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40305 Margaret Drive, Elizabeth, CO – $1,025,000

  • 4 Beds
  • 5 Baths
  • 2,780 Sqft
  • 5.33 Acres
  • 4 Beds
  • 5 Baths
  • 2,780 Sqft
  • 5.33 Acres

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40305 Margaret Drive

SPECTACTULAR CUSTOM BUILT HOME on 5.33 acres in the Cross Diamond Acres community! CUSTOM DESIGNED & GORGEOUS! Approximately 4,958 total sq ft includes 4 bedrooms, 5 baths, a main floor study & full walk-out basement. The stunning great room, with vaulted & beamed ceilings, showcases walls of windows & beautiful natural light. Enjoy the thoughtfully designed open layout with brick & shiplap fireplace surround, chandeliers plus recessed lighting, wide plank luxury vinyl flooring & Pella windows & doors. You’ll love this expansive space, including the large dining room & the oversized seating/serving kitchen island with power on 2 sides. The kitchen’s exceptional with white & knotty alder cabinets, 2 dishwashers, apron front sink, slab granite & black walnut butcher block counters, pull out cabinet shelves, mixer lift shelf with power, & 2 convection ovens. WOW! Relax in the main floor primary retreat with luxurious primary bath… marble countertop, undermount sinks, walk-in shower with bench, & a jetted, heated while circulating, soaking tub. A custom wood barn door leads to the main floor study with brick accent wall – fabulous for working from home! A 2nd main floor bedroom (or 2nd primary) with ensuite bath & large walk-in closet, a spacious laundry room, & mud room with built-in shelves & cubbies complete the main floor. Two generously sized bedrooms on the 2nd level share an adjacent bath. Enjoy beautiful views from the low maintenance deck, the oversized garage & the owned solar panels, generating excess electricity. The lot is fully fenced plus crossed fenced, with chicken coop, loafing shed, raised garden beds & more. There’s plenty of space to add an outbuilding and/or barn. Fabulous location in the low traffic Cross Diamond Acres community with quick access to equestrian riding & training, Parker, Elizabeth, shopping, dining and recreation. Custom designed, custom built, nothing else like it! Schedule a tour and make this home yours!

Listing Office: Compass - Denver

Essential Information

  • MLS® #3846293
  • Price$1,025,000
  • Bedrooms4
  • Bathrooms5.00
  • Full Baths2
  • Half Baths2
  • Square Footage2,780
  • Acres5.33
  • Year Built2018
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address40305 Margaret Drive
  • SubdivisionCross Diamond Acres
  • CityElizabeth
  • CountyElbert
  • StateCO
  • Zip Code80107

Amenities

  • Parking Spaces2
  • # of Garages2
  • ViewMeadow, Plains

Utilities

Cable Available, Electricity Connected, Internet Access (Wired), Propane

Parking

220 Volts, Lighted, Oversized, Storage

Interior

  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces2
  • StoriesTwo

Interior Features

Block Counters, Built-in Features, Butcher Counters, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Open Floorplan, Pantry, Primary Suite, Radon Mitigation System, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data

Appliances

Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Tankless Water Heater

Heating

Forced Air, Pellet Stove, Propane

Fireplaces

Basement, Living Room, Pellet Stove, Wood Burning

Exterior

  • RoofShingle
  • FoundationSlab

Exterior Features

Garden, Private Yard, Rain Gutters

Lot Description

Landscaped, Many Trees, Meadow, Suitable For Grazing

Windows

Double Pane Windows, Window Coverings

School Information

  • DistrictElizabeth C-1
  • ElementarySinging Hills
  • MiddleElizabeth
  • HighElizabeth

Additional Information

  • Date ListedJuly 4th, 2025

Listing Details

  • Compass - Denver
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Listing information last updated on July 17th, 2025 at 9:04am MDT.