About 1538 Peninsula Circle
Instant equity and income potential! This spacious Castle Rock home features a private walk-out basement with a full mother-in-law suite — perfect for multigenerational living, guests, or rental income. Recently appraised at $900,000 — offering built-in equity from day one! Located in a desirable golf course community and priced below market, this property offers endless potential for the buyer ready to bring their vision and a little TLC to make it shine. With 6 bedrooms and 5 baths, there’s room for everyone — and plenty of opportunity to build value in a prime location. Inside, you’ll find a grand curved staircase, vaulted ceilings, and light-filled living spaces. A large foyer opens to the formal dining room—ideal for memorable family gatherings and celebrations. The family room features a cozy fireplace, soaring ceilings, and sun-filled windows. The kitchen includes granite countertops, a center island, and plenty of cabinet space, with a breakfast nook overlooking the greenbelt and open space. Step outside to the deck to enjoy mountain views and stunning Colorado sunsets. The primary suite offers a sitting area with fireplace, dual walk-in closets, and a five-piece bath. Upstairs, one of the secondary bedrooms has a private en-suite bath for added flexibility. The walk-out basement has been freshly updated with new paint and carpet, featuring a full kitchen with granite countertops, dining area, two bedrooms, and a bonus room ideal for an office, gym, or guest suite. Enjoy outdoor living with a covered patio, open-space views, and sand play area. Just minutes from downtown Castle Rock, shopping, dining, and recreation — a wonderful opportunity to customize, update, and build equity in one of Castle Rock’s most desirable golf communities. SELLER OFFERING $10,000 IN CONCESSIONS WITH A FULL-PRICE OFFER CLOSING IN NOVEMBER — MAY BE USED TOWARD CLOSING COSTS OR TO BUY DOWN THE RATE!
Features of 1538 Peninsula Circle
| MLS® # | 4605211 |
|---|---|
| Price | $825,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Full Baths | 3 |
| Square Footage | 4,779 |
| Acres | 0.20 |
| Year Built | 2000 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1538 Peninsula Circle |
|---|---|
| Subdivision | Plum Creek Fairway |
| City | Castle Rock |
| County | Douglas |
| State | CO |
| Zip Code | 80104 |
Amenities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Parking Spaces | 3 |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) |
|---|---|
| Appliances | Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Family Room, Gas, Gas Log, Primary Bedroom |
| Stories | Two |
Exterior
| Exterior Features | Garden, Playground, Private Yard |
|---|---|
| Lot Description | Greenbelt, Landscaped |
| Windows | Egress Windows |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Douglas RE-1 |
|---|---|
| Elementary | South Ridge |
| Middle | Mesa |
| High | Douglas County |
Additional Information
| Date Listed | September 16th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 67 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | HomeSmart Realty |
|---|