$4,900,000
For Sale

5525 E State Highway 86

Franktown, CO 80116
4 beds | 151.29 acres | #1010944
Listing OfficeMason & Morse Ranch Company
Browse 39 photos
Type:Purchase
Structure:Farm
Zone:Residential

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. 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.

  • Property Details
      • Lot DescriptionPasture, Dry, Water Rights Included, Cows Allowed, Horses Allowed, Level, Rolling Slope, Abuts Public Open Space, Meadow
      • InteriorEat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s)
      • Utility FeaturesElectricity Available, Propane, Cable Available
      • BasementPartially Finished, Walk-Out Access
      • Utility SourceWell, Well Permit 042642-F
      • Property SubtypeFarm and Ranch
      • Exterior MaterialsGas Grill
      • Property TypePurchase
      • CountyDouglas
      • MLS #1010944
      • Cost4900000
      • MLS #1010944
      • Acres151.29
      • Sewer InformationSeptic
      • Bedrooms4
      • Parking Spaces3

Location

Shawn Holmes | Group CenterraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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