Property listing for 331 Paragon Way, Castle Rock, CO 80108
ActiveSingle Family Home

$3,965,000

331 Paragon Way, Castle Rock, CO 80108

European Chalet Estate — 9,371 SF on Private .84-Acre in Gated Village

5 Bed · 7.5 Bath · 9,371 Sq Ft

Sophisticated entertaining, library, theater, wine room — lifestyle and privacy.

5

Beds

7.5

Baths

9,371

Sq Ft

2001

Built

0.84 acres

Lot

Attached (garage capacity to be verified) with ample driveway parking

Garage

About 331 Paragon Way

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.

Home Highlights

9,371 SF European-inspired chalet in gated communityFinished lower level with theater, bar and wine roomLibrary with private bath and main-level primary suitePrivate .84-acre lot with mature pines and water featureAccess to exclusive community amenities and private golf clubs

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Castle Pines Elementary

Elementary · 2–6 miles (verify assignment)

8/10

Nearby Douglas County Middle School (example assignment)

Middle · 3–8 miles (verify assignment)

8/10

Castle View / Rock Canyon High School (possible assignments)

High · 5–12 miles (verify assignment)

8/10

Walkability & Recreation

25
Walkability
88
Recreation

Excellent access to trails, tennis/pickleball courts, pools, club facilities, and open space—strong for outdoor and active lifestyles.

Investment Highlights

  • Large estate footprint: ~9,371 finished SF with extensive finished lower level.
  • Premium community amenities: trails, pools, courts, fitness, 24/7 security.
  • Private lot with mature pines and immediate adjacency to private golf clubs.
  • Multiple formal and informal entertaining spaces including theater and climate-controlled wine room.
  • Flexible bonus room above garage for studio/office.

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.

Things to Consider

  • Ultra-luxury market segment narrows buyer pool — may require wider marketing / time on market.
  • Specific mechanicals, roof and systems condition not provided; recommend pre-listing inspections.
  • Exact garage capacity and some utility connections not documented in scraped data; verify.

Opportunity Analysis

Position as a move-in ready luxury estate targeted to affluent buyers seeking privacy, community amenities, and large interior entertaining spaces. Market to local and out-of-state buyers who value gated-community lifestyle and proximity to private golf clubs. Consider staged, targeted outreach to broker networks specializing in luxury properties to optimize sale price.

Potential Use Scenarios

  • Professional luxury staging focusing on great room, library, and lower-level entertainment spaces.
  • High-quality photography, drone, and twilight shots emphasizing pine setting and pool/patio (if present).
  • Targeted broker opens for Denver and out-of-state luxury brokerage networks; digital campaigns to high-net-worth ZIP codes.
  • Pre-listing inspection and deferred-maintenance report to reduce buyer friction.

Risk Factors

  • Narrow buyer pool for $3.5M+ properties even in strong suburban markets.
  • Potential maintenance or systems costs for a 2001 construction of this size.
  • HOA/gated-community rules may affect buyers seeking flexibility (e.g., short-term rental restrictions).

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$3700K

Midpoint

$3925K

High

$4150K

$423.29/SF estimated price per square foot

70% confidence

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.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$750,000
Avg Days on Market25 days
Inventory2.5 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)8,500
Median Income (1 mi)$170,000

Douglas County remains one of the fastest-growing and most affluent suburban counties in the Denver MSA; high demand for luxury homes in amenity-rich gated communities persists.

Nearby Points of Interest

  • Castle Pines Golf Club (private, adjacent)
  • The Country Club at Castle Pines (private, adjacent)

Property is in a gated, amenity-rich community with miles of trails, tennis/pickleball courts, pools, fitness center, and two Jack Nicklaus-designed clubs nearby. Access to I-25, shopping and services in Castle Rock and Highlands Ranch within 10-20 minutes.

School District

DistrictDouglas County School District (DCSD)
ElementaryCastle Pines Elementary (Douglas County) — rating estimate 8/10
MiddleBuffalo Ridge Middle / or local Douglas County middle school assignment — rating estimate 8/10
HighRock Canyon High School or Castle View High School (Douglas County) — rating estimate 8/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2001
Constructionwood_frame_with_stucco_and_timber_accents
Stories2
Roofcomposite_shingle_or_similar
Heatingforced_air_and_radiant_possible (not specified)
Coolingcentral_ac_possible (not specified)
Basementfinished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.8445 acres (36,765 SF)
Topographylevel
Parkingdriveway_and_attached_garage_possible
Parking Spaces6

Utilities

Watermunicipal (likely Castle Pines water system)
Sewermunicipal/septic unknown
Electricconnected
Gasconnected

Zoning & Land Use

DescriptionResidential single-family estate within a gated community; likely low-density residential zoning allowing single-family homes and accessory structures.
JurisdictionDouglas County

Allowed Uses

Single family residentialAccessory structures (sheds, pool houses) subject to HOA/ARCHome office / non commercial use per HOA and county rules
Current Useresidential

Tax & Sale History

Tax Assessment

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