For Sale: 340 +/- acres of prime land, cliffs, rock outcropping, rolling hills, "Willow Creek", 8 kinds of trees, scrub oak, and water. This land is located in Franktown, adjacent to the city of Castle Rock, in ease of interest in annexation.  There is plenty of land to build 18 holes of a 7200 yard championship golf course and still put in many luxury home sights around it.  This land is 20 minutes from the Denver Tech Center and future population projections are that 500,00 people are going to move within 30 miles of Denver in the next 5 years.  This land is now zoned LFF ( Large Rural Residential) and has nine 35+ acre sights (35 acre parcels next door are selling for $725,000) or can be changed to thirty-four 10 acre lots.  This is the last great spot that is close to Denver with its own water that is will under-priced.

Why is this Land Special?

500 +/- acre feet of water available every year to use. According to the Internet: T. Boone Pickens is investing in water.  He is paying $7,500 per acre foot.  He says water will be 13.3 times more valuable in 30 years.  National Geographic Magazine says that " The World Starts Running Out of Drinkable water in 2012".

there is also 500+/- acre feet of water that has been banked or water judicated since 1988 or 21 years of banked water equal to 10,500+/- acre feet) approximate value: $78,750,000) of water to use in the future.  (To us this much water at one time you will need to set up your own water district for this property,  which is do-able, or have the city of Castle Rock annex the property.

The Value of the water alone will be 50 million dollars in 30 years even if a golf course is not built.

Colorado has over 300 sunny days a year and is a great place to retire to.

Suggestion: build golf condos and sell golf timeshares where membership buys 1 week at a time (for extra income).

Terms:

The property and water together is worth $15 million plus, but is now being offered at $6,000,000