See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

0 N State Highway 83, Franktown, CO, 80116

0beds
0baths
0sqft
$2,496,000
--price/sqft
$15,160/moest. monthly cost
$606,400/yrincome needed

About This Home

A rare opportunity to own 197.85 acres of land in such a great location with Water Rights. This property has been in the same family for decades. The property could be used as a development or a family owned ranch. No HOA, located off of S Highway 83 between Franktown and Colorado Springs, the Crowfoot Creek runs through most of the eastern side of the property. A natural spring is located on the front 40 acres. 197.85 acres of generally level and slight rolling terrain. Crowfoot Creek runs through the eastern edge of the property. Sellers are conveying the following water rights. Upper Dawson 84.4 Ac Ft Not Non Tributary , Lower Dawson 66.6 Ac Ft Non Tributary, Denver 91.8 Ac Ft Non Tributary, Arapahoe 106.2 Ac Ft Non Tributary, Laramie Fox Hills 56.1 Ac Ft Non Tributary An easement road from the front 40 acre parcel off of Hwy 83 will give access to the middle of the west side of the 157 acres.. None Minerals are Excluded Franktown, CO is located in a semi-arid region with a generally mild climate characterized by warm summers, cool winters, and relatively low humidity. The area experiences an average of 17 inches of annual precipitation and around 300 days of sunshine per year Climate: Temperatures: The climate is characterized by warm summers with average highs in the 80s and cool winters with average highs in the 40s. The average low temperature in Franktown is around 16°F (or -8.3°C). Precipitation: The annual precipitation in Franktown is about 19 inches, with the majority falling during the spring and summer months. The city also experiences an average of 68 inches of snowfall per year. Sunshine: Franktown enjoys abundant sunshine, with over 300 sunny days a year. Humidity: Humidity levels are generally low, making the summers comfortable.   Located approximately 15 miles South of Franktown on S Hwy 83

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
Mesa Middle SchoolGrades 6-812.8 mi
7/10
Douglas County High SchoolGrades 9-1215.1 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Features

  • Finished area above ground: 0

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: R0349211
  • Lease amount: 0

Features

  • Frontage length: 0

Lot

  • Lot size: 196.85 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Wildfire
Winter Weather
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,621$151,452
Home Insurance *$1,168$14,016
Property Taxes $1,185$14,220
Electricity $186$2,232
Total$15,160$181,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$519,771/yr
40% on housing$454,800/yr
45% on housing$404,266/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 80116$412
Douglas County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 80116$293
Douglas County$230

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-13Listed for sale$2,665,000
2025-12-04Listing removed$1,600,000
2025-09-24Listed for sale$1,600,000
2025-08-27Contingent$1,600,000
2025-05-24Price change$1,600,000
2025-05-01Listed for sale$535,000

For Sale by Agent

AgentJames Gentry
BrokerageHayden Outdoors Real Estate

Similar Homes