Listed By:
Mason & Morse Ranch Company;
Address
5525 E State Highway 86, Franktown, CO
Price
$ 3,999,000
Property Attributes
  • MLS#IR1010944
  • TypeFarm
  • Listing Status Pending
  • CountyDOUGLAS
  • CityFranktown
  • Zip80116
  • StyleRustic
  • Taxes$ 17117
  • Price$ 3,999,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3144
  • Lot Size151.29 Acres
Data Source:
REColorado (MTOMLS)
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.

Price History
5/31/2024 Listed $5,395,000
8/22/2024 10$4,900,000
4/3/2025 5$4,700,000
3/11/2026 15$3,999,000

General Features

Sewer Septic Tank
Heating Forced Air,Propane
Cooling Central Air
Utilities Cable Available,Electricity Available
Roof Composition,Metal
Appliances Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer
Zoning Various
Garage Spaces 3
Architectural Style Rustic
Construction Materials Metal Siding,Frame
Exclusions All farm and ranch equipment,tenant furnishings.,Water Rights Included
Levels Bi-Level
Property Subtype Farm
Tax Year 2023
Ownership Individual
Waterfront Features Pond
County Douglas
Property Type Farm
HOA No
Attached Garage Yes
Subdivision Name None
Possible Use Agricultural,Livestock,Residential
Status Pending
Directions Hwy 86 Please call listing Broker. By appointment only with Listing Broker. Gated Property.
High School Other
City Franktown
High School District Douglas RE-1
Lot Size Square Feet 6590192
Listing Terms 1031 Exchange,Cash,Conventional
Elementary School Other
Tax Annual Amount 17117
Middle/Junior High School Other
Concessions No
Virtual Tour https://gaston-photography.view.property/2248548
Standard Status Pending
Occupancy Type Tenant
Elementary School District Douglas RE-1

Interior Features

Interior Amenities Eat-in Kitchen,Open Floorplan,Walk-In Closet(s)
Basement Walk-Out Access
Basement (Y/N) Yes
Window Features Double Pane Windows
Laundry Features In Unit
Total Bedrooms 4
Total Baths 3

Exterior Features

Exterior Amenities Gas Grill
Vegetation Grassed,Wooded
Fencing Fenced
Lot Features Level,Meadow,Open Space,Rolling Slope
Water Source Well
Total Parking 3
Building Area Total 3144
Lot Size Acres 151.29
Road Surface Type Paved
Road Frontage Type Private Road,Public
Road Responsibility Public Maintained Road
Horse Y/N Yes
Horse Amenities Arena,Corral(s),Loafing Shed,Pasture,Tack Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 80116