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Karen Mikkelson

Co-Op Member Owner
Mason Morse Ranch Company
Colorado Springs, Colorado
Karen has an extremely diversified background in construction, business management, land acquisition, development, farming, cattle ranching and horse breeding. Born in Albuquerque, New Mexico, Karen has lived in the west her entire life. She has spent over 20 years in Colorado, farmed and ranched in the Panhandle of Nebraska for 12 years and operated a Quarter Horse breeding operation in Texas, the heart of the American Quarter Horse industry. Karen was a hands on owner and operator of an 880 acre ranch in the Pine Ridge National Forest region in the panhandle of Nebraska. Her entire ranch operation was built from scratch. She created stocked trout ponds for fishing and dams for watershed management. Her cattle operation included cow-calf, yearlings and a 300 head feedlot. Farming operations included alfalfa and hay production, range and forest management, a horse breeding operation and state of the art cutting horse training facility. Karen brings with her a broad knowledge of the Quarter Horse Industry and the needs of a horse ranch owner. For many years she bred, raised and marketed the top bloodlines in the Quarter Horse industry, bred specifically for cutting, reining and working cow horse. In addition to that Karen has over 20 years experience in the construction industry. She managed and Co-Owned a 25 million dollar a year corporation with offices in Colorado and Arizona. This experience included land acquisition, development, financing, design and construction management including marketing and sales of projects. A life time member of the National Cutting Horse Association and American Quarter Horse Association, Karen is an avid fisherwoman, golfer, hiking and overall recreational enthusiast. Along with Karen’s diverse and knowledgeable background, a great passion for the outdoors and a love of the Rocky Mountain Region made the move back to Colorado from Texas and the progression to a Mason Morse Ranch Broker a natural transition. She is the "go to" broker for equine properties and is licensed in Colorado and Nebraska.
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Land for Sale
Premier listing
Castlewood Equestrian Center
$4,700,000
151 acres
Douglas County, CO 80116
Castlewood Equestrian Center is a full-scale boarding and training facility located on a total of 151 acres just west of Franktown, Colorado. The property currently is permitted for 130 horses on site. Improvements include a large indoor stall barn with 44 heated stalls and an attached indoor riding arena. The remainder are covered outdoor open stalls with runs or loafing sheds with paddocks. Additional improvements include turnout pens, pastures, large shop and hay storage, and various round pens, sheds and tack rooms. The facility is professionally managed, modern and clean. The amenities include riding indoors as well as on the property. Additionally, the property adjoins and has access to the Cherry Creek Trail system and Mesa Buttes open space offering unlimited trail riding. The tastefully remodeled home on site rounds out the property. An ancillary property of 36 acres is also available for the buyers to acquire, but it is not a part of this listing. LOCATION The properties are in Douglas County, Colorado which is well known as a horse community. The facility and housing are just off the junction of State Highway 86 and 83, making it convenient for horse owners. Every amenity including restaurants and shopping are within minutes. ACREAGE AND DESCRIPTION The acreage consists of three parcels, and are contiguous. The three Castlewood parcels consist of a total of 151 acres with all the majority of the working facilities on 81 of those acres. The two additional parcels of 40 acres and 30 acres are preserved under Conservation easements. The acreages are covered with native grasses and dotted with mature trees and shrubs. OPERATIONS The facility itself is a long-established boarding facility in the area, with a great reputation. They always have a waiting list for new boarders. The Manager, who lives on site, has been there for 8 years and has a great rapport with the boarders. The Ranch foreman is also a key employee. Expert care and feeding schedules are a priority to maintain a safe and healthy environment for the horses and riders. It is a profitable facility, very well maintained and horse safety and wellness are key. There are also trainers who work on site with the boarders. With the ability to board 130 horses and great management, the facility has a comfortable profit margin while providing premium care for horses and their owners. IMPROVEMENTS Castlewood Parcel: Horse Arena and Indoor Stall Barn – 27,000 sf under roof, heated, insulated 80’ x 210’ indoor area with excellent footing. 