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Land with Home for Sale in Fountain, Colorado

16990 Old Pueblo Rd, Fountain, CO 80817

$3,750,000
200 acres
Active sale
$100k drop
Est $19,320/mo

Cottonwood Ranch on Fountain Creek

One of Colorado's most distinctive legacy ranches is now offered in its entirety. Situated on approximately 200 acres with nearly one mile of Fountain Creek frontage, this exceptional property combines luxury living, premier equestrian infrastructure, income-producing residences, recreational amenities, and exceptional versatility approximately 20 minutes south of downtown Colorado Springs.

The Spanish-inspired main residence offers 6 bedrooms, 4 bathrooms, an updated kitchen with double ovens and a generous pantry, generous entertaining spaces, two fireplaces, a stone-coated steel roof, heated bathroom floors, built-in central vacuum, a 25,000-gallon indoor heated pool, and a private Trex deck with hot tub overlooking the ranch with sweeping mountain views.

Two additional remodeled residences — a 5-bedroom, 2.5-bath home and a 3-bedroom, 1-bath home — provide exceptional flexibility for rental income, guest accommodations, staff housing, or multigenerational living.

Designed for serious equestrian use, the property features a 15,000+ sq ft indoor riding arena with 12 attached stalls, tack room, office/apartment, kitchen, restroom, laundry room, a separate 19-stall barn, outdoor arena, round pens, fenced pastures, a 1,200 sq ft workshop, multiple operational wells including a high-capacity agricultural well, established riding and recreational trail systems, abundant wildlife, mature cottonwood groves, and exceptional privacy. Conveniently located just off I-25 and across from Pikes Peak International Raceway, the property offers outstanding accessibility while preserving the privacy and feel of a secluded ranch retreat.

Whether envisioned as a private luxury ranch, premier equestrian operation, recreational retreat, multigenerational estate, investment property, or long-term land holding, properties offering this combination of scale, water, infrastructure, income potential, and location rarely come to market.

3,631
Sq feet
6
Beds
3
Full baths
1
1/2 bath
1973
Built
  • Listed by Christopher Collins, (720) 717-9030, Grant Real Estate Company

Location

Street address
16990 Old Pueblo Rd
Zip code
80817
School district
Prairie RE-11
Elevation
5,339 feet
Coordinates
38.5898, -104.6651

Property details

Acreage
200 acres
Zoning
A-5 RR-5
Access
Private road
MLS #
REcolorado 1737159
Posted

Property taxes

2024
$1,921

Parcels

  • 57000-00-150

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Current Use
Agricultural, Live/Work
Ownership
Individual
Terms
1031 Exchange, Cash, Conventional, FHA, Jumbo, Owner Will Carry, USDA Loan, VA Loan
Exclusions
Seller's Personal Property

Lot

Vegetation
Cleared, Grassed, Heavily Wooded, Mixed, Partially Wooded
Road Frontage
Private Road
Road Surface
Dirt, Gravel
Waterfront
Waterfront
Features
Landscaped, Many Trees, Meadow, Protected Watershed, Subdividable

Exterior

Parking Spaces
2
Parking
Concrete
Garage
Attached
Fencing
Fenced Pasture
Horses Allowed
Yes
Equestrian
Arena, Chutes, Pasture, Round Pen, Water-Stream/Spring, Well Allows For
Pool
Indoor
Outdoor Spaces
Covered, Deck, Front Porch, Patio
Features
Balcony, Gas Grill, Lighting, Spa/Hot Tub, Water Feature

Structure

Type
House
Style
Spanish
Levels
Two
Water
Shared Well, Well
Sewer
Septic Tank
Heating
Baseboard, Hot Water, Radiant Floor, Steam
Cooling
Central Air
Materials
Adobe
Roof
Metal, Stone-Coated Steel
Windows
Bay Window(s), Double Pane Windows

Interior

Rooms
Bathroom Full x 3, Bathroom Half, Bedroom x 6
Flooring
Carpet, Vinyl, Wood
Fireplaces
Bedroom, Family Room
Appliances
Dishwasher, Disposal, Double Oven, Freezer, Microwave, Refrigerator
Laundry
Laundry Closet
Features
Central Vacuum, Eat-In Kitchen, Kitchen Island, Marble Counters, Pantry, Wet Bar

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected
WaterShared WellConnected

Nearby schools

NameTypeDistrict
PrairieElementaryPrairie RE-11
Prairie JR/SrMiddlePrairie RE-11
Prairie JR/SrHighPrairie RE-11

Listing history

DateEventPriceChangeSource
July 15, 2026Relisted$3,750,000REcolorado
July 3, 2026Listing removed$2,000,000Listing agent
June 20, 2026Price drop$2,000,000$100,000 -4.8%REcolorado
Apr 19, 2026New listing$2,100,000REcolorado
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This 200-acre property is located at 16990 Old Pueblo Rd in Fountain, CO 80817. The property is available for sale, priced at $3,750,000. It has a 3,631 square foot 6-bedroom, 3.5-bath house built in 1973.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of July 20, 2026 7:00 am 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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