Property
ActiveResidential
1/48
$2,995,000

450 E Happy Canyon Road

Castle Rock, CO 80108
2
Beds
2
Baths
2,012
SqFt
5.37
Acres
RECOLORADO
#6865132
Updated: Jun 10, 2026, 5:30pm

Property Description

A standout 5+ acre opportunity in The Castle Pines Village Corridor -offering the lowest price per square foot at just $12.80 for the lot and netting under $7 per sqare foot with improvements that are in place. The 3 remaining lots in CPV range from $14-$53 a square foot. Enjoy the benefits of CPV with out the assessments, taxes, and HOA fees. Live in the existing guest home while you build your dream home, all behind a private gate with over $1M in improvements already in place. A rare and remarkable offering in the prestigious CPV corridor, surrounded by 105+ acres of open space. Huge plus, this is not a part of the Castle Pines HOA, so an additional dwelling unit can be built! This 5.37-acre estate property presents a once-in-a-lifetime opportunity to build your legacy. Surrounded by open space and over 500 mature ponderosa pines, the 360 views are both breathtaking and private, offering unobstructed Front Range views and an unmatched sense of serenity. No HOA, lower taxes, and the ability to walk to the PGA events at the golf courses at CVP elevate its appeal even further. This site allows for two homes, your forever home and guest home. Unlike most lots this one has gentle slopes giving you options on where you'd like to build your forever home/ guest home/ collector garage/ equestrian barn (a total of three building structures are allowed on the property).

This is the final 5+ acre parcel available in this coveted enclave. Wildlife, views, and absolute privacy just minutes to I-25, shopping, dining, and top-tier schools. The property includes a beautifully updated 2-bedroom, 1.5-bath guest house featuring an oversized garage, expansive wrap around deck, paved drive, and elevated finishes throughout. With a private well, septic system, and natural gas already in place, the home is fully functional as-is while you design and build your forever estate. This price is the lowest priced in the CPV corridor with the best 360 views!
Included Appliances
DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
1607
Appliances
DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher
Basement
Unfinished
Below Grade Unfinished Area
405
Building Area Total
2012
Cooling
Evaporative Cooling
Flooring
CarpetTile
Heating
Baseboard
Interior Features
Ceiling Fan(s)Entrance FoyerFive Piece BathHigh CeilingsOpen FloorplanPrimary SuiteWalk-In Closet(s)Wet Bar
Laundry Features
In Unit
Living Area
1607
Room Count
10
Security Features
Security Entrance
Construction
Also Marketed As
Residential
Building Area Source
Public Records
Common Walls
No Common Walls
Construction Materials
FrameStoneWood Siding
Levels
One
Property Condition
Updated/Remodeled
Roof
Concrete
Structure Type
House
Year Built
1976
Site & Exterior
Current Use
Live/Work
Exterior Features
LightingPrivate YardRain Gutters
Garage Spaces
2
Lot Features
GreenbeltLandscapedMany TreesOpen SpaceSecluded
Lot Size Acres
5.37
Lot Size Area
233787
Lot Size Square Feet
233787
Lot Size Units
Square Feet
Parking Total
2
Patio And Porch Features
DeckFront PorchWrap Around
Road Surface Type
Paved
Sewer
Septic Tank
Utilities
Natural Gas Available
Vegetation
GrassedPartially Wooded
Water Included
Yes
Water Source
Well
Zoning
RR
Financials
Contract Earnest Check To
Homestead Title
Contract Min Earnest
100000.00
Exclusions
All seller's personal property. Chandelier in converted patio is excluded.
Ownership
Individual
Parcel Number
R0389885
Special Listing Conditions
None
Tax Annual Amount
4896
Tax Legal Description
LOT 3 MEYER SUBDIVISION 5.367 AM/L
Tax Year
2024
Title Company
Homestead Title - Sheila Smith

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
Castle Pines
Schools
Ratings
Elementary
Buffalo Ridge
Middle
Rocky Heights
High
Rock Canyon
Elem. District
Douglas RE-1
Middle District
Douglas RE-1
High District
Douglas RE-1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 10, 2026, 5:30pm.
Erin Neptune

Listing Agent

Ed Prather Real Estate

Call Agent