Discover a rare opportunity to own one of the most iconic equestrian estates on the edge of Black Forest — the renowned Rhinestone Ranch. Spanning 38 acres, this exceptional property offers an unparalleled blend of rural living, premier horse facilities, and versatile commercial and/or personal-use potential. The main residence features 4,000+ sq ft with 5 bedrooms, 4 baths, a walkout basement, covered patios and decks with breath-taking Pikes Peak Views and convenient laundry areas on both levels. A massive 14,000+ sq ft heated shop/barn includes a 1 bed/1 bath apartment, a 3-room office with 2 baths and separate entrance, two additional baths and laundry area, and a 6-stall barn complete with indoor and outdoor wash bays and tack rooms. Additional facilities include a 2-stall vintage barn with tack room, an equestrian round pen, a 36x40 heated shop with ¾ bath and entertainment patio, a 24x40 shop with overhead door, and an implement/trailer area featuring 3 Connexes and a 40x44 covered storage area. The property also has a two-story announcer’s crow’s nest/playhouse and a large flat area ideal for building an indoor or outdoor roping or racing arena. Fully fenced with access from both Rex and Goodson Roads, it includes multiple frost-free hydrants, 50-amp hookups, and RV dump stations— designed to support ranching, equestrian events, RV camping, horse boarding, or future subdivision development. Enjoy peaceful rural living while remaining close to schools, shopping, and amenities. Convenient access to Hwy 83, I-25, and the Air Force Academy through Black Forest; and Peterson SFB, Schriever SFB, and Fort Carson via Falcon and Hwy 24. A property of this scale, function, and prestige is truly once in a lifetime.
Single-familyProperty Type
1993Year Built
37.95 acresLot Size
$358Est. Price/Sq.Ft.
14 car garageParking
Listed by Ashley McQueen Wilson• Real Broker, LLC DBA Real
Discover a rare opportunity to own one of the most iconic equestrian estates on the edge of Black Forest - the renowned Rhinestone Ranch. Spanning 38 acres, this exceptional property offers an unparalleled blend of rural living, premier horse facilities, and versatile commercial and/or personal-use potential. The main residence features 4,000+ sq ft with 5 bedrooms, 4 baths, a walkout basement, covered patios and decks with breath-taking Pikes Peak Views and convenient laundry areas on both levels. A massive 14,000+ sq ft heated shop/barn includes a 1 bed/1 bath apartment, a 3-room office with 2 baths and separate entrance, two additional baths and laundry area, and a 6-stall barn complete with indoor and outdoor wash bays and tack rooms. Additional facilities include a 2-stall vintage barn with tack room, an equestrian round pen, a 36x40 heated shop with 3/4 bath and entertainment patio, a 24x40 shop with overhead door, and an implement/trailer area featuring 3 Connexes and a 40x44 covered storage area. The property also has a two-story announcer's crow's nest/playhouse and a large flat area ideal for building an indoor or outdoor roping or racing arena. Fully fenced with access from both Rex and Goodson Roads, it includes multiple frost-free hydrants, 50-amp hookups, and RV dump stations- designed to support ranching, equestrian events, RV camping, horse boarding, or future subdivision development. Enjoy peaceful rural living while remaining close to schools, shopping, and amenities. Convenient access to Hwy 83, I-25, and the Air Force Academy through Black Forest; and Peterson SFB, Schriever SFB, and Fort Carson via Falcon and Hwy 24. A property of this scale, function, and prestige is truly once in a lifetime.
elevateMLS #3891257
Jan 16, 2026
Sold
$1,400,000
$348/sq ft
Nov 13, 2025
Listed
$1,500,000
$373/sq ft
+45
Discover a rare opportunity to own one of the most iconic equestrian estates on the edge of Black Forest — the renowned Rhinestone Ranch. Spanning 38 acres, this exceptional property offers an unparalleled blend of rural living, premier horse facilities, and versatile commercial and/or personal-use potential. The main residence features 4,000+ sq ft with 5 bedrooms, 4 baths, a walkout basement, covered patios and decks with breath-taking Pikes Peak Views and convenient laundry areas on both levels. A massive 14,000+ sq ft heated shop/barn includes a 1 bed/1 bath apartment, a 3-room office with 2 baths and separate entrance, two additional baths and laundry area, and a 6-stall barn complete with indoor and outdoor wash bays and tack rooms. Additional facilities include a 2-stall vintage barn with tack room, an equestrian round pen, a 36x40 heated shop with ¾ bath and entertainment patio, a 24x40 shop with overhead door, and an implement/trailer area featuring 3 Connexes and a 40x44 covered storage area. The property also has a two-story announcer’s crow’s nest/playhouse and a large flat area ideal for building an indoor or outdoor roping or racing arena. Fully fenced with access from both Rex and Goodson Roads, it includes multiple frost-free hydrants, 50-amp hookups, and RV dump stations—designed to support ranching, equestrian events, RV camping, horse boarding, or future subdivision development. Enjoy peaceful rural living while remaining close to schools, shopping, and amenities. Convenient access to Hwy 83, I-25, and the Air Force Academy through Black Forest; and Peterson SFB, Schriever SFB, and Fort Carson via Falcon and Hwy 24. A property of this scale, function, and prestige is truly once in a lifetime.
