34586 Morgan Trail, Elizabeth, CO

About 34586 Morgan Trail

Rare opportunity to own a scenic 5+ acres in a horse friendly neighborhood, with mountain views, no HOA, with long and/or short-term rental potential (buyer to verify). This ranch-style home offers main-level living and is ideal for investors, multi-generational households, or buyers looking to build equity. A private attached mother-in-law suite provides flexible space for caregiving, guest use, or income generation. Each bedroom features its own full en-suite bathroom, offering a unique layout for privacy and future resale value. The unfinished walkout basement boasts 12-foot ceilings, abundant daylight, and is ready to become a second living space, entertainment area, or income-producing unit. The detached garage can accommodate up to 6 vehicles and includes a back workshop space—perfect for hobbyists or tradespeople. Several outbuildings on the property provide additional storage or could be converted into workshops or animal shelters. The septic system has been updated, and the property is zoned for horses. Peacefully nestled away yet located just minutes from Parker, Franktown, and Castle Rock, this property combines country living with convenience. The home has been well-loved over the years and the price allows the next owner to modernize and personalize while enjoying instant equity potential. Whether you're looking for a home with room to grow, a family compound, or a creative flip, this property checks all the boxes. Estate sale on-site June 19–21. Showings permitted during off-hours. Reach out to the listing agent or your buyer broker from more specifics. Buyer will not be able to see the entire unit during esate sale hours.

Listing Map