The Reserve at Cottonwood Acres | 200 Acres
Where Legacy Meets Lifestyle on the Banks of Fountain Creek
20 Minutes South of Colorado Springs | Across from Pikes Peak International Raceway
An extraordinary 200-acre waterfront estate offering panoramic views of Pikes Peak, rare zoning flexibility, income-producing infrastructure, and unmatched recreational assets—positioned just minutes from I-25, COS airport, and one of Colorado’s most dynamic high-end real estate markets.
At its heart: a fully renovated 6-bedroom, 3.5-bath main residence featuring a 25,000-gallon indoor heated pool, Trex rooftop deck with hot tub, and a spa-style primary suite with fireplace, walk-in closet, and luxury bath. The chef’s kitchen includes double ovens, high-end finishes, a walk-in pantry, wet bar, with space for an extra freezer.
Two additional remodeled homes (3BR and 5BR) offer rental income, guest quarters, or multigenerational living.
Equestrian infrastructure is extensive: a full-size indoor riding arena, 30+ stalls, multiple round pens, fenced pastures, and a horse boarding campus with offices, restrooms, kitchen, locker room, and even an announcer stand—ideal for clinics, events, or high-volume boarding operations.
Outdoor revenue opportunities include 7+ miles of monetized dirt bike/recreational trails, 60+ irrigated acres (currently fallow), and Colorado Landowner Preference eligibility for big game hunting. Abundant water access includes three residential wells and one high-output agricultural well.
With luxury sales up 90.3% YoY(March 2025) in El Paso County, Cottonwood Acres Ranch offers unrivaled scale, land utility, and lifestyle appeal—equally suited for private ownership, investment, equestrian enterprise, or commercial retreat development.
Experience the legacy. Stand on the deck. See the peak. Feel what’s possible.
For sale
$3,850,000
16990 Old Pueblo Road, Fountain, CO 80817
6beds
3,631sqft
Est.:
Single Family Residence
Built in 1973
200 Acres Lot
$3,660,800 Zestimate®
$1,060/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 721 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:22pm
Listed by:
Christopher Collins 720-717-9030 cc@grantrealestate.net,
Grant Real Estate Company,
Tanner Schuetz 941-224-1622,
Grant Real Estate Company
Source: REcolorado,MLS#: 2014449

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Primary bedroom
- Description: With Coffee/Wet Bar And Walkout Access To Rooftop Deck
- Level: Upper
Bedroom
- Level: Main
Bedroom
- Description: Currently Used As Office Space
- Level: Main
Bedroom
- Level: Main
Bedroom
- Description: Guest Bedroom
- Level: Main
Bedroom
- Level: Main
Primary bathroom
- Description: Full Bathroom With His And Her's Vanities
- Level: Upper
Bathroom
- Description: Powder Bathroom For Guest Use
- Level: Main
Bathroom
- Description: Guest Bathroom
- Level: Main
Bathroom
- Description: Shared Bathroom With Double Vanity
- Level: Main
Dining room
- Description: Dining Room With Walkout Access To Terrace Space
- Level: Main
Family room
- Description: Featuring A Beautiful Fireplace, Pool Table And Wet Bar
- Level: Main
Kitchen
- Description: Full Kitchen With Walk-In Pantry
- Level: Main
Laundry
- Description: Laundry And Mud Space With Utility Sink
- Level: Main
Living room
- Level: Main
Loft
- Description: Loft With Bookshelf And Reading Nook
- Level: Upper
Mud room
- Description: Breezeway From Front Door That Connects Both Family Rooms
- Level: Main
Sun room
- Description: Indoor Pool With Diving Board
- Level: Main
Heating
- Baseboard, Forced Air, Steam
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
Features
- Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Smoke Free, Walk-In Closet(s)
- Windows: Bay Window(s), Double Pane Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room, Master Bedroom, Wood Burning
Interior area
- Total structure area: 3,631
- Total interior livable area: 3,631 sqft
- Finished area above ground: 3,631
Property
Parking
- Total spaces: 17
- Parking features: Circular Driveway, Concrete, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Off Street Spaces: 10, RV Spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Barbecue, Water Feature
- Pool features: Indoor
- Has spa: Yes
- Spa features: Spa/Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Water
- Has water view: Yes
- Water view: Water
- Waterfront features: River Front, Stream, Waterfront
Lot
- Size: 200 Acres
- Features: Foothills, Irrigated, Landscaped, Many Trees, Meadow, Open Space, Protected Watershed, Secluded, Suitable For Grazing
Details
- Parcel number: 5700000150
- Zoning: A-5 RR-5
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Arena, Corral(s), Pasture, Round Pen, Water - Stream/Spring, Well Allows For
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Adobe, Frame
- Roof: Metal,Spanish Tile
Condition
- Year built: 1973
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Subdivision: Fountain Creek
HOA
- Has HOA: No
Location
- Region: Fountain
Financial & listing details
- Price per square foot: $1,060/sqft
- Tax assessed value: $165,692
- Annual tax amount: $2,386
- Date on market: 5/27/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,Owner Will Carry,Private Financing Available,USDA Loan,VA Loan
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Loading
- Loading