44 matted stalls with automatic waters and corner tack lockers in each stall. Wash racks with hot water, veterinary stall and shoeing areas. In the center of the barn is the Managers Office, two restrooms and a cafe/lobby/viewing room. A nice patio area adjacent to the stalls, arena and lobby area compliments the comfortable main facility. Manager Residence – 3,144 finished square feet on two levels with decks, patio and attached 3 car garage. The home was tastefully remodeled in 2014 by the current owners. All rooms are spacious, and include 4 bedrooms, 3 baths, sunroom, covered patio with a built-in Jenn Air grill. The kitchen has top of the line appliances, cabinets, granite countertops and a copper sink. Equipment Shop & Hay Storage –This building is 6,867 square feet with 16’ story height. The building stores semi-truck loads of bagged shavings, grass and alfalfa hay, equipment and has a workshop. It also has 2 - one bedroom efficiency apartments. Storage Shed – 720 sf with a quarantine pen 12 Loafing Sheds with pens – 1440 sf each Secondary Equipment Building – 1500 sf Three Shed Row barns with 36 covered stalls with 12’ x 24’ runs 28 turn out pens – measure 24’ x 36’ Double sided outdoor arena – measures 200’ x 300’ Numerous rotational pastures with shelters Three Round pens WILDLIFE AND RECREATION The property adjoins and has direct access to the Cherry Creek Trail system and Mesa Buttes open space offering unlimited trail riding for the boarders. Deer and a multitude of birds and fowl frequent the area. WATER RIGHTS AND RESOURCES For Tax Parcel # 2349-331-00-001, 30.07 acres: 2-acre feet per year of groundwater from the Lower Dawson Aquifer. For Tax Parcel 2349-342-00-001, 40.02 acres: 1 acre foot per year of groundwater from the Lower Dawson Aquifer. The well on the 81 acres that services the facility the Permit # is 042642-F. It is drilled to 490’ and static level is 200’ with a production rate of 15 gallons per minute.
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Premier listing
Red Silo Ranch
$2,975,000
57 acres
Douglas County, CO 80116
Red Silo Ranch spans 57 serene acres, offering a private retreat with the comfort of a 6,420-square-foot custom ranch-style home. The grand foyer welcomes you into the main level, where floor-to-ceiling windows showcase breathtaking views of your very own rock canyon to the west. The updated chef’s kitchen features top-of-the-line appliances, an open-concept layout, and seamless connectivity to the spacious great room, which boasts a fireplace, built-in media center, and wet bar. The expansive primary suite offers direct access to the patio, while a second bedroom with an ensuite bath, a dedicated office with built-ins, multiple dining areas, and a laundry/mudroom complete the main level. The finished lower level provides ample space for entertainment and relaxation, featuring a massive rec room, playroom, theater room, two additional bedrooms, and two baths. To the east, a 60’ x 96’ Morton barn with drive-through doors provides ample space for stalls and runs, while to the west, a 40’ x 42’ insulated Cleary shop building offers concrete floors, heating, and air conditioning. Enhancing the property’s charm, a hilltop gazebo, a covered BBQ patio with a fireplace, lush landscaping, and native grass pastures complete this exceptional ranch. LOCATION The property is located in Douglas County, Colorado which is well known as a horse community. The lush 57 acres is perfect for your horses and livestock. The property borders Hidden Mesa Trail consisting of 1,224 acres and Douglas County Open Space on two sides. Castlewood Equestrian Center borders the land on the east side. Douglas County is known as the center of horse country in Colorado. Equestrian facilities, riding trails and events are bountiful in this horse community. Adjoining towns include Castle Rock and Parker. Every amenity including fine restaurants and shopping are within 15 minutes away. The property is ¼ mile off of State Highway 83 to the north and is an end of the road property with privacy gates. ACREAGE AND DESCRIPTION The ranch spans 57 secluded acres, nestled among scenic bluffs, a charming rock canyon, and mature natural landscaping. Ideal for grazing both horses and cattle, the land features mostly flat terrain with two elevated plateaus of fenced and cross-fenced native pasture, complete with shelters and water access. A pond in the northwest corner can be filled with irrigation water, enhancing the property’s functionality. Perched on the upper plateau, a covered gazebo offers breathtaking views of the Cherry Creek Valley and Franktown, Colorado, providing the perfect vantage point to take in the surrounding beauty. OPERATIONS In the past this ranch has supported a cow/calf operation. There are steel pens, chutes and processing equipment in place. There is also a large chicken or fowl coup that is fully fenced with water. The Morton Barn houses a 12’ x 80’ enclosed, climate controlled, complete Fodder system that can produce 5000 lbs per day, year-round, of green grass, complete with a conveyor and all necessary equipment, for year-round income. The balance of the barn is open and ready for your design and installation of a new horse barn interior, including stalls, wash bays, tack, hay, trailer and equipment storage. WILDLIFE AND RECREATION Douglas County has a diverse population of wildlife due to the terrain, water ways, native grasses, pine and scrub forest areas. Deer, elk, birds of prey are frequent in this area. As far as equestrian venues, this is horse haven for trails, open space, parks and events. WATER RIGHTS AND RESOURCES The high capacity well (Permit #77124-F) installed in 2013, accesses the Lower Dawson Aquifer. The approved maximum pumping rate of the well is 50 gallons per minute and the average annual amount of ground water to be withdrawn is 7.4 acre-feet. The approved beneficial uses are: irrigation, commercial, stock watering and domestic. Copy of permits and State Engineer findings are available on request. IMPROVEMENTS Home This