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615 Cliffgate Ln
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Fantastic Frank Colorado | $8,750,000 | |
| Listed by Fantastic Frank Colorado | |||
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Perched atop the dramatic cliffs of Castle Pines, 615 Cliffgate Lane offers a striking interplay between modern architecture and Colorado's rugged natural beauty. This reimagined 2002 residence - acquired by its current owners in 2006 - has undergone a meticulous, full-scale renovation, transforming it into a refined, contemporary sanctuary. Tucked within an exclusive enclave of architecturally significant homes, the property delivers far more than the expected hallmarks of a golf course community. With every surface, system, and space re-envisioned, it stands today as a virtually new home - an inspired retreat that balances bold design with timeless comfort. This is a rare opportunity to own a home where craft, context, and innovation converge. Set on 1.78 acres of thoughtfully landscaped terrain, 615 Cliffgate Lane redefines outdoor living. At its heart lies an infinity-edge pool that appears to spill into the horizon, flanked by expansive patios designed for quiet reflection or elegant entertaining. A 578-square-foot pavilion - with sleek retractable doors - extends the home's livable footprint and leads to an outdoor garden area. Inside, you'll find 5 exquisite bedrooms, 2 private offices, separate living and great room areas, a pantry/laundry area for the ages and a curved breakfast nook, all appointed with the finest finishes. The primary suite feels like a 5-star resort, with heated floors, steam shower, jetted tub, double sided fireplace and glass doors leading to a private terrace. The lower walk-out level is accessed by a wide, sculptural staircase that transcends utility to become an expression of movement and material. Here, you'll find a second full kitchen, 2 bedrooms and an exquisite family room. 615 Cliffgate Lane is not simply a reimagined home within one of Castle Pines' most coveted enclaves - it is a singular design achievement, a curated experience of architecture, technology, and landscape, impossible to replicate and effortless to inhabit.
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| Jun 27, 2006 | Sold | ||
| Sold | |||
| Sep 23, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017