5525 Highway 86

Franktown, CO 80116

$4,900,000
Price
6,590,192 / 151.29
Lot Size / Acres

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,...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.
  1. Listed by Karen Mikkelson • Mason & Morse Ranch Company • 8772079700

Amenities

  • Air Conditioning
  • Attached Garage
  • Common Outdoor Space
  • Forced Air
  • Garage
  • Pet Friendly
  • Washer / Dryer in Unit
LISTING UPDATED: 08/22/2024 06:04 PM

Property Details for 5525 Highway 86

StatusActive
MLS #1010944
Days on Compass175
Taxes$17,117 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm
Year Built-
Lot Size151.29 AC
CountyDouglas County

Building Information for 5525 Highway 86

Lot Size151.29 AC

Property Information for 5525 Highway 86

Summary
Location and General Information
  • Road Access 1: Public Maintained Road
  • Road Access 2: Priv Rd up to County Standards, Highway
  • Longitude and Latitude: -104.77913, 39.397715
  • Latitude: 39.40
  • Longitude: -104.78
  • Nearest Town: Franktown
  • Miles To Nearest Town: 0
  • Elementary School District: Douglas County RE-1
  • Middle Or Junior School District: Douglas County RE-1
Parking
  • Garage SqFt: 1095
  • Garage Type 1: Yes
  • # of Garage Spaces 1: 3
  • # of Garage Spaces 3: Yes
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Tax Annual Amount: $17,117
  • Parcel Number: R0372434
Property
Lot Information
  • Lot Improvements: Pasture, Dry, Water Rights Included, Cows Allowed, Horses Allowed, Level, Rolling Slope, Abuts Public Open Space, Meadow
  • Horse Property: Barn with 3+ Stalls, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage, Riding Trail
  • Lot Size Area: 6,590,192.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Waterfront Features: Abuts Pond/Lake
  • Current Use: Horses
  • Has Improvements: No
  • Vegetation: Evergreen Trees, Deciduous Trees, Grassed
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Pano Url Position: 1
  • Are Ditches Active: No
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Bi-Level
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, Xcel
  • Sewer: Septic
  • Well Information: Permit 042642-F
  • Well Permit Number: 042642-F
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gas Grill
Interior Features
  • ViewYN: No
  • Interior Features: Eat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s)
  • Laundry Features: Washer/Dryer Hookups
  • Spa YN: No
  • Window Features: Double Pane Windows
  • All Bedrooms Conform: No
Family Room
  • Has Family Room: No
Rental
Rental Information
  • Lease Sq Ft Unit: Square Feet
  • Horse YN: Yes

Public Records for 5525 Highway 86

Taxable ValueLand$123,970Additions$79,660Total$203,630
Tax Record2023$17,424 ($1,452 / month)
Home Facts
Beds2Total Finished SqFt3,144 SqFtAbove Grade Finished SqFt1,867 SqFtFinished Basement SqFt1,277 SqFtUnfinished Basement SqFt195 SqFtStories1Lot Size3,537,072 SqFtStyleMiscellaneous ResidentialYear Built1994CountyDOUGLASAPNR0372434Fireplace TypeHas Fireplace

Schools near 5525 Highway 86

This home is within Douglas County Re 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Franktown Elementary School
PublicPK to 5

Sagewood Middle School
Public6 to 8

Ponderosa High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5525 Highway 86 is a 151.29 ac of land for sale in Franktown, CO 80116. This property was listed for sale on May 31, 2024 by Mason & Morse Ranch Company, it's currently listed at $4,900,000. This listing's school district is Douglas County Re 1 School District. Nearby schools include Franktown Elementary School, Sagewood Middle School and Ponderosa High School. 5525 Highway 86 is a 4-bed, 3-bath, 3,144 sqft 151.29 ac of land on a 6,590,192 sq. ft. / 151.29 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mason & Morse Ranch Company, Karen Mikkelson

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.