$495,000
$70K PRICE DROP

11325 Cave Spring Rd Unit 3 Franktown, CO 80116

Estimated payment $2,815/month

Total Views 2,857
35 Acres
$14,139 Price per Acre
1,525,036 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 35.01 Acre Lot
  • Meadow
  • Gated Community
  • Mountain View
  • Partially Wooded Lot

About This Lot

Experience the freedom of wide-open spaces, where Colorado skies meet the land. Make this 35 acre parcel the foundation for your vision of rural living, where every sunrise over the plains and every sunset over the peaks feels like a breath of fresh air. *** Nestled in the heart of Douglas County, this 35 acre property is a canvas for your equestrian or hobby farm, offering the perfect blend of natural beauty and proximity to Colorado Springs or Denver. With sweeping views of snow capped peaks, gently rolling terrain, and a creek running through the property, this land is primed for those seeking space, freedom and a connection to the land.
*** 35 acres of usable land, perfect for barns, paddocks, pastures and haying fields. Ample space for riding arenas and workshops. *** Includes additional water rights. *** Drill a well in the Upper or Lower Dawson. *** East Cherry Creek meanders through the property bringing wildlife and serenity to the tranquil setting. ***Unobstructed vistas stretch across the plains, with a stunning backdrop of snow capped peaks in the distance - truly picturesque setting for your dream ranch. *** Expansive, level topography offers flexible building sites for your custom home and out buildings.

Listing Agent

Penny Smith

eXp Realty, LLC Brokerage Email: PennySmithrealestate@gmail.com,720-412-5251 License #100085624 Listed on: 05/15/2025

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $165

Lot Details

  • 35.01 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Creek or Stream
  • Natural State Vegetation
  • Suitable For Grazing
  • Level Lot
  • Meadow
  • Partially Wooded Lot
  • Grass Covered Lot
  • Property is zoned Agricultural

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Mountain
  • Meadow

Farming

  • Crops
  • Hay
  • Pasture

Additional Features

  • Horses Allowed On Property
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number 2603-283-00-003

Community Details

Overview

  • Association fees include ground maintenance, road maintenance
  • Palmer Divide Ranches On East Cherry Creek Homeown Association, Phone Number (865) 315-7505
  • Palmer Divide Ranches On East Cherry Creek Subdivision

Recreation

  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$165

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Agricultural, Vacant
  • Exclusions: none
  • Directions: GPS will take you there
  • SubdivisionName: PALMER DIVIDE RANCHES ON EAST CHERRY CREEK
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • REC_WaterMineralRights: Water Rights
  • Attribution Contact: PennySmithrealestate@gmail.com,720-412-5251
  • Special Features: VirtualTour

Exterior Features

  • View: Meadow, Mountain(s)
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Waterfront Features: Stream

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Road Maintenance
  • Association Name: Palmer Divide Ranches on East Cherry Creek Homeown
  • Association Fee Frequency: Annually
  • Association Amenities: Gated, Trail(s)
  • Association Fee: 1250
  • Phone: 865 315-7505
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1250.00
  • REC_AssociationFeeTotalAnnual: 1250.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: bjjanssen99@msn.com

Lot Info

  • Horses: Yes
  • Parcel Number: 2603-283-00-003
  • Lot Size Acres: 35.01
  • Possible Use: Agricultural, Residential
  • Cultivated Acreage: 17
  • Horse Amenities: Pasture, Water - Stream/Spring
  • Lot Features: Level, Meadow, Suitable For Grazing
  • Lot Size Sq Ft: 1525035.6

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 165

Map

Range of Values:

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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 $221 $2,560 $2,560 --
2023 $223 $2,560 $2,560 $0
2022 $148 $1,770 $1,770 $0
2021 $164 $1,770 $1,770 $0
2020 $233 $2,750 $2,750 $0
2019 $234 $2,750 $2,750 $0
2018 $193 $2,230 $2,230 $0
2017 $180 $2,230 $2,230 $0
2016 $31 $380 $380 $0
2015 $16 $380 $380 $0
2014 $32 $350 $350 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Price Changed $495,000 -12.4% --
05/15/2025 05/15/25 For Sale $565,000 -- --
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $235,000 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $176,250 Unknown
Source: Public Records

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Source: REcolorado®

MLS Number: 9073698

REcolorado®

APN: 2603-283-00-003