Check Availability
$494,000
↓ $5K (1%)
● House - For Sale

4828 Drowsy Water Rd

Castle Rock, CO 80108
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,738 Ft²
$2,815
Est. Monthly
$215
HOA / Fees

About This Property

OPEN HOUSE SAT 1/17 & SUN 1/18 11AM TO 1PM - PRICED TO SELL - $5,000 SELLER CONCESSION OFFERED FOR CLOSING COSTS AND PREFERRED LENDER IS ALSO INCLUDING A 1% FREE INTEREST RATE BUY DOWN - GOVERNMENT LOANS AT AN ALL TIME LOW - GREAT TIME TO BUY - FIND OUT HOW YOU CAN GET 3% INTEREST RATES WITH LITTLE MONEY DOWN! OVER $80,000 IN IMPROVEMENTS. NEW KITCHEN, NEW FLOORS, NEW HEATING AND AC, PAID SOLAR PANELS, EV CHARGING, NO CARPETS! FANTASIC END UNIT AND GOOD LIGHT. Welcome to this beautiful Latigo End Unit Townhome in the heart of Castle Rock and Metzler Ranch Farm. A spacious home nestled in the desirable Founders Village Community of Castle Rock. Step inside to an inviting open-concept main level featuring a bright living room filled with natural light, a cozy double-sided fireplace, and elegant new engineered wood flooring (NO CARPETS) that flows seamlessly into the dining area and spacious kitchen. The kitchen boasts modern NEW stainless-steel appliances - NEW Induction Stove, NEW Double Ovens, NEW Double Door Refrigerator with Separate Freezer Drawer, Copper Sink AND ample cabinet space, a pantry, and a good size center island-perfect for meal prep and casual gatherings. Upstairs, the Primary Suite provides a peaceful retreat complete with a walk-in closet and an en-suite bathroom - separate shower and soaking tub. Additional bedroom and a full bath offer space for family, guests, or a home office. A finished basement allows an office or mud room w/plenty of storage. Patio with beautiful views of Pikes Peak and well landscaped property ideal for entertaining. Highlights include a 2 Car Garage with 240V Electric Vehicle Charging, FULLY PAID and INCLUDED SOLAR PANELS with close proximity to parks, trails, schools, and Castle Rock's vibrant downtown. With its ideal location and move-in-ready appeal, this home perfectly balances modern living and small-town charm-an exceptional opportunity in one of Castle Rock's most sought-after neighborhoods. Plenty of Guest Parking!
Unit Size
1,738 Ft²
Days on Market
347 days
Land Size
0.04 acres
Price per sqft
$284
Property Type
House
Property Taxes
$174
HOA Dues
$215
Year Built
2005

Listed By

Alexis Papadakis-Greenberg
Coldwell Banker Global Luxury Denver

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Last updated: 10 months ago (REcolorado MLS #4883683)

Price History

Date / Event Date Event Price
Jan 11, 2026 Price Decreased $494,000
↓ $5K (1%)
Price Decreased
Dec 19, 2025 Price Decreased $499,000
↓ $31K (5.9%)
Price Decreased
Nov 27, 2025 Price Decreased $530,000
↓ $10K (1.9%)
Price Decreased
Nov 14, 2025 Listed by Coldwell Banker Global Luxury Denver $540,000
Listed by Coldwell Banker Global Luxury Denver
Dec 7, 2015 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Pantry, Walk-In Closet(s), Kitchen Island, Cathedral/Vaulted Ceilings
Appliances: Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Has Fireplace
Fireplace Features: Gas, Gas Log, Kitchen, Dining Room, Family/Recreation Room Fireplace, Single Fireplace
Basement: Partially Finished
Exterior Details
Has Property Attached
Square Footage: 1738
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 2005
Building Area Total: 1446
Levels: Two
Window Features: Window Coverings, Double Pane Windows
Construction Materials: Wood Siding, Wood/Frame, Moss Rock
Patio and Porch Features: Patio
Lot Features: Corner Lot, Gutters
Lot Size Area: 1699
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1699
Water Source: City Water
Financial Details
Tax Annual Amount: $2,087
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure, Water/Sewer
HOA Fee: $215
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 3
  • Basement Type: 6
  • Basement Area: 308
  • Garage Type: 7
  • Garage Square Area: 429
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,699
  • Total Building Area: 1,754
  • Gross Building Area: 1,754
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METZLER RANCH
  • Land Acres: 0000000039
  • Standard Land Use Code: 1002
  • County Land Use Code: 1213
  • Legal Description 1: LOT 44 METZLER RANCH FLG 7 0.039 AM/L

Neighborhood

  • School District Name: Douglas County School District RE-1
  • Census Tract: 014017

Geography

  • Account Number: R0453742
  • Parcel: 0453742
  • Lot: 44
  • Meridian: SEC 26 TWN 07S RNG 67W QTR SE
  • Municipality: DOUGLAS COUNTY RE 1
  • Latitude: 39.4092
  • Longitude: -104.855

    Address

  • Full Address: 4828 Drowsy Water Rd
  • Address - House Number: 4828
  • Address - Street Name: Drowsy Water
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Castle Rock
  • Carrier Code: C032
  • 4-Digit Zip Code: 7424
  • Zip Code: 80108

Valuation

    Tax

  • Total Area: 1,754
  • Tax Year: 2022
  • Tax Amount: $158,852
  • Tax Rate Code Area: 0217

    Appraisal Valuation

  • Standard Deviation: 0.1179
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 87
  • Final Value: 499,298
  • High Value: 558,173
  • Low Value: 440,423

    Market Valuation

  • Market Total Value: $343,023
  • Market Land Value: $15,000
  • Market Improvement Value: $328,023

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,840
  • Assessed Land Value: $1,040
  • Assessed Improvements Value: $22,800

    Sales

  • Current Sale Contract Date: Dec 04, 2015
  • Current Sale Recording Date: Dec 07, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015087041
  • Previous Sale Recording Date: May 07, 2012
  • Previous Sale Contract Date: May 04, 2012
  • Previous Sale Amount: $214,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Metzler Ranch


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Nearby Rentals

Unit for rent at 6200 Castlegate Dr., Castle Rock, CO, 80108

$2,555 /mo

  • 3 Beds
  • 2 Baths
  • 1,447 ft²
6200 Castlegate Dr. #C1, Castle Rock, CO, 80108 Listing by Equity Residential


Frequently Asked Questions

When was property at 4828 Drowsy Water Road built and last sold?
The property at 4828 Drowsy Water Road was built in 2005 and last sold on Dec 4, 2015 for $275,000.
How much is this home worth?
The estimated value of the home located at 4828 Drowsy Water Road is $497,397.
What are some comparable homes to 4828 Drowsy Water Road?
There are currently no comparable homes to 4828 Drowsy Water Road.

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