Elizabeth Homes with Walkout Basement

Welcome to Elizabeth, Colorado, a charming town nestled in the heart of Elbert County. Known for its picturesque landscapes and a close-knit community, Elizabeth offers a unique blend of small-town charm and modern conveniences. With its scenic views of the Rocky Mountains and sprawling open spaces, this vibrant town is perfect for those seeking a peaceful retreat while still being within reach of the bustling Denver metropolitan area.

Elizabeth is not just a beautiful place to live; it also boasts a rich history and a variety of local amenities. Residents enjoy access to quaint shops, delightful dining options, and numerous outdoor recreational activities, including hiking, biking, and horseback riding. The town is also home to several parks and community events that foster a strong sense of belonging among its residents.

For those in search of their dream home, Elizabeth offers a variety of properties, including stunning homes with walkout basements. These unique homes provide a seamless transition between indoor and outdoor living, perfect for entertaining or simply enjoying the serene Colorado landscape. Imagine stepping out onto your private patio or deck, surrounded by lush greenery and the sounds of nature—a perfect setting for morning coffee or evening gatherings with friends and family.

Whether you're a first-time homebuyer or looking to settle into a spacious family home, Elizabeth's real estate market has something for everyone. Experience the charm and tranquility of this delightful town, and discover the perfect home with a walkout basement that complements your lifestyle. Welcome to Elizabeth, where your dream home awaits!

Newest Elizabeth Homes with Walkout Basement

$689,900

4 Beds ⋅ 3 Baths ⋅ 4008338 MLS

Tucked on a premium lot backing to open green space in the heart of Independence, this 2024-built two-story home is being offered for buyers who want access to one of the neighborhood's most upgraded homes, this is the moment. Inside, 2,428 finished square feet deliver 4 bedrooms, 2.5 baths, and an open-concept layout finished with intention: luxury vinyl plank flooring, quartz-look counters, a gold-and-matte-black fixture palette, arabesque tile backsplash, and an island with seating for 3 anchor the kitchen, outfitted with a Samsung convection oven, Samsung microwave, and Bosch dishwasher. Designer lighting carries through the home, from kitchen pendants to under-cabinet and over-cabinet fixtures. A whole-home water purification system, Eufy security camera system, and an automatic robotic mower round out a home that is genuinely move-in ready. The 3-car garage and 1,008-square-foot unfinished walkout basement add rare flexibility for this price point, opening directly onto the backyard's standout feature: uninterrupted views over green space, with sunrises the sellers describe as epic. Independence residents enjoy a resort-style pool, clubhouse, fitness center, walking and e-biking trails, and a metro district structure with no separate HOA dues. Elizabeth School District. 2-gig fiber available.

39520 Congress Ln, Elizabeth

Courtesy of Compass - Denver . c.thompson@compass.com,720-277-7485

$975,000

4 Beds ⋅ 3 Baths ⋅ 8024087 MLS

THE ACREAGE SETUP EVERYONE IS LOOKING FOR: Five acres in the Elizabeth treeline with mature pines, plus open horse pasture, horse barn, loafing shed, chicken coop, garden, AND a 30'x48' workshop. The hard work has already been done. This meticulously maintained 4-bedroom, 3-full-bath walkout ranch offers the rare combination of a treed homesite and open, usable space for horses. HOME: A covered front porch leads into a bright main level with vaulted ceilings. The family room features a gas fireplace with brick surround and opens to the kitchen, dining and eat-in areas, creating an easy, connected floorplan. KITCHEN: A center island and pantry add function while a large bay window surrounds the eat-in area with natural light and views of the trees. The island has 220V power and exterior venting for the option of adding a cooktop. PRIMARY SUITE: Vaulted ceilings, a 5-piece ensuite bath and direct deck access highlight the main-floor primary. Two additional bedrooms and a full bath complete this level. LAUNDRY: The fantastic laundry/mudroom offers abundant folding space and storage with convenient access to the heated and oversized 3-car attached garage. BASEMENT: The finished walkout adds an oversized 4th bedroom, full bath, two large living areas, wood stove and abundance of storage. One living area walks directly outside, providing easy access to the backyard and acreage. OUTDOOR: The composite deck, built in 2018, spans the back of the home with access from both the kitchen and primary suite. New Class 4 roof in 2024. SHOP: The 30'x48' shop is built for someone who will actually use it, with a 12'x14' RV door and 9,000-lb BendPak lift. HORSES & MORE: The established setup includes a 2-stall barn with tack room and hay storage, loafing shed, exterior water, chicken coop, garden, dog kennel and two storage sheds. A domestic well serves the property and a voluntary HOA. Properties this complete don't come along often. Minutes to Elizabeth dining, shopping & amenities.

