Lovely large acreage parcel is a valuable development opportunity with **adjudicated water rights.** Three permitted wells draw from several aquafers for domestic and/or agricultural use. Easily subdivide into 35-acre ranchettes, or small acreage sites. Or keep the 179 acres for an incredible ranch and future dream home just minutes from the historic and charming town of Elizabeth. This is rural living at its finest without being isolated or restricted by covenants. Pikes Peak and mountain views, rolling and pine-covered hills, flower-filled meadows, seasonal stream, and abundant wildlife including several species of birds, fox, coyote, mule deer, and even roaming antelope! Looking for something extra special? This property has an FAA registered airport and turf airstrips for fly-in/fly-out convenience. Dinner in Santa Fe? No problem! (www.airport-data.com/airport/CO42) Perimeter and cross-fencing in place for grazing cattle, horses, or other livestock. Easy access to Denver and Colorado Springs Metro areas, Franktown, Parker, Castle Rock, DIA, DTC and less than an hour to Downtown Denver. Electricity, water, and septic system present on the property. Be sure to check out the video for a bird’s-eye view of this stunning property! Buyer to verify all information.