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Sold for $735,000
  • $735,000

    1151 Castlewood Place, Franktown, CO 80116

    3beds
    2,702sqft
    Single Family Residence
    Built in 1977
    10.44 Acres Lot
    $721,100 Zestimate®
    $272/sqft
    $4,617 Estimated rent

    Home value

    $721,100

    $685,000 - $757,000

    $4,617/mo

    Zestimate® history
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    What's special

    Partially finished basementExterior entrancePrimary suiteVaulted ceilingsSurrounded by open spaceDual closetsAttached bath
    Investor Special 70% ARV! Fixer Upper! Fix and Flip Opportunity! Bring your vision to this prime Franktown property nestled on 10 beautiful acres at the end of a quiet cul-de-sac—just 10 minutes to both Castle Rock and Parker, with unbeatable access to Parker Rd and Hwy 86. Surrounded by open space and backing to the stunning rock outcroppings of Castlewood Canyon, the potential here is endless. The home needs a full gut remodel inside, making it the perfect canvas for your next fix and flip. Major upgrades already done include a BRAND NEW well, new leach field, and new Class 4 impact-resistant roof and gutters—huge value adds for any investor. The property is fully fenced and horse-ready with a 4-stall barn, pasture space, and room to roam. The upper level features vaulted ceilings in the living room, 3 bedrooms, and 2 full bathrooms—including a primary suite with attached bath and dual closets. Downstairs, there's a partially finished basement with an exterior entrance, additional room, and bathroom that was previously used as an office—ready to be transformed. You'll also find an oversized 2-car attached garage for added convenience. Whether you're looking for a rural retreat to renovate or a standout investment project, this is the one. Investor special, fixer upper, and fix-and-flip buyers—don’t miss it!DO NOT USE STAIRS GOING UP TO DECK. Please enter thought the door in the back of the home. This home was left as an active construction zone, please use caution when showing the home. All offers due Monday, June 16th.

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Clay 720-333-7116 beckyclay.re@yahoo.com,

    eXp Realty, LLC

    Bought with:

    Chad Barnard, 40027950

    MB Barnard Realty LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 3238309MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Bathroom
    • Level: Main
    Bathroom
    • Level: Basement
    Bonus room
    • Level: Basement
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range
    Features
    • Basement: Partial,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Basement, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,702
    • Total interior livable area: 2,702 sqft
    • Finished area above ground: 1,378
    • Finished area below ground: 662

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck
    Lot
    • Size: 10.44 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: R0039458
    • Zoning: LRR
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1977

    Utilities & green energy

    • Water: Well
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Castlewood North
    HOA
    • Has HOA: No
    Location
    • Region: Franktown

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $711,031
    • Annual tax amount: $4,050
    • Date on market: 6/12/2025
    • Listing terms: Cash,Conventional
    • Exclusions: None
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    7/3/2025Sold$735,000$272/sqft
    Source: REcolorado as distributed by MLS GRID #3238309 Report a problem
    6/17/2025Pending sale$735,000$272/sqft
    Source: REcolorado as distributed by MLS GRID #3238309 Report a problem
    6/12/2025Listed for sale$735,000+40%$272/sqft
    Source: REcolorado as distributed by MLS GRID #3238309 Report a problem
    4/30/2025Sold$525,000$194/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,050 -1.1%$44,430 -12.3%
    2024$4,095 +31.4%$50,670 -1%
    2023$3,115 -3.5%$51,170 +37.5%
    2022$3,228 $37,210 -2.8%
    2021-- $38,280 +8%
    2020$3,006 +19.2%$35,450
    2019$2,523 $35,450 +21.9%
    2018$2,523 +7.4%$29,090
    2017$2,349 -2.6%$29,090 -0.6%
    2016$2,411 $29,280
    Find assessor info on the county website

    Neighborhood: 80116

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Franktown
    • Middle: Sagewood
    • High: Ponderosa
    • District: Douglas RE-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $721,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $721,100