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E. Montaine -1
Castle Rock, CO 80104
Prime Castle Rock Parcel in The Lanterns · Land For Sale · 4.89 AC

Investment Highlights

  • Prime Location in Growing Market
  • Usable Configuration of Site
  • Variety of Uses Allowed

Property Facts

Property Type Land
Property Subtype Residential
Total Lot Size 4.89 AC
Zoning PD

Description

Prime investment opportunity in thriving Douglas County just south of Downtown Castle Rock in the new Lanterns Development entitled for 1,200 residences and adjacent to Crystal Valley subdivision and pending Crystal Valley Interchange with Interstate 25. This offering consists of 4.89 acres within the residential development of The Lanterns consisting of 664 age-restricted homes and 536 non-restricted homesites. Additionally, the property is located just east of the pending I-25 interchange at Crystal Valley Parkway, which will provide convenient access to the parcel. While just outside the Denver metro area, Castle Rock has its own historic downtown and economic vibrancy. Its affluent population creates a stable demand for convenient goods and services – and a ready source of skilled workers. The town has a broad spectrum of office parks, retail centers and commercial properties, while still offering development opportunities in order to meet future needs as Castle Rock’s business community grows. Castle Rock is one of the 7 fastest growing cities in America, according to recent U.S. Census Data (May 2017). With an expected annual growth rate of about 6% per year, it is estimated that the Town population will reach 100,000 by 2060.

Property Taxes

Property Taxes

Parcel Number
2505-262-04-026
Land Assessment
$94,970
Improvements Assessment
$0
Total Assessment
$94,970
  • Listing ID: 24192586

  • Date on Market: 9/29/2021

  • Last Updated:

  • Address: E. Montaine -1, Castle Rock, CO 80104

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