Back 40305 Margaret Drive
Off Market

40305 Margaret Drive

Elizabeth CO 80107

4
5
2
2780 sq. ft.
5.33 ac.
Single-Family
Last sold for $980,000
Kathleen SurgesKathleen Surges, last sold this property on 05 December 2025 after 147 days on market.

Overview

SPECTACULAR CUSTOM BUILT HOME on 5.33 acres in the Cross Diamond Acres community! OFF-GRID LIVING AVAILABLE! 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 low propane cost with owned propane tanks, & the owned solar panels, battery back-up ready, generating on average 100 kWh/day. Fully fenced & crossed fenced lot, with chicken coop, loafing shed, raised garden beds & more. There's plenty of space to add an outbuilding and/or barn. Low traffic Cross Diamond Acres community with quick access to equestrian riding & training, Parker, Elizabeth, shopping, dining & recreation. Custom designed, custom built, nothing else like it! Hurry to make this home yours!

Features

4 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
2780 sq. ft. floor area
5.33 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Elizabeth over the last 12 months, the estimated median property value of 40305 Margaret Drive is $643.75k.

Median value
$643.75k
Estimated value range
$395k - $1.63m
Median days on market
68
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40305 Margaret Drive

2025
Sold
$980,000
05 Dec 2025 by Kathleen Surges, of Compass - Denver
2018
Sold
$226,500
13 Aug 2018 by Marlene Gumbiner, of GUMBINER PROP SALES & MANAGEMENT

Happy sellers in Elizabeth

80%
80% of sellers in Elizabeth reported that their sale price either exceeded or met their price expectations.

Elizabeth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Elizabeth over the last 12 months.

Local market activity for 4 bedroom single-family properties in Elizabeth

In the last 12 months, 181 four-bedroom single-family properties similar to 40305 Margaret Drive, have been sold.

This represents a 6% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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