$2,450,000

10515 Lucas Ave Franktown, CO 80116

Estimated payment $14,311/month

Total Views 3,677
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Boat Ramp
  • Equestrian Center
  • Pond
  • Docks
  • Mountainous Lot
  • Jogging Path

About This Home

Stunning 39-acre Franktown estate with Pikes Peak & Mt. Evans views. Features a 7,000 sq ft executive home with 6 beds, 4.5 baths, gourmet kitchen, large deck, walkout basement, and 3-car garage. Includes a 80x42 Morton horse barn with 5 stalls, tack/vet room, and large run. Fenced pasture, seasonal pond, chicken house, dog yard, and shooting range. Ideal for equestrian and outdoor enthusiasts in Douglas County’s historic Cherry Valley.


Land

39 acres of picturesque rolling grassland, this property is a haven for outdoor enthusiasts and animal lovers alike. The expansive pasture, fully fenced for horses, features a heated Nelson waterer. A seasonal pond adds charm and functionality to the landscape. The property boasts a dedicated, cross-fenced area for a shooting and archery range. A spacious, 4 acre fenced dog yard provides ample room for pets to roam freely. 90 Mature trees and thoughtful landscaping with a 15 Station automatic sprinkler and drip system enhance the natural beauty, creating a serene and inviting environment perfect for recreation, relaxation, and rural living.



Improvements

This stunning 7,000 sq ft executive home, set against breathtaking views of Pikes Peak and Mt. Evans, offers luxury and functionality on a grand scale. The exterior features durable rock and wood siding, new high end composite shingles, and a large front porch perfect for soaking in the scenery. A newly redone driveway leads to a 3-car garage with silent automatic openers and LED lighting.
Inside, the main floor welcomes you with an elegant entryway and a spiral staircase descending to the basement. The living room, with high ceilings and expansive views, opens to a large deck and features a cozy gas fireplace. The gourmet kitchen is a chef’s dream, equipped with a Wolf gas stovetop, GE Monogram double oven with cafe doors, an oversized refrigerator, island sink, dishwasher, disposal, and a spacious pantry. The adjacent dining room showcases stunning mountain views. A main floor office, a mudroom with dog wash and storage, and a convenient half bath add practicality. A second office/bonus room sits above the garage. The home features whole house radiant in-floor heat and a buried 1000 gallon propane tank.
The main floor expansive 2024 master bedroom boasts Pikes Peak and Cherry Valley views, with direct deck access. The luxurious 2020 master bath includes a walk-in shower, tub, dual sinks, and an expansive 2012 walk-in closet. Two additional 1515 main level bedrooms share a Jack-and-Jill bath, and a laundry room with sink and cabinet storage near the bedrooms adds convenience. The home features 2 baths on the main level and two full baths downstairs.
The walkout basement is an entertainer’s paradise, complete with a wet bar, patio, family room with fireplace, weight room, exercise room. Three spacious basement bedrooms include a 1515 room, an 1818 room, and a 1518 room with its own bathroom. A Jack-and-Jill bathroom serves the other two bedrooms.
This meticulously designed home combines sophisticated living spaces, modern amenities, and unparalleled views, making it an exceptional retreat for those seeking elegance and comfort.
This exceptional equestrian property centers around a 8042 Morton horse barn, a masterpiece of functionality and style, featuring porch overhangs and elegant cupolas. The barn houses five stallsthree standard 1212 stalls and two spacious 2012 brood mare stallseach equipped with fans, lights, heated Nelson waterers and exterior stall doors. A large run provides ample space for horses to roam. The barn’s drive-through design includes large end doors and a durable concrete floor with stall mats for comfort and easy maintenance. A 3015 heated tack and vet room, complete with a sink, electrical outlets, ensures a comfortable and practical workspace for animal care.
Complementing the barn, includes a 1515 heated chicken house with a generous yard, perfect for poultry enthusiasts. Three loafing sheds offer additional shelter for horses or other livestock, making this property a dream for those seeking a well-appointed, versatile setup for animal husbandry and rural living.



Recreation

Designed for raising and keeping horses, the property is ideal for the serious horse enthusiast or the weekend beginning farmer. The property also features a fenced off outdoor gun and archery range.


Agriculture

Historically the property was used to house draft horses, llamas, goats and chickens. The Infrastructure is in place to make it your dream, whether cattle, horses, sheep, or chickens.


Region & Climate

Franktown, Colorado, has a semi-arid, continental climate with distinct seasons. Summers are warm, with July highs averaging 83.3F and lows of 58.8F . Winters are cool, with highs of 38.8F39.7F and lows of 20.5F21.7F. Spring sees highs from 50.5F to 65.5F, while fall ranges from 75.7F to 49.3F.
Annual rainfall of 15.918 inches. Humidity averages 53%, with 246 sunny days per year, well above the U.S. average of 205.
Franktown, Colorado, and the broader Douglas County offer a rich array of activities, particularly suited for those interested in equine and farm animal recreation, outdoor adventures, and community-oriented experiences. The region’s rural charm, scenic landscapes, and strong agricultural heritage make it an ideal destination for both residents and visitors.
Outdoor and Recreational Activities

