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) and include a provision for an apartment in barn or garage subject to county regulations. 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.
Lot/land
$465,000
10440 Lucas Avenue, Franktown, CO 80116
--beds
--baths
37Acres
Improved Land
Built in ----
37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spring on the propertyNumerous great home locations
- 645 days
- on Zillow |
- 327 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 03:51pm
Listed by:
Don Clymer 303-921-6961 Don@CRRealtyLLC.com,
CR Realty, LLC
Source: REcolorado,MLS#: 5937416

Travel times
Facts & features
Property
Features
- Fencing: Fenced,Full
- Has view: Yes
- View description: Meadow, Mountain(s), Valley
Lot
- Size: 37 Acres
- Features: Suitable For Grazing
- Residential vegetation: Grass Hay
Details
- Parcel number: R0393531
- Zoning: A1
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Water: Spring
Community & HOA
Community
- Subdivision: Cherry Valley Ranchettes
HOA
- Has HOA: Yes
- HOA name: none
Location
- Region: Franktown
Financial & listing details
- Annual tax amount: $36
- Date on market: 11/3/2023
- Listing terms: 1031 Exchange,Cash,Conventional,Farm Service Agency
- Exclusions: A Few Portatble Fence Panels.Portable Fence Panels.
- Ownership: Corporation/Trust
- Has irrigation water rights: Yes
- Road surface type: Gravel
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