Farm · Pending

5525 E State Highway 86

Franktown, CO 80116

4 Beds · 3 Baths

$3,999,000

Farm

Property Type

151.29 acres

Lot Size

3

Parking Spaces

IR1010944

MLS #

About This Property

Castlewood Equestrian Center is a full-scale boarding and training facility located on a total of 151 acres just west of Franktown, Colorado. The property currently is permitted for 130 horses on site, and is full. Improvements include a large indoor stall barn with 44 heated stalls and an attached indoor riding arena. The remainder are covered outdoor open stalls with runs or loafing sheds with paddocks.

Additional improvements include turnout pens, pastures, large shop and hay storage, and various round pens, sheds and tack rooms. The facility is professionally managed, modern and clean, with a constant waiting list. The amenities include riding indoors as well as on the property. Additionally, the property adjoins and has access to the Cherry Creek Trail system and Mesa Buttes open space offering unlimited trail riding.

The tastefully remodeled home on site rounds out the property. While the property is a successful equestrian boarding operation, the location and land base would readily allow use as a private equestrian operation or possible other uses, subject tozoning revision. An ancillary property of 36 acres is also available for buyers to acquire if the facility is purchased, but is not a part of this listing. Potential buyers must provide verifiable proof of financial ability prior to scheduling a showing. 48 hours notice required. Listing Brokers will be present at all showings.

875 days on market

Listed by Karen Mikkelson · Mason & Morse Ranch Company · 8772079700

Last updated: 8/10/2026 2:41 PM · Source: REcolorado®, MLS#: IR1010944

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Property Details

Key Details

Property Type Farm
Sub Type Farm
Status Pending
Subdivision None
MLS # IR1010944
Days on Market 875
Bedrooms 4

More Details

Lot Size (Sq Ft) 6,590,192
Acres 151.29
HOA No
Annual Taxes $17,117
State CO
County Douglas
Zoning Various

Interior

Interior Features Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Heating Forced Air, Propane
Cooling Central Air
Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior & Parking

Exterior Features Gas Grill
Garage Yes
Garage Spaces 3
Roof Composition, Metal

Building & Lot

Basement Walk-Out Access
Lot Features Level, Meadow, Open Lot, Rolling Slope
Architectural Style Rustic Contemporary
Levels Bi-Level
Construction Metal Siding, Wood Siding
Sewer Septic Tank
Water Source Well

Location

Price History

DateEventPrice
8/10/2026 Pending
Source: REcolorado® #IR1010944
—
6/25/2024 Listed for sale
Source: REcolorado® #6255611
$3,999,000
5/31/2024 Listed for sale
Source: REcolorado® #IR1010944
$3,999,000

Based on information submitted to the MLS GRID as of October 23, 2026 at 10:46 AM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated August 10, 2026 at 2:41 PM.

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