37140 Pheasant Run, Elizabeth

Courtesy of Osgood Team Real Estate . drbob@osgoodteam.com,303-513-4333

$675,000

5 Beds ⋅ 3 Baths ⋅ 6917943 MLS

Welcome to 5522 Bear Creek Loop, a beautiful ranch-style home in the highly sought after Spring Valley Ranch community. With 5 bedrooms, 3 bathrooms and 3,696 finished square feet, this home offers the space, comfort and lifestyle you’ve been looking for. The ranch floor plan provides easy main-level living, while the walkout basement adds an incredible amount of living space along with abundant storage - this space is perfect for family, guests, entertaining, a home office, hobbies or a little room to spread out. The 3-car garage provides plenty of space provides plenty of space for vehicles, toys and storage. With great views surrounding the property, you’ll have a front-row seat to the beauty of Colorado right from home. Situated on a large lot, there’s plenty of room to enjoy the outdoors, whether you’re relaxing with your morning coffee, hosting friends and family, or simply taking in the peaceful surroundings. Located in Elizabeth’s only golf course community, this home offers the perfect combination of peaceful Colorado living and everyday convenience. Come take a look and experience everything this home and Spring Valley Ranch have to offer!

5522 Bear Creek Loop, Elizabeth

Courtesy of HomeSmart Realty . paigemcdaniel@aol.com,720-273-4282

$840,000

4 Beds ⋅ 3 Baths ⋅ 7735747 MLS

Experience exceptional Colorado living perched above the neighborhood on 4 private acres in the sought-after Sun Country Meadows subdivision, where sweeping, unobstructed Pikes Peak views create a breathtaking backdrop in every season. Thoughtfully updated and designed to embrace its spectacular setting, this home features an expansive deck oriented towards the Front Range mountains - an ideal place to enjoy morning coffee, dramatic sunsets, and expansive views. Inside, a striking floor-to-ceiling custom stone wood-burning fireplace anchors the main living area, complemented by granite countertops and inviting living spaces designed for both everyday comfort and entertaining. The finished walkout lower level offers exceptional versatility with a full second kitchen and separate living quarters, creating an ideal arrangement for multi-generational living, extended-stay guests, or additional private living space. All appliances are included, along with a Cal Spas hot tub for relaxing beneath the Colorado sky. A heated dog house provides a sanctuary for your furry friends. Combining acreage, privacy, flexible living spaces, and remarkable mountain views, this distinctive property offers the space and setting to fully enjoy the Colorado lifestyle.

44310 Homestead Rd, Elizabeth

Courtesy of Colorado Realty 4 Less, LLC . KathyHaas@coloradorealty4less.com,970-531-7448

$2,185,000

6 Beds ⋅ 7 Baths ⋅ 5262280 MLS

This 7-bedroom, 7-bathroom Elizabeth home offers more than 9,300 finished square feet on 20 acres, with room to spread out across two stories and a fully finished basement. Built in 2004 and well cared for, the home has been updated with a new 50-year roof, refreshed stucco, fresh exterior paint, new North-facing windows that bring in natural light, and new carpeting, with new front doors to be installed soon. Three gas fireplaces, a HEPA filtration system for improved air quality, and hardwired high-speed internet with LAN ports in every room make daily life comfortable and connected, whether you work from home or stream at night. The theatre room comes with Polk Audio surround sound and AV equipment, and a dedicated fitness room and plenty of storage add even more flexibility. The kitchen has modern appliances and generous counter space for everyday cooking or hosting. An oversized 4-car attached garage has room for vehicles, tools, and equipment, while multiple living areas and a large backyard give you space to entertain or unwind. Move-in ready and built for long-term comfort in Elbert County. Schedule your private tour today!

