Access Date and Time
Tuesday at 12pm
Property Overview
Worth $1M if you spend $100k primarily on paint, carpet and primary bath redo. Large custom build estate-style home in Castle Rock adjacent to Plum Creek Golf Course with long-range views, situated on a big half acre lot with a 4-car heated garage and oversized driveway with space for RV. The 6 bed, 6 bath, 5,458 sq ft layout opens with a grand formal entry, double staircases and features multiple living areas, a large already completed gourmet kitchen with upgraded slab granite, main-level office and a finished walkout basement. The kitchen is done, the windows do not need to be replaced, the doors and trim are custom quality. Upstairs includes ensuite for each bedroom and a large primary. Cosmetic updates throughout will give it a pop in a neighborhood with lots of original condition. The structure and newer systems are solid. Located near a currently busy road with traffic expected to drop dramatically once the nearby extension (under construction) opens, this is a high-upside opportunity in a strong location. $10k earnest money to get this. NOTE our proposal does NOT include updating everything as nothing in area is all new and most comps are original. We intend to be the nicest condition with strategic upgrades and we are already the biggest finished and highest beds and bath in the neighborhood. There is a big difference between custom build and cookie cutter smaller houses on small lots. The primary bath has a new tile floor and it is what needs the most work in the house for a high end finished product.
Video Walkthrough
Start with what is already done. Furnace and 2 newer water heaters. Roof can get 5 yr cert. Kitchen is done, already updated and slab granite. Bathrooms are mostly fine except primary. Just plan on vanity tops, replacing a black pedestal sink with white, minimal updates. The hardwood flooring is in good shape, plan to replace other flooring.
Main work is in primary, remodel all and repurpose vanity with new top.
Replace fireplace tiles with stacked stone.
Yard cleanup & refresh to make it feel as expansive as it is
Flooring (Keep hardwood) this will elevate higher than comps.
Paint interior
Paint exterior with curb appeal colors
Bath updates but NOT full remodels (vanity tops and fixtures)
Add closets to existing basement bedrooms
Strategic but not comprehensive upgrades will make this the nicest property in the neighborhood at a price lower than recent solds.
Total Budget: $99,000
After spending the fix budget, this product will have a refreshed, modern interior with new flooring, full interior paint, updated bathrooms, and a modernized kitchen. The basement will be reconfigured to add an additional bedroom and bathroom, with closets added to existing basement bedrooms to maximize usability. Minor yard cleanup and refresh will enhance the exterior presentation. The result is a fully repositioned estate-style home delivering strong value and exit potential in Castle Rock.
Estate-style 6 bed, 6 bath home in Castle Rock adjacent to Plum Creek Golf Course with long views, a .48 acre lot, 4-car heated garage, and oversized driveway. The 5,458 sq ft layout includes a formal entry, multiple living areas, large kitchen, main-level office, ensuite bedrooms, and a finished flexible walkout basement. Cosmetic updates are needed throughout, but the structure and systems are solid. High-upside opportunity with low HOA and flexible access. $10k earnest money.
Closing is scheduled for 04/30/2026.
6 bed, 6 bath, 5864 sq ft
171 October Place, Castle Rock, CO 80104 Zillow
Sold 8/29/2025 for $1,100,000. 5,663 sq ft | 6 bed | 5 bath
Next door neighbor with same golf course adjacency and both have a walkout basement, but subject has a superior garage setup, larger driveway capacity, much larger lot, and a more dramatic interior entry and formal layout. Comp has dated upstairs flooring, dated primary suite finishes. Subject’s basement can have very similar finish. This shows the importance of improving subject's curb appeal and significant budget is assigned to exterior paint and landscape. Nothing in this subdivision has as many upgrades as we have in our budget.
228 Emerald Court, Castle Rock, CO 80104 Zillow
Sold 4/23/2025 for $1,000,000. 4,835 sq ft | 4 bed | 3 bath
Subject is materially larger with more bedrooms, more bathrooms, and a larger lot. Emerald Court has similar kitchen cabinetry, dated primary suite and ensuite, dated upstairs flooring and baths, and general builder-quality finishes and still achieved a strong price with less square footage, supporting a higher ARV for the subject once refreshed. Subject also offers better parking, garage capacity, and interior flexibility.
3215 Cherry Plum Way, Castle Rock, CO 80104 Zillow
Sold 10/8/2025 for $1,065,500. 5,198 sq ft | 5 bed | 4.5 bath
Subject is larger overall with more bathrooms and a more expansive basement footprint. Cherry Plum has a dated second bath upstairs and very basic finishes in the basement. The subject’s lot, views, and garage configuration outperform Cherry Plum. This is NOT fully remodeled.
3346 Red Tree Place, Castle Rock, CO 80104 Zillow
Sold 4/11/2025 for $1,040,000. 5,109 sq ft | 4 bed | 3 bath
Subject has significantly more bedrooms and bathrooms, a walkout basement, and a stronger interior layout with multiple formal and informal living areas. Red Tree has similar kitchen cabinetry, dated upstairs baths and very basic basement finishes, and still sold well despite fewer beds and baths, reinforcing that the subject supports a higher value once cosmetically repositioned.
314 Pine Needle Way, Castle Rock, CO Zillow
Currently listed around $889,000. 5,318 sq ft. | 3 bed | 4 bath. This is an example of current as-is value. You could relist with NO REMODEL for this price. This is all original. Subject offers more sq footage, twice the lot size, and higher resale ceiling. Pine Needle's kitchen and baths are dated, and there no views to be had. After cosmetic updates, subject competes at a stronger price tier than Pine Needle can reach.
