Welcome to a beautifully updated home in the peaceful Ponderosa Park community of Elizabeth, Colorado. Set on nearly 2 acres with no HOA and low Elbert County taxes, this property offers the perfect blend of functionality, and modern comfort-and it's ideal for horse lovers. Inside, you'll find fresh paint, plush carpet, upgraded baseboards, and new flooring on the lower level. The kitchen features a new stove, microwave, and new dishwasher and stylish pendant lighting. the open-concept layout flows to a deck off the kitchen-perfect for outdoor dining and entertaining. A cozy wood-burning stove adds warmth for cool Colorado evenings. The primary suite offers a walk-in closet and a renovated bath. Downstairs, the fully finished walk-out basement includes two additional bedrooms, a large flexible living area, new flooring, updated window treatments, recessed lighting, and a fully remodeled bathroom with modern tile, vanity, and shower. The walk-out patio space is landscaped and tranquil-perfect for quiet evenings or a future hot tub. What truly sets this property apart is the massive 60' x 34' outbuilding-a rare find in the area. Fully insulated, heated, and powered, it features concrete floors, 12- and 14-foot overhead doors for drive-through access, and a pre-dug root cellar ready for finishing. Whether you need space for a workshop, car collection, horse stalls, or all of the above, this versatile structure is a standout feature rarely seen in the neighborhood. Two additional loafing sheds offer storage or livestock options, making this a true equestrian-ready property. Major systems have been professionally updated, including a brand new furnace, 2024 roof, permitted electrical panel with whole-home surge protection, well control box, and a radon mitigation system. This move-in ready home delivers exceptional space, thoughtful upgrades, and rare functionality-offering a unique opportunity to enjoy refined country living with room for horses, hobbies, work and more.