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40305 Margaret Drive

Elizabeth, CO 80107

4 beds
5 baths
2,780 sqft
~5 acre lot
$368 per sqft
2018 build
– on site

SPECTACTULAR CUSTOM BUILT HOME on 5.33 acres in the Cross Diamond Acres community! CUSTOM DESIGNED & GORGEOUS! 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 oversized garage & the owned solar panels, generating excess electricity. The lot is fully fenced plus crossed fenced, with chicken coop, loafing shed, raised garden beds & more. There’s plenty of space to add an outbuilding and/or barn. Fabulous location in the low traffic Cross Diamond Acres community with quick access to equestrian riding & training, Parker, Elizabeth, shopping, dining and recreation. Custom designed, custom built, nothing else like it! Schedule a tour and make this home yours!

Listing courtesy of Compass - Denver

Last checked: Checking… • Last updated Jul 13, 2025 •

MLS# 3846293 —

This home is listed in more than one place. See it here.

The Building

Year Built:

2018
Builder Name:

Lighthouse Builders
Builder Model:

Custom
Construction Materials:

Frame, Wood Siding
Building Area Total:

4958
Building Area Source:

Plans
Structure Type:

House
Roof:

Shingle
Foundation Details:

Slab
Levels:

Two
Basement:

true
Direction Faces:

West
Exterior Features:

Garden, Private Yard, Rain Gutters
Patio And Porch Features:

Deck, Front Porch, Patio
Window Features:

Double Pane Windows, Window Coverings
Security Features:

Carbon Monoxide Detector(s), Security Entrance, Smoke Detector(s), Video Doorbell
Above Grade Finished Area:

2780
Property Attached:

false
Below Grade Unfinished Area:

2178

Interior

Interior Features:

Block Counters, Built-in Features, Butcher Counters, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Open Floorplan, Pantry, Primary Suite, Radon Mitigation System, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data
Furnished:

Unfurnished
Flooring:

Carpet, Tile, Vinyl
Fireplaces Total:

2
Fireplace Features:

Basement, Living Room, Pellet Stove, Wood Burning
Laundry Features:

Sink, In Unit

Room Dimensions

Living Area:

2780

Financial & Terms

Ownership:

Individual
Possession:

Closing/DOD

Location

Latitude:

39.45259175
Longitude:

-104.597854

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

R105421
Lot Features:

Landscaped, Many Trees, Meadow, Suitable For Grazing
Lot Size Area:

5.33
Lot Size Acres:

5.33
Lot Size SqFt:

232,174 Sqft
Lot Size Units:

Acres
Exclusions:

washer, dryer, and storage pedestals; all TV's and TV mounts, basement freezer; garage refrigerator, security cameras, all wifi equipment (some items may be negotiable: Starlink "satellite dish", receiver for driveway alarm, point to point wifi dish for internet connectivity to the solar shed.
View:

Meadow, Plains
Fencing:

Fenced Pasture, Full
Horse:

true
Horse Amenities:

Loafing Shed, Pasture, Well Allows For
Road Responsibility:

Public Maintained Road
Road Frontage Type:

Public
Road Surface Type:

Dirt, Paved
Water Mineral Rights:

Mineral Rights,Water Rights

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$2,649

Beds

Bedrooms Total:

4
Main Level Bedrooms:

2
Upper Level Bedrooms:

2

Baths

Total Baths:

5
Full Baths:

2
Three Quarter Baths:

1
Half Baths:

2
Main Level Baths:

3
Upper Level Baths:

1
Basement Level Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.zillow.com/view-imx/54cbf3a8-77ef-421c-93d0-efc46e6770c1?setAttribution=mls&wl=true&initialViewType=pano
Virtual Tour URL Unbranded 2:

https://listings.mediamaxphotography.com/40305-Margaret-Dr
Home Warranty:

true

Heating & Cooling

Heating:

Forced Air, Pellet Stove, Propane
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Connected, Internet Access (Wired), Propane
Electric:

220 Volts
Sewer:

Septic Tank
Well Type:

Operational
Water Included:

Yes
Water Source:

Well

Appliances

Appliances:

Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Tankless Water Heater

Schools

Elementary School:

Singing Hills
Elementary School District:

Elizabeth C-1
Middle Or Junior School:

Elizabeth
Middle Or Junior School District:

Elizabeth C-1
High School:

Elizabeth
High School District:

Elizabeth C-1

The Community

Subdivision Name:

Cross Diamond Acres
Association:

false
Senior Community:

false
Spa Features:

Bath

Parking

Parking Total:

2
Parking Features:

220 Volts, Lighted, Oversized, Storage
Attached Garage:

false
Garage Spaces:

2

Monthly cost estimate

Asking price

$1,025,000

Expense	Monthly cost
Mortgage	$5,488
Taxes	$220
Insurance	$478
Utilities	$134 See report
Total	$6,320/mo.^*
	^*This is an estimate

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This house located in CO 80107 is currently for sale for $1,025,000. 40305 Margaret Drive is a 2,780 square foot house with 4 beds and 5 baths that has been on Estately for 9 days. This house is in the attendance area of Elizabeth High School.

Listing Courtesy of: RECOLORADO and Compass - Denver. Data displayed here has not been verified by Estately. Disclaimers