Castlewood Canyon State Park: Located just south of Franktown, this park is a Douglas County gem, offering hiking, rock climbing, and bird-watching across 12 miles of trails. The 4.5-mile Rim Rock Trail is a favorite, with options to connect to other loops for extended adventures. The park’s deep canyons, historic dam ruins, and diverse wildlife make it a perfect day trip for property owners seeking nature nearby.
Hidden Mesa Open Space: This 1,200-acre site, a mile from Franktown, features a figure-8 trail system for hiking, biking, and horseback riding, with stunning views of the Front Range. The Mesa Run loop navigates fields and rocky outcrops, and the research orchard offers educational workshops on agriculture, relevant for managing the property’s animal facilities. The paved Cherry Creek Trail, accessible from Hidden Mesa, is ideal for multi-use recreation, including cycling and riding.
Cherry Creek and Chatfield State Parks: About 25 minutes north, Cherry Creek State Park offers fishing, boating, and camping, with over 1,300 acres of water for smallmouth bass and rainbow trout. The 17-mile Cherry Creek Trail, passing through Franktown, supports biking, walking, and horseback riding. Chatfield State Park, slightly farther, provides similar water-based activities and additional trails, enhancing the region’s outdoor appeal.
Shooting and Archery: The property’s cross-fenced shooting and archery range with separate gates offers a private space for recreational shooting, a popular activity in Douglas County’s rural setting. The region’s open spaces and low population density make it ideal for safe, outdoor target practice, complementing the property’s recreational versatility.



History

Cherry Valley’s history is a microcosm of Douglas County’s evolution, from Indigenous hunting grounds to a gold rush hotspot, a thriving agricultural community, and a modern exurban area. Its legacy of dairy farming, exemplified by the Lucas Dairy/Shady Springs Ranch, and its role in the Pikes Peak Gold Rush highlight its significance. Despite growth and modernization, Cherry Valley retains its rural charm, supported by historic preservation efforts and its integration into Douglas County’s vibrant recreational and cultural landscape.


Location

Located in the Cherry Valley 15 miles south of Franktown, Colorado. Denver International Airport is 52 miles north. Colorado Springs is located 33 miles to the south via the scenic Highway 83.

Jim Digby

Listed on: 05/21/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,874

Lot Details

  • Mountainous Lot
  • Current uses include hunting/fishing, row crop, orchard
  • Potential uses include orchard

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Docks
  • Pond

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Utilities

  • Gas Available

Community Details

Overview

  • Campground in community

Recreation

  • Boat Ramp
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,874

Lot Details

0

Listing Details

  • Bedrooms: Beds: 6
  • BathsCombined: 4
  • Office Phone: 303-883-8493
  • Listing Website: https://www.land.com/property/10515-lucas-ave.-franktown-colorado-80116/23605011/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Outside Features: Boat Dock/Slip
  • Potential Use: Orchard
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 4

Exterior Features

  • Dock: True
  • Pond: True
  • Other Structures: Equestrian Center

Condo/Co-op/Association

  • Amenities: Boat Ramp, Campground, Jogging Path/Bike Path

Lot Info

  • Current Use: Hunting/Fishing, Row Crop, Orchard
  • Lot Description: Horses Permitted, Tank/Pond, Mountain

Multi Family

  • Utilities Available: Electric Avail On Site, Gas Avail. On Site

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $8,874 $113,350 $470 $112,880
2023 $9,556 $113,350 $470 $112,880
2022 $6,842 $81,720 $460 $81,260
2021 $7,228 $81,720 $460 $81,260
2020 $7,107 $83,820 $480 $83,340
2019 $7,141 $83,820 $480 $83,340
2018 $6,965 $80,310 $460 $79,850
2017 $6,485 $80,310 $460 $79,850
2016 $6,556 $54,930 $430 $54,500
2015 $4,626 $54,930 $430 $54,500
2014 $4,746 $52,670 $390 $52,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $2,450,000 -- $376 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Warranty Deed $799,999 Land Title Guarantee Company
Interfamily Deed Transfer -- Mdt
Warranty Deed $130,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $400,000 Adjustable Rate Mortgage/ARM
Previous Owner $182,800 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $91,000 No Value Available
Source: Public Records

Similar Homes in Franktown, CO

  • 10515 Lucas Ave, Franktown, CO 80116

    $2,450,000

    • 6 Beds
    • 4.5 Baths
    • 5,663 Sq Ft
    • 10515 Lucas Ave
    • Franktown, CO

    Stunning 39-acre Franktown estate with Pikes Peak & Mt. Evans views. Features a 7,000 sq ft executive home with 6 beds, 4.5 baths, gourmet kitchen, large deck, walkout basement, and 3-car garage. Includes a 90x45 Morton horse barn with 5 stalls, tack/vet room, and large run. Fenced pasture, seasonal pond, chicken house, dog yard, and shooting range. Ideal for equestrian and outdoor enthusiasts in

    Jim Digby Hayden Outdoors LLC

    Section Image
  • 6597 S Highway 83, Franktown, CO 80116

    $1,899,000

    • 4 Beds
    • 2 Baths
    • 3,561 Sq Ft
    • 6597 S Highway 83
    • Franktown, CO

