The small Denver suburb of Franktown, Colorado provides a large spectrum of real estate options. Choose from smaller, older homes to horse ranches to luxury homes with views.
This quaint town lies due south of Parker, Colorado and due east of Castle Rock forming a 90 degree triangle. The short and easy access to both cities provides Franktown the unique benefit of being close to the assets of a large town while retaining the country feel and atmosphere. In addtion, the commute to the Denver Tech Center is less than 45 minutes.
A drive south on highway 83 to Colorado Springs or east on highway 86 to Elizabeth and Kiowa provides a most enjoyable ride through tree covered and gently rolling hills.
Don’t blink or you could miss downtown Franktown. Only few stores and shops comprise downtown. In addition, the highlight might be the nearly historic Stagecoach Saloon. It features bands every Friday and a popular wateringhole.
Surprize, Franktown’s population has surged from 99 in 2000 to nearly 600 today. But, there are lots of residences outside the town limits that aren’t included in the census. Why? Because they live in unincorporated Douglas County. Those high-end, luxury homes do have a Franktown zip code though.
Franktown, Colorado Real Estate – Newest Listings
The Franktown, Colorado real estate market has experienced increased activity and significant changes over the past year. While this market is never to be confused with the pace and growth of the Denver Metro area, it is growing in several major areas. First, the average sales price has jumped from $749,991 in 2017 year to date to $859,905 for 2018. That is a huge 14.7% increase which far outpaces Denver.
At the same time, the median price jumped a whopping 22.5% from $624,950 in 2017 to $849,995 in 2018. This is a clear indication how buyers are moving up in price as they purchase larger tracts of acreage on the average. In order to find these larger tracts, buyers are having to venture somewhat farther east and/or south.
Days on market (DOM) continues the trend to decline as purchasers know to move faster on the home of their choice. The first eight months of 2017 had an average of 66 DOM. For 2018, that number dropped to 51 DOM or a 24.2% decline. The 2018 DOM will likely increase slightly as the fall market is now upon us and should will mirror 2017’s market.
Castlewood Canyon State Park
One of the hidden treasure near Franktown is Castlewood Canyon State Park. Locals and tourists go there to hike, picnic and enjoy the picturesque scenery. Trails range from 1/2 to 4 miles in length. But, there is no camping.
If you go there, don’t miss the remains of the Castlewood Canyon Dam. It’s gone now. But, the remnants remind us that in 1933 the dam burst. That sent a 15 foot wave of water all the way to Denver!
Pikes Peak Grange Hall
Pike’s Peak Grange Hall#163 in located in town and was founded in 1903. It’s on the National Register of Hisporic Places. And, it’s avavilable to rent for weddings and other special occasions.
It’s a perfect example of how the town has retained its special character even in the midst of growing Franktown real estate.
Residents of Franktown and the surrounding area enjoy the 0.5 to 40 acre tracts with the peace and solitude built in to the surroundings. It is truly a slower, different lifestyle. Ok, it’s not meant for all. But, some thoroughly enjoy and appreciate it. A bit of throwback to the past. this is living in the real Colorado.