Discover an exceptional opportunity in Palmer Divide Ranches—50 acres of premium land with panoramic Front Range and Pikes Peak views. This rare estate offering includes a 2,880 sq ft steel barn, equipped with 3-phase power, two unfinished offices, 1/2 bathroom and roughed in bath, plus a cozy wood-burning stove and kitchenette, ideal for agricultural use, shop space, or future conversion. Multiple partially finished interior spaces with insulation, plumbing, and drywall in place provide flexible options for further customization. The barn is also supported by two drain fields, including one sized for a future 5,000 sq ft home, and six well heads deliver excellent irrigation potential. A water line extends to a future pond or swimming area, and the land yields 8,000–10,000 bales of hay annually under its current Ag designation. A total of 4.5 acre-feet of unadjudicated Dawson aquifer rights (3 Upper Dawson, 1.5 Lower Dawson) are included—supporting the possibility of an additional well. Wildlife frequent the property thanks to seasonal Cherry Creek running through it, and mature trees and native grasses add natural beauty and privacy. With utilities already in place near a prime build site, and located midway between Denver and Colorado Springs, this property offers unmatched versatility for your custom estate, equestrian operation, or agricultural vision.
Lot/land
$975,000
11834 Cave Spring Rd, Franktown, CO 80116
--beds
--baths
50.02Acres
Land
Built in ----
50.02 Acres Lot
$-- Zestimate®
$--/sqft
$104/mo HOA
What's special
Excellent irrigation potential
- 4 days
- on Zillow |
- 296 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 03:00am
Listed by:
Scott Coddington 719-238-3536,
Pulse Real Estate Group LLC
Source: Pikes Peak MLS,MLS#: 2408604

Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: Panoramic, Mountain(s), View of Pikes Peak
- Waterfront features: Spring/Pond/Lake, Stream/Creek
Lot
- Size: 50.02 Acres
- Features: Cul-De-Sac, Hillside, Level, Meadow, Rural, Sloped, Wooded, Pond, Stream/Creek
- Topography: Level,Sloping
- Residential vegetation: Grassed, Lightly Treed
Details
- Additional structures: Barn(s)
- Parcel number: 260328400010
Utilities & green energy
- Water: Well-Active
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,250 annually
Location
- Region: Franktown
Financial & listing details
- Tax assessed value: $147,862
- Annual tax amount: $2,444
- Date on market: 7/29/2025
- Listing terms: Cash,Conventional
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