36412 Paradise Cir, Elizabeth

Courtesy of Keystone Realty Co . scott@keystone-realtyco.com,303-223-9767

$925,000

7 Beds ⋅ 4 Baths ⋅ 3440201 MLS

Welcome to 7555 Patrick Trail, where nearly 36 acres of Colorado countryside meet space, privacy, and versatility. Located in the desirable Foxwood community of Elizabeth, this expansive 7-bedroom, 4-bath home offers nearly 3,900 finished square feet with a thoughtfully designed main level and a fully finished walkout basement. Step inside to soaring ceilings, abundant natural light, wood flooring, and comfortable living spaces designed for both everyday life and entertaining. The spacious kitchen features granite countertops, ample storage, a pantry, and an eat-in area, while the family room is anchored by a cozy gas fireplace. Four bedrooms are conveniently located on the main level, including the primary suite with a walk-in closet and five-piece bath. The finished walkout basement dramatically expands the home's possibilities with three additional bedrooms, a full bathroom, media room, den, and plenty of flexible space for guests, recreation, a home office, gym, or multigenerational living. Outside is where this property truly stands apart. Nearly 36 acres provide incredible room to enjoy the Colorado lifestyle, complemented by a 30' x 40' steel barn with water and electricity. Whether you're looking for space for horses, animals, hobbies, or simply more privacy and breathing room, this property offers possibilities that are increasingly hard to find. Enjoy Colorado's beautiful seasons from the covered patio, deck, or balcony, then unwind in the hot tub at the end of the day. An oversized, insulated and drywalled two-car attached garage adds even more functionality. The home also has solar installed that comes with a PowerWall 2 battery backup. With no HOA, a domestic well, expansive acreage, a versatile floor plan, and room to make the property your own, 7555 Patrick Trail offers the space and freedom to create the Colorado lifestyle you've been looking for, just outside the conveniences of town.

7555 Patrick Trl, Elizabeth

Courtesy of LPT Realty . janel@thebairdteam.net,303-915-5068

$1,450,000

5 Beds ⋅ 5 Baths ⋅ 8636232 MLS

Discover the space and versatility of this custom ranch-style home on 5.01 acres in Coyote Hills. It offers 5 bedrooms, 5 bathrooms, main-level laundry and flexible spaces for hosting guests and entertaining. Radiant floor heating, forced air and central air provide year-round comfort. The main-level primary suite includes direct deck access, dual custom closets and a five-piece bath with a jetted tub. Two additional main-level bedrooms share a Jack-and-Jill bathroom. An executive home office set behind French doors offers a polished workspace. Above the garage, a bonus room with a full bathroom provides private space for guests or a quiet retreat. The finished walkout basement is well suited for multigenerational living, an in-law suite, extended-stay guests or private guest quarters. With its own outdoor access, bedroom, bathroom, full kitchen, full bar, dining and living areas, media space, game or recreation room, fireplace and home gym, the lower level can function as a comfortable private retreat. Just outside the basement doors is the hot tub, creating an inviting place to relax. Outdoor living includes an oversized deck, landscaped grounds, a water feature and a covered pergola area for grilling and gathering. Enjoy the peaceful acreage setting and visiting wildlife, including deer. The oversized three-car attached garage features an EV charger, LED lighting and epoxy flooring. A heated detached workshop adds another garage bay, multiple 220-volt outlets and an in-floor vacuum system for vehicles, hobbies or projects. The property is served by a shared well and septic system. Coyote Hills HOA dues are $400 annually and include trash and recycling. Parker and Elizabeth are each approximately 10min away for shopping, dining and services. Denver International Airport is about 40min away, COS airport is just 70min, North Colorado Springs is only about 40min away. Colorado country living and city conveniences come together in one versatile property.

