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23318 County Road 5, Elbert, CO, 80106

3beds
3baths
3,161sqft
$939,900
$297price/sqft
$5,967/moest. monthly cost
$238,680/yrincome needed

About This Home

Horse property that offers quiet and serene living on 18.70 acres of wide-open Colorado living with Mountain View of Pikes Peak from every window on the west side of the home. This open concept ranch-style home with a finished walkout basement that has 9' ceilings, offers 3 bedrooms and 3 bathrooms. The entire acreage is thoughtfully fenced into two pastures, complete with a corral ready for livestock and outbuilding for shelter. Plus a metal double door building with an attached carport for equipment storage. Three water hydrants keep the property well-serviced, while the well and septic system ensure complete self-sufficiency. A seasonal pond adds charm and serves as a natural water feature for grazing animals. Inside, this home has been taken down to the studs with a solid construction and a comprehensive remodel — featuring new framing, updated electrical wiring, fresh plumbing, modern insulation, all-new drywall and new tinted windows throughout. A brand new metal roof and gutters crown the exterior, while all-new windows flood the interior with light. The updated kitchen shines alongside all three updated bathrooms, with luxury vinyl flooring flowing throughout. An updated furnace and hot water heater handle the essentials, while metal stair railings add modern appeal inside and on the deck. A convenient mud room welcomes you in from Colorado's elements. The all-season atrium provides direct access to both the house and the massive 4 car garage, which includes a dedicated office - workshop which is pre-wired for a sauna and 8' tall 2 car garage door. A dog run and snow fences round out the outdoor amenities. Commute times are surprisingly manageable — approximately 25 minutes to Castle Rock, Elizabeth, Kiowa, Frank Town, and Parker, with Denver and Colorado Springs each roughly 60 minutes away.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

6/10
Elbert Elementary SchoolGrades PK-55.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1995

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modular
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Double Oven,Microwave,Oven,Range,Range Hood,Refrigerator,Self Cleaning Oven
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bathroom

  • Level: Main

Bathroom

  • Level: Main

Bathroom

  • Level: Basement

Bedroom

  • Level: Main

Bedroom

  • Level: Basement

Bedroom

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Features

  • Ceiling Fan(s),Five Piece Bath,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Primary Suite,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate
  • Finished area above ground: 1,649

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Propane
  • Cooling features: None

Interior Area

  • Total structure area: 3,161
  • Total interior livable area: 3,161 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Basement

Mud Room

  • Level: Main

Sun Room

  • Level: Main

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: R100992
  • Zoning: RA
  • Special condition: Standard
  • Exclusions: The Top On The Island In The Kitchen Will Be Replaced By A Top Similar Or The Seller Will Give The Buyer An Allowance To Replace It.
  • Horse amenities: Corral(s),Loafing Shed,Well Allows For

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch
  • Exterior features: Dog Run,Playground,Private Yard,Rain Gutters
  • Fencing: Fenced
  • Horses can be raised: Yes

Lot

  • Lot size: 18.70 Acres

Parking

  • Total spaces: 7
  • Parking features: Oversized,Storage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 7
  • Carport: Yes
  • Carport spaces: 1

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
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Wildfire
Winter Weather
Cold Wave
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $4,752$57,024
Home Insurance *$609$7,308
Property Taxes $368$4,416
Electricity $238$2,863
Total$5,967$71,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,582/yr
40% on housing$179,010/yr
45% on housing$159,120/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$297This listing

vs Other Active Listings

Avg $/sqft

ZIP 80106$519
Elbert County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 80106$255
Elbert County$252

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

DateEventPrice
2026-04-23Price change$949,000
2026-03-17Listed for sale$950,000
2018-12-04Sold$315,000
2005-08-31Sold$249,500

For Sale by Agent

AgentSteve Proctor
BrokerageRE/MAX Professionals

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