1371 Grayhawk Pl
About This Property
This remarkable lot offers the perfect setting to build your custom dream home, just steps from the Bear Dance Golf course and Clubhouse. Experience true mountain living while still having convenient 15 minute access to shopping, dining, and the many amenities of Castle Rock, as well as easy access to the Denver Tech Center and northern Colorado Springs-both approximately 25 minutes away.
The property is thoughtfully prepared for development with electrical run to the street, corners are marked, a driveway already cut in. This is a truly special offering that combines luxury, privacy, and location-an opportunity not to be missed.
Gate access is required to view the property.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2026 | Listed by Realty One Group Premier | $800,000 | |
| Listed by Realty One Group Premier | |||
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by WOLFE REALTY GROUP INC | $650,000 | |
| Listed by WOLFE REALTY GROUP INC | |||
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One of the last lots available in the prestigious gated Bear Dance Golf Course community. This stunning 2.90 wooded acre lot is perfectly situated on a private gated cul-de-sac with gorgeous mountain views surrounded on three sides by 54 acres of open space providing for ample privacy and plenty of space between you and your neighbors. Build your dream home on this gorgeous lot in this prestigious gated community with beautiful views and located just steps from the Bear Dance Club House. This lot will not disappoint! Enjoy the feeling of living in the mountains while maintaining an easy 10 minutes drive to shopping, dining and many other Castle Rock amenities and only 25 minutes from the Denver Tech Center or Northern Colorado Springs. Property Corners have been marked, driveway has been cut in and the ideal build site has been staked. Gate Code is required to view the property. Call Listing Agent for gate code.
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| May 12, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017