A standout 5+ acre opportunity in The Castle Pines Village Corridor -offering the lowest price per square foot at just $12.80 for the lot and netting under $7 per sqare foot with improvements that are in place. The 3 remaining lots in CPV range from $14-$53 a square foot. Enjoy the benefits of CPV with out the assessments, taxes, and HOA fees. Live in the existing guest home while you build your dream home, all behind a private gate with over $1M in improvements already in place. A rare and remarkable offering in the prestigious CPV corridor, surrounded by 105+ acres of open space. Huge plus, this is not a part of the Castle Pines HOA, so an additional dwelling unit can be built! This 5.37-acre estate property presents a once-in-a-lifetime opportunity to build your legacy. Surrounded by open space and over 500 mature ponderosa pines, the 360 views are both breathtaking and private, offering unobstructed Front Range views and an unmatched sense of serenity. No HOA, lower taxes, and the ability to walk to the PGA events at the golf courses at CVP elevate its appeal even further. This site allows for two homes, your forever home and guest home. Unlike most lots this one has gentle slopes giving you options on where you'd like to build your forever home/ guest home/ collector garage/ equestrian barn (a total of three building structures are allowed on the property).
This is the final 5+ acre parcel available in this coveted enclave. Wildlife, views, and absolute privacy just minutes to I-25, shopping, dining, and top-tier schools. The property includes a beautifully updated 2-bedroom, 1.5-bath guest house featuring an oversized garage, expansive wrap around deck, paved drive, and elevated finishes throughout. With a private well, septic system, and natural gas already in place, the home is fully functional as-is while you design and build your forever estate. This price is the lowest priced in the CPV corridor with the best 360 views!
For sale
$2,995,000
450 E Happy Canyon Road, Castle Rock, CO 80108
2beds
2,012sqft
Single Family Residence
Built in 1976
5.37 Acres Lot
$-- Zestimate®
$1,489/sqft
$-- HOA
What's special
- 149 days |
- 293 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Erin Neptune 720-387-9736 erin@edprather.com,
Ed Prather Real Estate
Source: REcolorado as distributed by MLS GRID,MLS#: 6865132
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bathroom
- Features: Primary Suite
- Level: Main
Bathroom
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Sun room
- Level: Main
Utility room
- Level: Basement
Heating
- Baseboard
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Entrance Foyer, Five Piece Bath, High Ceilings, Open Floorplan, Primary Suite, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile
- Basement: Unfinished
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,012
- Total interior livable area: 2,012 sqft
- Finished area above ground: 1,607
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch, Wrap Around
- Exterior features: Lighting, Private Yard, Rain Gutters
Lot
- Size: 5.37 Acres
- Features: Greenbelt, Landscaped, Many Trees, Open Space, Secluded
- Residential vegetation: Grassed, Partially Wooded
Details
- Parcel number: R0389885
- Zoning: RR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stone, Wood Siding
- Roof: Concrete
Condition
- Updated/Remodeled
- Year built: 1976
Utilities & green energy
- Water: Well
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Security: Security Entrance
- Subdivision: Castle Pines
HOA
- Has HOA: No
Location
- Region: Castle Rock
Financial & listing details
- Price per square foot: $1,489/sqft
- Tax assessed value: $997,516
- Annual tax amount: $4,896
- Date on market: 2/1/2026
- Listing terms: Cash,Conventional,Jumbo,Other
- Exclusions: All Seller's Personal Property. Chandelier In Converted Patio Is Excluded.
- Ownership: Individual
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2026 | Listed for sale | $2,995,000+17.5%$1,489/sqft |
Source: | ||
| 2/24/2016 | Listing removed | $2,550,000$1,267/sqft |
Source: Realty One Group Premier #2571587 Report a problem | ||
| 11/21/2015 | Listed for sale | $2,550,000+883%$1,267/sqft |
Source: Realty One Group Premier #2571587 Report a problem | ||
| 7/3/1995 | Sold | $259,409+3.8%$129/sqft |
Source: Public Record Report a problem | ||
| 1/13/1995 | Sold | $250,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,896 -1.1% | $62,350 -0.3% |
| 2024 | $4,950 +40.8% | $62,560 -1% |
| 2023 | $3,516 -4% | $63,170 +44.3% |
| 2022 | $3,662 | $43,790 -2.8% |
| 2021 | -- | $45,050 +20.3% |
| 2020 | $3,059 +9.6% | $37,460 |
| 2019 | $2,791 0% | $37,460 +12% |
| 2018 | $2,791 +8% | $33,440 |
| 2017 | $2,583 +8.6% | $33,440 +10.9% |
| 2016 | $2,379 -2.4% | $30,160 |
| 2015 | $2,439 -1.9% | $30,160 +5.4% |
| 2014 | $2,486 | $28,610 |
| 2013 | -- | $28,610 +8.3% |
| 2012 | -- | $26,410 |
| 2011 | -- | $26,410 -5.8% |
| 2010 | -- | $28,050 -2.5% |
| 2009 | $2,462 | $28,770 |
| 2008 | -- | $28,770 +3% |
| 2007 | -- | $27,920 |
| 2006 | $2,373 +27.2% | $27,920 +23.2% |
| 2004 | $1,865 -8.2% | $22,670 -11.4% |
| 2003 | $2,032 | $25,580 |
| 2002 | -- | $25,580 -23.6% |
| 2001 | $2,746 -3% | $33,490 +0% |
| 2000 | $2,830 | $33,484 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 80108
Getting around
3 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Buffalo Ridge Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Rocky Heights Middle SchoolGrades: 6-8Distance: 5.4 mi
- 9/10Rock Canyon High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Buffalo Ridge
- Middle: Rocky Heights
- High: Rock Canyon
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Douglas County
- Castle Rock
- 80108
- 450 E Happy Canyon Road






