Property Description

61.06 Acres in Strategic Center of Franktown, Colorado at Highways 83 and 86.This small community within easy striking distance of Castle Rock, Parker and the greater Denver metro area has become a growing and thriving low-density luxury and acreage real estate market where high end demand for affluent buyers have been attracted to Franktown’s rolling hills and ponderosa pines in conjunction with close access to wonderful outdoor recreation opportunities in places like Castlewood Canyon State Park and other open spaces for hiking, cycling and equestrian pursuits.The location of this property with frontage to north / south State Highway 83 and proximity to east / west State Highway 86 while rolling back in to the topography and away towards beautiful acreage subdivisions to the north and west creates an opportunity for an owner to enjoy as a larger acreage luxury estate, multigenerational compound, re-zone and create a low-density subdivision, or envision a mixed use pursuit.The property lies within the “Franktown Village Area” within the Douglas County Comprehensive Master Plan which may provide a broader spectrum of potential uses. Future opportunities may be further supported by existing water rights to the Denver Basin aquifers beneath.