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42998 Colonial Trail, Elizabeth, CO, 80107

3beds
2baths
1,882sqft
$569,900
$303price/sqft
$3,633/moest. monthly cost
$145,320/yrincome needed

About This Home

The three-bedroom, two-bathroom Breckenridge floor plan impresses with its functional, open-concept design that seamlessly integrates a chef-inspired kitchen, inviting family room and cozy dining area. This thoughtful layout encourages effortless flow and connectivity, fostering a sense of togetherness and ease. The state-of-the-art kitchen features a sizable island, quartz countertops, double stacked ovens, a microwave drawer, a gas stove, gold hardware and designer white wood cabinetry, offering ample storage and a clutter-free environment. The pantry ensures all culinary essentials are neatly organized and easily accessible. Generously sized bedrooms provide a harmonious balance of comfort and functionality, enhancing the home's livability. Black fixtures, luxury vinyl plank flooring, and more complete this gorgeous home, ready for you to move in and enjoy.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Elizabeth Middle SchoolGrades 6-88.8 mi
6/10
Elizabeth High SchoolGrades 9-128.5 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Frame

Other

  • Builder model: Breckenridge
  • Builder name: Terrata Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater,Microwave,Oven,Range,Range Hood,Refrigerator,Self Cleaning Oven

Basement

  • Basement: Crawl Space,Sump Pump

Bathroom

  • Level: Main
  • Area: 56
  • Dimensions: 8 x 7

Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 10 x 11

Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 10 x 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 238
  • Dimensions: 14 x 17

Features

  • Ceiling Fan(s),Five Piece Bath,Granite Counters,High Ceilings,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Primary Suite,Radon Mitigation System,Smoke Free,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows,Window Coverings
  • Finished area above ground: 1,882
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,882
  • Total interior livable area: 1,882 sqft

Kitchen

  • Level: Main
  • Area: 162
  • Dimensions: 18 x 9

Living Room

  • Level: Main
  • Area: 266
  • Dimensions: 14 x 19

Other

  • Level: Main
  • Area: 90
  • Dimensions: 9 x 10

Other

  • Level: Main
  • Area: 216
  • Dimensions: 12 x 18

Utility Room

  • Level: Main
  • Area: 63
  • Dimensions: 9 x 7

Property

Details

  • Parcel number: R123792
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch
  • Exterior features: Private Yard,Rain Gutters,Smart Irrigation
  • Has view: Yes
  • View description: Golf Course,Meadow,Plains

Lot

  • Lot size: 8,719 sqft
  • Features: Landscaped,Sprinklers In Front

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
    HailVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Winter Weather
Cold Wave
Lightning
Strong Wind
Tornado
Wildfire
Inland Flooding

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 $2,881$34,572
Home Insurance *$343$4,116
Property Taxes $223$2,676
Electricity $186$2,232
Total$3,633$43,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,560/yr
40% on housing$108,990/yr
45% on housing$96,880/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

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 80107$256
Elbert County$309

vs Homes Sold Last Month

Median $/sqft

ZIP 80107$228
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)

No zestimate history available

Price History

DateEventPrice
2026-03-05Price change$589,900
2025-11-13Price change$574,900
2025-10-03Price change$584,900
2025-09-12Price change$577,900
2025-07-14Price change$627,900
2025-07-02Price change$652,900
2025-04-03Price change$646,900
2025-03-06Price change$642,900
2025-01-02Price change$637,900
2024-11-08Price change$618,900
2024-10-06Price change$638,900
2024-06-07Price change$645,900
2024-05-29Listed for sale$636,900

New Construction Spec

AgentKevin Wolf, LGI Realty - Colorado, LLC
BrokerageLGI Realty - Colorado, LLC

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