stunning 6,420-square-foot custom ranch-style home features four bedrooms, five baths, and a spacious 2.5-car garage. Thoughtfully designed with high-end finishes and modern conveniences, it offers both comfort and elegance. Chef’s Kitchen: The gourmet kitchen is a chef’s dream, equipped with top-tier Viking appliances, including a Dutch door steam/convection oven, warming drawer, and microwave. A Jenn-Air five-burner gas cooktop and a Sub-Zero refrigerator—complemented by two additional refrigerator drawers—add to its functionality. The one-of-a-kind granite countertop, with a chiseled edge, is beautifully paired with a copper tile backsplash. A walk-in pantry and a large breakfast nook complete the space. Main Living Areas: Designed for effortless entertaining, the kitchen flows into a spacious casual dining area and a great room, where floor-to-ceiling Pella windows and a sliding door open to a covered patio with breathtaking views of the rock canyon. The great room features a built-in wall of shelves, cabinets, and drawers for entertainment equipment. A full wet bar—tucked in the corner next to the office—includes Viking beverage refrigerators and an ice maker. The office itself is well-appointed with a built-in desk, shelves, and storage. Off the grand foyer, a charming powder room adds character with a wine barrel vanity, copper sink, and an old-fashioned pull-chain commode. A comfortable guest bedroom with an ensuite bath and walk-in closet completes this side of the home. Primary Suite: The spacious primary suite offers direct access to the covered patio and includes a cozy sitting area framed by floor-to-ceiling windows. The luxurious five-piece ensuite features a separate vanity area, a large jetted tub, a custom two-head shower, an oversized linen closet, and a generous walk-in closet. Lower Level: The finished lower level is designed for entertainment and relaxation, featuring a vast recreation room complete with a pool table, dry bar, and TV area, along with an attached bonus playroom. Down the hall, a dedicated theater/media room is equipped with a projector and screen for the ultimate movie experience. Two additional bedrooms and two full baths provide comfortable accommodations, while two separate finished storage areas add extra convenience. Additional Features: This exceptional home is equipped with a whole-house sound system and a security monitoring system. Auto on/off lighting is installed in bathrooms, closets, and other areas for added efficiency. The newer Lennox water heaters, heating, and A/C units feature Smart zoned thermostats for optimal climate control. Outside, a covered living space includes a built-in BBQ, refrigerator, and wood-burning fireplace—perfect for year-round entertaining. Adjacent to this area, a fenced vegetable and fruit garden provides a touch of country living. Barn The 60’ x 96’ steel barn, built by Morton in 2017, offers exceptional functionality with 15’ side walls and dual 12’-wide sliding doors on both the east and west sides for easy access. The north and south sides each feature a 12’ shed roof overhang, providing ample shelter for horses or additional equipment storage. Inside, a dedicated fodder system is housed in a 12’ x 80’ enclosed area with concrete flooring, while the remaining barn space features dirt floors, ready for your custom design—whether for stalls, a wash bay, tack room, hay storage, or equipment needs. The barn is fully equipped with power (including 240V), interior and exterior lighting, and a water supply. Adjacent to the barn, fenced pastures and turnouts, each with convenient water hydrants, provide excellent space for livestock. Additionally, a new Amber Waves 1,500-bushel grain bin sits on the barn’s east side, enhancing feed storage capabilities. Shop Building The 40’ x 42’ Cleary metal building, built in 2012, is fully insulated and equipped with a propane furnace and air conditioning, ensuring year-round comfort. A commercial-grade 12’ x 14’ overhead door with an automatic opener provides easy access, while the building is fully outfitted with water, electricity (including 240V power) for heavy-duty equipment, welders, and tools. Inside, a 10,000-pound vehicle lift is included, along with permanent compressed air and dust collection lines for added efficiency. A separate washroom and bathroom, complete with a water heater, add convenience to this well-equipped workspace. Miscellaneous Structures and Features 12’ x 12’ chicken coop with power, lights, water and a concrete floor. A 6’ mesh fence with posts for overhead cover installed. 12’ x 24’ lean to livestock shelter in pasture by house 12’ x 48’ lean to pasture shelter with fenced runs in east pasture 13’ x 30’ tack and feed shed with lighting. Numerous hydrants, most with electric boxes, are scattered though out the acreage and in pastures at stock tanks. TAXES: Tax year 2024 payable in 2025 are $9,527. Property is zoned Ag. SUMMARY Welcome to your dream ranch—57+ acres of privacy, open space, and premier amenities, perfect for your family, horses, and livestock. Nestled among scenic bluffs, a rock canyon, and rolling plateaus, this exceptional property features a custom ranch-style home, a well-equipped shop building, and an expansive barn surrounded by lush pastures. Perched at the end of a private road, the ranch offers breathtaking hilltop views and direct access to adjoining open space and trails, ensuring endless opportunities for riding and exploration.
