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    5525 E State Highway 86 Franktown, CO 80116

    Pending
    $3,999,000
    5525 E State Highway 86 Franktown, CO 80116
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    5525 E State Highway 86, Franktown, CO 80116
    5525 E State Highway 86, Franktown, CO 80116
    5525 E State Highway 86, Franktown, CO 80116
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    39 photos
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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    Brittany Cowan

    Brittany Cowan

    brittany@nocohomeliving.com +1(605) 881-8263
    $3,999,000
    Est. payment /mo
    4 Beds
    3 Baths
    3,144 SqFt
    Save Virtual Tour

    UPDATED:

    Key Details

    Property Type Vacant Land

    Sub Type Mixed Use

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 3,144 sqft

    MLS Listing ID IRE1010944

    Style Farmhouse

    Bedrooms 4

    HOA Y/N No

    Annual Tax Amount $17,117

    Tax Year 2023

    Lot Size 151.290 Acres

    Acres 151.29

    Property Sub-Type Mixed Use

    Source ires

    Property Description

    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, and is full. 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. While the property is a successful equestrian boarding operation, the location and land base would readily allow use as a private equestrian operation or possible other uses, subject tozoning revision. 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.

    Location

    State CO

    County Douglas

    Area Metro Denver

    Zoning Various

    Direction Hwy 86 Please call listing Broker. By appointment only with Listing Broker. Gated Property.

    Rooms

    Basement Partially Finished, Walk-Out Access

    Interior

    Interior Features Eat-in Kitchen, Separate Dining Room, Open Floorplan, Workshop, Walk-In Closet(s), Washer/Dryer Hookup

    Heating Forced Air

    Cooling Central Air

    Appliance Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Gas Bar-B-Q, Disposal

    Exterior

    Parking Features Attached

    Garage Spaces 3.0

    Fence Fenced, Security, Other, Wire, Vinyl

    Community Features Gated

    Utilities Available Electricity Available, Propane, Cable Available

    View Y/N No

    Roof Type Composition,Metal

    Improvements No

    Garage Yes

    Building

    Lot Description Pasture, Dry, Evergreen Trees, Deciduous Trees, Native Grass, Level, Rolling Lot, Abuts Pond/Lake, Abuts Public Open Space, Meadow, Paved, Water Rights Included

    Sewer Septic Tank

    Water Well

    Architectural Style Farmhouse

    Level or Stories Bi-Level

    Structure Type Frame,Metal Siding

    New Construction false

    Schools

    High Schools Douglas County Re-1

    School District Douglas County Re-1

    Others

    Acceptable Financing Cash, Conventional, 1031 Exchange

    Horse Property Horse(s) Allowed, Barn, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage, Riding Trail

    Listing Terms Cash, Conventional, 1031 Exchange

    Special Listing Condition Private Owner

    Virtual Tour https://gaston-photography.view.property/2248548


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    Information and Real Estate Services (IRES)
    Listed by Karen Mikkelson

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    Brittany Cowan

    Brittany Cowan

    +1(605) 881-8263

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    LPT Realty

    Brittany Cowan

    +1(605) 881-8263 brittany@nocohomeliving.com

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