    Welcome home to this horse lovers dream! Escape to your rare horse/cattle property! Views! Nestled on an expansive 103.93-acre property, this stunning farmhouse estate offers a serene country lifestyle with modern conveniences and livestock ready amenities. A beautiful farmhouse home serves as the primary residence, while a spacious 3 bed 2 bath manufactured home with an attached 2 car garage

    Kelly Bane KB Ranch and Home

    Section Image
  • 6597 S State Highway 83, Franktown, CO 80116

    $1,899,000

    • 4 Beds
    • 2 Baths
    • 3,561 Sq Ft
    • 6597 S State Highway 83
    • Franktown, CO

    Welcome home to this rare horse/cattle property! Views! *Location! Nestled on an expansive 103.93-acre property, this stunning farmhouse estate offers a serene country lifestyle with modern conveniences and livestock ready amenities. A beautiful farmhouse home serves as the primary residence, while a spacious 3 bed 2 bath manufactured home with an attached 2 car garage provides a perfect second

    Kelly Bane KB Ranch and Home

    Section Image
  • 1587 Arrowpoint Ct, Franktown, CO 80116

    $2,675,000

    • 6 Beds
    • 6 Baths
    • 6,754 Sq Ft
    • 1587 Arrowpoint Ct
    • Franktown, CO

    $50k SELLER PAID CREDIT! Experience the pinnacle of Colorado mountain style living but in the convenience of the great Denver metro area suburbs of an exclusive enclave in beautiful and historic Franktown. This custom home is nestled on 2 scenic acres in a gated community and meticulously designed to blend unmatched mountain charm with modern elegance, breathtaking panoramic views and refined

    Jessica Drummond Coldwell Banker Realty 44

    Section Image
  • 1555 Arrowpoint Ct, Franktown, CO 80116

    $2,697,000

    • 5 Beds
    • 6 Baths
    • 6,544 Sq Ft
    • 1555 Arrowpoint Ct
    • Franktown, CO

    Nestled in the heart of Franktown's most exclusive gated community, this brand-new custom masterpiece is the epitome of mountain modern elegance. Perfectly positioned on the best two-acre homesite in the neighborhood, this 5-bedroom, 6-bathroom retreat offers unparalleled privacy, breathtaking mountain views, and a setting of mature trees that make it feel like your own private oasis. Arrowpoint

    Megan Gage Brokers Guild Real Estate

    Section Image
  • 1561 Arrowpoint Ct, Franktown, CO 80116

    $2,899,000

    • 6 Beds
    • 5.5 Baths
    • 7,384 Sq Ft
    • 1561 Arrowpoint Ct
    • Franktown, CO

    Your custom sprawling ranch dream home on 2 acre wooded lot awaits you. *Build in progress* Customization available for a limited time* Welcome to Arrowpoint Estate’s largest ranch where the serenity of country living in the Black Forest pines offer a true escape from the hustle and bustle but also conveniently located to everyday essential amenities. Immense space combined with luxury finishes

    Jessica Drummond Coldwell Banker Realty 44

    Section Image
  • 1559 Apex Rd, Franktown, CO 80116

    $1,900,000

    • 4 Beds
    • 4 Baths
    • 5,070 Sq Ft
    • 1559 Apex Rd
    • Franktown, CO

    Outshine Fox Hill’s finest with this contemporary pastoral and woodland retreat featuring a 4-bed, 4-bath, 5070-sq-ft retreat in Franktown’s historic Russellville hamlet, boasting 6.34 acres and minimal (voluntary) HOA fee (vs. Fox Hill’s high HOA fees and limited acreage). Nestled among Ponderosa pines and meadows, just minutes from Castle Rock and Parker, this masterpiece blends rustic

    Kimberlee Prechodko HomeSmart

    Section Image
  • 1820 S State Highway 83, Franktown, CO 80116

    $1,900,000

    • 5 Beds
    • 5 Baths
    • 7,937 Sq Ft
    • 1820 S State Highway 83
    • Franktown, CO

    Welcome to a rare and serene country retreat nestled on over 40 acres in the heart of Franktown. With expansive views of the Colorado Front Range, wide-open skies, and unparalleled privacy, this estate offers the perfect blend of luxury, land, and lifestyle.From the moment you arrive, you're greeted by rolling meadows, towering trees, and a long private drive leading to a beautifully

    Steven Norris eXp Realty, LLC

    Section Image
  • 1724 Arrowpoint Ct, Franktown, CO 80116

    $2,650,000

    • 5 Beds
    • 5.5 Baths
    • 5,226 Sq Ft
    • 1724 Arrowpoint Ct
    • Franktown, CO

    This isn’t just a house in progress—it’s a home with perspective, rooted in the landscape, designed for real life, and finished with intention. Currently under construction and about 60 days from completion, the bones are set and the finishes are dialing in. The sprawling ranch sits on two acres in Franktown’s gated Arrowpoint Estates, where private trails wind through the pines and Pikes Peak

    Elaine Stucy LIV Sotheby's International Realty

    Section Image