11834 Cave Spring Rd Franktown, CO 80116
Estimated payment $5,431/month
Total Views
18,531
50.02
Acres
$19,492
Price per Acre
2,178,871
Sq Ft Lot
Highlights
- Views of Pikes Peak
- Horses Allowed On Property
- Meadow
- Barn
- 50.02 Acre Lot
- Pond
About This Lot
Discover an exceptional opportunity in Palmer Divide Ranches—50 acres of premium land with panoramic Front Range and Pikes Peak views. This rare estate offering includes a 2,880 sq ft steel barn, equipped with 3-phase power, two unfinished offices, 1/2 bathroom and roughed in bath, plus a cozy wood-burning stove and kitchenette, ideal for agricultural use, shop space, or future conversion. Multiple partially finished interior spaces with insulation, plumbing, and drywall in place provide flexible options for further customization. The barn is also supported by two drain fields, including one sized for a future 5,000 sq ft home, and six well heads deliver excellent irrigation potential. A water line extends to a future pond or swimming area, and the land yields 8,000–10,000 bales of hay annually under its current Ag designation. A total of 4.5 acre-feet of unadjudicated Dawson aquifer rights (3 Upper Dawson, 1.5 Lower Dawson) are included—supporting the possibility of an additional well. Wildlife frequent the property thanks to seasonal Cherry Creek running through it, and mature trees and native grasses add natural beauty and privacy. With utilities already in place near a prime build site, and located midway between Denver and Colorado Springs, this property offers unmatched versatility for your custom estate, equestrian operation, or agricultural vision.
Listing Agent
Pulse Real Estate Group LLC Brokerage Phone: 719-399-0000 Listed on: 07/29/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,444
Lot Details
- 50.02 Acre Lot
- Creek or Stream
- Cul-De-Sac
- Rural Setting
- Partially Fenced Property
- Level Lot
- Hillside Location
- Meadow
- Few Trees
- Grass Covered Lot
HOA Fees
- $104 Monthly HOA Fees
Property Views
- Pikes Peak
- Panoramic
- Mountain
Utilities
- Water Rights
- 1 Water Well
Additional Features
- Barn
- Horses Allowed On Property
Community Details
Recreation
- Pond
- Spring on Lot
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,444 | $30,320 | $3,660 | $26,660 |
| 2023 | $2,471 | $30,320 | $3,660 | $26,660 |
| 2022 | $2,035 | $24,310 | $2,520 | $21,790 |
| 2021 | $2,237 | $24,310 | $2,520 | $21,790 |
| 2020 | $2,282 | $26,910 | $3,930 | $22,980 |
| 2019 | $2,293 | $26,910 | $3,930 | $22,980 |
| 2018 | $2,266 | $26,130 | $3,190 | $22,940 |
| 2017 | $2,110 | $26,130 | $3,190 | $22,940 |
| 2016 | $2,057 | $24,980 | $1,250 | $23,730 |
| 2015 | $2,104 | $24,980 | $1,250 | $23,730 |
| 2014 | $2,220 | $28,570 | $5,090 | $23,480 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $975,000 | -- | -- |
Source: Pikes Peak REALTOR® Services
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $86,040 | New Title Company Name | |
| Warranty Deed | $651,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Land Title Guarantee Company | |
| Special Warranty Deed | -- | Land Title Guarantee Co | |
| Special Warranty Deed | $485,000 | Land Title Guarantee Co | |
| Interfamily Deed Transfer | -- | Security Title | |
| Special Warranty Deed | $273,700 | Security Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $339,350 | Commercial |
Source: Public Records
About the Listing Agent
Scott Coddington is the owner and managing broker of Pulse Real Estate Group, LLC, proudly serving Colorado Springs, Pueblo, Denver and the surrounding communities. A native of Colorado Springs and a third-generation real estate agent, Scott has been serving the local market since 1997. He grew up learning real estate and best business practices from his family, shaping a career grounded in character, integrity, and doing what’s right—values that remain the foundation of Pulse Real Estate Group
Scott's Other Listings
-
$598,900 Pending
- 3 Beds
- 2.5 Baths
- 2,676 Sq Ft
- 557 S Archdale Dr
- Pueblo West, CO
Elegant One-Level Living on 1 Acre in Pueblo West! This stunning custom ranch offers 2,676 sq ft of beautifully designed space all on one level—with no stairs going into the home, making access a breeze. From the moment you enter the grand tiled foyer with lighted art niches, you’ll appreciate the spacious layout, soaring 11-ft ceilings, and abundant natural light. The expansive great room
Scott Coddington Pulse Real Estate Group LLC
Source: Pikes Peak REALTOR® Services
MLS Number: 2408604
APN: 2603-284-00-010
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