10440 Lucas Ave, Franktown, CO 80116

Property Description

A beautiful 36 acres with incredible mountain and valley views. Water spring also on property. 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. There are numerous great home locations on the property. No time requirement on when you must build and there are only minor covenants requiring minimum of 1900 SF home (covenants in supplements) and covenants include a provision for an apartment in barn or garage subject to county regulations. No HOA fees. A unique feature is the existence of 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, great sites for a walkout basement. Possible financing as low as 15% down payment through a rural bank lender. Land in this area continues to increase in value.