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Mixed-Use Land for Sale in Larkspur, Colorado

8650 Spruce Mountain Rd, Larkspur, CO 80118

$950,000
5.68 acres
Pending sale
Under contract

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.

Location

Street address
8650 Spruce Mountain Rd
Community
Buss Subdivision
School district
Douglas RE-1
Elevation
6,670 feet
Coordinates
39.2357, -104.8826

Directions

From I-25 at the Larkspur Exit (#173) take Spruce Mountain Road south approx. 1/2-mile into the Town of Larkspur. The

Property is located on the EAST Side of Spruce Mountain Road, adjacent to the Larkspur Hall. OR, if coming from Colorado

Springs, take I-25 to the Lake Gulch Road Exit (#172), at end of off-ramp, turn LEFT and go 1/4-mile to Spruce Mountain

Road, turn LEFT.

Property details

Acreage
5.68 acres
Zoning
PD
MLS #
REcolorado 6287094
Posted

Property taxes

2024
$21,197

Parcels

  • R0492419

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Improved Land
Current Use
Vacant
Possible Use
Commercial, Multi-Family, Residential
Terms
Cash, Conventional
Possession
Closing/DOD

Location

Incorporated
Yes

Lot

Vegetation
Brush, Mixed, Natural State, Oak Trees, Partially Wooded, Pine
Road Frontage
Public
Road Surface
Paved
Road Responsibility
Public Maintained Road
View
Meadow, Mountain(s)
Survey
Boundaries Surveyed
Features
Level, Open Space

Exterior

Fencing
Partial

Structure

Sewer
Public Sewer

Property utilities

CategoryTypeStatus
PowerGridAvailable
GasNatural GasAvailable
SewageSewerAvailable
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Apr 19, 2026New listing$950,000REcolorado
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This 5.68-acre property is located at 8650 Spruce Mountain Rd in Larkspur, CO 80118. The property is pending sale.

Checked 1 hour ago — Updated

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REcolorado

Based on information submitted to the MLS GRID as of Apr 19, 2026 11:00 am 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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