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1151 Castlewood Place, Franktown, CO – $735,000

  • 3 Beds
  • 3 Baths
  • 2,040 Sqft
  • 10.44 Acres
  • 3 Beds
  • 3 Baths
  • 2,040 Sqft
  • 10.44 Acres

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1151 Castlewood Place

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.

Listing Office: eXp Realty, LLC

Essential Information

  • MLS® #3238309
  • Price$735,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths1
  • Half Baths1
  • Square Footage2,040
  • Acres10.44
  • Year Built1977
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusPending

Community Information

  • Address1151 Castlewood Place
  • SubdivisionCastlewood North
  • CityFranktown
  • CountyDouglas
  • StateCO
  • Zip Code80116

Amenities

  • Parking Spaces2
  • ParkingAsphalt
  • # of Garages2

Utilities

Electricity Connected, Natural Gas Connected

Interior

  • HeatingBaseboard
  • CoolingNone
  • FireplaceYes
  • # of Fireplaces2
  • StoriesOne

Appliances

Dishwasher, Microwave, Oven, Range

Fireplaces

Basement, Living Room, Wood Burning

Exterior

  • Lot DescriptionCul-De-Sac
  • RoofComposition

School Information

  • DistrictDouglas RE-1
  • ElementaryFranktown
  • MiddleSagewood
  • HighPonderosa

Additional Information

  • Date ListedJune 12th, 2025
  • ZoningLRR

Listing Details

  • eXp Realty, LLC
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Listing information last updated on June 18th, 2025 at 2:04pm MDT.