At the heart of Cottonwood Ranch, this distinctive 35-acre equestrian estate combines private residential living with professional-scale horse facilities, substantial infrastructure, water rights, and exceptional Front Range accessibility approximately 20 minutes south of downtown Colorado Springs. The Spanish-inspired main residence offers 6 bedrooms and 4 bathrooms, generous entertaining spaces, two fireplaces, a recently updated kitchen with Taj Mahal quartzite countertops, marble backsplash, double ovens and a large pantry, heated bathroom floors, built-in central vacuum, a 25,000-gallon indoor heated pool, and a private Trex deck with hot tub and sweeping mountain views. Purpose-built for serious equestrian use, the property features a 15,000+ sq ft indoor riding arena with 12 attached stalls, tack and locker areas, approximately 1,800 sq ft of attached office/apartment space, kitchen, restrooms, laundry facilities, and announcer/seating area. A separate 19-stall barn, outdoor riding arena/round pen, fenced pastures, and 1,200 sq ft workshop create substantial infrastructure for training, boarding, recreation, or a private horse operation. Mature cottonwoods, established landscaping, multiple operational wells, expansive grounds, and thoughtful improvements create the character of a true ranch retreat, while convenient I-25 access keeps Colorado Springs and the greater Front Range within easy reach. Whether envisioned as a private equestrian estate, training or boarding operation, multigenerational retreat, or distinctive Colorado lifestyle property, this is the operational heart of Cottonwood Ranch—an unusually complete combination of residence, acreage, equestrian infrastructure, water, privacy, and access. A rare opportunity to own the established residential and equestrian centerpiece of a much larger legacy ranch. Also available as part of the approximately 200-acre combined Cottonwood Ranch offering.
For sale
Price cut: $1.8M (9/1)
$2,000,000
16990 Old Pueblo Rd, Fountain, CO 80817
6beds
3,631sqft
Single Family Residence
Built in 1973
35.34 Acres Lot
$1,901,600 Zestimate®
$551/sqft
$-- HOA
What's special
- 91 days
- 200
- 12
Zillow last checked:
Listing updated:
Listed by:
Aaron Grant 303-324-3320,
Grant Real Estate
Source: elevateMLS,MLS#: 5106559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Other
- Level: Upper
Heating
- Baseboard, Hot Water, Radiant
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Central Vacuum, High Speed Internet, Pantry, Secondary Suite w/in Home, Wet Bar
- Flooring: Carpet, Stone, Wood
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 3,631
- Total interior livable area: 3,631 sqft
- Finished area above ground: 3,631
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete Driveway, Gravel Driveway, Paved Driveway, RV Access/Parking
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Other
- Exterior features: Manual Sprinkler System
- Pool features: Pool
- Has spa: Yes
- Spa features: Hot Tub/Spa
- Fencing: Other
- Has view: Yes
- View description: Panoramic, Mountain(s), View of Pikes Peak
- Waterfront features: Stream/Creek
Lot
- Size: 35.34 Acres
- Features: Meadow, Wooded, Hiking Trail, Horses (Zoned)
Details
- Additional structures: Barn(s), Workshop, Stable(s), Other
- Parcel number: 5700000149
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Other, Adobe
- Foundation: Not Applicable
- Roof: Metal
Condition
- Existing Home
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Private, Water Rights, Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Location
- Region: Fountain
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $464,820
- Annual tax amount: $1,921
- Date on market: 7/17/2026
- Listing terms: Cash,Conventional,FHA,Owner Will Carry,USDA Loan,VA Loan
- Electric utility on property: Yes
Estimated market value
$1,901,600
$1.81M - $2.00M
$3,675/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $2,000,000-46.7%$551/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $3,750,000+78.6%$1,033/sqft |
Source: | ||
| 3/12/2026 | Listing removed | $2,100,000$578/sqft |
Source: | ||
| 1/31/2026 | Listed for sale | $2,100,000-44.7%$578/sqft |
Source: | ||
| 2/18/2025 | Listing removed | $3,800,000$1,047/sqft |
Source: Whitetail Properties #89262 Report a problem | ||
| 8/7/2024 | Listed for sale | $3,800,000$1,047/sqft |
Source: Whitetail Properties #89262 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $465 -30.9% | $33,560 +202.1% |
| 2024 | $674 +34.5% | $11,110 |
| 2023 | $501 -2.4% | $11,110 +10.9% |
| 2022 | $513 | $10,020 -3.6% |
| 2021 | -- | $10,390 +5.8% |
| 2020 | $483 -9.2% | $9,820 |
| 2019 | $531 | $9,820 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80817
Nearby schools
Schools provided by the listing agent
- Elementary: Prairie Heights
- Middle: Hanover
- High: Hanover
- District: Hanover-28
Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






