8499 Riley Drive

Franktown, CO
$ 895,000 Beds 2 Baths 1 Sq 1,031
Monthly Estimate* How much can I afford?

Tucked away in a serene oasis, this is a rare 40 acre opportunity with no covenants or HOA. This cozy home is impeccably maintained with newer vinyl siding, gutter and downspouts, windows, and furnace. A huge 800+ sf patio area is ideal for relaxing after a long day. Perfect for the smaller family, this home offers an exceptionally beautiful acreage, close in, with great outbuildings, but without the huge estate home. Why pay for, maintain, clean and heat more home than you need? However, if your family's needs are bigger, this home could be easily added onto or there are several breathtaking building sites for the home of your dreams. Also, the dog grooming facility could be converted to additional living space - guest house, mother-in-law apt, live in help, exercise or craft room, at home office - the possibilities are endless. Set up for a true ranch operation with a charming vintage barn that has stalls, hay loft, large tack room and show calf area. Adjoining corrals and alleys are laid out to make handling livestock easy and safe. Designed to take care of, not just your horses' needs, but cattle, sheep, goats, etc. The Cleary metal shop building is perfect to store & maintain equipment with 220 electricity, partial concrete floor and insulated roof. Could also be used as an additional barn. RV parking with power and septic dump station. Beautifully landscaped with an enormous yard that boasts bright flowers, shady trees, darling wagon and the original homestead building. Imagine starting or ending your day relaxing on the deck surrounded by nature's beauty! Convenient to both Denver & Colorado Springs, shopping and schools.


  • Price
  • $ 895,000
  • Lot Size
  • 40.3 Acres
  • Bedrooms
  • 2
  • Sqr Footage
  • 1,031
  • Full Bathrooms
  • 1
  • Year Built
  • 1978
  • Half Bathrooms
  • 0
  • City, Zip
  • Franktown
  • Taxes
  • $ 2211
  • County
  • Style
  • Traditional
  • Area
  • MLS#
  • 6154796
  • Zip
  • 80116
Listing Provided by: MB HOME AND RANCH
Data Source: REColorado (MTOMLS) - 6 - CO



Appliances Dryer, Range, Refrigerator, Washer
Architectural Style Traditional
Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Cooling None
Current Use Agricultural
Electric Item110Volts, Item220Volts
Elementary School Cherry Valley
Flooring Vinyl
Garage Spaces 0.0
Garage Y/N No
Heating ForcedAir, Propane
High School Douglas County
High School District Douglas RE-1
Interior Features CeilingFans
Levels One
Middle/Junior High School Mesa
Ownership Individual
Patio/Porch Features Patio
Property SubType SingleFamilyResidence
Property Type Residential
Roof Composition
Sewer SepticTank
Special Listing Conditions None
Structure Type House
Terms Cash, Conventional, FHA, USDALoan, VALoan
Total Rooms 7
View Meadow, Valley
Waterfront Features Pond
Zoning A1

Interior Features

Above Grade Finished Area 1031.0
Above Grade Finished Area Source PublicRecords
Air Conditioning Y/N No
Basement (Y/N) No
Below Grade Finished Area Source PublicRecords
Common Walls NoCommonWalls
Fireplace Features LivingRoom, PelletStove
Fireplace Y/N Yes
Full Baths 1
Heating Y/N Yes
Living Area 1031.0
Main Level Bathrooms 1
Main Level Bedrooms 2
Total Fireplaces 1

Exterior Features

Building Area Total 1031.0
Covered Spaces 0.0
Fencing Pasture
Horse Amenities Corrals, Pasture, Paddocks, TackRoom
Horse Y/N Yes
Lot Features Landscaped, Level, Meadow, ManyTrees, Secluded, SuitableForGrazing
Lot Size Acres 40.3
Lot Size Area 40.3
Lot Size Square Feet 1755468.0
Lot Size Units Acres
Road Frontage Type PrivateRoad, Shared
Road Surface Type Dirt, Gravel
Total Parking 10.0
View Y/N Yes
Water Source Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator


Per Month

Based on the average sale price from the Greenwood Village, CO office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.


Elementary School Cherry Valley Elementary School
Middle School Mesa Middle School
High School Douglas County High School

Price History

4/16/2021 Listed $985,000
5/13/2021 10% - $895,000

Property vs Zip Code Average in 80116

AVG $550K
AVG $1,334
AVG 213
Year Built
AVG 1982


8499 Riley Drive Franktown, CO is a Single Family Home for sale at $895000 with 1031 sqft and a lot size of 40.3 Acres Acre(s). 8499 Riley Drive Franktown has 2 bedrooms, 1 baths and was built in 1978. The property's zip code is 80116 which is in Franktown, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.