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5525 E State Highway 86, Franktown, CO 80116

$3,999,000
  • 5525 E State Highway 86, Franktown, CO 80116 Main Photo

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Active
BEDS4 BATHS3 SQUARE FEET3,144 MLS#1010944
STATUSActive PROPERTY TYPEResidential - Farm SUBDIVISIONNone SCHOOLDouglas County RE-1

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.

5525 E State Highway 86 | MLS# 1010944

This farm located at 5525 E State Highway 86, Franktown, CO 80116 is currently listed for sale with an asking price of $3,999,000. This property has 4 bedrooms with 3144 sq. ft. E State Highway 86 is located in the None subdivision within the Douglas County RE-1 school district. Search None real estate on www.shahmardian.com today.

Property Features

Property Type: Residential - Farm
Basement: Partially Finished, Walk-Out Access
Basement: Yes
Cooling: Central Air
Garage: 3 car attached
Heating: Forced Air
Home Style: Farmhouse
Lot Size: 151.29 Acres
Roof Type: Composition, Metal
Taxes: $17,117

Amenities

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

Feature Descriptions

Appliances: Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Gas Bar-B-Q, Disposal
Community Features: Gated
Days on Site: 366
Electric: Xcel
Exclusions: All farm and ranch equipment, tenant furnishings.
Exterior: Frame, Metal Siding
Fencing: Fenced, Security, Other, Wire, Vinyl
Gated Property: Y
HOA Y/N: No
Lot Features: Pasture, Dry, Evergreen Trees, Deciduous Trees, Native Grass, Level, Rolling Lot, Abuts Pond/Lake, Abuts Public Open Space, Meadow, Paved, Water Rights Included
Other Structures: Corral(s), Barn(s), Shed(s), Livestock Shed
Parcel Number: R0372434
Parking Features: Attached
Road Frontage: Priv Rd up to County Standards, County Maintained, Highway
Road Surface: Asphalt
Sewer: Septic Tank
SQ FT Total: 3144
Utilities: Electricity Available, Propane, Cable Available
Water: Well

Local Schools

School District: Douglas County RE-1

Listed By / Shown By

Listed By

Agency Name: Mason & Morse Ranch Company
Agency Contact: 8772079700

Shown By

Agent Name: The Shahmardian Group
Agent Phone: (970) 637-7882
Agency Title: Key Realty

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Estimated Payment

$ 24,962.06 per month $22,369.27 Principal & Interest $1,426.42 Property Tax $1,166.38 Homeowner's Insurance

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