$1,690,000
SOLD APR 15, 2025

4340 S Russellville Rd Franktown, CO 80116

4 Beds
3.5 Baths
3,450 Sq Ft
51.8 Acres

Recently Sold

$490 Per Sq Ft

6% Below List Price

617 Days on Market

Highlights

  • Steam Room
  • Home fronts a pond
  • Pasture Views
  • Horses Allowed On Property
  • 51.8 Acre Lot
  • Green Roof

About This Home

As of April 2025

Embrace Colorado ranch living on 51.8 pristine acres! This exceptional equestrian property blends a custom-built 4-bed, 4-bath home, all framed by panoramic Rocky Mountain and Pikes Peak views. Premier location.

Home has 5,300 liveable space, 3500 sq ft finished space & a 3-car attached finished garage. 2.25% assum. loan

Several fenced pastures & paddocks cater to horses and your livestock. The property is fully fenced, ensuring security & peace of mind. Hay crop. Ranch has been organically managed. Seasonal creek enhances the natural beauty. Wildlife abounds. Two Morton barns provide essential infrastructure: a 45'x36' barn with concrete floor, water, electricity and cabinets and a 40'x60' horse/livestock barn. Koi pond & 30ft waterfall. Professionally landscaped.

Custom home boasting hickory hardwood floors, custom cabinetry throughout, slab granite & plantation shutters. Cathedral ceilings grace the entry and living room. A wrap-around Trex porch & deck offer stunning views. Enjoy unobstructed panoramic views in the living room & kitchen areas. Kitchen features a fireplace, granite island & counters, newer appliances, pro-cooktop, warming drawer, trash compactor and double ovens.

Main floor master suite includes a fireplace, a luxurious bath with heated floors, a walk-in shower, sauna & jacuzzi. An office/study provides a dedicated workspace.

Upper level offers three bedrooms & two bathrooms. The unfinished spacious 2000 sq ft walkout basement awaits your design.

New Class 4 roof, 2 septic systems and underground 1000-gallon propane tank complete this exceptional offering. Well water & mineral rights.

It’s more than just a beautiful home; it’s a working ranch, a place where you can live your dream of a rural lifestyle. A perfect Colorado sanctuary retreat for you & your animals. Call for your showing.

Last Agent to Sell the Property

Thomas Matheson

HomeSmart Realty Brokerage Email: TJMATHESON@GMAIL.COM,805-895-7853 License #100074698 Listed on: 06/22/2023

HomeSmart Realty

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 51.8 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts an easement
  • Dirt Road
  • Creek or Stream
  • South Facing Home
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Suitable For Grazing
  • Secluded Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Many Trees
  • Garden
  • Grass Covered Lot
  • Property is zoned AG35

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Property Views

  • Pasture
  • Mountain
  • Meadow

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Home Theater Equipment
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Living Room with Fireplace
  • Home Office
  • Steam Room
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Down Draft Cooktop
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Fireplace in Bedroom

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • Franktown Elementary School
  • Sagewood Middle School
  • Douglas County High School

Farming

  • Livestock Fence
  • Hay
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Round Pen

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • 220 Volts
  • 110 Volts
  • Propane
  • Private Water Source
  • Well
  • High-Efficiency Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Meters And Bounds Subdivision

Listing and Financial Details

  • Exclusions: Negotiable Farm equipment & horse equipment.
  • Assessor Parcel Number 2603-05-0-00-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,100

