NOT LISTED FOR SALE

10440 Lucas Ave Franktown, CO 80116

Estimated Value: $453,385

37 Acres
$12,254 Price per Acre
1,611,720 Sq Ft Lot

Sale Details

Date Sold: February 27, 2026

Last sale price $450,000

Est. 1% increase in value since last sale

Current estimated payment $2,505 / mo

746 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • 37 Acres of Pasture
  • 37 Acre Lot
  • Spring on Lot
  • Development Is Complete

About This Lot

As of February 2026

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.

Last Agent to Sell the Property

Don Clymer

CR Realty, LLC Brokerage Email: Don@CRRealtyLLC.com,303-921-6961 License #40004022 Listed on: 11/03/2023

Last Buyer's Agent

Penny Smith

eXp Realty, LLC License #100085624

eXp Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 37 Acre Lot
  • Property fronts a private road
  • Property is Fully Fenced
  • Suitable For Grazing
  • Development Is Complete
  • Property is zoned A1

Property Views

  • Mountain
  • Meadow
  • Valley

Farming

  • Livestock Fence
  • 37 Acres of Pasture
  • Hay

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Spring Is the Water Source
  • Water Rights
  • Septic Tank

Listing and Financial Details

  • Exclusions: a few portatble fence panels.
  • Property held in a trust
  • Assessor Parcel Number R0393531

Community Details

Overview

  • Property has a Home Owners Association
  • Cherry Valley Ranchettes Subdivision

Recreation

  • Spring on Lot

Property Details

Property Type

Land

Lot Details

37 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Agricultural, Livestock
  • Exclusions: a few portatble fence panels.
  • Directions: Highway 83 south of Franktown to Lucas Avenue and property runs along the south line of Lucas Avenue.
  • SubdivisionName: Cherry Valley Ranchettes
  • Ownership: Corporation/Trust
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • REC_WaterMineralRights: Water Rights
  • Ratio Close Price By Original Li: 0.70313
  • Special Features: None

Exterior Features

  • View: Meadow, Mountain(s), Valley
  • Road Frontage Type: Private Road, Public
  • Road Surface Type: Gravel

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Spring

Condo/Co-op/Association

  • Association Name: none
  • Association Fee Frequency: None
  • Phone: None
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_AssociationManagementType: Self Managed
  • REC_AssociationPrivateTransferPercentageOrFee: $0.00
  • REC_AssociationStatusLetterPercentageOrFee: $0.00
  • REC_AssociationTransferAmount: $0.00

Lot Info

  • Horses: Yes
  • Parcel Number: R0393531
  • Lot Size Acres: 37
  • Fencing: Fenced Pasture, Full
  • Possible Use: Agricultural, Livestock, Residential
  • Lot Features: Spring(s), Suitable For Grazing
  • Lot Size Sq Ft: 1611720
  • Pasture Area: 37

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 36

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 27, 2026
Sold by
Binford Kathleen and Mikelson Randal A
Bought by
Seller's Agent
Don Clymer
CR Realty, LLC
Buyer's Agent
Penny Smith
eXp Realty, LLC
List Price
$640,000
Sold Price
$450,000
Premium/Discount to List
-$190,000
-29.69%
Views
196
Current Estimated Value
$453,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,385
Avg. Annual Appreciation
3.34%
Original Mortgage
$360,000
Outstanding Balance
$356,897
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$101,010

Purchase Details

Closed on
Dec 12, 2025
Sold by
Douglas Valley Enterprises Inc
Bought by
Evans Phyllis Diane and Mikelson Phyllis M

Purchase Details

Closed on
Jun 13, 2003
Sold by
Cummings Russel J and Cummings Idelia A
Bought by
Douglas Valley Enterprises Inc
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Land Title
Naylor Ian $450,000 Land Title
Evans Phyllis Diane -- None Listed On Document
Binford Kathleen S -- None Listed On Document
Douglas Valley Enterprises Inc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 Sold $450,000 -3.2% --
04/15/2025 04/15/25 Price Changed $465,000 -11.4% --
03/04/2025 03/04/25 Price Changed $525,000 -3.7% --
10/28/2024 10/28/24 Price Changed $545,000 -0.9% --
06/03/2024 06/03/24 Price Changed $550,000 -7.6% --
03/26/2024 03/26/24 Price Changed $595,000 -7.0% --
11/03/2023 11/03/23 For Sale $640,000 -- --
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $38 $320 $320
2025 $38 $320 $320
2024 $38 $440 $440
2023 $38 $440 $440 $0
2022 $36 $430 $430 $0
2021 $40 $430 $430 $0
2020 $38 $450 $450 $0
2019 $38 $450 $450 $0
2018 $37 $430 $430 $0
2017 $35 $430 $430 $0
2016 $33 $400 $400 $0
2015 $17 $400 $400 $0
2014 $16 $360 $360 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5937416

REcolorado®

APN: 2603-290-00-015

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