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Judy Johnson

judy.homes@comcast.net +1(720) 303-5790

$ 3,999,000

Est. payment -/mo

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Price Dropped by $701K

5525 E State Highway 86 Franktown, CO 80116

4 Beds

3 Baths

3,144 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 3,144 sqft

Price per Sqft $1,271

MLS Listing ID IR1010944

Style Rustic

Bedrooms 4

HOA Y/N No

Annual Tax Amount $17,117

Tax Year 2023

Lot Size 151.290 Acres

Acres 151.29

Property Sub-Type Farm

Source recolorado

Property Description

Castlewood Equestrian Center is a full-scale boarding and training facility located on a total of 151 acres just west of Franktown, Colorado. The property currently is permitted for 130 horses on site, and is full. Improvements include a large indoor stall barn with 44 heated stalls and an attached indoor riding arena. The remainder are covered outdoor open stalls with runs or loafing sheds with paddocks. Additional improvements include turnout pens, pastures, large shop and hay storage, and various round pens, sheds and tack rooms. The facility is professionally managed, modern and clean, with a constant waiting list. The amenities include riding indoors as well as on the property. Additionally, the property adjoins and has access to the Cherry Creek Trail system and Mesa Buttes open space offering unlimited trail riding. The tastefully remodeled home on site rounds out the property. While the property is a successful equestrian boarding operation, the location and land base would readily allow use as a private equestrian operation or possible other uses, subject tozoning revision. An ancillary property of 36 acres is also available for buyers to acquire if the facility is purchased, but is not a part of this listing. Potential buyers must provide verifiable proof of financial ability prior to scheduling a showing. 48 hours notice required. Listing Brokers will be present at all showings.

Location

State CO

County Douglas

Zoning Various

Rooms

Basement Walk-Out Access

Interior

Interior Features Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)

Heating Forced Air, Propane

Cooling Central Air

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Gas Grill

Garage Spaces 3.0

Fence Fenced

Utilities Available Cable Available, Electricity Available

Waterfront Description Pond

Roof Type Composition,Metal

Total Parking Spaces 3

Garage Yes

Building

Lot Description Level, Meadow, Open Space, Rolling Slope

Sewer Septic Tank

Water Well

Level or Stories Bi-Level

Structure Type Metal Siding,Frame

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Douglas Re-1

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://gaston-photography.view.property/2248548

Listed by Mason & Morse Ranch Company

Judy Johnson

Agent

+1(720) 303-5790

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Judy Johnson

5525 E State Highway 86 Franktown, CO 80116

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5525 E State Highway 86