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Land with Home for Sale in Franktown, Colorado

1045 Castlewood Dr, Franktown, CO 80116

$799,000
10.6 acres
Coming soon
ago
Est $4,409/mo

Welcome to 1045 Castlewood Drive—an exceptionally located 10.58-acre offering in Castlewood North, a sought-after Franktown acreage community with where new listings are infrequent, and opportunities are rare! Framed by sweeping vistas, this property offers the true rural lifestyle, yet is just minutes away from, and equidistant to, the thriving towns of Castle Rock and Parker, and the suburban lifestyle these towns offer including restaurants, shopping, plentiful parks and trails, and thriving local businesses! This traditional 4 bed/3 bath ranch has been thoughtfully refreshed on the upper level with new interior paint, new carpet, and updated main-level bathrooms. The walk-out lower level presents a compelling canvas for reimagined spaces, with a large family room, an office/bedroom, a 3/4 bath, and plenty of unfinished space for storage. Key exterior improvements include a 2023 Class 4 impact-resistant roof, gutters, and fresh exterior paint on both the residence and the outbuilding/barn, providing peace of mind and lasting value. What truly distinguishes this property is the land itself—10.58 acres of usable space with expansive views and remarkable versatility. Zoned LRR with no HOA, Castlewood North allows for a range of lifestyle possibilities, from equestrian use and hobby farming to enhanced outdoor living, or simply preserving the current home and the privacy and openness of the setting. The potential and possibilities of what CAN be are endless! Castlewood Canyon State Park, with abundant trails, recreational areas, and breathtaking views, is a 5 minute drive right down the street! The property is also within the highly regarded Douglas County School District, and multiple private academies and charter schools are within a reasonable driving distance. 10.58 acres. A walk out ranch home. Expansive views. Offered below $800,000, this rare combination of land, location, and potential is a listing you don't want to miss!

2,295
Sq feet
4
Beds
1
Full bath
2
3/4 baths
1975
Built

Location

Street address
1045 Castlewood Dr
Zip code
80116
Community
Castlewood North
School district
Douglas RE-1
Elevation
6,168 feet
Coordinates
39.3843, -104.7683

Property details

Acreage
10.58 acres
Zoning
LRR
MLS #
REcolorado 7681770
Posted
Available

Property taxes

2025
$3,915

Parcels

  • R0043836

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Estate
Terms
Cash, Conventional, FHA, VA Loan
Exclusions
None.
Possession
Negotiable

Lot

Well Type
Operational
Well Usage
Domestic
Well Permits
TBD
Features
Meadow

Exterior

Parking Spaces
2
Garage
Attached
Outdoor Spaces
Front Porch, Patio

Structure

Type
House
Style
Traditional
Levels
One
Basement
Full, Walk-Out Access
Water
Well
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
Materials
Frame
Roof
Composition

Interior

Above Grade
1,433 sq ft
Below Grade
862 sq ft
Rooms
Bathroom Full, Bathroom Three Quarter x 2, Bedroom x 4, Dining Room, Family Room, Great Room, Kitchen
Flooring
Carpet
Fireplace Count
1
Appliances
Cooktop, Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
Security
Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell
Features
Ceiling Fan(s)

Property utilities

CategoryTypeStatus
SewageSewerConnected
WaterPrivate WellConnected

Nearby schools

NameTypeDistrict
FranktownElementaryDouglas RE-1
SagewoodMiddleDouglas RE-1
PonderosaHighDouglas RE-1

Listing history

DateEventPriceChangeSource
Aug 20, 2026New listing$799,000REcolorado
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This 10.58-acre property is located at 1045 Castlewood Dr in Franktown, CO 80116. The property is coming soon. It has a 2,295 square foot 4-bedroom, 3-bath house built in 1975.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Aug 20, 2026 11:00 pm MT. 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. Some IDX listings have been excluded from this website. View more

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