Elizabeth Homes with Finished Basement

Welcome to Elizabeth, Colorado – a picturesque town that perfectly blends the charm of small-town living with the breathtaking beauty of the Rocky Mountains. Nestled in the heart of Douglas County, Elizabeth is known for its friendly community, stunning landscapes, and a slower pace of life that many find refreshing. With a rich history dating back to the late 1800s, this quaint town offers a unique mix of rustic character and modern amenities.

One of the standout features of homes in Elizabeth is the prevalence of properties with finished basements. These versatile spaces open up a world of possibilities, whether you envision a cozy family room, a home office, or a vibrant entertainment area. Imagine hosting gatherings with friends and family in a beautifully designed basement that seamlessly extends your living space. Finished basements not only enhance the functionality of your home but also provide an opportunity for added value and comfort.

The Elizabeth community is also known for its excellent schools, local parks, and a variety of recreational activities. From hiking and biking trails to charming shops and eateries, there's something for everyone. The nearby Cherry Creek State Park and the scenic beauty of the surrounding mountains make it an outdoor enthusiast's paradise.

If you’re looking for a home that offers both charm and practicality, Elizabeth's finished basement properties are a perfect choice. Embrace the opportunity to create your dream space in this idyllic Colorado town, where every day feels like a getaway. Come discover why Elizabeth is not just a place to live, but a place to thrive!

Newest Elizabeth Homes with Finished Basement

$915,000

5 Beds ⋅ 3 Baths ⋅ 6441549 MLS

Welcome to 4674 Ash Terrace — a fully updated ranch-style retreat nestled among mature evergreens on 2.5 private acres in Elizabeth, Colorado. From the moment you arrive, the serene setting and meticulous updates make it clear this home is truly move-in ready. No detail has been overlooked and no expense has been spared. The main level showcases soaring vaulted ceilings in the family room, anchored by a cozy fireplace and bathed in natural light. The brand new kitchen features all new cabinetry, countertops, and appliances. New engineered hardwood flooring flows throughout the entire main level, giving the home a fresh, polished feel. Five bedrooms and three fully updated bathrooms provide space for family and guests alike. The primary suite includes a gorgeous five-piece bath with soaking tub and all new finishes. One secondary bedroom enjoys its own vaulted ceiling, adding architectural charm. The fully finished basement expands your living space with two additional bedrooms, a full bathroom, a flexible bonus room, a wet bar with full-sized fridge and ice maker, and two large storage rooms — plus brand new carpet throughout. Step outside onto the deck and breathe in the Colorado air surrounded by towering evergreens and total privacy. This 2.5-acre lot delivers the peace and serenity you have been searching for. A new roof in 2024, 2-car attached garage, and fresh interior and exterior paint complete this exceptional offering. Colorado country living at its finest.

4674 Ash Terrace, Elizabeth

$717,500

5 Beds ⋅ 3 Baths ⋅ 1561195 MLS

Welcome to this absolute showstopper in the highly desirable Independence neighborhood of Elizabeth! Offering gorgeous curb appeal framed by professional landscaping and a welcoming front porch, this home provides a perfect blend of modern luxury and quiet, tranquil living. Step inside the bright front foyer to find a highly functional layout, featuring two spacious secondary bedrooms situated at the front of the home with a full hallway bathroom between them. Moving down the hall, the home expands into a spectacular, open-concept main living space where the living room, kitchen, and dining area flow seamlessly together. The gourmet kitchen is a chef's dream, boasting gleaming quartz countertops, stainless steel appliances, a large central island with breakfast bar seating, and an adjacent dining area. The inviting living room features a cozy fireplace and sliding glass doors that open directly to the upper deck. Tucked away for ultimate privacy, the luxurious primary bedroom suite is elevated by elegant tray ceilings, a massive walk-in closet, and a private 5-piece en-suite bathroom. A convenient main-floor laundry room and direct access to the attached 3-car garage complete the main level. The massive walk-out basement adds incredible living space, featuring a sprawling family room with sliding glass doors that open right to the lower covered patio. The lower level is finished out with two additional large bedrooms, a beautifully appointed 3/4 bathroom, and plenty of room to entertain. Outside, the fully fenced backyard features a pristine turf yard for year-round beauty and zero maintenance. Living in Independence means enjoying a spectacular master-planned community equipped with a wonderful clubhouse, a refreshing pool, a state-of-the-art fitness center, and miles of scenic trails and pocket parks just steps from your front door. Completely move-in ready and beautifully designed, this home is the peaceful retreat you’ve been searching for!

