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Investment Highlights

  • Approved permits for Bed & Breakfast operations and 3 additional ADUs
  • Recent $100K+ upgrades including new HVAC, LED smart lighting, and white oak flooring
  • Convenient location: minutes from I-70 and 20 minutes to Hays Regional Airport
  • State-of-the-art smart home features with 5 SPAN Smart Panels—solar-ready
  • Outdoor paradise with professional landscaping, lakeside fire pit, and waterfall into the lake

Executive Summary

Introducing the Castle on Fossil Lake—an extraordinary architectural masterpiece offering the perfect blend of luxurious country living and income-generating potential. This stunning 9,600 sq. ft. estate sits on 5 scenic acres with breathtaking Fossil Lake frontage just outside Russell, Kansas. Whether you envision a prestigious private residence, a thriving bed and breakfast, an AirBnB, or a retreat destination, this property delivers elegance and opportunity on a grand scale.
Step inside and experience soaring 20-foot ceilings with hand-distressed wooden beams, stone walls, arched openings, and Venetian plaster finishes that exude timeless sophistication. The chef’s kitchen shines beneath a distinctive copper-tile ceiling, complemented by a butler’s pantry and multiple dining spaces perfect for entertaining. The home features 4 bedrooms, 4.5 bathrooms, and versatile spaces including a hearth room, study, nursery/playroom, and loft.
The master suite is a private sanctuary with a jacuzzi tub, expansive walk-in closet, balcony, and in-suite office with rooftop access. A fully finished basement offers an entertainment haven with custom oak cabinetry, full bar, wine racks, and stately bookcases. Outdoors, enjoy professional landscaping, a fenced yard, underground sprinklers, a drip system, and a lakeside fire pit for unforgettable sunsets.
Premium upgrades include over $100,000 invested in state-of-the-art electrical systems with 5 SPAN Smart Panels (solar-ready), new HVAC heat pump, professional-grade white oak flooring, LED smart lighting, and fresh interior/exterior paint. Additional amenities include a 36×42 heated Morton building with RV hookup, Nex-Tech fiber optic internet, rural water and well, Midwest Energy gas service, and two septic tanks.
Conveniently located minutes from Interstate 70 and just 20 minutes from Hays Regional Airport, this property combines accessibility with complete privacy. Approved permits for B&B operations, educational events, and three additional ADUs make this an unparalleled investment in lifestyle and legacy.

Data Room Click Here to Access

Property Facts

Price $1,929,396 CAD
Price Per SF $200.98 CAD
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Specialty
Building Class B
Lot Size 5.02 AC
Building Size 9,600 SF
No. Stories 3
Year Built 2008
Zoning Residential - Special use permits zoning

About 4122 186TH BLVD , RUSSELL, KS 67665

The Castle on Fossil Lake is a 9,600 sq. ft. estate situated on 5 acres overlooking Fossil Lake near Russell, Kansas. The home features 4 bedrooms, 4.5 bathrooms, and multiple living spaces including a hearth room, study, nursery/playroom, and loft. Architectural details include 20-foot ceilings with wooden beams, stone walls, arched openings, Venetian plaster finishes, and a chef’s kitchen with a copper-tile ceiling. The master suite includes a jacuzzi tub, walk-in closet, private balcony, and in-suite office with rooftop access. The finished basement offers custom oak cabinetry, a full bar, wine racks, bookcases, and a half bath, with garage access. Utilities include Nex-Tech fiber optic internet, rural water, water well, Midwest Energy gas service, and two septic tanks. Outdoor features include professional landscaping, fenced yard, underground sprinklers, drip irrigation, concrete patio, and a lakeside fire pit. A 36×42 Morton building with concrete floors, insulation, heat, and 220V outlets is also on-site. Recent upgrades include a solar-ready electrical system with 5 SPAN Smart Panels, new HVAC heat pump, LED smart lighting, professional-grade white oak flooring, and fresh paint. The property has approved permits for bed and breakfast operations, educational events, and construction of three accessory dwelling units. Located minutes from Interstate 70 and 20 minutes from Hays Regional Airport, the property offers both privacy and accessibility.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
171-02-0-30-01-028.01-0
Land Assessment
$4,367 CAD
Improvements Assessment
$152,200 CAD
Total Assessment
$156,568 CAD
  • Listing ID: 37771022

  • Date on Market: 2025-09-22

  • Last Updated:

  • Address: 4122 186th Blvd, Russell, KS 67665

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