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Estate Property in Happy Canyon
For Sale
$2,995,000

450 E Happy Canyon Road, Castle Rock, CO 80108

5.37-acre estate with guest house, no HOA, Front Range views.

Property SizeContact for details
Lot Size5.37 Acres
Days on Market212

Property Features for 450 E Happy Canyon Road

General Information

Standard status Active
Lot size 5.37 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,896

Amenities

Greenbelt
Landscaped
Many Trees
Open Space
Secluded
Listing Agency: ED PRATHER REAL ESTATE
Listed By: ERIN WALSER · License #100084287
Source: Corcoran
Added: Feb 1 Changed: Aug 31 Last Checked: Aug 31 at 7:00PM

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 ED PRATHER REAL ESTATE

Investment Insights

Based on property information with market context.

This 5.37-acre estate property, located in the Castle Pines/Happy Canyon corridor, offers the opportunity to build a legacy residence. The property is not part of the Castle Pines HOA, allowing for the construction of an Accessory Dwelling Unit (ADU). Surrounded by over 100 acres of protected open space and mature ponderosa pines, the setting provides unobstructed Front Range views and privacy. The absence of an HOA, lower taxes, and proximity to PGA events at the golf courses at Castle Pines enhance its appeal. The land features five level building envelopes, suitable for a custom residence, equestrian barn, car collector's garage, or outdoor retreat. Site improvements exceeding $1M have already been completed. The property includes a renovated 2-bedroom, 1.5-bath guest house with an oversized garage, wrap-around deck, paved drive, and elevated finishes. A private well, septic system, and natural gas are already in place, making the home functional while a new estate is designed and built. The location offers wildlife, views, and privacy, with convenient access to I-25, shopping, dining, and schools.

Key Highlights

  • Rare 5.37‑acre estate property in the prestigious Castle Pines/Happy Canyon corridor.
  • No HOA restrictions, allowing for an ADU and offering lower taxes.
  • Over $1M in site improvements already completed.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Dental Office Restaurant Big Box & Wholesale Store Law Firm Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 80108, CO

32,188
Population
12,801
Households
2.5
Avg Household Size
41
Median Age
66%
College-Educated
98%
High-School Grad
35.3 sq mi
ZIP Area
912
Density / Sq Mi
$178,670
Median Household Income
$80,000
Median Earnings
$1,995
Median Rent
$813,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.37-acre estate with guest house, no HOA, Front Range views.
Where is this residential land & home lot located?
The property is located at 450 E Happy Canyon Road Castle Rock, CO.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Rare 5.37‑acre estate property in the prestigious Castle Pines/Happy Canyon corridor.; No HOA restrictions, allowing for an ADU and offering lower taxes.; Over $1M in site improvements already completed.
More about this property
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