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Castle Rock is completing due diligence on a planned purchase of approximately 35 acres adjacent to Lost Canyon Ranch Open Space, with Town Council authorization for a price not to exceed $1.1 million. Closing is anticipated in early 2026, and Castle Rock Water is expected to contribute approximately $69,000 to $87,000 for the property’s water rights.
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The property would protect a sensitive area from potential residential development and largely serve as a buffer for the open space and nearby trail system. The purchase is not complete; staff must finish surveys, title review, inspections, and other conditions before closing. The meeting also included updates on the department’s 2026 accreditation review, the Sports Center construction schedule, and strong summer camp demand.
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