715 Coyote Trl, Elizabeth

Courtesy of LPT Realty . jenjohnsonrealtor.ppc@gmail.com,719-799-0706

$750,000

5 Beds ⋅ 4 Baths ⋅ 9187051 MLS

Turn-Key Equestrian Property on 5+ Acres in Pawnee Hills Designed with the serious horse owner in mind, this 5.18-acre property in the sought-after Pawnee Hills community delivers the ideal balance of functionality, space, and ride-out convenience. With over 100 established trees providing natural windbreak and shade, plus open pasture areas for grazing, this property is well-suited for year-round horse care and enjoyment. The 30x40 shop/barn is ready to go with 4 stalls 2 being extra large, a dedicated tack and storage room, and a 12x12 sliding door allowing easy access for trailers, trucks, RVs, and equipment. An attached covered loafing area offers additional shelter for horses or livestock. A Predator Proof Chicken Coup for those who want chickens. The property is fully fenced and cross fenced, making it immediately usable for horse owners looking for a seamless setup. Enjoy direct access to miles of community riding trails, along with shared equestrian amenities including riding arenas and a community barn—a rare advantage for those who value both convenience and a connected horse community. The home complements the property with a spacious 5-bedroom, 3.5-bath layout, featuring an open, light-filled floor plan and a large kitchen ideal for gathering after a day in the saddle. The enclosed garage provides flexible bonus space—perfect for a game room or man cave, hobby room, or recreation space. Interior updates were completed in 2018, and a Class 4 impact-resistant roof was installed in 2025. Beyond the barn, residents of Pawnee Hills enjoy access to community amenities including a clubhouse, pool, sauna, steam room. Offering a unique blend of equestrian living and lifestyle convenience. This is a rare opportunity to own a fully functional, move-in-ready horse property in a well-established equestrian community—set up for both everyday riding and long-term enjoyment. Don't miss out on this hard to find Property.

1724 Kiowa Trl, Elizabeth

Courtesy of eXp Realty, LLC . bryan.decker@exprealty.com,719-339-3210

$1,250,000

5 Beds ⋅ 5 Baths ⋅ 6644681 MLS

Welcome to an exceptional Wild Pointe property where expansive mountain views, equestrian amenities, and unforgettable outdoor living come together on a private 5-acre lot. From the moment you arrive, the setting is impressive, with sweeping Front Range views stretching to Pikes Peak and miles of beautiful Colorado scenery. The main level offers an incredible connection to the outdoors, with the kitchen and adjacent eating area opening to a large custom composite deck overlooking the breathtaking mountain views and spectacular backyard—an ideal setting for morning coffee, evening sunsets, or entertaining guests. The backyard is truly spectacular, designed for enjoying the outdoors year-round. A custom flagstone patio creates the perfect gathering space, complemented by a built-in gas firepit, hot tub, and stunning river-like water feature that adds a peaceful, resort-like ambiance. Equestrian enthusiasts will appreciate the impressive outbuilding (plumbed for natural gas) featuring two horse stalls, a tack room, and a hay loft, along with an RV garage offering ample room to accommodate up to four vehicles. The Wild Pointe community also features a bridle path winding throughout the neighborhood, providing easy access to scenic riding and the beauty of the surrounding area. The upper-level primary suite is a private retreat, showcasing gorgeous mountain views, a spacious walk-in closet, and a luxurious 5-piece ensuite bath. The walkout basement expands the living space with a cozy fireplace, entertainment room, spacious office, and wet bar—ideal for movie nights, entertaining, guests, or working from home. The walkout leads directly to the custom flagstone patio and incredible backyard, creating a seamless connection between indoor and outdoor living. About a 2-5 minute drive to Walmart and Safeway. Walk to Legacy Academy (Tuition-Free K-8 Charter School), approx 3 minute drive to Elizabeth Elementary, Middle, and High School. Don't miss this rare opportunity!

