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For sale
  • $3,250,000

    7273 Lemon Gulch Way, Castle Rock, CO 80108

    4beds
    5,884sqft
    : 
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    Single Family Residence
    Built in 1997
    35 Acres Lot
    $2,598,300 Zestimate®
    $552/sqft
    $475/mo HOA

    What's special

    The 35 acre executive estate is surrounded by stunning expansive views of the Rocky Mountains from Pike's Peak to Long's Peak and Mt Evans. It sits adjacent to Rueter-Hess Reservoir which provides water storage to Parker, Castle Rock, Lone Tree and Castle Pines. When full, the water's edge almost reaches the property line. The original Castle Park Ranch homestead sits on the estate grounds and is easily observed from the home. The homestead was built in 1910 from local stone. Easily accessed from Parker or Castle Rock, this gated community provides a private and secure environment within which to enjoy the reservoir and the serenity it provides. This ranch style home is tastefully laid out and beautifully appointed. The main level offers a stunning kitchen with Bosch and GE appliances and granite counters. The kitchen opens to a great room with soaring vaults, built-in cabinetry, and a fireplace. A sunroom provides commanding views of the full Rocky Mountain range, Rueter-Hess Reservoir and the homestead. The main floor includes an expansive primary suite, an office, laundry room, and an eat-in nook. Step out to the Brazilian Paulupe deck, recently updated, for splendid views. The lower level offers 3 additional bedrooms, 2 bathrooms (one with a steam shower), a rec room and an unfinished storage area complete with gun safe and treadmill. The owners installed a geothermal heating system which provides cost effective heating in the winter; propane provides back-up and powers the appliances. HughsNet Satellite provides internet. Don't miss the opportunity to own this exquisite property! This lovely gated community provides rare access to close-in large acreage; A hidden gem! Qualified Buyers only. Proof of funds letter required. Call Listing Agent with any questions. https://iframe.videodelivery.net/63e0542202e9476a1ea08835fa7d525e
    218 days
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    605
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janice Nelson 303-841-0922 JANICENELSON@REMAX.NET,

    RE/MAX Alliance

    Source: REcolorado as distributed by MLS GRID,MLS#: 4499868MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 1
      Bedroom
      • Description: Expansive Primary With Balcony And Views Of The Reservoir And Private Attached Bath
      • Features: Primary Suite
      • Level: Main
      • Area: 320 Square Feet
      • Dimensions: 20 x 16
      Bedroom
      • Description: Secondary Bedroom
      • Level: Basement
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom
      • Description: Secondary Bedroom With Walk Out
      • Level: Basement
      • Area: 255 Square Feet
      • Dimensions: 15 x 17
      Bedroom
      • Level: Basement
      • Area: 143 Square Feet
      • Dimensions: 11 x 13
      Bathroom
      • Description: Luxurious Spa Bath Is Light And Bright And Beautifully Finished
      • Features: En Suite Bathroom
      • Level: Main
      Bathroom
      • Description: Powder Room In Kitchen Nook, Laundry/Mud Room
      • Features: Primary Suite
      • Level: Main
      Bathroom
      • Description: Luxurious Secondary Jack & Jill Bath
      • Level: Basement
      Bathroom
      • Description: Guest Bath Adjacent To Office And Great Room
      • Level: Main
      Bathroom
      • Description: Steam Shower
      • Level: Basement
      Bonus room
      • Description: Bonus Room Provides Space To Relax, Play Games Or Watch A Movie
      • Level: Basement
      • Area: 396 Square Feet
      • Dimensions: 18 x 22
      Dining room
      • Description: Private Dining Room With A Cozy Fireplace Perfect For Intimate Gathering
      • Level: Main
      • Area: 266 Square Feet
      • Dimensions: 14 x 19
      Great room
      • Description: Spacious Vaulted Great Room Overlooks Views Of Rueter-Hess Reservoir And The Original Homestead Built In 1910
      • Level: Main
      • Area: 460 Square Feet
      • Dimensions: 23 x 20
      Kitchen
      • Description: High End Kitchen With Bosch Appliances And Granite Counters Opens To Great Room
      • Level: Main
      • Area: 198 Square Feet
      • Dimensions: 11 x 18
      Laundry
      • Description: Laundry/Mud Room With Powder Room; Access To Eat-In Nook And Garage. Features Sink, Storage And Work Space
      • Level: Main
      Office
      • Description: Large Vaulted Office Space With Built In Shelving, Double Sided Fireplace And Views Of The Reservoir
      • Level: Main
      • Area: 169 Square Feet
      • Dimensions: 13 x 13
      Heating
      • Geothermal, Propane, Radiant Floor
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater
      • Laundry: Common Area
      Features
      • Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Primary Suite, Vaulted Ceiling(s)
      • Flooring: Tile, Wood
      • Windows: Window Coverings
      • Basement: Finished,Full,Interior Entry,Walk-Out Access
      • Number of fireplaces: 4
      • Fireplace features: Basement, Bedroom, Dining Room, Family Room
      Interior area
      • Total structure area: 5,884
      • Total interior livable area: 5,884 sqft
      • Finished area above ground: 3,106
      • Finished area below ground: 2,778

