1051 Pawnee Parkway, Elizabeth, CO, 80107
About This Home
PEACEFUL AND SERENE EVENINGS IN THE COUNTRYSIDE! Compare to other horse properties in the area, this house is a bargain at this price. Enjoy peaceful country living in the Pawnee Hills subdivision of Elizabeth on this beautiful 5-acre horse-zoned property. This 3-bedroom, 2-bath ranch-style home offers convenient main-level living with an unfinished walk-out basement ready for future expansion. Inside, you'll find beautiful wood flooring in the kitchen and dining area, creating a warm and inviting gathering space. The sun-filled entry sunroom welcomes you with abundant natural light and provides a perfect spot to relax and take in the surrounding landscape. Set in a quiet rural setting with expansive views across the plains, this property offers the space and serenity that country living provides while still being within reach of town amenities. The 5-acre lot is zoned for horses (up to four allowed), offering great potential for equestrian use, though the property is currently unfenced and without horse outbuildings, allowing the next owner to customize it to their needs. Association amenities include use of community barn, round pen, obstacle course and arena. Association also allows 4 dogs, 4 cats, and up to 9 chickens (No Roosters). Clubhouse includes pool, steam room, sauna, and multi-use basketball/tennis courts. A rare opportunity to own acreage with wide-open views, privacy, and room to grow in the desirable Elizabeth area.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Unfinished,Walk-Out Access
Bathroom
- Level: Main
Bathroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Level: Main
Features
- Ceiling Fan(s),Laminate Counters,Smoke Free
- Window features: Double Pane Windows
- Flooring: Carpet,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,638
Heating & Cooling
- Heating features: Baseboard,Hot Water
- Cooling features: Air Conditioning-Room
Interior Area
- Total structure area: 3,177
- Total interior livable area: 3,177 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Office
- Level: Basement
Property
Details
- Parcel number: R106821
- Zoning: RA-1
- Special condition: Standard
- Exclusions: Sellers' Personal Property
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Fencing: None
- Residential vegetation: Grassed
- Horses can be raised: Yes
Lot
- Lot size: 5 Acres
Parking
- Total spaces: 2
- Parking features: Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Wildfire
- Winter Weather
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,413 | $40,956 |
| Home Insurance * | $406 | $4,872 |
| Property Taxes | $264 | $3,168 |
| Electricity | $239 | $2,878 |
| Total | $4,322 | $51,864 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $699,900 |
| 2026-04-22 | Price change | $725,000 |
| 2026-04-11 | Price change | $735,000 |
| 2026-03-24 | Price change | $750,000 |
| 2026-03-12 | Listed for sale | $775,000 |
| 1992-05-29 | Sold | $116,900 |
For Sale by Agent
View on Zillow