8650 Spruce Mountain Road
Larkspur, CO, 80118 $ 950,000
Baths0.0 Monthly Estimate*
$ 5,927
Listed by Results Realty of Colorado
Studio for $950,000. The lot size is 5.68.
**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.
See more
FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Electricity To Lot Line Natural Gas Available Phone Available
Possession Closing/DOD
Zoning PD
Garage Spaces 0
Exclusions None
View Meadow Mountain(s)
Property Subtype Improved Land
Tax Year 2024
Current Use Vacant
Ownership Corporation/Trust
County Douglas
Property Type Land
HOA N
Attached Garage N
Subdivision Name BUSS SUBDIVISION
Possible Use Commercial Multi-Family Residential Vacant
Status Active
Directions 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 La
City Larkspur
High School District Douglas RE-1
Lot Size Units Acres
Lot Size Square Feet 247420.8
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 21197
Virtual Tour https://listings.upshotimaging.com/sites/8650-spruce-mountain-rd-larkspur-co-80118-8759751/branded
Standard Status Active
Elementary School District Douglas RE-1
See more
ExteriorVegetation Brush Mixed Natural State Oak Trees Partially Wooded Pine
Fencing Partial
Lot Features Level Open Space
Water Source Public
Total Parking 0
Lot Size Area 5.68
Lot Size Acres 5.68
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
Horse Y/N Y
See more
* Excluded FeaturesList ByResults Realty Of ColoradoBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,927
- Monthly Property Taxes
- $1,766
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Larkspur, CO
Average List Price $270,545
Percent of Sale Price 72%
About Larkspur, CO 194 Population
72% Since 2002
$ 113,971 Median Income
53.35 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
732687 Elementary School
732869 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/25/2025 | $950,000 | | Listed Price |