Address
5053 N Crowfoot Valley Road, Castle Rock, CO
Price
$ 10,800,000
Property Attributes
  • MLS#7924849
  • TypeLand
  • CountyDOUGLAS
  • CityCastle Rock
  • NeighborhoodOak Ridge
  • Zip80108
  • Style
  • Taxes$ 4243
  • Price$ 10,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size78.67 Acres
Data Source:
REColorado (MTOMLS)
Property Description

EXPANSIVE 78.67 ACRES IN CASTLE ROCK READY FOR DEVELOPMENT: Across the street from Macanta, a large multi- developer community with trails and open space in Castle Rock, a fantastic opportunity to own two residential lots totaling 78.67 acres is ready for a buyer to develop. With more than half the property zoned as AG Zone 1, low, non-residential taxes of just $6k/year are paid. Many options are available for this land, including; keeping it as-is for a long-term investment, building a dream ranch close to the booming city of Castle Rock, developing it into 10-acre luxury lots, or rezoning it for an impactful new subdivision. Fully fenced with a cattle reservoir and currently used for cattle grazing, this unique property consists of rolling hills, rock and tree outcroppings, and easy access to Castle Rock via Crowfoot Valley Road. Enjoy the existing homes and multiple outbuildings currently on the estate during property development or rezoning exploration. Get ahead of the upcoming Crowfoot Valley expansion Douglas County has in its Master Plan by purchasing this lot which runs right through the heart of the expansion.

Price History
11/3/2023 Listed $8,250,000

General Features

Sewer Septic Tank
Zoning AG1
Exclusions Car Lift In Garge,Shaft Driven Garage Door Openers,Seller`s personal property
Property SubType Improved Land
Tax Year 2022
Percent Ownership Individual
County Douglas
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name Oak Ridge
Status Active
City Castle Rock
High School District Douglas RE-1
Lot Size Square Feet 3426865.2
Street Name Crowfoot Valley
Listing Terms Cash,Conventional
Tax Annual Amount 4243
Virtual Tour https://gaston-photography.view.property/2192161?a=1
Standard Status Active
Middle/Junior School District Douglas RE-1
Elementary School District Douglas RE-1

Interior Features

Street Suffix Road

Exterior Features

Water Source Well
Lot Size Area 78.67
Lot Size Acres 78.67
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 80108

Price
AVG $1.95M
$10.8M
Taxes
AVG $4,505
$4,243
Visits
AVG 118
565
Data Provided by Inside Real Estate®