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For sale
  • Price cut: $200K (4/3)
    $4,700,000

    5525 E State Highway 86, Franktown, CO 80116

    4beds
    3baths
    3,144sqft
    : 
    Farm
    Built in ----
    151.29 Acres Lot
    $-- Zestimate®
    $1,495/sqft
    $-- HOA

    What's special

    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.
    363 days
    on Zillow
    |
    390
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 11:15am

    Listed by:

    Karen Mikkelson 877-207-9700,

    Mason & Morse Ranch Company

    Source: IRES,MLS#: 1010944MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5525 E State Highway 86.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
    • Laundry: Washer/Dryer Hookups
    Features
    • Eat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s), Open Floor Plan, Walk-in Closet
    • Windows: Double Pane Windows
    • Basement: Walk-Out Access
    Interior area
    • Total structure area: 3,144
    • Total interior livable area: 3,144 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    • Details: Garage Type: Attached
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Exterior features: Gas Grill
    • Fencing: Fenced,Security,Other,Wire,Vinyl
    • Waterfront features: Abuts Pond/Lake
    Lot
    • Size: 151.29 Acres
    • Features: Pasture, Dry, Water Rights Included, Cows Allowed, Horses Allowed, Level, Rolling Slope, Abuts Public Open Space, Meadow
    Details
    • Additional structures: Corral(s), Barn(s), Shed(s), Livestock Shed, Workshop
    • Parcel number: R0372434
    • Zoning: Various
    • Special conditions: Private Owner
    • Horses can be raised: Yes
    • Horse amenities: Barn with 3+ Stalls, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage, Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farm House
    • Property subtype: Farm
    Materials
    • Wood/Frame, Metal Siding
    • Roof: Composition,Metal
    Condition
    • Not New, Previously Owned
    • New construction: No

    Utilities & green energy

    • Electric: Electric, Xcel
    • Sewer: Septic
    • Water: Well, Well Permit 042642-F
    • Utilities for property: Electricity Available, Propane, Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Franktown

    Financial & listing details

    • Price per square foot: $1,495/sqft
    • Tax assessed value: $1,198,487
    • Annual tax amount: $17,117
    • Date on market: 5/31/2024
    • Listing terms: Cash,Conventional,1031 Exchange
    • Exclusions: All Farm And Ranch Equipment, Tenant Furnishings.
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt
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