128 West Elm Street, Elizabeth, CO 80107 - Elbert County

Rare Opportunity: Prime Lot in the Heart of Elizabeth, CO

Nestled in the original town of Elizabeth, this .17-acre lot presents a unique and rare opportunity to build in one of the few remaining vacant parcels in this sought-after community. Elizabeth is one of Colorados fastest-growing areas, yet it maintains its small-town charm and rural appeal, offering a perfect blend of peaceful living with modern conveniences just steps away.

Located within walking distance of the highly anticipated Main Street Streetscape Project, this lot is positioned to benefit from a transformative revitalization that will reshape the heart of Elizabeth. This dynamic mixed-use development will introduce new retail, dining, and commercial spaces, along with a newly constructed parking lot designed to improve accessibility and convenience. The Streetscape Project is carefully planned to enhance the downtown experience with wider sidewalks, tree-lined streets, modern lighting, and inviting public spaces, creating an attractive and walkable destination for both residents and visitors. As new businesses take root and the town continues to grow, this property offers an unparalleled opportunity to be part of Elizabeths bright future.

For outdoor enthusiasts, this lot is surrounded by parks and recreational opportunities. Just one block away, Memorial Park, Bandt Park, and Larmer Park offer basketball, tennis, and pickleball courts, as well as sand volleyball, jungle gyms, swing sets, and open green spaces. The Running Creek Trail system is also within walking distance, providing a scenic route from Running Creek Elementary to Evans Park. Only a mile away, Evans Park features athletic fields, a splash pad, a skate park, trails, the Dragonfly fishing pond, and additional playgrounds, making it an ideal location for families and outdoor lovers alike.

Elizabeths vibrant local scene is just a short stroll away, with easy access to popular dining spots such as Jacs Pizza, The Elizabeth Brewing Company, Small Town Mini Donuts, The Tea Spoon, Catalinas Diner, and more. Small businesses, coffee shops, and boutique stores line the nearby streets, enhancing the towns welcoming and community-driven atmosphere.

Zoned to allow for an Accessory Dwelling Unit (ADU) with town approval, this property offers flexibility for buyers looking to build a custom home with multi-generational living. The lots convenient location also provides proximity to top-rated schools, including Running Creek Elementary, Elizabeth Middle School, and Elizabeth High School, making it an excellent choice for families.

With easy access to Highway 86, this property is a quick commute to Parker, Castle Rock, and the greater Denver metropolitan area while still offering the serenity of rural living. Elizabeths strong sense of community, continued growth, and upcoming downtown improvements make this a prime investment opportunity.

Buyers and agents should verify all information with the Town of Elizabeth, including zoning, utility access, and any required approvals for development. The address provided is for marketing purposes only. Dont miss this rare chance to own a piece of Elizabeths historic town center and be part of its bright future.