33725 Wildflower, Elizabeth

Courtesy of BTT Real Estate . team@bttrealestate.com,720-291-1111

$738,900

5 Beds ⋅ 3 Baths ⋅ 6553097 MLS

The beautiful two-story Monte Vista floor plan features five bedrooms, three bathrooms and an open-concept layout. The state-of-the-art kitchen flows effortlessly into the expansive family room, creating a perfect space for gatherings and daily activities. The formal dining room, enhanced by a butler's pantry, provides space for special occasions with seamless access to the kitchen for added convenience. The master suite boasts an oversized bedroom, two walk-in closets and a spa-like bathroom featuring separate vanities. The versatile upstairs loft adapts to your needs, serving as a home office, play area or reading nook, complete with a large storage closet for added convenience. The covered back patio extends the living space outdoors, providing a serene retreat for relaxation and entertainment, rain or shine. With ample space and thoughtful design, the Monte Vista is the perfect home for any family.

42962 Colonial Trl, Elizabeth

Courtesy of LGI Realty - Colorado, LLC . Kevinwolf1033@yahoo.com,720-822-6841

$1,239,000

4 Beds ⋅ 3 Baths ⋅ 3147543 MLS

Welcome to this stunning 4-bed, 3-bath acreage property on 10 acres, perfectly balancing peaceful country living with quick access to the city. Situated just a short drive from Parker and the Denver Tech Center (DTC), this home offers the ideal location for a smooth commute while enjoying your own spacious land. The main level features a seamless, open-concept layout highlighted by a striking three-sided fireplace that beautifully separates the great room and dining area. The kitchen is fully equipped for hosting with a gas cooktop and double ovens. Step outside to enjoy the large covered front deck or take in the views from the expansive back deck. The thoughtful layout offers excellent separation of space. Main floor features the primary suite alongside two additional bedrooms and two full baths. The finished walkout basement boasts a large family room, a fourth bedroom, and a 3/4 bath—perfect for guests or a home office. Complete with an attached 3-car garage.

37097 Still Rock Pt, Elizabeth

Courtesy of Colorado Home and Ranch . Kellieforal@gmail.com,303-646-5140

$1,299,000

5 Beds ⋅ 5 Baths ⋅ 6633073 MLS

RARE 8-ACRE RETREAT + 2,400 SQ FT SHOP + $20K BUYER INCENTIVE! Privacy, space and possibilities are waiting at 1516 Bluebird Trail. Tucked at the end of a quiet cul-de-sac on 8 heavily wooded acres, this 5,233 sq ft, 5-bedroom, 5-bath home offers the peaceful Colorado lifestyle that's getting harder to find—while still being just minutes from Elizabeth amenities, and an equal commute to Denver or Colorado Springs. The standout? An incredible 2,400 sq ft insulated steel shop with 19' ceilings, 5 custom garage doors, silent jackshaft openers, 220/240V power, EV charging, water and septic connection/rough-in, a textured polyaspartic floor coating, reinforced lift pads for automotive lift, and LED lighting. Ideal for RVs, collector cars, equipment, hobbies, a workshop or anyone simply wanting serious additional space. The property backs to approximately 260 acres of open agricultural land on a 100 year lease, creating exceptional privacy, beautiful views and an expansive feeling without having to maintain hundreds of acres yourself. Inside, you'll find over 5,200 sq ft of living space with room to gather, work, entertain and spread out. Outside, enjoy mature trees, wildlife, mountain views and the freedom of acreage living. Relax on the wrap around deck or in the 6-person hot tub, with mountain views, or a cozy family movie night in the theater room. NO HOA • HORSE-FRIENDLY • 8 ACRES • 2,400 SQ FT SHOP • 5,233 SQ FT HOME • CUL-DE-SAC • BACKS TO 260 ACRES Recent improvements include a Class 4 roof, newer windows, high-efficiency boiler and more. PLUS: Seller is offering a $20,000 buyer incentive that may be used toward allowable closing costs or an interest-rate buydown with an acceptable offer. This isn't just another large home. It's the combination buyers struggle to find: acreage + privacy + a substantial shop + a spacious home + convenient access to town. Come experience what makes this property unique.

1516 Bluebird Trl, Elizabeth

Courtesy of Worth Clark Realty . nicholebursonrealtor@gmail.com,303-981-5429

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