5029 Garton Road Castle Rock, CO ^$ 5,000,000

5029 Garton Road

^$ 5,000,000

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5029 Garton Road

Castle Rock, CO, 80104

^$ 5,000,000

Studio Baths0.0 Sq 15,967

Monthly Estimate*

^$ 34,926

Listed by MASON & MORSE RANCH COMPANY

5029 Garton Road, Castle Rock, CO 80104 - Image 1

Studio

Multi-Family Home for sale in Castle Rock, CO

for $5,000,000. This 15,967 square foot home was built in 2004 on a lot size of 50.

This 50 acre end of the road property would serve well as a rental property suiting the equestrian minded tenant from a humid location such as Texas looking to get to a cooler climate for the summer with horses. With two homes; an 11,500 luxury home and a 4400 secondary home, the property has lots of rental options both year round and portions of the year. The four equestrian barns allow for a variety of rental options as well, suiting a trainer or different horse owners that want their own stall barn. The 5000 sf heated shop allows for multiple Class A or RV parking or storage. Highlighting the property is the estate quality home consisting of 11,262 square feet of living space, two garages with space for 5 cars, numerous outdoor living areas offering complete privacy. The custom rock and stucco exterior blends well with the home sited at the top of a rock ridge and opening to a pine tree covered draw providing spectacular views with the southeast facing orientation. The custom interior offers a warm inviting main floor living area which overlooks a large polished concrete outdoor patio with living area and an 8 person Marquis jacuzzi hot tub. The main entry has a beautiful foyer opening to a large sunken living room boasting a floor to ceiling rock fireplace, a gourmet kitchen, formal dining room, and main floor master bedroom complex. The home is adorned with knotty alder wood doors & trim complemented with oak flooring. The roomy basement provides a bedroom wing with 3 bedrooms (2 ensuite) as well as a living area with a rock fireplace, wet bar, gun room and theatre room. The second home offers a kitchen, living area and dining nook with a free-standing fireplace tastefully located along with 3 bedrooms and 3 bathrooms (master suite, jack& jill and hall powder room). The lower level offers a large open area with a living room and kitchen area, bedroom, bathroom, and bonus/gym area. The lower level has a walkout patio as a separate entrance.

Multi-Family Active

Price

^$ 5,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 19,633

Style

Traditional

Lot Size

Year Built

2004

Town/City

Castle Rock

County/Region

Douglas

MLS | Web ID

2746787

Features

General

Interior Features Audio/Video Controls Ceiling Fan(s) Entrance Foyer Five Piece Bath Granite Counters High Ceilings High Speed Internet In-Law Floor Plan Jack & Jill Bathroom Jet Action Tub Kitchen Island Open Floorpl

Sewer Septic Tank

Heating Active Solar Forced Air Radiant Floor

Cooling Air Conditioning-Room

Utilities Electricity Available Internet Access (Wired) Off Grid Phone Available Propane

Roof Architecural Shingle

Appliances Bar Fridge Convection Oven Cooktop Dishwasher Disposal Double Oven Down Draft Dryer Gas Water Heater Microwave Oven Range Range Hood Refrigerator Self Cleaning Oven Warming Drawer Washer Wine Cooler

Exterior Features Gas Grill Lighting Rain Gutters Spa/Hot Tub

Zoning A2

Garage Spaces 5

Patio/Porch Features Covered Deck Front Porch Patio

Architectural Style Traditional

Pool Features Outdoor Pool

Security Features Carbon Monoxide Detector(s) Radon Detector Security Entrance Security System

Construction Materials Adobe

Exclusions Turnkey option available.

Year Built 2004

Electric Phase 3

Tenant Pays Electricity Gas Internet Telephone Trash Collection

View Meadow Mountain(s) Plains Valley

Levels Two

Property SubType Duplex

Tax Year 2022

Current Use Livestock

Percent Ownership Corporation/Trust

County Douglas

Property Type Residential Income

HOA / Comm Assn N

Attached Garage Y

Subdivision Name Lake Gulch

Facing Direction Southeast

Status Active

Directions Southeast from Castle Rock on Lake Gulch Rd to Garton Road. South on Garton Road one quarter mile to the entry and then one mile to the end of the road.

High School Douglas County

City Castle Rock

Buyer Agent Compensation 2.8

Entry Location Ground

Senior Community Y/N N

High School District Douglas RE-1

Lot Size Square Feet 2178000

Carport Spaces 0

Street Name Garton

Listing Terms Cash Conventional

Elementary School South Ridge

Tax Annual Amount 19633

Middle/Junior High School Castle Rock

Property Condition Updated/Remodeled

Structure Type Duplex

Standard Status Active

Occupancy Description Owner

Middle/Junior School District Douglas RE-1

Elementary School District Douglas RE-1

Cap Rate 4.58

Interior

Basement Finished Full

Flooring Carpet Wood

Total Fireplaces 4

Fireplace Features Bedroom Family Room Gas

Common Walls No Common Walls

Basement (Y/N) Y

Above Grade Finished Area 10508

Street Suffix Road

Laundry Features Multiple Locations

Below Grade Finished Area 5211

Exterior

Fencing Fenced Pasture Full

Parking Features 220 Volts Asphalt Concrete

Lot Features Foothills Landscaped Meadow Rock Outcropping Secluded Sprinklers In Front Sprinklers In Rear Suitable For Grazing

Water Source Well

Total Parking 5

Lot Size Area 50

Building Area Total 15967

Lot Size Acres 50

Lot Size Units Acres

Other Equipment Home Theater Satellite Dish

Road Responsibility Private Maintained Road

Internal Only

Street Number 1 5029

* Excluded Features

List By

Mason & Morse Ranch Company

Broker

(877) 207-9700

Phone

Affordability Calculator

$36,563

Per Month

Monthly Principal & Interest: $34,926
Monthly Property Taxes: $1,636
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Castle Rock, CO

Average List Price ^$5,000,000

Percent of Sale Price 0%

About Castle Rock, CO

62,742 Population

192% Since 2002

^$95,735 Median Income

36.96 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

847820 Elementary School

732275 Middle School

Douglas County High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2023	$5,000,000		Listed Price

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5029 Garton Road, Castle Rock, CO, 80104 is a Multi-Family Home for sale at $5,000,000 with 15,967 sqft and a lot size of 50. 5029 Garton Road is a studio with 0.0 baths and was built in 2004. The property's zip code is 80104 which is in Castle Rock, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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5029 Garton Road

Multi-Family Home for sale in Castle Rock, CO

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