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Home » Real Estate » CO » Larkspur » 80118 » 8650 Spruce Mountain Rd, Larkspur, CO, 80118
$950,000

8650 Spruce Mountain Rd, Larkspur, CO, 80118

**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.
Offered By
Dave Gardner davesresultsteam@yahoo.com,303-681-1000, Results Realty of Colorado

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 6287094

Market Trends

New Properties On Market
26
Average Asking Price
$1,072,726
$316,271 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$237
$56 Increase In List Price/Sq. Ft.
Average Days On Market
8
14 Day Decrease In Days On Market
Data as of Jun 08, 2025. Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 6/6/2025 at 4:05 pm