Overview

Investment opportunity! This property has architectural and construction plans, permits, feasibility studies, zoning sign off and a complete proforma to be a 16 bed, 16 bath assisted living facility. Potential monthly cash flow over 30K by month 11 without the owners as staff. The well has been re-designated for commercial use at 30gpm. Plans include total remodeling of the house as well as water storage for fire sprinklers and complete septic replacement. Sprawling ranch with open floor plan, vaulted ceilings throughout, private entrance walkout basement with kitchen on 10+ acres. Great mountain views in the 600+ square feet sun/pool room with a hot tub and endless pool. The southern exposure is filled with windows for passive solar in the winter months. The 2 stall barn with water and electric can easily fit another stall or be converted to something else. Douglas County has indicated they will allow another house to be built if the property is subdivided.

Location

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Neighborhood

Terrain

Terrain (32)

Property Details

  • Days on PL 57
  • Parking 3 Spaces
  • Lot Size 469,577 SF (10 Acres)
  • PSF $181
  • MLS ID 9905837
  • Type Income
  • Style
  • Architecture Contemporary
  • Structure Type Ranch/1 Story
  • Seller Corporation/Trust
  • Above Grade sqft 2,958 SF
  • Finished sqft 4,688 FSF
  • Total sqft 5,304 TSF
  • Hoa Fees None
  • Year Built 1989
  • Faces
  • Amenities

Additional Details

  • City Castle Rock
  • School Districts
  • Elementary School Sage Canyon
  • Junior High School Mesa
  • High School Douglas County
  • Zoned RR
  • Taxes $3,389
  • County Douglas
  • Heat Delivery
  • Heat Fuel
  • Cooling
  • Water
  • Sewer
  • Fireplaces
  • Basement Type Walk-Out
  • Basement Finished % 75%
  • Year of Construction 1989

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