Cottonwood Ranch on Fountain Creek
One of Colorado's most distinctive legacy ranches is now offered in its entirety. Situated on approximately 200 acres with nearly one mile of Fountain Creek frontage, this exceptional property combines luxury living, premier equestrian infrastructure, income-producing residences, recreational amenities, and exceptional versatility approximately 20 minutes south of downtown Colorado Springs.
The Spanish-inspired main residence offers 6 bedrooms, 4 bathrooms, an updated kitchen with double ovens and a generous pantry, generous entertaining spaces, two fireplaces, a stone-coated steel roof, heated bathroom floors, built-in central vacuum, a 25,000-gallon indoor heated pool, and a private Trex deck with hot tub overlooking the ranch with sweeping mountain views.
Two additional remodeled residences — a 5-bedroom, 2.5-bath home and a 3-bedroom, 1-bath home — provide exceptional flexibility for rental income, guest accommodations, staff housing, or multigenerational living.
Designed for serious equestrian use, the property features a 15,000+ sq ft indoor riding arena with 12 attached stalls, tack room, office/apartment, kitchen, restroom, laundry room, a separate 19-stall barn, outdoor arena, round pens, fenced pastures, a 1,200 sq ft workshop, multiple operational wells including a high-capacity agricultural well, established riding and recreational trail systems, abundant wildlife, mature cottonwood groves, and exceptional privacy. Conveniently located just off I-25 and across from Pikes Peak International Raceway, the property offers outstanding accessibility while preserving the privacy and feel of a secluded ranch retreat.
Whether envisioned as a private luxury ranch, premier equestrian operation, recreational retreat, multigenerational estate, investment property, or long-term land holding, properties offering this combination of scale, water, infrastructure, income potential, and location rarely come to market.
For sale
$3,750,000
16990 Old Pueblo Road, Fountain, CO 80817
6beds
3,631sqft
Single Family Residence
Built in 1973
200 Acres Lot
$-- Zestimate®
$1,033/sqft
$-- HOA
What's special
Two fireplacesOutdoor arenaMature cottonwood grovesTack roomRound pensFenced pasturesGenerous entertaining spaces
- 41 days |
- 44 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Collins 720-717-9030 cc@grantrealestate.net,
Grant Real Estate Company,
Tanner Schuetz 941-224-1622,
Grant Real Estate Company
Source: REcolorado as distributed by MLS GRID,MLS#: 1737159
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Bedroom
- Level: Upper
Bedroom
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Upper
Bathroom
- Features: En Suite Bathroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Main
Heating
- Baseboard, Hot Water, Radiant Floor, Steam
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Freezer, Microwave, Refrigerator
- Laundry: Laundry Closet
Features
- Central Vacuum, Eat-in Kitchen, Kitchen Island, Marble Counters, Pantry, Wet Bar
- Flooring: Carpet, Vinyl, Wood
- Windows: Bay Window(s), Double Pane Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Bedroom, Family Room
Interior area
- Total structure area: 3,631
- Total interior livable area: 3,631 sqft
- Finished area above ground: 3,631
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Balcony, Gas Grill, Lighting, Water Feature
- Pool features: Indoor
- Has spa: Yes
- Spa features: Spa/Hot Tub
- Fencing: Fenced
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 200 Acres
- Features: Landscaped, Many Trees, Meadow, Protected Watershed, Subdividable
- Residential vegetation: Cleared, Grassed, Heavily Wooded, Mixed, Partially Wooded
Details
- Parcel number: 5700000150
- Zoning: A-5 RR-5
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Arena, Palpation Chute, Pasture, Round Pen, Water - Stream/Spring, Well Allows For
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Adobe
- Roof: Metal,Stone-Coated Steel
Condition
- Year built: 1973
Utilities & green energy
- Water: Shared Well, Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Fountain
Financial & listing details
- Price per square foot: $1,033/sqft
- Tax assessed value: $44,456
- Annual tax amount: $1,921
- Date on market: 7/15/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,Owner Will Carry,USDA Loan,VA Loan
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $3,750,000+87.5%$1,033/sqft |
Source:  REcolorado as distributed by MLS GRID #1737159 Report a problem | ||
| 7/3/2026 | Listing removed | $2,000,000$551/sqft |
Source: REcolorado as distributed by MLS GRID #1737159 Report a problem | ||
| 6/20/2026 | Price change | $2,000,000-4.8%$551/sqft |
Source: REcolorado as distributed by MLS GRID #1737159 Report a problem | ||
| 3/16/2026 | Listed for sale | $2,100,000+366.7%$578/sqft |
Source: REcolorado as distributed by MLS GRID #1737159 Report a problem | ||
| 3/4/2004 | Sold | $450,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,409 +89.6% | $13,360 +24.2% |
| 2023 | $1,798 -2.2% | $10,760 -70.1% |
| 2022 | $1,839 | $35,940 -3.4% |
| 2021 | -- | $37,210 +6.1% |
| 2020 | $1,723 -9.2% | $35,060 |
| 2019 | $1,897 | $35,060 |
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
GreatSchools rating
- 4/10Prairie Heights Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 4/10Hanover Junior-Senior High SchoolGrades: 6-12Distance: 11.1 mi
Schools provided by the listing agent
- Elementary: Prairie
- Middle: Prairie Jr/Sr
- High: Prairie Jr/Sr
- District: Prairie RE-11
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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A local agent can set up tours, give advice and negotiate with sellers.
