Homes/Colorado/Elbert/16080 Homecrest Cir
CompCasa Property Analysis · single_family

16080 Homecrest Cir

Turnkey Equestrian Ranch — 3,662 SF on 5.73 Acres

Fully equipped barn, 26 solar panels, immediate trail access.

4 beds2.5 baths3,662 sq ftBuilt 19965.73 acresLarge detached barn/garage with multiple stalls, 14-ft doors, rear door, covered lean-to; features include insulated garage space, RV-capable bay, storage & tack room. (MLS indicates oversized barn with substantial parking capacity.)
CompCasa valuation analysis
Estimated market value
$1,287,500
Low $1,200,000 · Midpoint $1,287,500 · High $1,375,000
Confidence65%Sales comparison approach
Last recorded sale$322,000Nov 17, 2008
CompCasa estimate$1,287,500Mar 12, 2026
Estimate vs. last recorded sale+$965,500 / +299.8%
$1,200,000$1,287,500 midpoint$1,375,000
Price / sq ft$352
Median sale price$650,000
Avg days on market45 days
Inventory3.5 months

Estimate anchored to current list price ($1,299,000) and refined by property size (3,662 SF), acreage (5.73 acres), high-value equestrian barn improvements and solar system. Local rural/acreage market dynamics and limited direct comps introduce variance.

About the property

Turnkey Equestrian Ranch — 3,662 SF on 5.73 Acres

This one-level ranch delivers the rare combination of immediate equestrian capability and modern, move-in-ready living. At 3,662 sf with a finished walkout basement, the floorplan balances open gathering spaces and private retreats: a great room with stacked-stone fireplace flows to a kitchen updated with granite counters, butcher-block island and shiplap details, while skylights and bay windows add architectural interest. The primary suite is a quiet wing with its own fireplace and a spa bath featuring heated tile floors, dual granite vanities, a jetted tub and a generous walk-in closet.

Practical upgrades are extensive: brand-new carpet and luxury vinyl flooring, Marvin fiberglass windows, whole-house surge protection, a new electric meter and an installed radon mitigation system. Energy-conscious buyers will value the 26 net-metered solar panels that can generate credits back to the grid—an immediate operating-cost advantage for rural properties.

Outside, the property is configured for serious horse owners. The barn/garage sits on a 5" concrete slab with scissor trusses, individual stall lighting, Dutch doors, a secure tack room and oversized 14-foot doors front-and-back—plenty of room for trailers, RVs or large equipment. A full-length covered lean-to provides dry storage for hay or machinery. The parcel is fully fenced with five yard hydrants, irrigated garden beds and mature shade—all backing to the Woodlake trail network so you can ride miles without hauling your horse.

The finished basement opens to a covered patio and working hot tub, adding comfortable outdoor-ready living for all seasons. Interior utility conveniences include a large mud/utility room with exterior access and second laundry hookups—perfect after a day of riding or farm chores. Every major mechanical, cosmetic and lifestyle upgrade has been handled: this property is arranged for immediate enjoyment and low-friction equestrian operation. Schedule your private tour to experience an acreage property designed for both living and working.

Property details

A 1996 ranch on 5.73 acres.

Building

Year built1996
ConstructionWood Frame With Metal Barn Structure
RoofMixed (Residential Roofing On House, Metal Roofing On Barn)
Heatinglikely forced air / propane (basement propane stove noted); full mechanicals upgraded noted in marketing
Coolingno central AC specified; likely evaporative or window units possible

Site & utilities

Lot size5.73 acres
GarageLarge detached barn/garage with multiple stalls, 14-ft doors, rear door, covered lean-to; features include insulated garage space, RV-capable bay, storage & tack room. (MLS indicates oversized barn with substantial parking capacity.)
Stories1
ConditionGood
BasementWalkout Finished
FireplaceYes
Improvement notesInterior recent upgrades: new carpet, luxury vinyl, updated kitchen with granite and butcher-block island, renovated primary spa bath with heated tile; basement finished with family room and propane stove; radon mitigation and upgraded windows installed. Significant equestrian barn built on concrete slab with scissor trusses and 14-ft doors.
Lot area249,598 sq ft
TopographyLevel
FrontageRural circle (Homecrest Cir) frontage; gated/fully fenced perimeter noted in marketing
ParkingDetached Garage And Driveway
Parking spaces10
Parking notesLarge barn/garage structure with multiple oversized doors, rear access and covered lean-to. Driveway parking for trailers/RV; gravel surfaces in work areas.
AccessPrivate / county-maintained rural road access; gates possible. Property backs to trail network (Woodlake trail system per listing).
WaterWell
SewerSeptic
ElectricElectricity Connected; Whole House Surge Protector; New Meter
GasPropane
Location & nearby