39220 Braxton Lane, Elizabeth

$529,000

4 Beds ⋅ 3 Baths ⋅ 8722518 MLS

Welcome home to this beautifully maintained ranch-style property in the heart of the Town of Elizabeth, Colorado, offering small-town charm, meadow/ valley views, and the space today's buyers are searching for. Situated on over half an acre with a fully fenced backyard, this 4-bedroom, 3-bath home combines modern updates with flexible living spaces ideal for families, remote work, multigenerational living, or anyone seeking room to grow.The inviting main level features updated flooring, abundant natural light, and a cozy wood-burning stove that creates the perfect gathering space while framing picturesque meadow views. The primary suite includes an attached bath, while the finished basement offers an incredible second primary retreat complete with a private 4-piece bathroom, making it ideal for guests, extended family, or owners desiring additional privacy.A spacious lower-level family room provides endless possibilities for entertaining, recreation, or a home theater, while the additional bonus room with a closet makes an excellent office, fitness room, or flex space. Major system upgrades include vinyl windows, a tankless water heater, and a not to old HVAC system for year-round comfort and efficiency.Located within walking distance to parks, schools, shopping, restaurants, and historic downtown Elizabeth, this property offers the rare combination of small acreage, convenience, and move-in-ready living. If you're searching for homes for sale in Elizabeth, Colorado with small land, updated systems, flexible living space, and true Colorado small-town appeal, 751 S. Pearl Street deserves a place at the top of your list.

751 S Pearl Street, Elizabeth

$850,000

5 Beds ⋅ 3 Baths ⋅ 3104214 MLS

Serenity awaits on this private, fully fenced 5+ acre treed property with a barn, pasture, and open space behind—just minutes from downtown Elizabeth. Enjoy the quiet evenings relaxing on your trex decking front porch with included fire pit or large back deck with extensive views. This updated ranch-style home offers an open floor plan and extensive improvements, including a new impact-resistant roof, metal barn roof, exterior paint (2025), boiler, water heater, electrical panel, and well pressure tank. The custom theater room in the basement features an electric fireplace, wine cooler and ice maker (not currently hooked up) and included TV/electronics. New hardwood floors on the main level, refinished bedroom floors, lush basement carpet and new paint. The cozy family room features a wood burning fire place and bay window with beautiful views. The spacious kitchen with an oversized quartz island, also includes a double oven, gas cooktop, refrigerator, brand new dishwasher and ample storage space. The well has been inspected and is in excellent condition, and the owned propane tank is included. Country privacy with convenient access to shopping, dining, and just yards from paved roads!

2355 Pinto Trail, Elizabeth

$779,000

5 Beds ⋅ 3 Baths ⋅ 1697443 MLS

Welcome home to this beautifully updated ranch-style home with towering Ponderosa Pines. This home combines modern updates with peaceful country living. The completely remodeled kitchen serves as the heart of the home, featuring stylish finishes and a functional layout for everyday living and entertaining. The main floor also features a huge primary suite and beautifully renovated ensuite bath, main floor laundry, bedroom or office and updated 3/4 bath. Be sure to check out the custom made Barndoors giving it the country charm! The full finished basement has a family room, three bedrooms and updated 3/4 bathroom. This home provides efficiency, updates and peace of mind to keep your utility costs down with two wood burning stove on each level, hot water heat, whole house fan, newer windows in basement, radon mitigation system, 2024 roof on home and garage, newer carpet, fresh interior and exterior paint just to name a few. While enjoying the Colorado's beautiful sunsets and open skies on the newer front and back decks the pups can have their own fenced "Dog Park", the kids can play in the cute finished playhouse and then their is the huge 3 car garage with large workshop! The nearly 3-acre property offers plenty of room for gardening, recreation or simply enjoying the privacy and wide-open space that Elbert County is known for. Conveniently located on the east side of town just minutes from downtown Elizabeth, you'll enjoy the perfect balance of rural tranquility and easy access to schools, shopping, dining, Casey Jones and Evans Park!

33802 Meadowlark Drive, Elizabeth

$685,000

4 Beds ⋅ 3 Baths ⋅ 2308608 MLS

JUST A LITTLE SLICE OF COUNTRY LIFE! This charming ranch-style home with a walkout basement is the perfect place to enjoy peaceful country living at its finest. Featuring 4 spacious bedrooms and 3 beautifully updated bathrooms there's plenty of room for family, friends and pets! The open-concept modern country kitchen and living room create a warm, inviting space that's perfect for everyday living and entertaining. Downstairs, you'll find a large family room complete with a cozy wood-burning stove. Nearly a cord of firewood is already stacked outside the patio doors, making it easy to enjoy those chilly Colorado evenings! Step outside onto the expansive deck and take in the views of your 4-acre property. The acreage is completly fenced with web wire and includes a smaller fenced area, ideal for smaller pets. Plus, you have the oversized 2 car garage and the separate gambrel storage barn to accommodate vehicles, toys, tools and critters. Enjoy the tranquility of country living, on a paved road, while remaining conveniently located just 20 minutes from Parker or Southlands....and only 45 minutes to DIA. DON'T MISS YOUR OPPORTUNITY TO MAKE THIS LITTLE SLICE OF COUNTRY YOUR OWN....CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING!

