Estimate anchored to current list price of $3,965,000 and typical pricing for gated-community estate homes in The Village at Castle Pines. Adjusted for size (9,371 SF), lot (~0.84 acre), finished lower level, high-end amenities, and limited recent ultra-luxury inventory. No live comparable sales pull was performed.
European Chalet Estate — 9,371 SF on Private .84-Acre in Gated Village
331 Paragon Way is a rare European-inspired chalet estate sited among mature pines inside The Village at Castle Pines. At roughly 9,371 finished square feet across multiple levels, the home was built for both gracious everyday living and memorable gatherings. Enter through a covered approach into a timbered great room where soaring beams and a substantial fireplace create a dramatic focal point; oversized windows and doors connect the interior to a private patio and water feature, extending entertaining to the outdoors.
The main-level primary suite is intentionally private and generous, while each additional bedroom includes an en-suite bath for comfort and independence. A standout wood-paneled library—complete with its own bath—reads like an old-country study and is ideal for an executive office, collection display, or quiet retreat. The chef-oriented kitchen has broad prep counters, an intimate sitting area, and an adjoining dining nook that flows into both the great room and terrace.
The lower level transforms the home into an entertainment compound: a traditional theater, a finished bar and billiards area, a guest suite, and a climate-controlled wine room offer multiple ways to host. A flexible bonus room above the garage provides a distinct workspace or studio separate from the main living areas. Outside, the generous lot preserves privacy with established landscaping and pines that buffer the home from neighbors.
Residents in The Village at Castle Pines enjoy an unmatched amenity package—24/7 roving security, more than a dozen miles of scenic trails, tennis and pickleball courts, pools, fitness facilities, and proximity to two private Jack Nicklaus-designed clubs. This property is an exceptional offering for buyers seeking a high-caliber gated-community lifestyle with expansive interiors and a strong focus on entertaining and privacy. Contact listing agent Tasha Carrington to schedule a private showing and request the full amenity/HOA package.
A 2001 chalet on 0.84 acres.
Building
Site & utilities
The Village at Castle Pines (Castle Pines/ Castle Rock area)
Researched nearby locations
Location
331 Paragon Way, Castle Rock, CO 80108
The Village at Castle Pines is a premium gated enclave known for large estate parcels, mature pines, and resort-style community amenities. Residents enjoy active outdoor lifestyles with extensive trails, courts, pools, and close proximity to private country clubs. The surrounding Douglas County suburbs offer top-ranked schools, convenient regional access via I-25, and curated shopping and dining in Castle Rock and nearby Highlands Ranch.
Excellent access to trails, tennis/pickleball courts, pools, club facilities, and open space—strong for outdoor and active lifestyles.
A factual market snapshot around 331 Paragon Way.
The Village at Castle Pines sits in an affluent pocket of Douglas County where demand for large, private estates remains steady despite broader market slowdowns for some luxury segments. At the house's list price (~$3.97M) the buyer demographic narrows to high-net-worth households who prioritize gated privacy, club access, and finished amenity spaces (home theater, wine room). Locally, median single-family sale prices remain elevated relative to the broader Denver MSA, and Douglas County continues to attract families for schools and lifestyle. Expect a well-priced, well-marketed luxury listing like this to reach qualified buyers through targeted broker networks and relocation channels; plan for a slightly longer marketing window than entry-level homes but solid offers from motivated buyers who value the community and finished lower-level amenities.
Residential single-family estate within a gated community; likely low-density residential zoning allowing single-family homes and accessory structures.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures (Sheds, Pool Houses) Subject To HOA/ARC
- Home Office / Non Commercial Use Per HOA And County Rules
What the research supports — and what is still worth verifying.
Key findings
- List price: $3,965,000 (price per SF ≈ $423).
- Bedrooms/Baths: 5 beds, 7.5 baths.
- Lot size ≈ 36,765 SF (0.84 acres).
- High-quality finishes and significant finished lower-level amenities.
- Located inside gated Village at Castle Pines with strong HOA-managed amenity package.
What stands out about this property.
Interior Features
- Approx. 9,371 finished SF
- 5 bedrooms and 7.5 bathrooms
- Wood-paneled library with private bath
- Great room with exposed beams and fireplace
- Main-level primary suite
- Finished lower level: theater, bar, billiards, guest suite
- Climate-controlled wine room
- Bonus room above garage — studio/office potential
Exterior & Lot
- Lot size ≈ 36,765 SF (0.84 acre)
- Private patio with water feature
- Mature pine landscaping for enhanced privacy
- Gated community setting with controlled access
- Driveway and guest parking; attached garage (capacity to confirm)
Location & Neighborhood
- Located in The Village at Castle Pines (gated)
- Proximity to Castle Pines Golf Club and The Country Club at Castle Pines
- 24/7 roving security and community amenity package
- Short drive to I-25 for regional access
Walkability & Recreation
- Walkability Rating: 25/100
- Access to 12+ miles of scenic walking/biking trails
- On-site tennis & pickleball courts, pools, and fitness center
- Nearby hiking and open space in Douglas County
Sources & research confidence.
See where the property research came from and how confidence varies by field.