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For sale
  • $2,995,000

    450 E Happy Canyon Road, Castle Rock, CO 80108

    2beds
    2,012sqft
    : 
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    Single Family Residence
    Built in 1976
    5.37 Acres Lot
    $-- Zestimate®
    $1,489/sqft
    $-- HOA

    What's special

    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!
    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#: 6865132MLS Logo

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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

        DateEventPrice
        2/1/2026Listed for sale$2,995,000+17.5%$1,489/sqft
        Source: REcolorado as distributed by MLS GRID #8132546 Report a problem
        2/24/2016Listing removed$2,550,000$1,267/sqft
        Source: Realty One Group Premier #2571587 Report a problem
        11/21/2015Listed for sale$2,550,000+883%$1,267/sqft
        Source: Realty One Group Premier #2571587 Report a problem
        7/3/1995Sold$259,409+3.8%$129/sqft
        Source: Public Record Report a problem
        1/13/1995Sold$250,000$124/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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-Dependent

        Nearby schools

        GreatSchools rating
        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.

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