8245 Sun Country Drive, Elizabeth

$747,500

3 Beds ⋅ 3 Baths ⋅ 7066956 MLS

This is your dream property! Situated on 8.66 acres, this home is ready for kids, dogs, and your ideal hobby farm lifestyle. The property features a 3-stall barn plus a grooming stall, offering plenty of space for all your four-legged friends and future plans. The home is move-in ready with an updated kitchen, bathrooms, and flooring throughout. Enjoy the large front and back decks—perfect for entertaining or relaxing and taking in the peaceful surroundings. The basement provides a cozy space to snuggle up by the fire during the winter and enjoy a movie night. Location is everything, and this one delivers! Nestled in Ponderosa Park Estates, you’re just 10 minutes from Elizabeth and 20 minutes to Parker—hard to beat for both convenience and country living. Best of all, there is no HOA, giving you the freedom to truly make this property your own.

809 Buffalo Trail, Elizabeth

$885,000

5 Beds ⋅ 3 Baths ⋅ 9990455 MLS

Nestled in a serene Colorado countryside and surrounded by towering pines on nearly 3 beautifully wooded acres, this spacious and well constructed ranch with finished walkout basement offers the perfect blend of privacy, comfort, and Colorado charm. This inviting horse property features a flat usable lot offering a 2-stall barn and tack room. This property combines a peaceful country setting with access to Elizabeth's schools, dining, shopping and everyday conveniences. The generous 3,200+ square foot home features open living space, with 5 bedrooms and 3 bathrooms. The house has an eastern exposure, sunbathing all of the main living spaces with morning light. The main floor hosts a master suite, and 2 additional bedrooms with 1 full bath. The finished walk-out basement adds incredible everyday living with 2 large bedrooms, and a 3/4 bath. The lower level also offers large entertaining space, with a media room — perfect for movie nights, game days, or simply unwinding after a long day. An oversized 2-car garage offers additional storage and a built-in workbench for projects and weekend hobbyists. The property easily accommodates 6 vehicles plus RV parking; and is ideal for car enthusiasts, weekend adventurers, and anyone with a fleet of recreational vehicles. Surrounded by mature pines and set back for privacy, this beautiful retreat delivers the space and serenity of country living without sacrificing convenience. Whether you’re dreaming of horses, gardens, RV storage, or simply needing elbow room to breathe, this property has the scale and flexibility to make that happen.

34525 Forest Park Drive, Elizabeth

$759,000

4 Beds ⋅ 3 Baths ⋅ 7603229 MLS

Escape to the perfect blend of country living and modern comfort on this beautiful 2.5-acre property just outside the town of Elizabeth. This spacious home offers 4 bedrooms, 3 bathrooms, and approximately 2,850 finished square feet, including a fully finished walkout basement that provides plenty of room for entertaining, recreation, or multi-generational living. Enjoy year-round comfort with central air conditioning and ample parking and storage with both a 2-car attached garage and a separate 1-car detached garage. The property is thoughtfully designed for hobby farming, horses, or livestock, featuring fenced and cross-fenced pasture areas, a chicken coop, and no HOA restrictions. The acreage is enhanced by recently planted orchard trees, offering the opportunity to create your own backyard harvest. Whether you're looking for space to spread out, keep animals, or simply enjoy the peaceful Colorado countryside, this property delivers the flexibility and freedom you've been searching for—all while being just minutes from the amenities, shops, and restaurants of Elizabeth. Don't miss this rare opportunity to own a move-in-ready acreage property with room to live, grow, and enjoy the rural lifestyle.

