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10440 Lucas Franktown, CO 80116
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Key Details
Sold Price $450,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Cherry Valley Ranchettes
MLS Listing ID IRE5937416
Sold Date 02/27/26
HOA Y/N No
Annual Tax Amount $36
Tax Year 2022
Lot Size 37.000 Acres
Acres 37.0
Property Sub-Type Mixed Use
Source ires
Property Description
A beautiful 36 acres with incredible mountain and valley views. Water spring also on property. Very nice homes in the area. Property is located along Highway 83, but access can be off of Lucas Road, or private road along the east line of the property. Power is adjacent to property. There are numerous great home locations on the property. No time requirement on when you must build and there are only minor covenants requiring minimum of 1900 SF home (covenants in supplements) and covenants include a provision for an apartment in barn or garage subject to county regulations. No HOA fees. A unique feature is the existence of a spring on the property that would provide for livestock watering or additional uses. Property has also been used for hay production. Property is fully fenced with barb wire and some smooth strand wire. Sewer would be by septic system, not constructed. Home sites can be approximately as far from Highway 83 as 1/4 mile where best views are located, great sites for a walkout basement. Possible financing as low as 15% down payment through a rural bank lender. Land in this area continues to increase in value.
Location
State CO
County Douglas
Community Cherry Valley Ranchettes
Area Metro Denver
Zoning A1
Direction Highway 83 soutH of Franktown to Lucas Avenue and property runs along the south line of Lucas Avenue.
Exterior
Parking Features None
Fence Fenced, Other
View Y/N Yes
View Mountain(s), Hills, Plains View
Garage No
Building
Sewer Septic Tank
New Construction false
Schools
High Schools Douglas County Re-1
School District Douglas County Re-1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Horse Property Horse(s) Allowed
Listing Terms Cash, Conventional, 1031 Exchange
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