      Property

      Parking
      • Total spaces: 5
      • Parking features: Asphalt, Circular Driveway, Concrete
      • Attached garage spaces: 5
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Exterior Access
      • Patio & porch: Deck, Front Porch
      • Exterior features: Balcony, Gas Grill, Lighting, Rain Gutters
      • Fencing: Fenced
      • Has view: Yes
      • View description: Lake, Meadow, Mountain(s)
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 35 Acres
      • Features: Cul-De-Sac, Landscaped, Meadow, Protected Watershed, Rolling Slope
      • Residential vegetation: Mixed
      Details
      • Parcel number: R0380855
      • Zoning: A1
      • Special conditions: Standard
      • Horses can be raised: Yes
      • Horse amenities: Pasture, Well Allows For

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain Contemporary
      • Property subtype: Single Family Residence
      Materials
      • EIFS
      • Foundation: Slab
      Condition
      • Updated/Remodeled
      • Year built: 1997
      Details
      • Builder model: Ranch

      Utilities & green energy

      • Electric: 110V, 220 Volts, 220 Volts in Garage
      • Water: Well
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Propane

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Security System
      • Subdivision: Castle Park Ranch
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • Services included: Insurance, Maintenance Grounds, Road Maintenance, Security
      • HOA fee: $5,700 annually
      • HOA name: Castle Park Ranch Property Owners Association
      • HOA phone: 000-000-0000
      Location
      • Region: Castle Rock

      Financial & listing details

      • Price per square foot: $552/sqft
      • Tax assessed value: $1,423,959
      • Annual tax amount: $8,401
      • Date on market: 12/9/2025
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Exclusions: All Personal Property. 2 Tvs (Primary Bedroom And Exercise Area In Basement) Stay. Tread Mill Stays. Gun Safe (Bolted To Floor) Stays. Brand New Propane Grill Stays.
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,598,300

        $2.23M - $3.04M

        $6,031/mo

        Price history

        DateEventPrice
        4/9/2026Price change$3,250,000-7.1%$552/sqft
        Source: REcolorado as distributed by MLS GRID #4499868 Report a problem
        12/9/2025Listed for sale$3,500,000+133.3%$595/sqft
        Source: REcolorado as distributed by MLS GRID #4499868 Report a problem
        3/20/2006Sold$1,500,000+15.4%$255/sqft
        Source: Public Record Report a problem
        10/2/2003Sold$1,300,000$221/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,072 -1.1%$90,620 -19.4%
        2024$9,172 +67.1%$112,370 -0.9%
        2023$5,489 -4.1%$113,440 +51.2%
        2022$5,725 $75,010 -2.9%
        2021-- $77,280 -1.9%
        2020$6,461 +49.6%$78,770
        2019$4,319 +16.2%$78,770 +52.8%
        2018$3,716 +8%$51,550
        2017$3,439 -15.6%$51,550 +0.2%
        2016$4,075 -2.5%$51,450
        2015$4,179 -23%$51,450 -13.9%
        2014$5,426 $59,730
        2013-- $59,730 -14.3%
        2012-- $69,720
        2011-- $69,720 -5.1%
        2010-- $73,460 +3.4%
        2009$3,221 $71,060
        2008-- $71,060 +0.6%
        2007-- $70,670
        2006$6,343 +10.7%$70,670 +10.6%
        2004$5,732 -55.1%$63,870 -1%
        2003$12,765 $64,510
        2002-- --
        2000$5,664 $61,768
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 80108

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Legacy Point
        • Middle: Mesa
        • High: Ponderosa
        • 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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