Property listing for 24965 Cave Spring Trl, Elbert, CO 80106
ActiveSingle Family Home (Ranch)

$1,595,000

24965 Cave Spring Trl, Elbert, CO 80106

Cave Spring Ranch — 40 Acres with Studio, Shop & Pole Barn

8 Bed · 10 Bath · 9,180 Sq Ft

Turnkey 40-acre ranch with modern home, shop, and separate studio apartment.

8

Beds

10

Baths

9,180

Sq Ft

2019

Built

40 acres

Lot

40x60 heated metal shop + 42x64 pole barn (detached)

Garage

About 24965 Cave Spring Trl

Cave Spring Ranch — a substantial 40-acre offering in rural Elbert — pairs modern, comfortable living with immediate, practical outbuildings for equipment, livestock, and short-term rental income. The primary ranch-style residence (built 2019) provides an expansive footprint — the listing reports 9,180 total square feet of structure with roughly 7,770 sq ft finished living space (4,590 sf main level; 3,180 sf south-facing walkout). The structured data lists 8 bedrooms and 10 bathrooms (the narrative references 9 bedrooms; please confirm with the seller), making the layout ideal for large family living, retreats, or multi-unit hosting.

Beyond the main house the property includes a private 40x30 studio apartment, perfect as a guest suite or independent rental; a 40x60x16 insulated & heated metal shop with concrete floor, full insulation, and two 14-foot overhead doors; a 42x64 pole barn for covered equipment storage; and a 12x24 chicken coop. The shop is configured with a dedicated workshop zone and shelving — equipment and recreational vehicles are easily accommodated. The parcel’s level terrain, scattered ponderosa pines, and west-facing Front Range vistas (including views of Pikes Peak) combine productive acreage with dramatic scenery.

This ranch has been used, in part, as a short-term vacation rental and is well-positioned for buyers who want a turnkey mix of lifestyle and revenue. With multiple living areas and extensive barns/shops, the property supports equestrian pursuits, hobby farming, or a robust equipment/vehicle footprint without immediate capital expenditure. Road access is typical for the area; services and shopping are available in nearby towns (Elbert, Elizabeth) with broader amenities reachable in Parker and Castle Rock.

Practical notes: the property is listed at $1,595,000. Prospective buyers should request well/water documentation, septic/permitting records and confirm bedroom counts and finished square footage during inspection. For ranch buyers seeking space, usable infrastructure, and modern living — all within driving distance of the Denver metro — Cave Spring Ranch is a rare combination of scale, function, and scenic appeal. Contact listing agent James Digby for showing details and property records.

Home Highlights

40 acres with Front Range and Pikes Peak views9,180 SF total structure; ~7,770 SF finished living area40x60 insulated/heated metal shop with two 14' doorsSeparate 40x30 studio apartment for income or guests

Property Features

Interior Features

  • Approximately 7,770 sq ft finished living area (per listing narrative)
  • Multiple suites: 8 bedrooms reported; 10 bathrooms
  • South-facing walkout basement with additional living space (approx. 3,180 sf)
  • Spacious main level footprint (~4,590 sf) suited for multi-gen living

Exterior & Lot

  • 40 acres of level terrain with native grass and scattered ponderosa pine
  • 40x60x16 insulated & heated metal shop with 14' overhead doors and concrete floor
  • 42x64 pole barn and 12x24 chicken coop
  • Separate 40x30 studio apartment — rental or guest suite potential

Location & Neighborhood

  • Rural Elbert County setting—privacy and wide-open views
  • Nearby small towns: Elbert, Elizabeth; larger retail/medical in Parker/Castle Rock
  • Front Range and Pikes Peak views from property
  • Commutable for buyers tolerant of rural drives to Denver-area jobs

Walkability & Recreation

  • Walkability Rating: 10/100
  • Extensive on-site recreation: riding, hiking, shooting range potential, hobby farming
  • Nearby outdoor recreation: Front Range trails and open space within driving distance

Neighborhood & Location

The area around Cave Spring Trail is rural Elbert County: open plains with scattered trees, ranch parcels, and limited commercial development. Residents are drawn to privacy, large lots, and proximity to the Front Range. Local towns such as Elbert and Elizabeth provide basic services; larger retail, medical, and dining are a short drive to Parker and Castle Rock. The neighborhood attracts hobby farmers, equestrian owners, and buyers seeking a country lifestyle within reach of the Denver metro.