Public Records
Jul 6, 2000
Sold
$375,000
$93/sq ft
Public Records
Apr 27, 1994
Sold
$25,000
$6/sq ft
Public Records
Jul 19, 1993
Sold
$47,500
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,298 (+10.6%)
$25,350 + $51,950
$77,300
2024
$4,792 (+2.6%)
$25,350 + $51,950
$77,300
2023
$4,672 (+27.5%)
$19,350 + $51,390
$70,740
2022
$3,664 (−3.8%)
$14,950 + $37,830
$52,780
2021
$3,810 (+15.6%)
$14,950 + $37,830
$52,780
2020
$3,296 (+0.9%)
$15,380 + $38,900
$54,280
2019
$3,266 (+7.4%)
$13,440 + $33,310
$46,750
2018
$3,042 (+9.2%)
$13,440 + $33,310
$46,750
2017
$2,786 (−8.9%)
$10,890 + $31,900
$42,790
2016
$3,057
$10,890 + $31,900
$42,790
2015
$3,060 (+66.1%)
$12,050 + $34,300
$46,350
2014
$1,842 (+0.3%)
$12,050 + $34,300
$46,350
2013
$1,836
$12,260 + $15,130
$27,390
2012
$1,834 (−0.3%)
$12,260 + $15,130
$27,390
2011
$1,839 (−1.2%)
$12,050 + $15,350
$27,400
2010
$1,861 (+1.4%)
$12,050 + $15,350
$27,400
2009
$1,835
$12,150 + $16,990
$29,140
Tax history for 10950 Rex Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,298 (+10.6%)
$25,350 + $51,950
$77,300
2024
$4,792 (+2.6%)
$25,350 + $51,950
$77,300
2023
$4,672 (+27.5%)
$19,350 + $51,390
$70,740
2022
$3,664 (−3.8%)
$14,950 + $37,830
$52,780
2021
$3,810 (+15.6%)
$14,950 + $37,830
$52,780
2020
$3,296 (+0.9%)
$15,380 + $38,900
$54,280
2019
$3,266 (+7.4%)
$13,440 + $33,310
$46,750
2018
$3,042 (+9.2%)
$13,440 + $33,310
$46,750
2017
$2,786 (−8.9%)
$10,890 + $31,900
$42,790
2016
$3,057
$10,890 + $31,900
$42,790
2015
$3,060 (+66.1%)
$12,050 + $34,300
$46,350
2014
$1,842 (+0.3%)
$12,050 + $34,300
$46,350
2013
$1,836
$12,260 + $15,130
$27,390
2012
$1,834 (−0.3%)
$12,260 + $15,130
$27,390
2011
$1,839 (−1.2%)
$12,050 + $15,350
$27,400
2010
$1,861 (+1.4%)
$12,050 + $15,350
$27,400
2009
$1,835
$12,150 + $16,990
$29,140
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
37.95 Acres
Year renovated
—
Sq. Ft.
3,966
Year built
1993
Style
Single Family Residential
County
El Paso County
APN
5224000008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
RR-5
Residential Rural District
The RR-5 zoning district is a 5 acre district intended to accommodate low-density, rural, single-family residential development.
Permitted uses
Include but are not limited to:
Agriculture
Dairy
Greenhouse / nursery
Livestock production
Religious facility
Housing-Group
Housing-Single unit
Educational/school
Kennel
Housing-Mobile home park
Apr 20, 2026 • Final
434
Replace furnaces in a residential building.
HVAC
Mar 11, 2026 • Final
434
Perform an electrical service upgrade.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.