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$400,000
Est. payment /mo
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Subdividable
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Ponderosa Park
MLS Listing ID 7638103
HOA Y/N No
Annual Tax Amount $9,206
Tax Year 2025
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type Subdividable
Source recolorado
Property Description
Welcome to The Tower, a truly one-of-a-kind 40-acre parcel in the rolling hills of Elbert County, zoned Residential Agriculture (RA) and subdividable into 10-acre estates. Just beyond the crest of Highway 158 in the northern most part of Ponderosa Park, this property opens up to sweeping 360-degree views that stretch to the horizon. The land undulates gently, with beautiful slopes and contours that reveal new character as the sun and wind move across it throughout the day — serene, powerful, and endlessly inspiring.
Surrounded by quiet 5- to 10-acre estates, the setting offers both privacy and prestige — a perfect canvas for those seeking a signature homestead or a small enclave of custom homes.
On site, you'll find a solid block building, a towering guyed mast reaching well over 100 feet, and a few remaining satellite dishes — all sold as-is, with removal of equipment to be handled by the buyer.
The potential here is extraordinary. Keep it intact as a single legacy estate, or subdivide to mirror the neighboring parcels and unlock multiple opportunities.
We're setting a call for offers on October 31st — with the price intentionally set low to invite creativity, competition, and every vision to the table.
Surrounded by quiet 5- to 10-acre estates, the setting offers both privacy and prestige — a perfect canvas for those seeking a signature homestead or a small enclave of custom homes.
On site, you'll find a solid block building, a towering guyed mast reaching well over 100 feet, and a few remaining satellite dishes — all sold as-is, with removal of equipment to be handled by the buyer.
The potential here is extraordinary. Keep it intact as a single legacy estate, or subdivide to mirror the neighboring parcels and unlock multiple opportunities.
We're setting a call for offers on October 31st — with the price intentionally set low to invite creativity, competition, and every vision to the table.
Location
State CO
County Elbert
Zoning RA
Interior
Fireplace N
Exterior
View City, Mountain(s), Plains, Valley
Garage No
Schools
School District Elizabeth C-1
Others
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Compass - Denver
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076