Farm or Ranch for sale by owner in Elbert, CO 80106. Welcome to Diamond D Ranch. This is a once in a lifetime opportunity to own a beautiful 324 acre Flying ranch, just 25 miles east of Colorado Springs. Over $400,000 in improvements including, FAA approved airstrip, mile of underground utilities, roads, 3 wells, ponds and a 60 x 40 two story barn that has 5 stalls and skylights. The Diamond D Ranch offers year round access from a paved county highway. There are numerous home sites available tha... See site for full property details.