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Premier listing
Sanctuary Ridge Ranch
$1,545,000
106 acres
Larimer County, CO 80513
Sanctuary Ridge Ranch spans approximately 106 contiguous, fenced acres—an uncommon gem nestled in the northern Front Range of the Rocky Mountains. Featuring rugged rock ridges, serene valleys, and gently rolling pastures, this secluded property remains untouched by development. It’s an extraordinary find in the foothills, offering multiple pristine sites to build your ideal homestead and ranch facilities. Enjoy sweeping 360-degree views of cities, plains, lakes, foothills, and the majestic, snow-capped peaks of the Rockies. This is a blank canvas, ready for you to transform into your own private sanctuary. LOCATION & AREA The ranch is located just 20 minutes from Interstate 25 and the Highway 56 or Hwy 402 exits. It is located within 30 minutes or under, of several major Northern Colorado cities, including Fort Collins, Loveland, Longmont and Boulder. And just a 45-minute drive to Metro Denver area, and about 75 minutes to DIA. Sanctuary Ridge Ranch is secretly nestled within the rock ridges and valleys of the foothills, just 8 miles west of Berthoud, Colorado. The entrance to the property is on a paved and maintained Larimer County Road. Berthoud, known as “the garden spot of Colorado,” is a small, quaint and historic community. It is primarily a farming community with a population of around 13,000 people. There are numerous restaurants, shopping centers and conveniences. The schools in the area are top notch. The town is also now the home of one the newest TPC Golf Courses and was rated by Golf Digest as one of the top 100 golf courses in the U.S. in 2021. ACREAGE The approximate 106 acres consists of a large native grass valley to the east, with numerous moss rock ridges on the east and west, scattered with mature pines, Mountain Mahogany, Wild Plum and Choke Cherry in the riparian area. The 106 acres is divided into three contiguous parcels of 35 plus acres each, however, the seller will not entertain selling them separately. Although, this would be a perfect scenario for a family compound or ranch. The ridges all have excellent views that can never be obstructed. There are several suitable building sites to choose from at each vista. From the premier ridge top area on the ranch there is a breathtaking 360-degree view of the mountains, back ranges and Front Range, as far as the eye can see. WATER The property will need to be serviced by a well when the building site is determined. There is a spring in the south canyon which seasonally forms a small waterfall and pools as it traverses down the small canyon. The rock outcroppings at this site are beyond description. WILDLIFE & RECREATION Sanctuary Ridge ranch has an abundance of wildlife year-round. Most frequent and numerous are herds of mule deer and elk. There are also coyotes, rabbits and occasionally bobcats and bears. Birds of all kinds are abundant on the foothills ranch, including quail, pheasant and birds of prey. Minutes away to the west of the ranch is Carter Lake, an 1,100-acre reservoir that has full recreational facilities including moorings, boat docks, a sail boat yacht club and visitor’s center. Primary activities in and around the lake are sailing, fishing, water skiing, along with camping and hiking. Fishing opportunities include Trout, Walleye and Bass. There is a second reservoir being constructed behind Carter Lake. In addition, there are currently over 22 golf courses within 30 minutes of the ranch. With Rocky Mountain National Park and Estes Park less than 30 minutes up the canyons, year-round sporting and outdoor activities await. Ski resorts are as close as 45 minutes from the ranch.
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