Condos and Townhomes in Lone Tree Colorado
Lone Tree Colorado is one of the fastest growing cities in the country—a great place to live and work or to do business. With only a 19 mile commute into Denver, this beautiful suburb on the city’s southern perimeter, ideally situated along the I-25 highway and on Denver’s light rail route, offers the conveniences of urban living combined with the peace and tranquility of its semi-rural location. These excellent transport links make Lone Tree a top choice for people working anywhere in the Denver Metro area, and it is the perfect community in which to bring up a family.
Lone Tree Condos For Sale
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Lone Tree Condos For Sale
Lone Tree is close to many large centers of employment, and its attractive, pedestrian-friendly neighborhoods and the nearby open spaces, parks and trails of northern Douglas County, including Sweetwater Park and Bluffs Regional Park—not to mention the superb Lone Tree Recreational Center, draws many from the growing professional sector looking for the perfect balance between work and leisure.
A range of property options
For a quick snapshot of the extensive range of residential Lone Tree real estate on offer, you only have to look on the one hand at properties such as the Lincoln Square Lofts, which are selling at prices between $162,500 and $255,440, and on the other hand the luxury developments at the Heritage Estates gated golf community south of Lincoln that can demand over $1.3 million. At the top of the scale, homes can sell for around $3 million.
In Lone Tree, if you have the money, you are spoilt for choice. However, there is also a vibrant market for more affordable homes, with a range of condos, townhomes and attached single family homes in several of the city’s most attractive neighborhoods. Travel all over the 80124 zip code area and you’ll find older and new residential developments in neighborhoods that are all consistently well cared for, and are friendly and relaxed places to settle, including Ridgegate, Fairways, Heritage Estates, Sky Ridge—which is home to the prestigious Sky Ridge Medical Center—and Park Meadows, which draws the crowds to its popular retail resort, Park Meadows Mall.
Condos and townhomes
The average list price for a condo in Lone Tree is $373,634. You can find a small single-bedroom condo for $162,500 or go for four bedrooms at between $390,000 and $400,000. More common on the market are condos or townhomes with two or three bedrooms, which sell for between $235,000 and $510,000. On Ridgegate Circle you can pay $400,000 for a top quality four-bedroom, three-bathroom condo with a living space of 2,305 sq ft. In the golf community of Bauer Court, three-bedroom condos are priced at around £439,000.
Good mid-range two-story condos at the elegant and desirable golf community of Bluffmont Estates, which offers a community pool and tennis courts in addition to the upscale golf lifestyle, has good access to local shops and restaurants and is situated only minutes from the light rail; these are priced between $399,900 and $454,000.
Alternatively, you can find a good example of a Lone Tree townhome on Mornington Way, Ridgegate, with a 2,666 sq ft living area, three garages, and three bedrooms and bathrooms for a price of $510,000. A feeling of spaciousness is always desirable, although even a small single family, single-story, 1,098 sq ft condo, including two bedrooms and two bathrooms in Lincoln Square Lofts, selling for just $235,000, can offer a living space with intelligent use of space that perfectly suits a young family looking for a starter home. Extensive views of the mountains and foothills add to the feeling of generous space around you and are always tempting you explore the great outdoors, which is very much a part of the average Lone Tree resident’s lifestyle.
Home prices have risen in the past year as the depressed housing market has begun to come back to life. Condos and townhomes offer a less expensive option for first-time buyers, although when searching this market you need to weigh up the extra costs that come with buying a condo. This includes the monthly homeowners association (HOA) payments, which cover repair and maintenance costs, and may also include dues for services such as a doorman or window washing, and access to a pool or health center. These are not excessive—usually between 25 cents and 55 cents per sq ft—but they need to be factored into your projected monthly expenditure. There will also be a range of rules, restrictions or conditions, which could cover anything between which type of flooring is allowed and what size dog you can keep. As with all real estate purchases, the road to peace of mind is to know all the facts before you buy.
Contact us today for up-to-date information on Lone Tree homes for sale.
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Listing information last updated on May 25th, 2019 at 11:34am MDT.