$1,595,000
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
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.
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.
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.
Elbert School
Elementary|Middle|High (K-12 consolidated) · Approx 6-12 miles (varies by parcel)
Excellent on-site recreation options for riding, hiking and outdoor equipment; Front Range trails and additional open-space recreation are within a reasonable drive.
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.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$1430K
Midpoint
$1595K
High
$1760K
$174/SF estimated price per square foot
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.
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).
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.
Market data is based on aggregated public records and may not reflect real-time conditions.
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