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.
Sold for $735,000 on 07/03/25
$735,000
1151 Castlewood Place, Franktown, CO 80116
3beds
2,702sqft
Single Family Residence
Built in 1977
10.44 Acres Lot
$732,000 Zestimate®
$272/sqft
$3,820 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 11:39am
Listed by:
Becky Clay 720-333-7116 beckyclay.re@yahoo.com,
eXp Realty, LLC
Bought with:
Chad Barnard, 40027950
MB Barnard Realty LLC
Source: REcolorado,MLS#: 3238309

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Basement
Bathroom
- Level: Main
Bonus room
- Level: Basement
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Oven
Features
- Basement: Partial,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Basement, Living Room, Wood Burning
Interior area
- Total structure area: 2,702
- Total interior livable area: 2,702 sqft
- Finished area above ground: 1,378
- Finished area below ground: 662
Property
Parking
- Total spaces: 2
- Parking features: Asphalt
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
Lot
- Size: 10.44 Acres
- Features: Cul-De-Sac
Details
- Parcel number: R0039458
- Zoning: LRR
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Franktown
- Subdivision: Castlewood North
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Individual
- Road surface type: Dirt
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$732,000
2% more+ $14,640
With Zillow Showcase(estimated)
$746,640