40192 Margaret Dr

Elizabeth, CO 80107

$775,000
Price
4
Beds
3,456 Sq. Ft.
$224 / Sq. Ft.
3,456
Sq. Ft.
$224
per Sq. Ft.

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
...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!

Listing Agents

  1. Kathleen Surges

    Kathleen Surges

    Listing Agent

    Compass

  2. Michael Surges

    Michael Surges

    Alternative Listing Agent

    Compass

Property Details for 40192 Margaret Drive

Structure Type
House
Architectural Style
Traditional
View
Meadow
Levels
One
Stories
1
Subdivision Name
Cross Diamond Acres
Association
No
Basement
Yes
LISTING UPDATED: 06/06/2025 05:20 PM

Property Details for 40192 Margaret Drive

StatusPending
MLS #3849766
Days on Compass11
Taxes$3,103 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMobile/Manufactured
MLS TypeResidential-Detached
Year Built2003
Lot Size6.44 AC / 280,526 SF
CountyElbert County
Buyer's Agent Compensation2.8%

Location

Add your commute

Building Information for 40192 Margaret Drive

Stories-Year Built2003Building Size-Lot Size6.44 AC / 280,526 SF

Payment Calculator

$4,319 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,061

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40192 Margaret Drive

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3456
  • Sqft Total: 3456
  • Living Area (SqFt Finished): 3333
  • Above Grade Finished Area: 2256
  • Living SqFt: 2256
  • Sq Ft Apx: 1077
  • Area Source: Public Records
  • PSF Total: 224
  • PSF Above Grade: 344
  • PSF Finished: 233
  • Master on Main: Yes
  • Direction Faces: Southwest
  • Room and Floor: Living Room-Main-1, Kitchen-Main-1, Dining Room-Main-1, Primary Bedroom-Main-1, Primary Bathroom Three Quarter-Main-1, Bedroom-Main-1, Bedroom-Main-2, Bathroom Full-Main-1, Laundry-Main-1, Family Room-Basement-1, Kitchen-Basement-1, Bedroom-Basement-1, Bonus Room-Basement-1, Bonus Room-Basement-2, Bathroom Three Quarter-Basement-1
  • Room Count: 15
  • Basement: Daylight, Finished, Full, Walk-Out Access
  • Foundation Details: Permanent
  • Fireplaces Total: 2
  • Fireplace Features: Basement, Living Room, Pellet Stove, Wood Burning
  • Heating: Forced Air, Pellet Stove, Propane
  • Cooling: Central Air
  • Interior Features: Butcher Counters, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Flooring: Carpet, Tile, Wood
  • Window Features: Bay Window(s), Double Pane Windows
  • Furnished: Unfurnished
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Oven, Self Cleaning Oven, Tankless Water Heater
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
  • Upper Level Bedrooms: 0
  • Main Level Bedrooms: 3
  • Lower Level Bedrooms: 0
  • Basement Level Bedrooms: 1
Bathrooms
  • Bathrooms Total: 3
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 2
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 1
  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
Detailed Room Info
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Description: Cherry hardwood flooring, bay window, wood burning fireplace
  • Room Length: 25
  • Room Width: 16
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Description: Exceptional! Huge seating/serving island, abundant cabinets, drawers & counter space, leathered granite counters & backsplash, under cabinet lighting, gas cooktop. WOW!
  • Room Length: 21
  • Room Width: 15
Room 3
  • Room Type: Dining Room
  • Room Level: Main
  • Room Description: Space for a large table & hutch, large storage closet, cherry hardwood flooring
  • Room Length: 13
  • Room Width: 14
Room 4
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Description: Luxurious primary retreat with large walk-in closet, new carpet
  • Room Length: 17
  • Room Width: 15
Room 5
  • Room Type: Primary Bathroom Three Quarter
  • Room Level: Main
  • Room Description: Newly updated & gorgeous! Large walk-in shower, travertine tile, ample cabinets/storage space, everything is new
  • Room Length: 17
  • Room Width: 8
Room 6
  • Room Type: Bedroom
  • Room Level: Main
  • Room Description: Bedroom 2, generously sized, wall closet plus walk-in, updated light fixture, new carpet
  • Room Length: 12
  • Room Width: 15
Room 7
  • Room Type: Bedroom
  • Room Level: Main
