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 Road, Fountain, CO 80817
6beds
3,631sqft
Single Family Residence
Built in 1973
35 Acres Lot
$-- Zestimate®
$551/sqft
$-- HOA
What's special
Two fireplacesSweeping mountain viewsFenced pasturesMature cottonwoodsGenerous entertaining spacesSpanish-inspired main residenceBuilt-in central vacuum
- 92 days
- 111
- 6
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: 35 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
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Fountain
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $749,351
- Annual tax amount: $4,935
- 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: Corporation/Trust
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$3,675/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $2,000,000-46.7%$551/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $3,750,000+87.5%$1,033/sqft |
Source: | ||
| 7/3/2026 | Listing removed | $2,000,000$551/sqft |
Source: | ||
| 6/20/2026 | Price change | $2,000,000-4.8%$551/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $2,100,000+366.7%$578/sqft |
Source: | ||
| 3/4/2004 | Sold | $450,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,921 -43.6% | $89,120 +567.1% |
| 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
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Neighborhood: 80817
Nearby schools
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.