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Traditional
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 3450
  • Below Grade Sq Ft: 1850
  • Current Use: Agricultural, Livestock
  • Exclusions: Negotiable Farm equipment & horse equipment.
  • Living Area: 3450
  • Property Condition: Updated/Remodeled
  • Directions: FROM THE NORTH TAKE 83 SOUTH FROM PARKER, PASS HIGHWAY 86 AND GO 1 MILE TO RUSSELLVILLE ROAD TURN LEFT AND GO APPROX. 6 MILES. PROPERTY ON LEFT WITH GENESIS FARMS ON THE GATE. FFROM THE SOUTH, TAKE 83 TO RUSSELLVILLE ROAD AND GO APPROX. 3 MILES PAST HEIDEMAN ROAD PROPERTY ON THE RIGHT --GENESIS FARMS IS ON THE RIGHT.
  • SubdivisionName: METERS AND BOUNDS
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-06-22
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.92603
  • Attribution Contact: TJMATHESON@GMAIL.COM,805-895-7853
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Dryer
  • Interior Amenities: Audio/Video Controls, Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum
  • Flooring: Carpet, Wood
  • Fireplace Features: Bedroom, Kitchen, Living Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Daylight, Sump Pump, Unfinished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Other Equipment: Home Theater, Satellite Dish
  • Spa Features: Steam Room
  • Window Features: Bay Window(s), Double Pane Windows, Window Coverings, Window Treatments

Exterior Features

  • Direction Faces: South
  • Foundation Details: Concrete Perimeter, Raised, Slab
  • Roof: Shingle, Composition
  • Construction Materials: Cement Siding
  • View: Meadow, Mountain(s), Plains
  • Exterior Features: Balcony, Dog Run, Garden, Gas Grill, Gas Valve, Lighting, Water Feature
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Wrap Around
  • Road Frontage Type: Easement, Public
  • Road Surface Type: Dirt, Gravel
  • Waterfront Features: Pond, Stream

Garage/Parking

  • Parking Features: Circular Driveway, Concrete, Unpaved, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Phone Available, Propane
  • Sewer: Septic Tank
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air
  • Water Source: Private, Well
  • Electric: 110V, 220 Volts
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: 2603-05-0-00-0001
  • Lot Size Acres: 51.8
  • Fencing: Fenced Pasture, Full
  • Building Area Total: 5300
  • Horse Amenities: Corral(s), Paddocks, Pasture, Round Pen, Water - Stream/Spring, Well Allows For
  • Lot Features: Landscaped, Level, Many Trees, Secluded, Sprinklers In Front, Sprinklers In Rear, Suitable For Grazing
  • Lot Size Sq Ft: 2256408

Green Features

  • Green Energy Efficient: Appliances, Construction, Doors, Exposure/Shade, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7100

MLS Schools

  • Elementary School: Franktown
  • High School: Douglas County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Apr 15, 2025
Sold by
Matheson Thomas J and Matheson Kathleen M
Bought by
Lopez Kyle Brenten Hall and Lewis Kristine Joy
Seller's Agent
Thomas Matheson
HomeSmart Realty
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$1,795,000
Sold Price
$1,690,000
Premium/Discount to List
-$105,000
-5.85%
Views
358
Current Estimated Value
$1,724,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,797
Avg. Annual Appreciation
7.28%
Original Mortgage
$1,267,500
Outstanding Balance
$1,267,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$457,297

Purchase Details

Closed on
Nov 14, 2017
Sold by
Matheson Thomas J and Matheson Kathleen M
Bought by
Matheson Thomas J and Matheson Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,654
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2014
Sold by
Hendrickson Eric L and Hendrickson Tara L
Bought by
Matheson Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2005
Sold by
Miller Raybourne L and Miller Virginia R
Bought by
Hendrickson Eric L and Hendrickson Tara L

Purchase Details

Closed on
Dec 10, 2001
Sold by
Commercial Electric Company Inc
Bought by
Miller Raybourne L and Miller Virginia R

Purchase Details

Closed on
Jan 17, 1997
Sold by
Ronald Konkel Clarence and Mae Ada Mae
Bought by
Commercial Electric Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Interest Rate
7.57%
Source: Public Records

Similar Homes in Franktown, CO

  • 11274 E Manitou Rd, Franktown, CO 80116

    $1,850,000

    • 4 Beds
    • 4.5 Baths
    • 6,538 Sq Ft
    • 11274 E Manitou Rd
    • Franktown, CO

    It is the finer details of a house that truly elevate it from being a home, to being a trophy estate. 11274 Manitou Road has everything it takes to be the trophy home in your portfolio. Prepare to fall in love with the timeless elegance of this Tuscan-style estate; a custom-designed retreat nestled in the forest of the prestigious Russellville enclave of Franktown. Surrounded by forested