Market Insights

Rural Elbert and the southeast Denver-orbit have seen steady interest from buyers seeking acreage and privacy. Inventory for improved ranches is often limited, which supports price stability for turnkey properties with usable barns and modern homes. Buyer demand typically comes from a mix of equestrian/hobby-farm purchasers and families relocating from suburban Denver seeking more land. Median prices for similar improved parcels will vary widely by acreage and improvements — expect marketed values for well-equipped 30–50 acre ranches in the Denver-adjacent plains to range from the low $1M to $2M+ depending on finished residence, water rights and outbuildings. This property’s combination of a modern house, studio apartment and significant shop/pole barn place it competitively in that bracket.

Nearby Schools

Elbert School

Elementary|Middle|High (K-12 consolidated) · Approx 6-12 miles (varies by parcel)

5/10

Walkability & Recreation

10
Walkability
80
Recreation

Excellent on-site recreation options for riding, hiking and outdoor equipment; Front Range trails and additional open-space recreation are within a reasonable drive.

Investment Highlights

  • 40-acre improved ranch with extensive usable outbuildings (40x60 heated shop, 42x64 pole barn).
  • Large ranch-style home with ~7,770 sqft finished living area and a south-facing walkout basement.
  • Separate 40x30 studio apartment—income or guest suite potential.
  • Turnkey for hobby farming, equipment storage, or short-term rental operation (STR history noted).
  • Built in 2019 — modern systems likely and lower near-term capital spend for major structural items.

Key Findings

  • List price: $1,595,000 (structured data).
  • Parcel: 40 acres (1,742,400 sqft).
  • Building: 9,180 total SF reported with ~7,770 SF finished living area (listing narrative).
  • Reported bedrooms/baths: 8 beds / 10 baths (structured fields); listing narrative references 9 bedrooms—verify.
  • Significant outbuildings: 40x60 heated metal building, 42x64 pole barn, 40x30 studio apartment, 12x24 chicken coop.
  • Built in 2019 (recent construction).

Things to Consider

  • Bedroom count discrepancy between structured fields and narrative—confirm in inspection/title.
  • Utilities (well, septic/sewer) and water rights not specified in scraped data — critical for ranch buyers.
  • Niche buyer pool for 40-acre improved ranch; marketing timeline may be longer than for suburban homes.

Opportunity Analysis

Buyers seeking a turnkey ranch or dual-income property (owner-occupied primary + studio/STR income) can acquire a modern improved 40-acre parcel close enough to the Denver metro to be practical while retaining privacy and usable agricultural infrastructure.

Potential Use Scenarios

  • Market to lifestyle buyers (equine, hobby farm) and investors seeking short-term rental income.
  • Confirm and document utility/water infrastructure and provide permit history for outbuildings to reduce buyer friction.
  • Highlight shop capabilities and two large overhead doors for equipment-focused buyers.

Risk Factors

  • Limited comparable sales liquidity for large ranches in the immediate area.
  • Possible permitting/regulatory constraints for commercial STR operations.
  • Rural utility and access considerations (well/septic, road maintenance).

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1430K

Midpoint

$1595K

High

$1760K

$174/SF estimated price per square foot

65% confidence

Estimate anchored to the listed price ($1,595,000) with a +/-10-12% range based on typical dispersion for improved 40-acre ranches near Elbert and recent rural Denver-metro market behavior. No live comps pulled; estimation uses property size, improvements, and regional market knowledge.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Demographics

Rural Elbert County has seen modest migration from metro Denver buyers seeking acreage, with appreciation for lifestyle properties. Population density low; buyer pool niche (ranch/hobby farm buyers and those seeking privacy).

Nearby Points of Interest

  • Town of Elbert (approx 6-10 miles)
  • Interstate/Highway access toward Castle Rock/Denver (approx 35-60 min commute)

Rural setting with wide-open plains and Front Range views. Nearby small towns (Elbert, Kiowa, Elizabeth) provide basic services; larger retail and healthcare in Parker and Castle Rock. Recreational access includes local trails, BLM/open space and Front Range hikes within reasonable drive.

School District

DistrictElbert School District (local rural district)
ElementaryElbert School (K-12) — estimated rating 5/10
MiddleElbert School (K-12) — estimated rating 5/10
HighElbert School (K-12) — estimated rating 5/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2019
Constructionmodular/wood frame (per listing: Modular)
Basementfull walkout
FireplaceNo
Conditiongood

Lot & Site

Lot Size40 acres (1,742,400 SF)
Topographylevel
Parkingdetached_outbuildings_and_driveway

Utilities

Zoning & Land Use

DescriptionRural/agricultural/residential ranch zoning likely allowing single-family dwellings, agricultural uses, accessory structures and equestrian uses (typical for Elbert County rural parcels).
JurisdictionElbert County

Allowed Uses

Single family residentialAccessory buildings (shops, barns)Agricultural and equestrian usesShort term rental likely allowed with county/permit review
Current Useresidential

Tax & Sale History

Tax Assessment

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