Selected for the Terner Labs Housing Venture Lab

1585 Bent Grass Circle, Castle Rock, CO 80109

Active
Listed 180 days ago
Owner-Occupant Eligible
$900,000

About $3,922 a month to live here, after the rent from the other home.

House + ADU5,114 sqft5 beds6 bathsListed May 16, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$3,922a month

The second home on the lot rents for $2,000. We hold back $330 of that for repairs and an empty month, and the rest goes toward a $5,592 monthly payment.

Income to qualify: about $136,000 a year

With how much down?

At 20% down ($180,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $117,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$27,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

One of Red Hawk’s most versatile homes, offering a rare combination of golf course living, iconic Castle Rock views, and a true second living space in the walkout basement. Backing to the 7th hole of Red Hawk Ridge Golf Course and located just minutes from Academy Charter School, this 5-bedroom home offers more than 5,000 square feet designed for flexible, multi-generational living. The standout feature is the walkout lower level designed for true multi-generational living. With its own kitchen, bedroom, bathroom, spacious living area, and direct outdoor access, this level functions as a comfortable second living space within the home. It’s an ideal setup for extended family, adult children, long-term guests, or anyone looking for additional privacy and independence while remaining under one roof. The setting is equally impressive.The home enjoys an open backdrop and wonderful views, including a picture-perfect look at Castle Rock itself. Step outside onto the spacious Trex deck for morning coffee, dinner outdoors, or an evening enjoying the Colorado scenery. A paved walking path directly behind the property makes it easy to get outside and enjoy the neighborhood. Inside, hardwood floors and large windows create bright, inviting living spaces. The kitchen is built for both everyday use and entertaining with granite countertops, a gas cooktop, double convection ovens, and generous workspace. A main-level bedroom adds even more flexibility as a guest room or home office. Upstairs, the floor plan continues to prioritize privacy and comfort. Each bedroom has access to its own private bathroom, while the spacious primary suite features two walk-in closets and an oversized shower. Located near Academy Charter School with convenient access to Castle Rock’s shopping, dining, recreation, trails, and everyday amenities, this home brings together location, views, golf course living, and exceptional multi-generational versatility in one distinctive property.

House + ADU

Property Type

7,449 sqft

Lot Size

2000

Year Built

Listing Date: 05/16/2026

Listed by: Matthew Thomson

Listing office: Key Realty

Contact: 303-578-6260

Source: REcolorado #7316833

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$900,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$900,000
Your Down Payment$180,000
Financed$720,000
Estimated Monthly Payment$5,592

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($180,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,592/month
Principal + Interest
$4,317
Property Taxes
$417
Home Insurance
$796
HOA$62
Rental Income (1 Unit)
$2,000/month

From the listing description.

Rental Expenses
-$330
Cost to live here
$3,922/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 7316833 · Listing office: Key Realty

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