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Home » Real Estate » CO » Franktown » 80116 » 5525 E State Highway 86, Franktown, CO, 80116
$4,900,000

5525 E State Highway 86, Franktown, CO, 80116

4 Beds
3 Baths
3,144 Square Feet
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.
Offered By
Karen Mikkelson 8772079700, Mason & Morse Ranch Company

Property Details

Property Type Farm
Status Active
Bedrooms 4
Property Sub Type Farm and Ranch
Square Feet 3,144
MLS # 1010944

Market Trends

New Properties On Market
11
38% Increase In New Listings
Average Asking Price
$1,033,362
$313,888 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$238
$8 Decrease In List Price/Sq. Ft.
Average Days On Market
9
25 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/10/2024 at 2:02 pm