    Shaun Long LPT Realty

    Section Image
  • 6597 S State Highway 83, Franktown, CO 80116

    $1,899,000

    • 4 Beds
    • 2 Baths
    • 3,561 Sq Ft
    • 6597 S State Highway 83
    • Franktown, CO

    Welcome home to this rare horse/cattle property! Views! *Location! Nestled on an expansive 103.93-acre property, this stunning farmhouse estate offers a serene country lifestyle with modern conveniences and livestock ready amenities. A beautiful farmhouse home serves as the primary residence, while a spacious 3 bed 2 bath manufactured home with an attached 2 car garage provides a perfect second

    Kelly Bane KB Ranch and Home

    Section Image
  • 6597 S Highway 83, Franktown, CO 80116

    $1,899,000

    • 4 Beds
    • 2 Baths
    • 3,561 Sq Ft
    • 6597 S Highway 83
    • Franktown, CO

    Welcome home to this horse lovers dream! Escape to your rare horse/cattle property! Views! Nestled on an expansive 103.93-acre property, this stunning farmhouse estate offers a serene country lifestyle with modern conveniences and livestock ready amenities. A beautiful farmhouse home serves as the primary residence, while a spacious 3 bed 2 bath manufactured home with an attached 2 car garage

    Kelly Bane KB Ranch and Home

    Section Image
  • 1559 Apex Rd, Franktown, CO 80116

    $1,900,000

    • 4 Beds
    • 4 Baths
    • 5,070 Sq Ft
    • 1559 Apex Rd
    • Franktown, CO

    Outshine Fox Hill’s finest with this contemporary pastoral and woodland retreat featuring a 4-bed, 4-bath, 5070-sq-ft retreat in Franktown’s historic Russellville hamlet, boasting 6.34 acres and minimal (voluntary) HOA fee (vs. Fox Hill’s high HOA fees and limited acreage). Nestled among Ponderosa pines and meadows, just minutes from Castle Rock and Parker, this masterpiece blends rustic

    Kimberlee Prechodko HomeSmart

    Section Image
  • 1820 S State Highway 83, Franktown, CO 80116

    $1,900,000

    • 5 Beds
    • 5 Baths
    • 7,937 Sq Ft
    • 1820 S State Highway 83
    • Franktown, CO

    Welcome to a rare and serene country retreat nestled on over 40 acres in the heart of Franktown. This property features 2 homes: The Main home- 5,892 sq ft with 5 bedrooms & 5 baths and the Guest house- 2,045 sq ft with 2 bedrooms, 1 bath. Great for a monthly rental! With expansive views of the Colorado Front Range, wide-open skies, & unparalleled privacy, this estate offers the perfect blend of

    Steven Norris eXp Realty, LLC

    Section Image
  • 347 S White Tail Dr, Franktown, CO 80116

    $1,599,000

    • 4 Beds
    • 3 Baths
    • 3,908 Sq Ft
    • 347 S White Tail Dr
    • Franktown, CO

    Modern farmhouse retreat on 6 beautifully treed acres! This stunning 4-bedroom, 3-bath home blends luxury and comfort with a thoughtfully designed open-concept floor plan and soaring vaulted ceilings. The main-level primary suite features a spa-like bath with a hot water-regulating soaker tub, steam shower, and built-in closet system. Two additional bedrooms upstairs, each with custom closet

    Elizabeth Craft Coldwell Banker Realty 44

    Section Image
  • 8788 E Tanglewood Rd, Franktown, CO 80116

    $1,495,000

    • 5 Beds
    • 4 Baths
    • 4,482 Sq Ft
    • 8788 E Tanglewood Rd
    • Franktown, CO

    Nestled on 10 tranquil acres of pine forest in Franktown, Colorado, this beautifully updated home blends modern comfort with rustic charm, offering the serenity of rural living with urban amenities just minutes away. A private paved driveway leads to a peaceful retreat, featuring a soothing water feature reminiscent of a mountain stream, ideal for quiet relaxation. The main living area boasts a

