NOT LISTED FOR SALE

8780 Steeplechase Dr Franktown, CO 80116

Estimated Value: $2,199,000 - $2,267,000

5 Beds
6 Baths
5,510 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $2,200,000 $399 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,916/month

110 Days on Market

Highlights

  • Arena
  • Gated Community
  • Open Floorplan
  • Primary Bedroom Suite
  • 40.7 Acre Lot
  • Mountain View

About This Home

As of November 2024

Endless Rocky Mountain views await you at this luxury 40 acre property built for the equestrian in the Meadows at Castlewood. With 5 bedrooms plus an office, and just over 5,500 finished square feet, there is plenty of room for family and guests.
Looking southwest from the expansive Trex deck you’ll see the pines of Castlewood Canyon State Park, which borders the property, and Pikes Peak off in the distance. Mt Blue Sky and Longs Peak are also visible in this unique view of the entire front range.
The chef’s kitchen is complete with soapstone counter tops, stainless steel appliances, and bar stool seating behind the gas cook top. The new double ovens are ideal for family gatherings and holiday meals. A formal dining area with views of the courtyard waterfall is the perfect place for your meal. Newer solid wood floors extend from the living room through the main floor master suite. Vaulted ceilings and the gas fireplace complement the world class views from the living room and wrap around deck. The calming main floor primary suite includes a large walk-in closet and a spa like 5-piece en suite bathroom. The walkout finished basement includes 2 additional bedrooms, Jack and Jill full bathroom, a large office, main room entertainment area, and a stamped concrete patio that is hot tub ready.
Perhaps the main attraction on the property, the 7 stall drive through horse barn with heated and insulated tack room backs to the outdoor riding arena on the south, with a mixture of crusher fines and rubber under foot. This best-in-class barn includes 2 heated foaling stalls, stall mats over a limestone base, paddocks, heated Nelson Horse Waterers, stall gates to prevent cribbing, horse washing stall, and hay storage area. The side garage on the barn is perfect for tractors, trucks, ATVs, campers and more.

Just 20 minutes outside of Castle Rock with all amenities and 15 minutes from The Colorado Horse Park. This is the Colorado property you’ve been waiting for.

Last Agent to Sell the Property

Austin Hurt

Gold Compass Real Estate, LLC Brokerage Email: sales@coloradohomeblog.com,720-877-1370 License #100093035 Listed on: 08/01/2024

Gold Compass Real Estate, LLC

Last Buyer's Agent

Lisa Johnston

Compass - Denver License #100042350

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,071

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 40.7 Acre Lot
  • Property fronts an easement
  • West Facing Home
  • Dog Run
  • Landscaped
  • Suitable For Grazing
  • Secluded Lot
  • Private Yard
  • Property is zoned A1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Insulated Garage

Property Views

  • Mountain
  • Meadow

Home Design

  • Mountain Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Attic Fan

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 2 Bedrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Rain Gutters

Schools

  • Franktown Elementary School
  • Sagewood Middle School
  • Ponderosa High School

Farming

  • Livestock Fence
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Tack Room
  • Arena

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Exclusions: Seller's personal property including but not limited to the pool table and accessories, billfish on the basement wall
  • Property held in a trust
  • Assessor Parcel Number R0414283

Community Details

Overview

  • Association fees include insurance, road maintenance, snow removal
  • Meadows At Castlewood Property Owners Association
  • Meadows At Castlewood Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,071

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 3397
  • Current Use: Livestock
  • Exclusions: Seller's personal property including but not limited to the pool table and accessories, billfish on the basement wall
  • Living Area: 5510
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: From Franktown, follow CO-83 South for 4.1 miles. Take a left on Steeplechase Dr. Use gate code provided by listing agent. Look for driveway on the right. Home isn't visible from Steeplechase Dr.
  • SubdivisionName: Meadows at Castlewood
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 485.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.88035
  • Attribution Contact: sales@coloradohomeblog.com,720-877-1370
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Sump Pump, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Primary Suite, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2113
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Frame, Stucco
  • View: Meadow, Mountain(s)
  • Exterior Features: Dog Run, Lighting, Private Yard, Rain Gutters, Water Feature
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Wrap Around
  • Road Frontage Type: Easement
  • Road Surface Type: Gravel, Paved

