10440 Lucas Ave Franktown CO 80116

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 an apartment in barn or garage 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.