873 Lake Gulch Rd

Castle Rock, CO 80104 View Map $1,425,000 Ask a Question
Beds4
Baths2Full11/2
Sq.Ft.2,778
Year1972
Kenna Real Estate Team

Kenna Real Estate Team

(303) 955-4220

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 873 Lake Gulch Rd Castle Rock ASSUMABLE MORTGAGE and LOCATION, LOCATION, LOCATION. TWO INDOOR ARENAS

Here is your opportunity to own one of the closest operating horse facilities to downtown Castle Rock, with NO HOA! This property in Unincorporated Douglas County lends itself to many different uses and a currently unheard-of assumable mortgage (for qualified buyers) of 4.7% on a $1,295,000 loan amount. Located on picturesque Lake Gulch Rd with expansive views of both landmark Castle Rock and Elephant Rock, the property features a quaint home that offers an updated kitchen, master bedroom suite, bath, new pump, and a water heater. 12-month home warranty included. You will love the sunsets from the yard and back deck with space/electrical for a hot tub and will appreciate incredible convenience to grocery stores, restaurants, and the Castle Rock outlet mall. Low 4% retail tax rate. Just minutes to the Douglas County Fairgrounds for equestrian events of all kinds. The horse facilities are extensive, including two indoor arenas (a larger one offers newly installed deep sand footing) both with bright LED lighting, and an outdoor arena, the main barn has 12 stalls and is complete with a tack room, grooming areas, feed room, office, and recently renovated bathroom. The smaller barn has 8 stalls, an updated office, tack/feed room. There are numerous pens, turnout areas, and shelters along with a stream-fed pasture. Easy trailering to Dawson Butte and other parks for riding. The property is currently divided into 2 parcels, (11.93 acres with improvements and the other, 5 acres of vacant land) however both parcels are in the process of being combined with a new legal description to be assigned for a total of 16.93 acres. Douglas County currently allows two boarded horses and up to two horses per acre of your own, without a Use By Special Review permit. Or, perhaps you might have another creative purpose for this land and facility? 
 Douglas 3825248 {state }Castle Rock 80104 single family residence for sale $1,425,000 2778 16.93 
Status: Sold
Property Type:Single Family Residence
MLS® #:3825248
Sq. Feet:2,778
Date Sold:11/10/2023
Lot Size:737,471 Sq. Ft.
County:Douglas
ASSUMABLE MORTGAGE and LOCATION, LOCATION, LOCATION. TWO INDOOR ARENAS

Here is your opportunity to own one of the closest operating horse facilities to downtown Castle Rock, with NO HOA! This property in Unincorporated Douglas County lends itself to many different uses and a currently unheard-of assumable mortgage (for qualified buyers) of 4.7% on a $1,295,000 loan amount. Located on picturesque Lake Gulch Rd with expansive views of both landmark Castle Rock and Elephant Rock, the property features a quaint home that offers an updated kitchen, master bedroom suite, bath, new pump, and a water heater. 12-month home warranty included. You will love the sunsets from the yard and back deck with space/electrical for a hot tub and will appreciate incredible convenience to grocery stores, restaurants, and the Castle Rock outlet mall. Low 4% retail tax rate. Just minutes to the Douglas County Fairgrounds for equestrian events of all kinds. The horse facilities are extensive, including two indoor arenas (a larger one offers newly installed deep sand footing) both with bright LED lighting, and an outdoor arena, the main barn has 12 stalls and is complete with a tack room, grooming areas, feed room, office, and recently renovated bathroom. The smaller barn has 8 stalls, an updated office, tack/feed room. There are numerous pens, turnout areas, and shelters along with a stream-fed pasture. Easy trailering to Dawson Butte and other parks for riding. The property is currently divided into 2 parcels, (11.93 acres with improvements and the other, 5 acres of vacant land) however both parcels are in the process of being combined with a new legal description to be assigned for a total of 16.93 acres. Douglas County currently allows two boarded horses and up to two horses per acre of your own, without a Use By Special Review permit. Or, perhaps you might have another creative purpose for this land and facility?

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
4/25/2023$1,800,000$1,749,000-2.8%
5/24/2023$1,749,000$1,650,000-5.7%
9/27/2023$1,650,000$1,599,000-3.1%
11/10/2023$1,599,000$1,425,000-10.9%

Community Information

Address:873 Lake Gulch Rd, Castle Rock, CO 80104
County:Douglas
City:Castle Rock
Neighborhood:Castle Rock
Zip Code:80104

School Information

School District:Douglas RE-1
High School:Douglas County
Middle School:Mesa
Elementary School:South Ridge

Architecture

Bedrooms: 4
Bathrooms: 2 Full / 1 Half
Year Built:1972
Stories:Multi/Split
Style:Multi-Level,House
Construction Materials: Brick, Frame
Roof: Composition
Foundation: Slab
Basement: Full
Garage Spaces: 4

Features / Amenities

Interior Features: Eat-in Kitchen, Five Piece Bath, Granite Counters, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Microwave, Range Hood, Refrigerator
Fireplace Features: Family Room, Primary Bedroom, Wood Burning
Fireplaces Total: 2
Flooring: Carpet, Wood Floors
Exterior Features: Garden, Rain Gutters, Spa/Hot Tub
Patio And Porch: Front Porch, Patio
Window: Double Pane Windows
Direction Faces: Northwest
Parking Total: 4
Heating: Forced Air, Propane

Square Footage

Finished Sq. Ft.
Above Grade 2154
Below Grade 624
Total 2778

Rooms

LevelSize
Family RoomLower
Bathroom (1/2)Lower
Dining RoomMain12 X 12
BedroomMain
Primary Bathroom (Full)Main
Primary BedroomMain23 X 23
KitchenMain13 X 14
Bathroom (Full)Upper
BedroomUpper
BedroomUpper

Property Features

Lot Size: 16.93 Acres / 737,471 Sq. Ft.
Lot Features: Sloped, Sprinklers In Front, Sprinklers In Rear
Horse Amenities: Loafing Shed, Paddocks, Water - Stream/Spring, Well Allows For
Waterfront: Stream
View: City View, Mountain(s)
Sewer: Septic Tank
Water: Well
Electric: 220 Volts
Road Frontage: Public
Road Surface: Paved
Fencing: Fenced Pasture, Partial
Zoning:RR
Directions:Plum Creek Parkway to Lake Gulch Rd. Turn south and property will be on your right about 1/2 a mile.

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $3,964
Ownership: Individual
Contingency: None Known
Listing Terms: Cash, Conventional, Jumbo
Legal Description: A PARCEL OF PROPERTY BEING PART OF THE NORTH HALF OF SECTION 13, TOWNSHIP 8 SOUTH, RANGE 67 WEST OF THE 6TH P.M., COUNTY OF DOUGLAS, STATE OF COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE N

Listing Office

Listing provided courtesy of RE/MAX Professionals.

Schools

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Listing Information Last Updated 3/28/2024
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