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HWY 83 - Franktown Residential Land

97 Acres of Residential Land Offered at $2,250,000 in Franktown, CO 80116

Investment Highlights

  • Development Opportunity
  • Private Land
  • Raw Land

Executive Summary

Part of the Anderson Ranch family homestead since the late 1800s, this remarkable 97-acre parcel in southeast Douglas County offers a rare opportunity to own a piece of Colorado’s agricultural heritage. With its expansive terrain, natural beauty, and valuable Cherry Valley surface and subsurface water rights, this property is ideal for those looking to preserve and enjoy Colorado’s rural landscapes without immediate plans for development. Currently designated as agricultural land, the zoning allows for continued low property taxes and land stewardship.
While future redevelopment or subdivision of this property could be possible, it would require county approval. The west boundary abuts Colorado State land, enhancing privacy, while proximity to a fire station on Parker Road provides additional security.
Encompassing stunning rock formations, the flowing waters of West Cherry Creek, and abundant wildlife, this acreage is a pristine slice of Franktown’s landscape. Its current zoning allows for 30+ acre lots, providing both flexibility and privacy for potential use. Situated with convenient access to Hwy 83/Parker Road, the property is only 20-30 minutes from Castle Rock and Larkspur, and 40-60 minutes to Denver, DIA, and Colorado Springs. Nearby Kelly Airpark also offers an option for private air travel.
This land embodies Colorado’s natural beauty and history—perfect for those seeking a unique and lasting legacy property in a serene and convenient location.
Seller has been granted a decree for rights to groundwater from the not nontributary Upper Dawson and from the nontributary Lower Dawson, Denver, Arapahoe, and Laramie-Fox Hills aquifers underlying the subject property. Water rights will be transferred to buyer at closing.

Property Facts

Price $2,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 97.00 AC
Cross Streets GREENLAND RD

1 Lot Available

Lot

Price $2,250,000
Price Per AC $23,196
Lot Size 97.00 AC

Seller has been granted a decree for rights to groundwater from the not nontributary Upper Dawson and from the nontributary Lower Dawson, Denver, Arapahoe, and Laramie-Fox Hills aquifers underlying the subject property.

Description

PREMIER 97 ACRES WITH WATER RIGHTS IN FRANKTOWN: A part of the owner’s Anderson Ranch family homestead since the late 1800s, the expansive terrain and natural beauty of this land offers a unique opportunity to own and develop a piece of Colorado history within southeast Douglas County. Perfect for builders looking to develop several estates or a multiple-building family compound, it is currently zoned as agriculture property. Hold for continued low taxes with this designation or build now. The west border runs along Colorado State land adding privacy and a fire station sits on Parker Road for safety. Valuable Cherry Valley surface and below-grade water rights add to the value of this property. Enjoy the acreage’s rock formations, West Cherry Creek, and wildlife. Currently, zoning is for 30+ acre lots and is accessible via Hwy 83/Parker Road. As future amenities and development of Franktown’s surrounding area continue, appeal and convenience will be added without sacrificing this gorgeous, one-of-a-kind property's privacy. Situated 20-30 minutes east of Castle Rock and Larkspur, drives to Denver, DIA, and Colorado Springs are between 40-60 minutes away. Nearby Kelly Airpark offers an additional option for transportation. Seller has been granted a decree for rights to groundwater from the not nontributary Upper Dawson and from the nontributary Lower Dawson, Denver, Arapahoe, and Laramie-Fox Hills aquifers underlying the subject property. Water rights will be transferred to buyer at closing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2775-062-00-001
Land Assessment
$6,280
Improvements Assessment
$0
Total Assessment
$6,280

zoning

Zoning Code A1
A1
  • Listing ID: 30804722

  • Date on Market: 1/28/2024

  • Last Updated:

  • Address: HWY 83, Franktown, CO 80116

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