5525 E State Highway 86 Franktown, CO 80116

4 Bedroom
3 Bath
3,144 SqFt


$3,999,000
$1,272 /SqFt
For Sale
IRES MLS# 1010944

Farm and Ranch on 151.29 Acres

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.


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General Features

Dwelling Has Residential Dwelling
Type Farm House
Style Bi-Level
Baths 3
Acreage 151.29 Acres
Zoning Various
Total 3,144 SqFt ($1,272/SF)
Basement 90%+ Finished Basement, Walk-out Basement
Garage 3 Space(s)
Garage Type Attached
New Construction No
Construction Wood/Frame, Metal Siding
Cooling Central Air
Heating Forced Air
Roof Composition Roof,Metal Roof
Outbuildings Corrals,Barn,Machine Shed,Livestock Shed
All room dimensions, including square footage data, are approximate and must be verified by the buyer.

Taxes & Fees

Taxes $17,117
Tax Year 2023
Metro District No

Lot Features

Evergreen Trees, Deciduous Trees, Native Grass, Level Lot, Rolling Lot, Abuts Pond/Lake, Abuts Public Open Space, Meadow

Design Features

Eat-in Kitchen, Separate Dining Room, Open Floor Plan, Workshop, Walk-in Closet, Washer/Dryer Hookups

Inclusions

Gas Range/Oven, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer, Microwave, Gas Bar-B-Q, Disposal

Neighborhood

Common Amenities

Gated Community

Driving Directions

Hwy 86 Please call listing Broker. By appointment only with Listing Broker. Gated Property.

Farm and Ranch

Rights Water Rights Included
Large Animals Cows, Horses Allowed
Horse Property Horse(s) Allowed,Barn with 3+ Stalls,Corral(s),Pasture,Arena,Tack Room,Loafing Shed,Hay Storage Building,Access to Riding Trails
Fences Enclosed Fenced Area,Security Fence,Other Fence,Wire Fence,Vinyl/Composite Fence

Land Information

Usage Single Family, Farm/Ranch, Business
Land Type Pasture, Dry
Irrigation Water Rights No
Irrigation Ditches No
Mineral Rights Water Rights Included
Horses Allowed Horse(s) Allowed,Barn with 3+ Stalls,Corral(s),Pasture,Arena,Tack Room,Loafing Shed,Hay Storage Building,Access to Riding Trails
Fences Enclosed Fenced Area,Security Fence,Other Fence,Wire Fence,Vinyl/Composite Fence
Possible Usage Single Family, Farm/Ranch, Business
Utilities Electric, Propane, Cable TV Available
Water/Sewer Well, Septic
Lot Improvements Street Paved

Schools

School District Douglas County RE-1

Listing Agent

Karen Mikkelson

Karen Mikkelson

(303) 718-9774

Visit Website

http://www.Ranchland.com


Listing Office

Mason & Morse Ranch Company

(877) 207-9700

IRES MLS
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