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5228 Richards Court, Elizabeth, CO, 80107

5beds
4baths
3,304sqft
$980,000
$297price/sqft
$6,177/moest. monthly cost
$247,080/yrincome needed

About This Home

This bucolic 40 acre property offers endless possibilities and sweeping Front Range & Pikes Peak views. Bring your horses, critters, gardening tools and recreation of all kinds. The property includes a large outbuilding with multiple stalls and fenced pasture. Move indoors to find an open, sun filled floor plan with gleaming hardwood floors on the main level and bamboo flooring at the lower level. Get cooking in the beautifully remodeled kitchen with granite counters, stainless steel appliances, and huge apron front sink with the option to dine alfresco on the expansive back deck. Relax and recharge in your Primary bedroom with a spa-like on suite bath. This is your own tranquil oasis with private well, septic and super efficient geo-thermal heating and cooling system.  Follow your wanderlust on miles of trails and to nearby park settings or take a short trip over to the excitement of Denver or Colorado Springs.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Elizabeth Middle SchoolGrades 6-87.7 mi
6/10
Elizabeth High SchoolGrades 9-127.8 mi

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Composition
  • Construction materials: Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Range,Range Hood,Refrigerator
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bathroom

  • Level: Main

Bathroom

  • Level: Basement

Bathroom

  • Level: Main

Bathroom

  • Level: Basement

Bedroom

  • Level: Main
  • Area: 129.28
  • Dimensions: 10.1 x 12.8

Bedroom

  • Level: Basement
  • Area: 182
  • Dimensions: 13 x 14

Bedroom

  • Level: Basement
  • Area: 129.69
  • Dimensions: 9.9 x 13.1

Bedroom

  • Level: Basement
  • Area: 133.86
  • Dimensions: 9.7 x 13.8

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 126.36
  • Dimensions: 7.8 x 16.2

Features

  • Eat-in Kitchen,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s)
  • Window features: Double Pane Windows,Window Coverings
  • Flooring: Laminate,Tile,Wood
  • Finished area below ground: 1,652
  • Finished area above ground: 1,652
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Geothermal

Interior Area

  • Total structure area: 3,304
  • Total interior livable area: 3,304 sqft

Kitchen

  • Level: Main
  • Area: 303.365
  • Dimensions: 14.11 x 21.5

Laundry

  • Level: Main
  • Area: 30.42
  • Dimensions: 3.9 x 7.8

Living Room

  • Level: Main
  • Area: 245.05
  • Dimensions: 14.5 x 16.9

Office

  • Level: Main
  • Area: 120.19
  • Dimensions: 10.1 x 11.9

Other

  • Level: Main
  • Area: 169.56
  • Dimensions: 10.8 x 15.7

Property

Details

  • Parcel number: R113114
  • Zoning: A
  • Special condition: Standard
  • Exclusions: Personal Property

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground
  • Patio & porch: Covered,Deck
  • Exterior features: Private Yard
  • Fencing: Fenced
  • Horses can be raised: Yes

Lot

  • Lot size: 40 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
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Wildfire
Winter Weather
Cold Wave
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 $4,955$59,460
Home Insurance *$590$7,080
Property Taxes $383$4,596
Electricity $249$2,993
Total$6,177$74,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,782/yr
40% on housing$185,310/yr
45% on housing$164,720/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 80107$255
Elbert County$308

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)

Price History

DateEventPrice
2026-02-05Price change$980,000
2025-09-12Listed for sale$1,000,000
2012-02-01Sold$315,650
2011-11-24Listed for sale$315,000
2005-12-29Sold$430,000

For Sale by Agent

AgentJed MacArthur
BrokerageRE/MAX of Boulder

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