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400 County Road 158, Elizabeth, CO – $400,000

  • $400k Price
  • 40 Acres
  • $400k Price
  • 40 Acres

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400 County Road 158

Welcome to The Tower, a truly one-of-a-kind 40-acre parcel in the rolling hills of Elbert County, zoned Residential Agriculture (RA) and subdividable into 10-acre estates. Just beyond the crest of Highway 158 in the northern most part of Ponderosa Park, this property opens up to sweeping 360-degree views that stretch to the horizon. The land undulates gently, with beautiful slopes and contours that reveal new character as the sun and wind move across it throughout the day — serene, powerful, and endlessly inspiring. Surrounded by quiet 5- to 10-acre estates, the setting offers both privacy and prestige — a perfect canvas for those seeking a signature homestead or a small enclave of custom homes. On site, you’ll find a solid block building, a towering guyed mast reaching well over 100 feet, and a few remaining satellite dishes — all sold as-is, with removal of equipment to be handled by the buyer. The potential here is extraordinary. Keep it intact as a single legacy estate, or subdivide to mirror the neighboring parcels and unlock multiple opportunities. We’re setting a call for offers on October 31st — with the price intentionally set low to invite creativity, competition, and every vision to the table.

Listing Office: Compass - Denver

Essential Information

  • MLS® #7638103
  • Price$400,000
  • Bathrooms0.00
  • Acres40.00
  • TypeLand
  • Sub-TypeSubdividable
  • StatusActive

Community Information

  • Address400 County Road 158
  • SubdivisionPonderosa Park
  • CityElizabeth
  • CountyElbert
  • StateCO
  • Zip Code80107

Amenities

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City, Mountain(s), Plains, Valley

School Information

  • DistrictElizabeth C-1

Additional Information

  • Date ListedOctober 20th, 2025
  • ZoningRA

Listing Details

  • Compass - Denver
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Listing information last updated on October 22nd, 2025 at 9:33pm MDT.