8
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$465,000
Est. payment /mo
37 Acres Lot
Price Dropped by $60K
10440 Lucas Ave Franktown, CO 80116
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Cherry Valley Ranchettes
MLS Listing ID 5937416
HOA Y/N true
Originating Board REcolorado
Annual Tax Amount $36
Lot Size 37.000 Acres
Acres 37.0
Property Sub-Type Unimproved Land
Property Description
BIG PRICE REDUCTION!!! A beautiful 37 acres with great mountain and valley views and spring. 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. Numerous great home locations on the property with the Northeast corner of property sitting nice and high. Minor covenants requiring minimum of 1900 SF home (covenants in supplements). No HOA fees. A unique feature is the existence 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. Possible financing as low as 15% down payment through a rural bank lender, monthly is approximately $3000+/- but verify through lender. Land in this area continues to increase in value, other similar properties in the area are $525,000 and much higher.
Location
State CO
County Douglas
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
Fence Fenced, Other
View Mountain(s), Foothills View, Plains View
Present Use Horses
Street Surface Gravel
Building
Sewer Septic, Septic Tank
New Construction false
Schools
School District Douglas Re-1
Others
Senior Community false
Listed by Don Clymer • CR Realty, LLC • Don@CRRealtyLLC.com,303-921-6961
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