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Land with Home for Sale in Franktown, Colorado

7520 Lost Lake Dr, Franktown, CO 80116

$1,897,500
4.8 acres
Coming soon
ago
Est $9,982/mo

Set on 4.81 beautifully landscaped acres in the coveted Legacy Pines community, this fully custom-built estate is where luxury living meets the tranquility of Colorado’s rolling hills and Front Range beauty. Every room on the main level from the office, great room, dining area, kitchen, primary suite, and even the spa-inspired primary bath, you'll find uninterrupted mountain views. Designed for both elevated entertaining and peaceful everyday living, the open-concept ranch floorplan is filled with soaring vaulted ceilings, floor-to-ceiling windows, rich hardwood flooring, and seamless indoor-outdoor connection. The gourmet kitchen is outfitted with Thermador paneled appliances, quartz countertops, hidden walk-in pantry, under-cabinet lighting, and opens effortlessly to the dining and great room where a wood-burning fireplace and panoramic western sunsets steal the show. Step outside to experience the lifestyle this property was built for - a stunning water feature, expansive outdoor living spaces, fenced backyard, mature landscaping, and wide-open skies surrounded by over 200 acres of preserved community open space. Whether enjoying quiet mornings with coffee overlooking the mountains or evenings under the stars, every inch of this property was designed to feel restorative. Perfectly positioned just minutes to Castle Rock and Parker for dining, shopping, golf, and everyday conveniences, while still offering the privacy and serenity Franktown is known for. Enjoy nearby trails, open space, and local favorites like The Castle Cafe, Bman’s BBQ, all while coming home to one of the area’s most breathtaking luxury estates. Welcome Home.

5,174
Sq feet
4
Beds
2
Full baths
1
3/4 bath
1
1/2 bath
2020
Built

Location

Street address
7520 Lost Lake Dr
Community
Legacy Pines
School district
Douglas RE-1
Elevation
6,229 feet
Coordinates
39.4083, -104.7461

Property details

Acreage
4.81 acres
Zoning
A1
MLS #
REcolorado 4340592
Posted
Available

Property taxes

2025
$10,529

Expenses

Homeowner Association Fee
$400 annually

Parcels

  • R0475241

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Corporation/Trust
Terms
Cash, Conventional
Exclusions
Seller Personal Property, Staging Furniture, Bells Attached to Walls, Vertical Mirror as You Enter Primary Bathroom, Refrigerator and Deep Freezer in Garage, Storage Racks in Garage and Utility Room, Gold-framed Mirror in Basement, Mirror At the End of The Hallway, All TVs, Washer/Dryer.
Possession
Negotiable

Community

Association
Legacy Pines Homeowners Association
Fee Includes
Maintenance Grounds

Lot

Well Permits
82973-F
Features
Irrigated, Landscaped, Sprinklers in Rear

Exterior

Parking Spaces
3
Garage
Attached
Fencing
Partial
Outdoor Spaces
Covered, Deck, Patio
Features
Gas Valve, Water Feature

Structure

Type
House
Condition
Updated/Remodeled
Style
Mountain Contemporary
Levels
One
Basement
Finished, Full, Sump Pump, Walk-Out Access
Electric
110 V, 220 Volts
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Natural Gas, Radiant Floor
Cooling
Central Air
Materials
Frame
Roof
Composition
Windows
Double Pane Windows, Window Coverings
Foundation
Concrete Perimeter, Slab

Interior

Above Grade
2,807 sq ft
Below Grade
2,367 sq ft
Rooms
Bathroom Full x 2, Bathroom Half, Bathroom Three Quarter, Bedroom x 4, Dining Room, Family Room, Great Room, Kitchen, Laundry x 2, Office
Flooring
Tile, Wood
Fireplace Count
2
Fireplaces
Basement, Great Room, Wood Burning
Appliances
Bar Fridge, Dishwasher, Disposal, Humidifier, Microwave, Oven, Range Hood, Refrigerator
Laundry
Sink
Security
Security System, Smart Cameras, Smoke Detector(s), Video Doorbell
Features
Audio/Video Controls, Ceiling Fan(s), Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Hot Tub, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Property utilities

CategoryTypeStatus
PowerGridConnected
GasNatural GasConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

NameTypeDistrict
FranktownElementaryDouglas RE-1
SagewoodMiddleDouglas RE-1
PonderosaHighDouglas RE-1

Listing history

DateEventPriceChangeSource
May 27, 2026New listing$1,897,500REcolorado
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This 4.81-acre property is located at 7520 Lost Lake Dr in Franktown, CO 80116. The property is coming soon. It has a 5,174 sq ft 4 bedroom, 2 bath house built in 2020.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of May 27, 2026 5:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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