Discover a rare opportunity to own one of the most iconic equestrian estates on the edge of Black Forest — the renowned Rhinestone Ranch. Spanning 38 acres, this exceptional property offers an unparalleled blend of rural living, premier horse facilities, and versatile commercial and/or personal-use potential. The main residence features 4,000+ sq ft with 5 bedrooms, 4 baths, a walkout basement, covered patios and decks with breath-taking Pikes Peak Views and convenient laundry areas on both levels. A massive 14,000+ sq ft heated shop/barn includes a 1 bed/1 bath apartment, a 3-room office with 2 baths and separate entrance, two additional baths and laundry area, and a 6-stall barn complete with indoor and outdoor wash bays and tack rooms. Additional facilities include a 2-stall vintage barn with tack room, an equestrian round pen, a 36x40 heated shop with ¾ bath and entertainment patio, a 24x40 shop with overhead door, and an implement/trailer area featuring 3 Connexes and a 40x44 covered storage area. The property also has a two-story announcer’s crow’s nest/playhouse and a large flat area ideal for building an indoor or outdoor roping or racing arena. Fully fenced with access from both Rex and Goodson Roads, it includes multiple frost-free hydrants, 50-amp hookups, and RV dump stations—designed to support ranching, equestrian events, RV camping, horse boarding, or future subdivision development. Enjoy peaceful rural living while remaining close to schools, shopping, and amenities. Convenient access to Hwy 83, I-25, and the Air Force Academy through Black Forest; and Peterson SFB, Schriever SFB, and Fort Carson via Falcon and Hwy 24. A property of this scale, function, and prestige is truly once in a lifetime.
Pending
$1,500,000
10950 Rex Rd, Peyton, CO 80831
5beds
4,022sqft
Est.:
Single Family Residence
Built in 1993
37.95 Acres Lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
Walkout basementEquestrian round penMultiple frost-free hydrants
- 63 days |
- 384 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 03:28am
Listed by:
Ashley Wilson ABR MRP 719-440-1596,
Real Broker, LLC DBA Real
Source: Pikes Peak MLS,MLS#: 3891257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Other
- Level: Main
- Area: 288 Square Feet
- Dimensions: 16 x 18
Heating
- Baseboard, Electric, Hot Water, Passive Solar, Radiant
Cooling
- Ceiling Fan(s)
Appliances
- Included: 220v in Kitchen, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Trash Compactor
- Laundry: In Basement, Common Area, In Garage
Features
- 6-Panel Doors, 9Ft + Ceilings, French Doors, Great Room, Skylight (s), Vaulted Ceiling(s), Pantry
- Flooring: Ceramic Tile, Wood Laminate
- Basement: Full,Partially Finished
- Has fireplace: Yes
- Fireplace features: Free Standing
Interior area
- Total structure area: 4,022
- Total interior livable area: 4,022 sqft
- Finished area above ground: 2,018
- Finished area below ground: 2,004
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Attached, Detached, Tandem, Drive Through, Even with Main Level, Garage Door Opener, Heated Garage, Oversized, RV Garage, Workshop in Garage, See Remarks, Paved Driveway, RV Access/Parking
- Attached garage spaces: 14
Features
- Patio & porch: Concrete, Covered, Enclosed, Wood Deck
- Has spa: Yes
- Spa features: Hot Tub/Spa
- Fencing: Full
- Has view: Yes
- View description: Panoramic, Mountain(s), View of Pikes Peak
Lot
- Size: 37.95 Acres
- Features: Corner Lot, Rural, Sloped, Near Fire Station, Near Park, Near Schools, Horses (Zoned), Horses(Zoned for 2 or more), Landscaped
Details
- Additional structures: Barn(s), Workshop, Stable(s), Storage, Other
- Parcel number: 5224000008
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Frame
- Foundation: Walk Out
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1993
Utilities & green energy
- Electric: 220 Volts in Garage
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Propane
Community & HOA
Community
- Security: Security System
Location
- Region: Peyton
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $772,061
- Annual tax amount: $4,792
- Date on market: 11/14/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Pending sale | $1,500,000$373/sqft |
Source:  Pikes Peak MLS #3891257 Report a problem | ||
| 11/14/2025 | Listed for sale | $1,500,000+300%$373/sqft |
Source: Pikes Peak MLS #3891257 Report a problem | ||
| 7/6/2000 | Sold | $375,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,672 +27.5% | $70,400 |
| 2023 | $3,664 -3.8% | $70,400 +33.4% |
| 2022 | $3,810 | $52,780 -2.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,524/mo
Principal & interest
$7436
Property taxes
$563
Home insurance
$525
Climate risks
Neighborhood: 80831
Nearby schools
GreatSchools rating
- 6/10BENNETT RANCH ELEMENTARY SCHOOLGrades: PK-5Distance: 1.2 mi
- 5/10Falcon Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Falcon High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- District: District 49
Source: Pikes Peak MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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