Lone Star Ranch is the quintessential front range gentleman's ranch. Ideally located just south of Elizabeth Colorado, the ranch boasts 700 acres of rolling hills, rocky ridges and Ponderosa Pine covered hilltops. Featuring a beautiful custom home, a sales office, an historic red barn, new large shop/equipment building, along with various smaller outbuildings. The home is a sprawling ranch style home with a spacious open floor plan. It has been recently remodeled and includes 4 large bedrooms, 3 full baths and 3764 square feet of living area. It boasts a large open great room, dining area and kitchen with new appliances. It's setting at the base of a rocky pine covered bluff at the center of the property is ideal. The sales office building is a brand new two story on a full basement with 2711 square feet and is set up to be used as two units, if desired. The building is modern style with large picture windows. It features on the main level, a large gathering/conference area and dining area. The upper level has two large rooms and a large gathering/conference area. Ranch buildings include an historic 70x42 barn with a large hayloft converted to a family party loft. Also included is a new 40x72 shop building. There are several smaller livestock shelters and sheds. The sellers mineral and water interests are included. The water rights include a total of 1310 acre feet per year appropriated in case number 93CW097 in Colorado Water Court Division 1. There are several wells on the property. The land is 803 acres deeded and features rolling hills, drainage areas, several ponds, bluffs, rock outcroppings, pine trees, and incredible mountain and country views.
Lot FeaturesWooded, Deciduous Trees, Rolling Lot, Rock Outcropping, Abuts Pond/Lake, Meadow, Outbuildings, Mineral Rights Included
Garage spaces4
ViewMountain(s), Hills, Plains View
CITYElizabeth
SUBDIVISIONRuralA
COUNTYElbert
AREAMetro Denver
STATECO
SUB AREAMetro25/DEP
TAX AMOUNT5100.0
LATEST UPDATE2026-01-23T02:19:42.190Z
PRICE CHANGE(S)
$7,800,000 Oct 21, 2025
Market Trends
New Properties On Market
51
65%
Increase In New Listings
Average Asking Price
$751,776
$1,980 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$218
$6 Decrease In List Price/Sq. Ft.
Average Days On Market
7
24 Day
Decrease In Days On Market
Data as of Apr 06, 2026.
Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.
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