UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Buss Subdivision
MLS Listing ID 6287094
HOA Y/N No
Lot Size 5.680 Acres
Acres 5.68
Property Sub-Type Improved Land
Property Description
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
Zoning PD
Exterior
Fence Partial
Utilities Available Cable Available, Electricity Available, Electricity To Lot Line, Natural Gas Available, Phone Available
Waterfront Description Public
View Meadow, Mountain(s)
Private Pool No
Building
Lot Description Level, Open Lot
Sewer Public Sewer
Water Public
Schools
School District Elementary: Douglas Re-1, High: Douglas Re-1
Others
Tax ID R0492419
Special Listing Condition None Known
Virtual Tour https://listings.upshotimaging.com/sites/8650-spruce-mountain-rd-larkspur-co-80118-8759751/branded
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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MORTGAGE CALCULATOR
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Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
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Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
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Property Tax Rate
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Home Insurance
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HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.
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