Legacy Pines East - 244 Acres

LOCATION

Approximately one mile northeast of Franktown, Colorado. This property is accessed through a private gate and sits approximately one mile to the east of Parker Road.

ACREAGE

Approximately 244+/- deeded

DESCRIPTION

This incredibly scenic, secluded 244 acres offers varied topography with mature Ponderosa Pines and breathtaking, panoramic views of the Front Range.

A small spring fed pond and lush meadows offer excellent habitat for the elk, deer and other wildlife that call this land home.

The water rights described below provide the buyer with a number of future options. In Colorado, water is the new gold and this property offers uncommon adjudicated water rights.

For the buyer interested in development, this 244 acres is zoned Large Lot Residential. There is sketch plan approval for up to 29 lots on the property.

A purchaser could ratify the sketch plan for another three years with county approval, change zoning back to agriculture, place a conservation easement on the land or land bank the property for future development. Currently, there is a year to year cattle lease on the property.

WATER RIGHTS

• Upper Dawson - 53.5 AC-FT/YR
• Lower Dawson - 29.2 AC-FT/YR
• Denver - 90.0 AC-FT/YR
• Arapahoe - 113.6 AC-FT/YR
• Laramie/Foxhills - 71.1 AC-FT/YR

TOTAL: = 358.3 AC-FT/YR

TAXES 2010 were $193.28