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10440 Lucas Avenue, Franktown, CO 80116
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$465,000
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Home Details for 10440 Lucas Avenue
Price
$465,000
Type
Lots/Land
Lot Size
37
County
Douglas
Tax
$36
MLS®️ Listing#
5937416
On exitrealty.com
650 days
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) and include a provision for apartment in barn or garage for hired hand 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.
- Water Features
- Spring
Listing Courtesy: CR Realty, LLC - Don@CRRealtyLLC.com,303-921-6961
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Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
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$465,000
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
5575 Tech Center Drive #206, Colorado Springs, CO 80919
Licensed in the state of Colorado
Sheryll White Broker. 719-452-4289