8650 Spruce Mountain, Larkspur, CO 80118
8650 Spruce Mountain, Larkspur, CO 80118
8650 Spruce Mountain, Larkspur, CO 80118
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$950,000
Est. payment /mo
5.68 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Buss Subdivision

MLS Listing ID IRE6287094

HOA Y/N No

Annual Tax Amount $21,197

Tax Year 2024

Lot Size 5.680 Acres

Acres 5.68

Property Sub-Type Mixed Use

Source ires

Property Description

**Location, Location, Location!** This 5.68-acre site is zoned as "Planned Development," allowing for MIXED-USE development. Both residential and numerous commercial uses are permitted. The property can be developed into business office buildings, retail stores, restaurants, or even multi-family housing! The possibilities are nearly limitless!

All essential utilities, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable, are available. TAP FEES for public water and sewer are dramatically reduced, and a SALES TAX Share-back Agreement is in place to offset infrastructure costs, allowing you to receive a portion of any sales taxes generated from businesses developed on the site.
Located just half a mile off I-25 at the Larkspur Exit (Exit #173), this site boasts 614 feet of frontage along Spruce Mountain Road-the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, making for an easy 30-minute commute to both major economic centers, AND it's only a 10-minute drive to Castle Rock. A brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Enjoy the festive Christmas lights in the winter, a farmers market, and "Music in the Park" concerts during the summer. You'll also find restaurants, shops, and other businesses within walking distance, all while enjoying beautiful views of the nearby towering buttes and mesas.

Location

State CO

County Douglas

Community Buss Subdivision

Area Metro Denver

Zoning PD

Direction From I-25 at the Larkspur Exit (#173) take Spruce Mountain Road south approx. 1/2-mile into the Town of Larkspur. The Property is located on the EAST Side of Spruce Mountain Road, adjacent to the Larkspur Hall. OR, if coming from Colorado Springs, take I-25 to the Lake Gulch Road Exit (#172), at end of off-ramp, turn LEFT and go 1/4-mile to Spruce Mountain Road, turn LEFT.

Exterior

Parking Features None

Fence Partial

Utilities Available Natural Gas Available, Electricity Available, Cable Available

View Y/N Yes

View Mountain(s), Plains View

Garage No

Building

Lot Description Wooded, Level, Abuts Public Open Space, Paved

Sewer Public Sewer

Water City

New Construction false

Schools

High Schools Douglas County Re-1

School District Douglas County Re-1

Others

Acceptable Financing Cash, Conventional

Horse Property Horse(s) Allowed

Listing Terms Cash, Conventional

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Information and Real Estate Services (IRES)
Listed by Dave Gardner

Nearby Locations

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Doug Cichon

Doug Cichon

+1(303) 667-6766

Broker & Owner | P14859

Broker & Owner P14859

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