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Land with Home for Sale in Franktown, Colorado

590 Grey Squirrel Way, Franktown, CO 80116

$2,150,000
5.53 acres
Active sale
$75k drop
Est $11,240/mo

Welcome to 590 Grey Squirrel Way, an extraordinary gated equestrian retreat tucked within the highly sought-after Deerfield community in Franktown. Surrounded by towering pines and fully perimeter fenced, this private luxury estate offers the rare combination of usable acreage, upscale living, and a true Colorado ranch lifestyle just minutes from city conveniences. Designed with horse enthusiasts and outdoor living in mind, the property is fully equipped for your hobby farm or equestrian dreams with a 2 stall barn complete with feed room and automatic waterer, dedicated chicken coop, fenced pasture areas, and an established garden space ready for seasonal harvests.

The thoughtfully designed home embraces seamless indoor outdoor living with expansive entertaining spaces, peaceful forest views, and six fireplaces creating warmth and character throughout. All three upstairs bedrooms in the main residence are private en suites, including a luxurious primary retreat featuring its own fireplace, private balcony, and spa inspired five piece bath with oversized shower. The finished basement includes a fourth bedroom and three quarter bath, offering flexibility for guests, multi generational living, or extended stays.

Car collectors, hobbyists, and entrepreneurs will appreciate the five garage spaces, including a two car attached garage with newly coated flooring plus an oversized three car garage below the carriage house. The carriage house also features a workshop, private office, and additional half bath. Upstairs, approximately 1,891 finished square feet provide loft style guest quarters with two bedrooms and one bathroom, creating endless possibilities for visitors, caretakers, or private living space.

Adding even more long term value, the property includes adjudicated water rights and a fully gated entrance for added privacy.

5,515
Sq feet
4
Beds
3
Full baths
1
3/4 bath
1
1/2 bath
1984
Built

Location

Street address
590 Grey Squirrel Way
Zip code
80116
Community
Deerfield
School district
Douglas RE-1
Elevation
6,496 feet
Coordinates
39.3536, -104.699

Property details

Acreage
5.53 acres
Zoning
RR
MLS #
REcolorado 3157337
Posted

Property taxes

2025
$11,106

Expenses

Homeowner Association Fee
$300 annually

Parcels

  • R0298644

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Individual
Terms
Cash, Conventional, Jumbo, VA Loan
Exclusions
Seller's Personal Property
Possession
Negotiable

Community

Association
Deerfield Homeowners

Lot

Road Surface
Paved
Well Type
Private
Well Usage
Domestic
Well Permits
133351
Rights
Water Rights

Exterior

Parking Spaces
5
Parking
Asphalt, Circular Driveway, Floor Coating, Heated Garage
Garage
Attached
Fencing
Full
Outdoor Spaces
Covered, Deck, Front Porch, Patio, Wrap Around
Features
Balcony

Structure

Type
House
Condition
Updated/Remodeled
Levels
Two
Basement
Finished, Partial
Water
Well
Sewer
Septic Tank
Heating
Forced Air
Cooling
Central Air
Materials
Cement Siding, Frame
Roof
Shake
Windows
Double Pane Windows

Interior

Above Grade
4,298 sq ft
Below Grade
1,217 sq ft
Rooms
Bathroom Full x 4, Bathroom Half x 2, Bathroom Three Quarter, Bedroom x 6, Bonus Room, Dining Room, Family Room x 2, Kitchen x 2, Laundry, Living Room, Office x 2
Flooring
Carpet, Tile, Wood
Fireplace Count
6
Fireplaces
Dining Room, Family Room, Living Room, Primary Bedroom, Recreation Room
Appliances
Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry
Sink
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Features
Entrance Foyer, Five Piece Bath, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
May 13, 2026Price drop$2,150,000$75,000 -3.4%REcolorado
Apr 28, 2026Back on market$2,225,000REcolorado
Apr 19, 2026New listing$2,225,000REcolorado
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This 5.53-acre property is located at 590 Grey Squirrel Way in Franktown, CO 80116. The property is available for sale for $2,150,000. It has a 5,515 sq ft 4 bedroom, 3 bath house built in 1984.

Checked 2 hours agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of June 3, 2026 3:00 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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