Active

5525 E State Highway 86

Franktown CO, 80116

$4,900,000


$1,558.52 per sqft

Active

4 Beds

3 Baths

3,144 sqft

Multi-family

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. 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. 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.

IR1010944

MLS ID

May 31, 2024

Listed

October 10, 2024

Updated

Map

5525 E State Highway 86
Franktown CO, 80116

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Interior Features

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


Appliances

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


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Propane

Exterior/Building Features

Lot Size

151.29 Acres


Exterior Features

Gas Grill


Lot Features

Level, Meadow, Open Space, Rolling Slope


Architectual Style

Rustic Contemporary


Roof

Composition, Metal


Sewer

Septic Tank

School Information

School District

Douglas RE-1


High School

Other


Elementary School

Other

Other Property Details

Taxes

$17,117


Tax Frequency

Annually


Garage

Yes


Garage Spaces

3


Parking Total

3


View

No


County

Douglas


Water Source

Well


Pool

No


Waterfront

Yes


Zoning

Various

Listing History

Date

Event

Price

8/22/2024

Price change

$4,900,000

-10%
Listed by Mason & Morse Ranch Company, Karen Mikkelson, Listing Contact: 8772079700 
 

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