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Land for Sale in Castle Rock, Colorado

450 E Happy Canyon Rd, Castle Rock, CO 80108

$2,995,000
5.37 acres
Active sale
Est $20,598/mo

A standout 5+ acre opportunity in The Castle Pines Village Corridor -offering the lowest price per square foot at just $12.80 for the lot and netting under $7 per sqare foot with improvements that are in place. The 3 remaining lots in CPV range from $14-$53 a square foot. Enjoy the benefits of CPV with out the assessments, taxes, and HOA fees. Live in the existing guest home while you build your dream home, all behind a private gate with over $1M in improvements already in place. A rare and remarkable offering in the prestigious CPV corridor, surrounded by 105+ acres of open space. Huge plus, this is not a part of the Castle Pines HOA, so an additional dwelling unit can be built! This 5.37-acre estate property presents a once-in-a-lifetime opportunity to build your legacy. Surrounded by open space and over 500 mature ponderosa pines, the 360 views are both breathtaking and private, offering unobstructed Front Range views and an unmatched sense of serenity. No HOA, lower taxes, and the ability to walk to the PGA events at the golf courses at CVP elevate its appeal even further. This site allows for two homes, your forever home and guest home. Unlike most lots this one has gentle slopes giving you options on where you'd like to build your forever home/ guest home/ collector garage/ equestrian barn (a total of three building structures are allowed on the property).

This is the final 5+ acre parcel available in this coveted enclave. Wildlife, views, and absolute privacy just minutes to I-25, shopping, dining, and top-tier schools. The property includes a beautifully updated 2-bedroom, 1.5-bath guest house featuring an oversized garage, expansive wrap around deck, paved drive, and elevated finishes throughout. With a private well, septic system, and natural gas already in place, the home is fully functional as-is while you design and build your forever estate. This price is the lowest priced in the CPV corridor with the best 360 views!

Location

Street address
450 E Happy Canyon Rd
Zip code
80108
Community
Meyer Sub
School district
Douglas RE-1
Elevation
6,332 feet
Coordinates
39.443, -104.8802

Property details

Acreage
5.37 acres
Zoning
RR
MLS #
REcolorado 8132546
Posted

Property taxes

2024
$4,896

Parcels

  • R0389885

Legal description

Details and features

Listing

Type
Land
Subtype
Improved Land
Current Use
Residential
Ownership
Individual
Terms
Cash, Conventional, Jumbo
Exclusions
All Seller's Personal Property
Possession
Close Plus 45 Days, Closing/DOD

Lot

Vegetation
Grassed, Partially Wooded
Road Surface
Paved
Features
Greenbelt, Landscaped, Many Trees, Open Space, Secluded

Exterior

Parking Spaces
2
Garage
Attached

Structure

Water
Well
Sewer
Septic Tank

Property utilities

CategoryTypeStatus
SewageSeptic SystemAvailable
WaterPrivate WellAvailable

Listing history

DateEventPriceChangeSource
Apr 19, 2026New listing$2,995,000REcolorado
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This 5.37-acre property is located at 450 E Happy Canyon Rd in Castle Rock, CO 80108. The land is available for sale, priced at $2,995,000 — $557,728 per acre.

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REcolorado

Based on information submitted to the MLS GRID as of July 18, 2026 1:00 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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