Rural Elbert / Black Forest-adjacent area

Researched nearby locations

Woodlake trail network (adjacent)
Parker / Castle Rock commerce corridors (20–35 mi)

Location

16080 Homecrest Cir, Elbert, CO 80106

View in Google Maps
Editorial neighborhood context

This is a rural, low-density community in Elbert County with a mix of hobby farms, equestrian properties and single-family homes on acreage. Nearby trail networks and open space define the area’s outdoor lifestyle; local services are found in small towns (Elizabeth, Kiowa) while larger shopping and employment centers are a commute away in Parker or Denver suburbs. Residents value privacy, space for animals/equipment, and proximity to trails.

Nearby access summary

Excellent direct access to multi-mile trail networks for horseback riding and miles of open riding via Woodlake trails; strong outdoor recreation value for equestrian and trail-oriented buyers.

ElementaryElbert Elementary (Elbert Consolidated Schools) — estimated 5/10
Middle schoolElbert/Elizabeth area middle school(s) — estimated 5/10
High schoolElizabeth High School (Elizabeth School District RE-2) — estimated 5/10
School districtElbert/Elizabeth area (Elbert County/Elizabeth School District RE-2 region)
Market context

A factual market snapshot around 16080 Homecrest Cir.

Median sale price$650,000
Avg days on market45 days
Inventory3.5 months
1-year appreciation450.0%
5-year appreciation1800.0%
Editorial market perspective

Rural Elbert acreage and equestrian homes occupy a specialized niche in the Denver-Aurora MSA. While city-adjacent markets have seen moderating appreciation recently, well-appointed horse properties with turnkey barns and trail access remain scarce and tend to command premiums. Median area sale prices are lower than this listing’s price point, but this property’s combination of a large finished home, purpose-built barn and solar system justifies a premium to typical acreage. Expect a buyer pool composed of equestrian owners, exurban commuters trading city maintenance for land, and investors looking for high-utility rural homes. Market timing: active marketing targeted to horse communities and Denver-area buyers will generate the most qualified traffic; average days on market for comparable turnkey acreage properties is typically longer than suburban single-family homes, but competition for high-quality equestrian parcels is strong.

Zoning & land use

Rural/agricultural residential zoning likely allowing single-family dwellings and equestrian uses; barn and livestock-compatible infrastructure in place.

Zoning

DescriptionRural/agricultural residential zoning likely allowing single-family dwellings and equestrian uses; barn and livestock-compatible infrastructure in place.
JurisdictionElbert County
Current useResidential
SetbacksTypical county setbacks likely apply; verify with Elbert County planning prior to development.

Research-indicated uses

  • Single Family Residential
  • Agricultural/Limited Livestock
  • Accessory Structures (Barns, Outbuildings)
  • Home Occupations (Subject To County Rules)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2008-11-17$322,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property size: 3,662 SF single-level home (listed) with finished walkout basement.
  • Lot: ~5.73 acres (249,598 sqft), fully fenced and irrigated with multiple yard hydrants.
  • Utilities: well water, septic system, propane for heat/stove, electricity connected with new meter and surge protection.
  • Recent upgrades include Marvin fiberglass windows, radon mitigation, window-well safety covers and modern interior finishes.
  • Attached / detached barn/garage built to support RV and equipment; 14-ft overhead doors referenced in MLS.
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 2.5 baths; 3,662 SF single-level living plus finished walkout basement
  • Primary with fireplace and spa bath (heated tile floors, jetted tub, dual sinks)
  • Kitchen with granite counters, butcher-block island, pass-through to living room
  • New carpet and luxury vinyl flooring, skylights, bay windows
  • Finished basement family room with propane stove and exterior walkout

Exterior & Lot

  • 5.73 acres — fully fenced, irrigated with sprinklers front & rear
  • Barn/Garage built on 5" concrete with scissor trusses and 14-ft doors
  • Full-length covered lean-to for hay/equipment, insulated garage areas
  • Five yard hydrants, garden beds, mature trees and pasture
  • Backs to Woodlake trail network for direct riding access

Location & Neighborhood

  • Rural Elbert area (Elbert County) — quiet, low-density residential/agricultural character
  • Regional conveniences in Elizabeth, Parker and Castle Rock (drive times vary)
  • Trail access and open space oriented neighborhood with other acreage parcels

Walkability & Recreation

  • Walkability Rating: 18/100
  • Direct access to multi-use riding trails (Woodlake network)
  • Nearby outdoor recreation: horseback riding, regional trails, open space
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (pre-scraped MLS data)View source
2
MLS (IRES / REColorado as distributed)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.