5525 E State Highway 86 Franktown, CO 80116
Estimated payment $26,246/month
Highlights
- Barn or Stable
- Gated Community
- Open Floorplan
- Horses Allowed On Property
- 151.29 Acre Lot
- River Nearby
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $17,117
Lot Details
- 151.29 Acre Lot
- Property fronts a highway
- Open Space
- Security Fence
- Vinyl Fence
- Wire Fence
- Level Lot
- Meadow
- Property is zoned Various
Parking
- 3 Car Attached Garage
Home Design
- Farmhouse Style Home
- Ranch Property
- Farm
- Wood Frame Construction
- Composition Roof
- Metal Roof
- Metal Siding
Interior Spaces
- 3,144 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Double Pane Windows
- Dining Room
- Walk-Out Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- River Nearby
- Separate Outdoor Workshop
- Outdoor Gas Grill
Farming
- Barn or Stable
- Loafing Shed
- Machine Shed
- Pasture
- Cattle
- Livestock
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
- Tack Room
- Hay Storage
- Arena
- Riding Trail
Utilities
- Forced Air Heating and Cooling System
- Propane
- Water Rights
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- Gated Community
Listing and Financial Details
- Assessor Parcel Number R0372434
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,232 | $203,630 | $123,970 | $79,660 |
| 2023 | $17,424 | $203,630 | $123,970 | $79,660 |
| 2022 | $15,088 | $180,220 | $113,740 | $66,480 |
| 2021 | $34,448 | $180,220 | $113,740 | $66,480 |
| 2020 | $8,705 | $102,660 | $37,090 | $65,570 |
| 2019 | $8,746 | $102,660 | $37,090 | $65,570 |
| 2018 | $8,352 | $96,300 | $37,050 | $59,250 |
| 2017 | $7,776 | $96,300 | $37,050 | $59,250 |
| 2016 | $7,765 | $94,290 | $36,990 | $57,300 |
| 2015 | $3,970 | $94,290 | $36,990 | $57,300 |
| 2014 | $3,814 | $84,650 | $36,930 | $47,720 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Price Changed | $4,700,000 | -4.1% | $1,495 / Sq Ft |
| 08/22/2024 08/22/24 | Price Changed | $4,900,000 | -9.2% | $1,559 / Sq Ft |
| 05/31/2024 05/31/24 | For Sale | $5,395,000 | -- | $1,716 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,300,000 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $102,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,123,246 | Credit Line Revolving | |
| Closed | $1,123,246 | Credit Line Revolving | |
| Closed | $1,495,000 | Purchase Money Mortgage | |
| Previous Owner | $203,150 | No Value Available |
Source: IRES MLS
MLS Number: 1010944
APN: 2349-330-00-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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