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Off market
  • $412,900

    4816 Drowsy Water Rd, Castle Rock, CO 80108

    2beds
    1,443sqft
    Townhouse
    Built in 2005
    -- sqft lot
    $412,900 Zestimate®
    $286/sqft
    $2,508 Estimated rent

    Home value

    $412,900

    $392,000 - $434,000

    $2,508/mo

    Zestimate® history
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    What's special

    Cozy double-sided fireplaceOpen-concept main levelWalk-in closetFully equipped kitchenCenter islandExcellent natural lightOpen-concept home

    Available August 1, 2026 Bright and spacious 2-bedroom, 2.5-bathroom, 1,443 sq ft townhome in the highly desirable Latigo at Metzler Ranch community. Featuring a true side-by-side 2-car attached garage and an unfinished basement for storage, this open-concept home offers 9-foot ceilings, excellent natural light, and a cozy double-sided fireplace that anchors the living space. Enjoy low-maintenance living within easy walking distance of the Metzler Family Open Space trails, with quick access to I-25, shopping, and dining. [KEY FEATURES] BEDROOMS & BATHS: 2 Bedrooms, 2.5 Bathrooms. The primary suite features vaulted ceilings, a walk-in closet, and an en-suite bath with a soaking tub and separate shower. The secondary bedroom includes an adjacent full hallway bath. PARKING & STORAGE: True side-by-side 2-car attached garage. Please note that all tenant vehicles must park inside the garage per HOA rules. The property includes an unfinished basement providing incredible extra storage space for gear, bikes, and seasonal items. LIVING, DINING & KITCHEN: Open-concept main level featuring a cozy double-sided gas fireplace elegantly connecting the living room and a dedicated dining area. The fully equipped kitchen features a center island and rich cabinetry perfect for entertaining. OUTDOOR LIVING, LAUNDRY & CONVENIENCE: Features a private front porch entry with stone pillars and railing perfect for a small outdoor seating setup, a convenient main-floor powder room for guests, and a dedicated upstairs laundry room with a full-size washer/dryer included near the bedrooms. HOA INCLUSIONS: Rent includes water, trash removal, and some community snow removal. FURNISHINGS: Property is rented unfurnished. Staging items and furniture seen in photos are not included. Showings available by appointment. Contact us to schedule. TOTAL MONTHLY PRICE: $2,495 Includes Water and Trash utilities, plus some community snow removal. There are no hidden administrative or mandatory monthly amenity fees. TENANT RESPONSIBILITY: Gas, electric, cable/internet, and any desired personal entryway snow removal (front patio/steps). RENTER'S INSURANCE: Tenant must maintain a minimum of $100,000 in renter's liability insurance throughout the entire lease term. SMOKERS: No smokers. This is a strictly smoke-free property, including all indoor and outdoor areas. PETS: One dog maximum considered on a case-by-case basis. No other pets or animals of any kind permitted. Requires a $300 refundable pet deposit + $35/month pet rent. HOA COMPLIANCE: Tenant must agree to park all vehicles inside the garage and adhere to all community HOA rules and regulations. [RENTAL REQUIREMENTS] CREDIT SCORE: Minimum 680 for market-rate applicants (exemptions apply to applicants utilizing a housing subsidy per Colorado law). INCOME: Gross monthly income minimum 2x rent / $4,990 per month (Subsidy applicants: 2x individual tenant portion). RENTAL HISTORY: Clean rental history (no evictions within the past 5 years) and verifiable income. APPLICATION FEE: Actual cost of screening (unless a compliant PTSR is provided). All applicants 18 and older must apply separately; background checks are run consistently per CO law. [MANDATORY PORTABLE TENANT SCREENING REPORT DISCLOSURE] The prospective tenant has the right to provide to the landlord a portable tenant screening report, as defined in section 38-12-902 (2.5), Colorado Revised Statutes; and If the prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from: Charging the prospective tenant a rental application fee; or Charging the prospective tenant a fee for the landlord to access or use the portable tenant screening report.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Dining Room, Family Room, Master Bath
    Heating
    • Forced Air, Fireplace
    Cooling
    • Central Air, Ceiling Fan
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Storage, Walk In Closet, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Double Pane Windows
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,443 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio, Porch
    • Exterior features: Bicycle storage, Garbage included in rent, Heating system: Forced Air, Kitchen Island, Snow Removal included in rent, Walk In Closet, Water included in rent
    Details
    • Parcel number: 235126405091

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • Year built: 2005

    Utilities & green energy

    • Utilities for property: Cable Available, Garbage, Water

    Community & HOA

    Community
    • Deposit fee: $2,495
    Location
    • Region: Castle Rock

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $444,133
    • Annual tax amount: $1,949
    • Date on market: 6/17/2026
    • Date available: 08/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    7/3/2026Listing removed$2,495$2/sqft
    Source: Zillow Rentals Report a problem
    6/17/2026Listed for rent$2,495$2/sqft
    Source: Zillow Rentals Report a problem
    6/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/2/2023Listed for rent$2,495+18.8%$2/sqft
    Source: Zillow Rentals Report a problem
    3/23/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/19/2021Listed for rent$2,100+13.5%$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/27/2017Listing removed$1,850$1/sqft
    Source: Owner Report a problem
    12/4/2017Price change$1,850-5.1%$1/sqft
    Source: Owner Report a problem
    11/10/2017Listed for rent$1,950$1/sqft
    Source: Owner Report a problem
    10/26/2005Sold$199,316$138/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,949 -1.4%$27,760 -12.7%
    2024$1,976 +30.3%$31,810 -1%
    2023$1,517 -4.2%$32,120 +41.1%
    2022$1,583 $22,760 -2.8%
    2021-- $23,420 +0.7%
    2020$1,584 +14.6%$23,250
    2019$1,382 0%$23,250 +18.1%
    2018$1,382 +9.2%$19,680
    2017$1,265 +4.2%$19,680 +7%
    2016$1,214 -2.8%$18,390
    2015$1,248 +16.9%$18,390 +27.4%
    2014$1,068 $14,440
    2013-- $14,440 +0.6%
    2012-- $14,350
    2011-- $14,350 -12.6%
    2010-- $16,420 -0.2%
    2009$599 $16,460
    2008-- $16,460 +15.5%
    2007-- $14,250
    2006$175 $14,250
    Find assessor info on the county website

    Neighborhood: 80108

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $412,900
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    Estimated market value
    $412,900