1151 Castlewood Place
Franktown, CO 80116
2702 sqft | 3 beds | 2.25 baths | 10.44 acres | #3238309

Description
Investor Special 70% ARV! Fixer Upper! Fix and Flip Opportunity!
Bring your vision to this prime Franktown property nestled on 10 beautiful acres at the end of a quiet cul-de-sac—just 10 minutes to both Castle Rock and Parker, with unbeatable access to Parker Rd and Hwy 86. Surrounded by open space and backing to the stunning rock outcroppings of Castlewood Canyon, the potential here is endless. The home needs a full gut remodel inside, making it the perfect canvas for your next fix and flip. Major upgrades already done include a BRAND NEW well, new leach field, and new Class 4 impact-resistant roof and gutters—huge value adds for any investor. The property is fully fenced and horse-ready with a 4-stall barn, pasture space, and room to roam. The upper level features vaulted ceilings in the living room, 3 bedrooms, and 2 full bathrooms—including a primary suite with attached bath and dual closets. Downstairs, there's a partially finished basement with an exterior entrance, additional room, and bathroom that was previously used as an office—ready to be transformed. You'll also find an oversized 2-car attached garage for added convenience. Whether you're looking for a rural retreat to renovate or a standout investment project, this is the one. Investor special, fixer upper, and fix-and-flip buyers—don’t miss it!DO NOT USE STAIRS GOING UP TO DECK. Please enter thought the door in the back of the home. This home was left as an active construction zone, please use caution when showing the home.
All offers due Monday, June 16th.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- BasementPartial, Walk-Out Access
- Property SubtypeSingle Family Residence
- SubdivisionCastlewood North
- School DistrictDouglas RE-1
- Sewer InformationSeptic Tank
- Lot DescriptionCul-De-Sac
- Elementary SchoolFranktown
- High SchoolPonderosa
- Property TypePurchase
- Middle SchoolSagewood
- Original List Price$735,000
- CountyDouglas
- MLS #3238309
- MLS #3238309
- Taxes Annual$4,050
- Cost735000
- Acres10.44
- Structure TypeHouse
- Bathrooms2.25
- Square Feet2702
- Year Built1977
- Utility SourceWell
- Fireplaces2
- Bedrooms3
- Full Baths1
- Half Baths1
- 3/4 Baths1
- Parking Spaces2
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Becky Clay (#REC55049102)
Listing Office: eXp Realty, LLC (#RECEXPCO)

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