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$3,999,000

5525 E State Highway 86, Franktown, CO 80116  (Sold on )

  • Price Reduced$701,000
  • Open House
  • New Listing
  • Coming Soon
  • 4 BedBeds
  • 3 BathBaths
  • 3,144 SqftSqft
  • TypeFarm & Ranch
  • Active
  • MLS# 1010944
0 More Schedule

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.

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Property Details

General

  • Subdivision: None
  • County: Douglas
  • List Date: 05/31/2024
  • Expected Active Date: 05/31/2024
  • DOM: 711
  • Style: Farmhouse
  • Lot SqFt: 6590192
  • Approx Acres: 151
  • Beds: 4
  • Baths: 3.00
  • Basement/Foundation: Partially Finished, Walk-Out Access
  • New construction: NO
  • Sq Ft (total): 3144
  • Garage/Parking Spaces: 3
  • Garage Description: Attached
  • MLS#: 1010944

Interior Features

  • Heating: Forced Air
  • Cooling: Central Air

Exterior Features

  • Construction: Frame, Metal Siding
  • Roof: Composition, Metal
  • Type: Mixed Use
  • Fences: Fenced, Security, Other, Wire, Vinyl
  • Road Access: Priv Rd up to County Standards, County Maintained, Highway
  • Waterfront: NO
  • Horse Property: Horse(s) Allowed, Barn, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage, Riding Trail

Schools

  • School District: Douglas County RE-1

Financial Considerations

  • Tax Year: 2023
  • Tax Amount: $17117

Utilities

  • Utilities: Electricity Available, Propane, Cable Available
  • Water/Sewer: Septic Tank
  • Water: Well
 
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