Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Horse Property with Rolling Acres Title is generated by Realmo AI

    15599 Arfsten Road, Larkspur, CO 80118

    View on Map
    Claim this Listing
    For Sale
    $549,900

    Rare 10.6-acre horse property with well and views.

    Type:Land or Vacant Lot
    Lot size:
    10.60 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    114
    Last Refresh:
    Apr 5 at 9:52 pm

    Property Features for 15599 Arfsten Road

    General Information

    Standard status
    Active
    Lot size
    10.60 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    MARK MCWILLIAMS
    MARK MCWILLIAMS

    Listing agent MARK MCWILLIAMS License #FA40032332

    Listing office The Gold Medal Team

    Listing date Feb 12, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Gold Medal Team

    HighLights

    • Rare horse property opportunity.
    • 10.6 acres of rolling land suitable for building a home, barn, and arena.
    • Approved domestic well permit for up to 7 horses (or similar animals).
    • Convenient location: less than 15 minutes to groceries and under an hour to DIA.
    • Quiet and secluded setting with sunset and butte views.
    • Surrounded by trees and large acreage ranches.

    Overview

    This 10.6-acre horse property features rolling acres suitable for building a home, barn, and arena. A well is installed with a domestic permit approved for up to 7 horses or similar animals. The property offers views of sunsets and buttes to the North and is surrounded by trees on the West side. Located less than 15 minutes from groceries and less than an hour from DIA, the property is close to Hwy 83, yet quiet and secluded. Deer and Elk are found nearby. The land is surrounded by large acreage ranches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Furniture & Home Goods Clothing & Fashion Store Pet Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Larkspur
    County
    Douglas
    State
    Colorado
    Longitude
    -104.754
    Latitude
    39.1319

    Nearby Similar for Sale

    • $950,000

      Larkspur Land with Mountain Views

      20-acre land parcel in Larkspur, Colorado with scenic views.
      3 S Perry Park Road, Larkspur, CO 80118
      View Details
    • $198,880

      Ready-to-Build Larkspur Lot

      One-acre lot backing to open space, ready to build.
      4144 Cheyenne Drive, Larkspur, CO 80118
      View Details
    • $110,000

      Larkspur Land with Mountain Views

      One-acre lot with mountain and golf course views.
      5967 Country Club Drive, Larkspur, CO 80118
      View Details
    • $199,900

      Ready-to-Build Lot in Perry Park

      One-acre lot backing to open space with red rock ridge.
      5498 Country Club Drive, Larkspur, CO 80118
      View Details
    • $199,500

      Ready-to-Build Lot with Red Rock

      One-acre lot with utilities, views, and no HOA.
      5760 Country Club Drive, Larkspur, CO 80118
      View Details
    • $600,000

      Larkspur Land with Water Rights

      35+ acres of land near Colorado Springs with water rights.
      14254 S Highway 83, Larkspur, CO 80118
      View Details
    • $1,000,000

      Larkspur Land with Water Rights

      62+ acre parcel near Colorado Springs with water rights.
      14252 S Highway 83, Larkspur, CO 80118
      View Details
    • $190,000

      Larkspur Land Ready to Build

      Nearly 1 acre lot with utilities in Perry Park.
      4885 Red Rock Drive, Larkspur, CO 80118
      View Details
    • $950,000

      Larkspur Mixed-Use Development Opportunity

      5.68-acre mixed-use site near I-25 in Larkspur, Colorado.
      8650 Spruce Mountain Rd, Larkspur, CO 80118
      View Details
    • $262,500

      Ready-to-Build Lot in Perry Park

      Flat 1-acre lot with utilities in Perry Park, Larkspur.
      5845 S Pike Drive, Larkspur, CO 80118
      View Details
    • $975,000

      Larkspur Land: Build Your Dream

      Exceptional land parcel in Larkspur, Colorado, with scenic views.
      2801 Verbena Drive, Larkspur, CO 80118
      View Details
    • $199,950

      Larkspur Ready-to-Build 1-Acre Lot

      South-facing 1-acre lot with utilities, rock formation, mountain views.
      7749 Inca Road, Larkspur, CO 80118
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Rare 10.6-acre horse property with well and views.
    Where is this horse & equestrian property located?
    The property is located at 15599 Arfsten Road Larkspur, CO.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Rare horse property opportunity.; 10.6 acres of rolling land suitable for building a home, barn, and arena.; Approved domestic well permit for up to 7 horses (or similar animals).
    (719) 237-6455
    We can help!
    Listing Contact
    MARK MCWILLIAMS
    MARK MCWILLIAMS
    Real Estate License ID: FA40032332
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15599 Arfsten Road, Larkspur, CO 80118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!