  • Room Description: Bedroom 3, generously sized, huge walk-in closet, updated light fixture, new carpet
  • Room Length: 13
  • Room Width: 14
Room 8
  • Room Type: Bathroom Full
  • Room Level: Main
  • Room Description: Newly updated full bath, travertine tile, 2 sinks, storage cabinet & new vanity
  • Room Length: 9
  • Room Width: 11
Room 9
  • Room Type: Laundry
  • Room Level: Main
  • Room Description: Large laundry room, convenient kitchen access from upper level parking area
  • Room Length: 7
  • Room Width: 8
Room 10
  • Room Type: Family Room
  • Room Level: Basement
  • Room Description: Spacious basement family room or apartment/flex space, hickory wood look LVP flooing
  • Room Length: 20
  • Room Width: 18
Room 11
  • Room Type: Kitchen
  • Room Level: Basement
  • Room Description: Lower level kitchen, butcher block counters, stove, farm sink
  • Room Length: 12
  • Room Width: 10
Room 12
  • Room Type: Bedroom
  • Room Level: Basement
  • Room Description: Basement bedroom flex space with adjacent bath, pellet stove, adjacent bonus/flex space and bath with walk-in shower, luxury vinyl LVP
  • Room Length: 20
  • Room Width: 14
Room 13
  • Room Type: Bonus Room
  • Room Level: Basement
  • Room Description: Adjacent to basement bedroom, bonus/flex space - office, gym, or?
  • Room Length: 8
  • Room Width: 14
Room 14
  • Room Type: Bonus Room
  • Room Level: Basement
  • Room Description: Screened in porch under the deck, enjoy Colorado outdoor living year round!
Room 15
  • Room Type: Bathroom Three Quarter
  • Room Level: Basement
  • Room Description: Stunning bath with walk-in shower, gorgeous tile, large vanity
  • Room Length: 8
  • Room Width: 10
Parking
Parking
  • Parking Features: Concrete, Unpaved, Gravel, Exterior Access Door, Lighted, Oversized, Storage, Tandem
  • Attached Garage: Yes
  • Parking Type: Garage (Attached)
  • Parking Description: Garage (Attached)-4
  • Parking Details: 4
  • Parking Total: 1
  • Garage Spaces: 4
  • Offstreet Spaces: 0
  • Parking Count: 4
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Singing Hills
  • Elementary School District: Elizabeth C-1
  • Middle Or Junior School: Elizabeth
  • Middle Or Junior School District: Elizabeth C-1
  • High School: Elizabeth
  • High School District: Elizabeth C-1
Site & Location Information
  • Lot Size Acres: 6
  • Lot Size Square Feet: 280526
  • Zoning: MH
  • Fencing: Full
  • Property Exclusions: Seller's personal property. Most of the staging furniture is available for sale.
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 2
  • Number of Out Buildings: 1.0
  • Horse: Yes
  • Horse Amenities: Pasture, Well Allows For
Building Information
  • Construction Materials: Cement Siding, Concrete
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Exterior Features: Garden, Private Yard, Rain Gutters, Spa/Hot Tub
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Livable Structure Count: 0
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Well
  • Well Type: Operational
  • Well Usage: Domestic
  • Issued Well Permit Numbers: 93761
  • Utilities: Electricity Connected, Natural Gas Available, Propane
  • Sewer: Septic Tank
  • Electric: Electric

Property History for 40192 Margaret Drive

DateEvent & SourcePriceAppreciation
Feb 27, 2013

Sold (Public Record)

Public Record #355134807

$237,000—
DateEvent & SourcePrice
02/27/2013

Sold (Public Record)

Public Record #355134807

$237,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40192 Margaret Drive

Taxable ValueLand$15,820Additions$24,710Total$40,530
Tax Record2024$3,103 ($259 / month)
Home Facts
Beds3Baths2Total Finished SqFt4,410 SqFtAbove Grade Finished SqFt3,333 SqFtFinished Basement SqFt1,077 SqFtStories1Lot Size280,526 SqFtStyleSingle Family ResidenceYear Built2003Year Renovated2004ZoningMHCountyELBERTAPN74074-01-004Fireplace TypeHas Fireplace

Schools near 40192 Margaret Drive

This home is within Elizabeth School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Singing Hills Elementary School
PublicK to 5

Elizabeth Middle School
Public6 to 8

Elizabeth High School
Public9 to 12

Frontier High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/14/2025 08:02 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.