LUXURY MEETS LAND OPPORTUNITIES on 40 Acres in Franktown, CO. Two Homes, Two Wells, Adjudicated Water Rights, Modern Upgrades & Breathtaking Mountain Views. Ag Exemption for Low Taxes (A1 Zoning), Secure Gated Entrance and No HOA. Minutes to Castlewood Canyon State Park with easy access to Parker, Castle Rock, or Colorado Springs. (MAIN HOME) RECENT EXTRAS/UPGRADES: New Roof, Exterior Paint, Landscaping/Sod, 2 New AC units, Sump Pump, Apex Insignia windows (105k), new trim and modern casings, all-new interior panel doors, new carpet, updated lighting, attic fan, fresh paint throughout and newly constructed brick courtyard (48k) KITCHEN: Chef's kitchen with full Wolf appliance package including built-in refrigerator & wine fridge, 48" gas cooktop, pot filler, commercial hood with warming lights, granite counters, and large breakfast island with generous storage and seating-get the party started! PRIMARY SUITE: Private bedroom with 3 closets, ensuite bath with sep water closet and large soaking tub. SECONDARY BEDS/BATHS: 4 Addtl bedrooms and 3 baths complete the main floor. DINING/LIVING ROOMS: Open living & dining areas with hickory wood floors and expansive views. FAMILY ROOM: Bright gathering space with 3-sided fireplace and picturesque views. FINISHED BASEMENT: Private entrance makes this level ideal for multigenerational living with door out to the large fenced courtyard. Full Kitchen with Center Island. Spa-inspired bath features heated floors, 6-person sauna, steam shower with oversized cascading waterfall head. OUTDOOR: 850 sq. ft. wraparound deck with panoramic mountain views, oversized stamped concrete patio with built-in fire pit, landscaped grounds, RV/EV 50-amp electrical outlet, and additional electrical panel has been installed for future barn/shop. SECOND HOME: Fully renovated and furnished 2 BR/1 BA residence with oversized 2-car garage. Currently used as a rental, offering income potential or guest accommodations. *Sq Ft listed is for main home only*