    Jennifer Mussato Keller Williams DTC

    Section Image
  • 11790 Huckleberry Dr, Franktown, CO 80116

    $1,795,000

    • 3 Beds
    • 3.5 Baths
    • 4,090 Sq Ft
    • 11790 Huckleberry Dr
    • Franktown, CO

    Welcome to your Exclusive Retreat: Nestled in the picturesque rolling hills south of Parker boasting tremendous views of the Colorado Front Range, this bespoke masterpiece awaits discerning buyers seeking unparalleled luxury. From sunrise to sunset, this property offers a lifestyle of seclusion, sophistication and serenity.This exquisite Custom Built home is a rare gem atop a 2.08 Acre

    Linda Griffith RE/MAX Alliance

    Section Image
  • 2231 Meadow Green Cir, Franktown, CO 80116

    $1,699,900

    • 5 Beds
    • 3.5 Baths
    • 4,040 Sq Ft
    • 2231 Meadow Green Cir
    • Franktown, CO

    Everything about this amazing home is NEW NEW NEW! Complete remodel to the studs. New custom wet bar and customwalk-in pantry most recent additions! This home is Colorado living at its FINEST! Sprawling Ranch style home with wide-open walk-out basement with new carpeted bedrooms and all new custom bathrooms. A true SHOWSTOPPER! Looking for aGREAT one-of-a-kind and 100% updated home on

    Kathy Haas Colorado Realty 4 Less, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,690,000 Land Title
Interfamily Deed Transfer -- None Available
Warranty Deed $675,000 Fidelity National Title Ins
Warranty Deed $272,500 Fahtco
Warranty Deed $188,500 --
Warranty Deed $72,800 --
Warranty Deed $155,010 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,267,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $519,886 VA
Previous Owner $512,952 VA
Previous Owner $524,654 VA
Previous Owner $546,750 VA
Previous Owner $195,000 Credit Line Revolving
Previous Owner $505,000 New Conventional
Previous Owner $560,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $622,000 Unknown
Previous Owner $609,000 Unknown
Previous Owner $100,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $1,690,000 -3.2% $490 / Sq Ft
11/23/2024 11/23/24 Price Changed $1,745,000 -1.7% $506 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,775,000 -1.1% $514 / Sq Ft
08/17/2024 08/17/24 For Sale $1,795,000 +6.2% $520 / Sq Ft
06/22/2024 06/22/24 Off Market $1,690,000 -- --
05/01/2024 05/01/24 For Sale $1,795,000 +6.2% $520 / Sq Ft
04/30/2024 04/30/24 Off Market $1,690,000 -- --
02/28/2024 02/28/24 For Sale $1,795,000 +6.2% $520 / Sq Ft
02/26/2024 02/26/24 Off Market $1,690,000 -- --
02/26/2024 02/26/24 For Sale $1,795,000 +6.2% $520 / Sq Ft
01/22/2024 01/22/24 Off Market $1,690,000 -- --
09/11/2023 09/11/23 For Sale $1,795,000 +6.2% $520 / Sq Ft
09/02/2023 09/02/23 Off Market $1,690,000 -- --
08/15/2023 08/15/23 Price Changed $1,795,000 -1.6% $520 / Sq Ft
06/22/2023 06/22/23 For Sale $1,825,000 -- $529 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,474 $113,620 $51,030 $62,590
2023 $9,580 $113,620 $51,030 $62,590
2022 $6,818 $81,440 $27,350 $54,090
2021 $7,066 $81,440 $27,350 $54,090
2020 $6,118 $72,150 $18,180 $53,970
2019 $6,147 $72,150 $18,180 $53,970
2018 $5,431 $62,620 $15,630 $46,990
2017 $5,056 $62,620 $15,630 $46,990
2016 $4,868 $59,120 $2,750 $56,370
2015 $4,979 $59,120 $2,750 $56,370
2014 $5,219 $58,870 $2,220 $56,650
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REcolorado®

MLS Number: 2537068

REcolorado®

APN: 2603-050-00-001