1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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RECOLORADO logo

Status: Active

5525 E State Highway 86 
Franktown, CO 80116

$4,700,000

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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.
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Bedrooms
4
Baths
3
House Size
3,144 sqft
Lot Size
151.29 ac
School District
Douglas RE-1

Location

Market Insights

In the last 30 days, homes for sale in 80116, Franktown, CO were on the market for a median of 64 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Dryer
Microwave
Oven
Refrigerator
Washer
basement
Walk-out Access
cooling
Central Air
features
Eat-in Kitchen
Open Floorplan
Walk-in Closet(s)
heating
Forced Air
Propane
laundry features
In Unit
window features
Double Pane Windows

Exterior Information

features
Gas Grill
fence
Fenced
road responsibility
Private Maintained Road
Public Maintained Road
road surface
Paved
roof
Composition
Metal

Property Information

architectural style
Rustic Contemporary
construction
Metal Siding
Frame
lot
Sloped
Wooded
Level
Meadow
Rolling Slope
parking
Attached
sewer
Septic Tank
subdivision name
None
utilities
Cable Available
Electricity Available
water source
Private
Well
  • Listed By Karen Mikkelson
  • (877) 207-9700
  • Mason & Morse Ranch Company
  • (877) 207-9700
  • MLS IR1010944

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$17,232 (-1.1%)$444,480$754,007$1,198,487 (0%)
2023$17,424 (+15.5%)$444,480$754,007$1,198,487 (+18.6%)
2022$15,088 (0%)$392,409$618,028$1,010,437 (-44.3%)
2021$15,088 (+73.3%)$1,197,347$618,028$1,815,375 (+147.5%)
2020$8,705$127,881$605,463$733,344

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$26,499

30 year fixed·6.9% interest rate
Principal & Interest
$24,763
Property Taxes
$1,436
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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