Price Reduction - Views - Lease to Own
Address
1489 E Rim Road, Franktown, CO
Price
$ 3,995,000
Property Attributes
- MLS#8642474
- TypeSingle Family
- Listing Status Active
- CountyDOUGLAS
- CityFranktown
- NeighborhoodEast Rim Ranch
- Zip80116
- StyleTraditional
- Year Built2003
- Taxes$ 10723
- Price$ 3,995,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms2
- Sqr Footage9055
- Lot Size36.09 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Welcome to 1489 E. Rim Road, a true custom Colorado home built with exquisite craftsmanship and detail, located within a gated community. This equestrian estate spans 36 acres bordering Castlewood Canyon State Park and offers expansive, direct views of Pikes Peak. Inside, you’ll find real hardwood floors throughout, a main-level primary suite with a fireplace and stunning Pikes Peak views, a chef’s kitchen with custom cabinetry, Wolf appliances, a butler’s pantry, a bright breakfast nook, and a cozy hearth room with its own fireplace. The main living area is anchored by a dramatic floor-to-ceiling stone fireplace, while the craftsman-style office off the entry creates the perfect setting for a whiskey lounge, sitting room, or private office. Upstairs, the home features three guest suites, along with an exercise/bonus room complete with a steam shower and Juliet balcony. The basement offers soaring ceilings, two additional bedrooms, a media area, pool table space, a full wet bar, and a 3/4 bathroom — plus a sizable unfinished area with incredible potential for expanded living space. While the interior is exceptional, the outdoor living is truly the star of the show. Enjoy a fully stocked pond with a beach area, garden beds, and sweeping Colorado landscape views designed to embrace ranch-style living. Designed with the equestrian in mind, this property offers a thoughtfully curated and highly functional horse setup, including: -Insulated 4-stall barn with 12’ x 12’ stalls and attached runs -Automatic waterers for easy day-to-day management -Dutch doors to the exterior -Tack and storage room -Barn includes WiFi and security system -200’ x 100’ outdoor arena with sand footing -Direct access to East Rim Ranch trails from both the front and back of the property -Three rotating pastures with 2-strand, solar-powered electric fencing -Two loafing sheds -Conveniently located approximately 15 minutes from Colorado Horse Park
| Elementary School | Middle School | High School |
|---|---|---|
| Franktown Elementary School | Sagewood Middle School | Ponderosa High School |
| Price History | |
|---|---|
| 5/23/2026 | Listed $4,650,000 |
| 6/23/2026 | 4$4,495,000 |
| 7/9/2026 | 3$4,395,000 |
| 8/11/2026 | 5$4,195,000 |
| 9/3/2026 | 5$3,995,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air,Propane,Radiant |
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Connected,Internet Access (Wired),Phone Available,Propane |
| Possession | Closing/DOD |
| Roof | Shingle,Composition |
| Zoning | A1 |
| HOA Fee | 250 |
| Garage Spaces | 4 |
| Association Fee Includes | Maintenance Grounds,Recycling,Trash |
| Patio/Porch Features | Covered,Front Porch,Patio |
| Architectural Style | Traditional |
| Construction Materials | Cement Siding,Frame,Stone |
| Exclusions | All personal property and staging items including any and all equipment,vehicles,tools,the pool table in the basement,Arlo cameras and all additional security cameras,the mobile chicken coop,all anim |
| Pets Allowed | Yes |
| Year Built | 2003 |
| Electric | 220 Volts |
| View | Meadow,Mountain(s),Plains,Valley |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Agricultural,Live/Work,Livestock |
| Ownership | Individual |
| Waterfront Features | Pond |
| Assoc Fee Paid Per | Monthly |
| County | Douglas |
| Property Type | Residential |
| Association Amenities | Gated,Trail(s) |
| HOA | Yes |
| Attached Garage | Yes |
| Subdivision Name | East Rim Ranch |
| Facing Direction | Northeast |
| Full Baths | 4 |
| Status | Active |
| High School | Ponderosa |
| City | Franktown |
| Association Name | East Rim Ranch Property Owners Association HOA |
| Senior Community Y/N | No |
| High School District | Douglas RE-1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 1572080.4 |
| Listing Terms | 1031 Exchange,Cash,Conventional,Farm Service Agency,Jumbo,Lease Purchase,VA Loan |
| Spa Features | Steam Room |
| Elementary School | Franktown |
| Tax Annual Amount | 10723 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Sagewood |
| Virtual Tour | https://www.zillow.com/view-imx/4cf98dea-ab59-49b6-9590-d838070f6f6b?setAttribution=mls&wl=true&initialViewType=pano |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Douglas RE-1 |
| Elementary School District | Douglas RE-1 |
Interior Features
| Interior Amenities | Audio/Video Controls,Breakfast Bar,Built-in Features,Ceiling Fan(s),Central Vacuum,Eat-in Kitchen,Entrance Foyer,Five Piece Bath,Granite Counters,High Ceilings,Kitchen Island,Pantry,Primary Suite,Rad |
|---|---|
| Basement | Partial |
| Flooring | Carpet,Tile,Wood |
| Furnished Y/N | Unfurnished |
| Total Fireplaces | 4 |
| Fireplace Features | Bedroom,Kitchen,Living Room,Other |
| Basement (Y/N) | Yes |
| Window Features | Double Pane Windows,Window Coverings,Window Treatments |
| Above Grade Finished Area | 5609 |
| Half Baths | 2 |
| 3/4 Baths | 2 |
| Total Bedrooms | 6 |
| Below Grade Finished Area | 3446 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 3 |
| Total Baths | 8 |
Exterior Features
| Exterior Amenities | Balcony,Fire Pit,Garden,Lighting,Playground,Rain Gutters,Water Feature |
|---|---|
| Vegetation | Cleared,Grassed |
| Fencing | Fenced Pasture,Full |
| Parking Features | Concrete,Dry Walled,Finished Garage,Heated Garage,Insulated Garage |
| Lot Features | Borders Public Land,Landscaped,Meadow,Sprinklers In Front,Sprinklers In Rear,Suitable For Grazing |
| Water Source | Well |
| Total Parking | 4 |
| Lot Size Area | 36.09 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 9055 |
| Lot Size Acres | 36.09 |
| Road Surface Type | Paved |
| Road Frontage Type | Private Road |
| Road Responsibility | Private Maintained Road |
| Horse Y/N | Yes |
| Horse Amenities | Arena,Loafing Shed,Pasture,Tack Room,Well Allows For |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80116
Price
Taxes
Year Built
Visits
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