$6,294

closing credit¹

40048 Margaret Dr Elizabeth, CO 80107

$530,000
3 beds
1 full, 1 partial
1,502 sqft
5.0 acres
$353 / sqft
House

Property details

About 40048 Margaret Dr

Perfect opportunity to own five acres on a peaceful road in Northwest Elizabeth. This home is only 12 minutes form downtown Elizabeth, just off of County Road 13 between Hilltop and Singling Hills Rd. A spacious sun room leads into the home's dining room and kitchen featuring a breakfast bar area opening into the living room with a cozy woodburning stove. Sliding glass doors take you out to the brick paver patio where you can enjoy your acreage and livestock. The primary bedroom features a full wall of closet space and a full attached bathroom. Two additional bedrooms share a separate bathroom, and a laundry area is conveniently located just off the kitchen. A 3-car detached garage is accessed by two garage doors and has plenty of room for your vehicles, small engines, or a workshop. A fenced pasture is off the back of the home and features a large shed, with a second shed by the house. Raised garden beds are ready for sprucing up for the growing season. Bring your toys and your animals and move right in! Roof replaced 3/23/2023 with impact resistant shingles.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Wood Stove
StatusActive
CoolingEvaporative Cooling
Size1,502 sqft
Lot size5.04 Acres
Year built1981
ParkingDriveway-Dirt
MLS #7676847
Garage3 spaces
FireplaceWood Burning Stove

Summary

  • MLS Number: 7676847
  • MLS Name: RECOLORADO
  • Office Name: Coldwell Banker Realty 24
  • Office Email: ggiles@gilesteam.com
  • Listing Agent: Ginger Giles

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IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Last updated on: 2/10/2025, 12:12:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a garage

$530,000

40048 Margaret Dr

$6,294

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 12, 2010
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2023$26,490$1,498
2022$26,890$1,593
2021$27,660$2,201
2020$22,280$1,783
2019$22,280$1,635
2018$20,200$1,637
2017$20,200$1,041

History based on county public records data.

Nearby schools

7

Singing Hills Elementary School

Public District KG-5

3.1 mi

41012 Madrid Dr

6

Running Creek elementary School

Public District KG-5

6.6 mi

900 South Elbert Street

6

Frontier Valley Elementary School

Public District KG-5

7.3 mi

23919 Canterberry Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $97,183. Residents of Elizabeth, CO typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

7%
<35k
46%
35k-100k
36%
100k-200k
11%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

22%
Single, No Kids
8%
Single, with Kids
41%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
12%
18-34 yrs old
52%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 40048 Margaret Dr

This home is located at 40048 Margaret Dr in Elizabeth, CO and zip code 80107 in the Cross Diamond Acres neighborhood. This 1,502 square foot home, which was built in 1981, sits on a 5.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $530,000.

While more than 3 listings in Elizabeth, CO in January 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Elizabeth, CO increased by 5.8% between December and January 2025. In January 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $618,566.

From Rocket Homes Real Estate and based on county public records data.

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