1151 Castlewood Place
Franktown, CO 80116
Map
- 3 beds
- 3 baths
- 2,040 sqft
- ~10 acre lot
- $360 per sqft
- 1977 build
- – on site
Investor Special 70% ARV! Fixer Upper! Fix and Flip Opportunity! Bring your vision to this prime Franktown property nestled on 10 beautiful acres at the end of a quiet cul-de-sac—just 10 minutes to both Castle Rock and Parker, with unbeatable access to Parker Rd and Hwy 86. Surrounded by open space and backing to the stunning rock outcroppings of Castlewood Canyon, the potential here is endless. The home needs a full gut remodel inside, making it the perfect canvas for your next fix and flip. Major upgrades already done include a BRAND NEW well, new leach field, and new Class 4 impact-resistant roof and gutters—huge value adds for any investor. The property is fully fenced and horse-ready with a 4-stall barn, pasture space, and room to roam. The upper level features vaulted ceilings in the living room, 3 bedrooms, and 2 full bathrooms—including a primary suite with attached bath and dual closets. Downstairs, there's a partially finished basement with an exterior entrance, additional room, and bathroom that was previously used as an office—ready to be transformed. You'll also find an oversized 2-car attached garage for added convenience. Whether you're looking for a rural retreat to renovate or a standout investment project, this is the one. Investor special, fixer upper, and fix-and-flip buyers—don’t miss it!DO NOT USE STAIRS GOING UP TO DECK. Please enter thought the door in the back of the home. This home was left as an active construction zone, please use caution when showing the home. All offers due Monday, June 16th.
Last checked:
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Last updated Jun 13, 2025
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MLS# 3238309 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1977
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Construction Materials:Wood Siding
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Building Area Total:2702
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Building Area Source:Public Records
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Structure Type:House
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Roof:Composition
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Levels:One
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Basement:true
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Patio And Porch Features:Covered, Deck
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Above Grade Finished Area:1378
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Below Grade Finished Area:662
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Property Attached:false
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Below Grade Unfinished Area:662
Interior
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Fireplaces Total:2
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Fireplace Features:Basement, Living Room, Wood Burning
Room Dimensions
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Living Area:2040
Financial & Terms
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Ownership:Individual
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Possession:Closing/DOD
Location
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Latitude:39.3794809
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Longitude:-104.7830074
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:R0039458
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Zoning:LRR
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Lot Features:Cul-De-Sac
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Lot Size Area:10.44
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Lot Size Acres:10.44
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Lot Size SqFt:454,766 Sqft
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Lot Size Units:Acres
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Exclusions:None
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Horse:true
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Road Surface Type:Dirt
Listing Agent
- Contact info:
- Agent phone:
- (720) 333-7116
- Office phone:
- (888) 440-2724
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,050
Beds
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Bedrooms Total:3
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Main Level Bedrooms:3
Baths
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Total Baths:3
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Full Baths:1
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Three Quarter Baths:1
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Half Baths:1
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Main Level Baths:2
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Basement Level Baths:1
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected
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Sewer:Septic Tank
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Water Included:Yes
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Water Source:Well
Appliances
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Appliances:Dishwasher, Microwave, Oven, Range
Schools
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Elementary School:Franktown
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Elementary School District:Douglas RE-1
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Middle Or Junior School:Sagewood
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Middle Or Junior School District:Douglas RE-1
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High School:Ponderosa
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High School District:Douglas RE-1
The Community
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Subdivision Name:Castlewood North
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Association:false
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Senior Community:false
Parking
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Parking Total:2
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Parking Features:Asphalt
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Attached Garage:true
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Garage Spaces:2
Monthly cost estimate
Asking price
$735,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,935
|
| Taxes | $337 |
| Insurance | $202 |
| Utilities | $149 See report |
| Total | $4,623/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
