As a solo dev I'd advise you to start small. I think a lot of soloists make the mistake of starting out with a magnum opus - that sort of thing can end up in scope creep and burnout. So I'm sand-boxing with a small one first; just a character walking around an Elven citadel and taking to different Elves, playing a game with one and inspecting different items in the citadel, like the pillars, fountain and secretly reading an Elf's personal diary (and making fun of the Elf for his diary later).
Even then it's taking me a lot of time to draw the individual assets. That's what I meant with the scope creep/burnout thing. I'm finding it very hard to finish because I just have so much to draw and do at times get bored of having to draw so much of one single character just to have portraits and walking and harp-playing animations. It does teach me to be patient and pace myself, though, which is a good thing!
In terms of assets, I do have free Elf assets for people to use!
I've not gotten any ratings or many downloads for it though, compared to my other sprites. I imagine it's because very few people within the anime community make VNs and games about Elves; we mostly tend to see Japanese school settings or modern-day settings in our games and VNs (my modern-day sprites get a lot more downloads). But perhaps that would change in the future. I have plans to release my entire sandbox sprite pack once the demo is complete, so people can make their own game with the same setting, with recolors that they can use to suit their game's atmosphere better.
Personally, I want to see different Races interact with each other - Men, Dwarves, Elves, Halflings - all living in harmony and sharing different experiences and stories with each other. I don't feel all games need to have conflict to be interesting.
A game about an Elven smith/craftman working alongside teams of Dwarves and other Elven craftsmen to make beautiful jewelry to sell would also be up my alley! In my mind Dwarves are good at mining precious stones/metals and forging, but Elves help to make gorgeous things that they also enjoy and barter with each other with. I would like to see a game where an Elf is best friends with a Dwarf and get along very well despite their differences.