Garage/Parking

  • Parking Features: Concrete, Insulated Garage, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 6
  • Total Parking Spaces: 6
  • REC_ParkingCount: 2

Utilities

  • Utilities: Electricity Connected, Propane
  • Sewer: Septic Tank
  • Cooling: Attic Fan
  • Heating: Forced Air
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Road Maintenance, Snow Removal
  • Association Name: Meadows at Castlewood Property Owners Association
  • Association Fee Frequency: Semi-Annually
  • Association Amenities: Gated
  • Association Fee: 1500
  • Phone: 1111111
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3000.00
  • REC_AssociationFeeTotalAnnual: 3000.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.macpoa.org
  • REC_AssociationTransferAmount: $250

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0414283
  • Lot Size Acres: 40.7
  • Fencing: Fenced Pasture
  • Building Area Total: 5995
  • Horse Amenities: Arena, Corral(s), Paddocks, Pasture, Tack Room, Well Allows For
  • Lot Features: Borders Public Land, Landscaped, Secluded, Suitable For Grazing
  • Lot Size Sq Ft: 1772892
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10071

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 26, 2024
Sold by
Julianne C Ross Living Trust & Kim D Ros and Ross Kim
Bought by
Brewer Rustin and Brewer Stephanie
Seller's Agent
Austin Hurt
Gold Compass Real Estate, LLC
Buyer's Agent
Lisa Johnston
Compass - Denver
List Price
$2,499,000
Sold Price
$2,200,000
Premium/Discount to List
-$299,000
-11.96%
Views
121
Current Estimated Value
$2,241,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,402
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Ross Kim D and Ross Julianne C
Bought by
Julianne C Ross Living Trust

Purchase Details

Closed on
Mar 9, 2006
Sold by
Decker Bruce Douglas and Decker Kimberly J
Bought by
Shride Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 5, 2003
Sold by
Decker Bruce Douglas
Bought by
Decker Bruce Douglas and Decker Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2000
Sold by
Neff David J and Neff Carol V
Bought by
Decker Bruce Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
9.15%

Purchase Details

Closed on
Nov 27, 1998
Sold by
Bluegreen Corporation Of The Rockies
Bought by
Neff David J and Neff Carol V
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brewer Rustin $2,200,000 Fntc
Brewer Rustin $2,200,000 Fntc
Julianne C Ross Living Trust -- None Available
Shride Allison $1,150,000 None Available
Decker Bruce Douglas -- Land Title Guarantee Company
Decker Bruce Douglas -- Land Title
Decker Bruce Douglas $232,500 --
Neff David J $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Julianne C Ross Living Trust $400,000
Previous Owner Ross Julianne C $467,500
Previous Owner Ross Kim D $818,000
Previous Owner Ross Kim D $830,000
Previous Owner Ross Kim D $55,000
Previous Owner Shride Allison $862,500
Previous Owner Decker Bruce Douglas $500,000
Previous Owner Decker Bruce Douglas $230,000
Previous Owner Decker Kimberly J $60,000
Previous Owner Decker Bruce Douglas $680,000
Previous Owner Decker Bruce Douglas $675,000
Previous Owner Decker Bruce D $695,000
Previous Owner Decker Bruce Douglas $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $2,200,000 -12.0% $399 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $2,499,000 0.0% $454 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $2,499,000 -- $454 / 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 $9,960 $125,960 $43,810 $82,150
2023 $10,071 $125,960 $43,810 $82,150
2022 $7,716 $92,160 $31,810 $60,350
2021 $7,996 $92,160 $31,810 $60,350
2020 $7,178 $84,650 $24,340 $60,310
2019 $7,212 $84,650 $24,340 $60,310
2018 $6,491 $74,850 $18,460 $56,390
2017 $6,044 $74,850 $18,460 $56,390
2016 $6,246 $75,850 $22,050 $53,800
2015 $6,388 $75,850 $22,050 $53,800
2014 $6,056 $67,200 $15,120 $52,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8427296

REcolorado®

APN: 2507-240-00-021