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4 Beds
3 Baths
3,144 sqft

$3,999,000

5525 E State Highway 86, Franktown CO, 80116

Price per sqft$1,271.95
Property size3,144 sqft
Property typeOther

Overview

Pending

Listed May 31, 2024

Updated Aug 11

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.

$26,605/mo

Est. mortgage payment based on a $3,999,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
IR1010944

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
151.29 Acres

Other Property Details

Taxes
$17,117
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes

Also listed on IRES

MLS provider logo
Listed by Mason & Morse Ranch Company, Karen Mikkelson, Listing Contact:  
 

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