6528 Bow Meadows Drive, Elizabeth

$1,280,000

5 Beds ⋅ 4 Baths ⋅ 3499530 MLS

Welcome to your Colorado dream property—where modern ranch living, breathtaking Front Range views, and the freedom of 10 acres come together in one exceptional offering. Situated on a spacious RA-zoned homesite in Elizabeth, the beautifully crafted main level offers 1,842 square feet of open-concept living space featuring 3 bedrooms, 3bathrooms, soaring vaulted ceilings, and expansive windows. The heart of the home is an inviting great room anchored by a fireplace with floating shelves, seamlessly connecting to the gourmet kitchen, oversized island, walk-in pantry, and dining area. The private primary suite serves as a peaceful retreat with a spacious walk-in closet and spa-inspired bath, while 2 additional bedrooms provide flexibility for work or bedroom spaces. Car enthusiasts, hobbyists, and outdoor adventurers will appreciate the oversized 1,044-square-foot garage featuring a dedicated RV bay with a 14-foot overhead door, offering ample space for vehicles, toys, equipment, or future workshop needs. The home includes a full basement designed for flexibility. A partially finished option provides a spacious family room while maintaining abundant unfinished storage and future expansion opportunities. For buyers seeking additional living space, a fully finished basement is available as an optional upgrade for additional cost, adding approximately 1,509 square feet and expanding the home to approximately 3,350 total square feet. The finished lower level includes a large rec room, wet bar, 2 additional bedrooms, a bathroom, gym/flex room, storage space, and endless possibilities for entertaining, multigenerational living, or hosting guests. This property offers the rare combination of privacy, panoramic views, and convenience. RA zoning provides flexibility for horses, outbuildings, shops, & recreational storage while maintaining easy access to Parker, Castle Rock, DTC, and Colorado Springs.

30064 Imperial Point, Elizabeth

$1,370,000

5 Beds ⋅ 4 Baths ⋅ 9917566 MLS

Experience the freedom of Colorado acreage living with this thoughtfully designed custom ranch home, perfectly situated on 10 pristine acres of RA-zoned land in Elizabeth. Surrounded by sweeping Front Range views, open skies, and endless possibilities, this property offers the rare opportunity to create the lifestyle you've always imagined—whether that includes horses, outbuildings, hobby farm, or simply room to breathe. The main level features 2,136 square feet of open-concept living space with 3 beds ,3 baths, and an oversized garage with a dedicated RV bay with a 14-foot overhead door. The heart of the home is an expansive great room flowing seamlessly into the chef-inspired kitchen, oversized island, walk-in pantry, and dining area. The private primary suite offers a spa-inspired bath, walk-in closet, and direct access to outdoor living spaces, while two additional bedrooms provide comfort and flexibility for bedrooms or offices. Outdoor living provides covered patios and a welcoming front porch designed to take full advantage of Colorado's spectacular sunsets, and peaceful rural setting. The home includes a full basement that can remain largely unfinished for future expansion or be completed as an optional upgrade for additional cost. The fully finished basement design adds approximately 1,761 square feet and transforms the lower level into an entertainer's dream, featuring a recreation room, wet bar, two bedrooms, a bathroom, gym/flex space, and abundant storage. With the finished basement option, the home expands to nearly 3,900 total square feet of living space. Located in the heart of Elizabeth's sought-after acreage community, this property combines the privacy and flexibility of rural living with convenient access to Parker, Castle Rock, Denver Tech Center, and Colorado Springs. Bring your horses, build the dream outbuilding you've always wanted, and enjoy the freedom that comes with RA zoning and 10 acres of Colorado countryside.

30194 Imperial Point, Elizabeth

$600,000

3 Beds ⋅ 2 Baths ⋅ 3191124 MLS

Welcome to your own slice of the countryside! Nestled on 2 beautiful acres filled with mature trees, this inviting 3-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and convenience. The kitchen features granite countertops updated cabinets and includes all appliances, making meal preparation a breeze. The dining room opens directly onto a 15' x 11' deck, creating the ideal space for morning coffee, family gatherings, or entertaining guests. The primary bedroom offers convenient access to the main bath, while wood floors run throughout the main level. Double-pane windows provide energy efficiency and abundant natural light. The lower level offers a spacious family room with a cozy fireplace, perfect for relaxing evenings, along with a large third bedroom that provides flexibility for guests, a home office, or additional living space. Washer and dryer are included for added convenience. Step outside and enjoy the fenced backyard, ideal for keeping children and pets close while still enjoying the freedom of country living. A 13' x 13' storage shed with electricity provides excellent space for hobbies, equipment, or workshop needs. Adding even more value, the home will be receiving a new roof, and the well pump was replaced in 2025. Located just minutes from the Town of Elizabeth, you'll enjoy the peacefulness of country living while remaining close to local schools, Casey Jones Park, restaurants, shopping, and everyday conveniences. This charming property offers the best of both worlds—room to roam with the convenience of town nearby. Don't miss this opportunity to own a beautifully maintained country home with modern updates, acreage, and an unbeatable location!

33879 Meadowlark Drive, Elizabeth

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