2799 Saddleback Drive

A once-in-a-blue moon opportunity to own an amazing gem of a lot in the Ponderosa-treed subdivision of Escavera, close-in to the heart of beautiful Castle Rock, with public water and sewer, natural gas, and electricity at the street for future hook-up upon building! This hand-picked lot during the development of Escavera is arguably one of the best lots in all of the subdivision, with Front Range and “The Rock” views to the west, rock outcroppings to the north, abundant trees and scrub oak everywhere, and surrounded by 16 acres of permanent Town of Castle Rock open space!! A very secluded, mountainous lot that epitomizes the Colorado lifestyle that we are afforded by living in our colorful state! Wildlife is ample in our treed forest subdivision, from herds of deer, to foxes, to wild turkeys, falcons, and the occasional bear! Very low tax mill levies in Escavera at 71 mills compared to surrounding subdivisions at over 170 mills therefore taxes are well less than half of these new subdivisions with their high metro district mill levies!! Raw land is taxed higher than when the house is built, therefore, the assessment rate is currently 27.9%, however, it goes down to 6.7% once the home is built. Bring your own builder and build on your timetable! Surrounding houses are $2M+! Conceptual images of the house elevations done by a local architect for this specific lot as per the imposed restrictions. Due to the location of this uniquely elevated lot to the rock outcroppings and the Town’s 16 acres of open space, the lot is impacted by the Town of Castle Rock skyline/ridgeline protection zone, which preserves the natural landscape views of the area for all citizens to enjoy. As such, the building envelope accounts for these restrictions and the height restriction of the house will be a maximum of 25 feet (instead of 35 feet for the area), as measured by the final grading to the roof line, averaged at 10 foot intervals around the perimeter of the foundation.

Listing Office: Lion's Gate Real Estate, LLC