, Natural State
    Details
    • Parcel number: R109325
    • Zoning: RA-1
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Loafing Shed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Brick, Concrete, Frame, Wood Siding
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1980

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Elizabeth
    • Subdivision: Cimarron

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan
    • Ownership: Estate
    • Road surface type: Dirt
    Services availability
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    Estimated market value

    $650,000