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Lone Tree, CO Real Estate News

By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Carriage Club in Lone Tree Carriage Club neighborhood in Lone Tree Carriage Club subdivision in Lone Tree (zip code 80124) consists of approx. 430 residential single family homes. Surrounding much of the community is large open space with trails and paths for hiking, biking or just for a leisurely walk. A playground is centrally located within the community. A section of the community is called Carriage Club Estates. Carriage club also has their own Home Owner's Association. Carriage Club Real Estate Home prices range from $300,000+  to just under one million dollars. Most of the homes are 2-story custom homes, with a few ranch style homes in between. Approx. 15-20 houses are for sale at a time. 24 houses sold in 2008 for an average price per square foot of $169/sq ft. School District: ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Heritage Estates in Lone Tree Heritage Estates neighborhood in Lone Tree Pool Community Gated CommunityGolf Course Community Heritage Estates subdivision in Lone Tree (zip code 80124) consists of approx. 160 custom luxury homes. Many of the homes were built in the 1990's but a few are newer even brand new. The community sits majestically on a hill offering spectacular views of the city and the mountains. Heritage Estates residents can enjoy a community pool and a club house and a beautifully groomed golf course winds within the community. Heritage Estates has a Home Owners Association. Heritage Estates Real Estate Home prices range from just under one million dollars  to over $3,000,000.Most of the homes are 2-story custom homes, many are sprinkled along the golf course. It is typical t...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Heritage Hills in Lone Tree Heritage Hills neighborhood in Lone Tree Pool Community Gated Community Heritage Hills subdivision in Lone Tree (zip code 80124) consists of approx. 700 custom homes. Construction of this community started approximately ten years ago. A few custom luxury homes are still being constructed. A small section on the Western portion of Heritage Hills is called the Enclave. The Enclave features ranch style patio homes with their own gated entrances. Heritage Hills residents can enjoy two community pools, community center, four tennis courts, basketball court (half-court), mini soccer fields and playgrounds. Heritage Hills has a Home Owners Association. Heritage Hills Real Estate Home prices range from upper $500,000 to over $2,000,000. You find stylish custom home b...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Heritage Hills Lone Tree Homes ~ Sales May 09 Home sales continued in a slow pace in Heritage Hills in May. Eight homes have sold since January compared to 14 during the same time in 2008. Average days on the market is climbing. All houses for sale in Heritage Hills are over $500,000. These higher priced homes particular are seeing slower sales in the whole Denver area. Heritage Hills ~ Lone Tree, Douglas County, CO 80124 Apr2009 May2009 Year-to-date 2009 Year2008 Closed Sales 2 2 8 30 Average Sales Price $952,500 $860,000 $809,000 $888,190 Median Sales Price $952,500 $860,000 $691,000 $875,000 % of Original List Price 94.4% 94.4% 91.7% 89.8% Average Days on Market 202 392 216 159 Average Price per square foot 225/sf 236/sf 223/sf 254/sf Pending Sales 1 6 New Listings 4 9 Inventory of A...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Heritage Estates Lone Tree Home Sales May 2009Heritage Estates Luxury Homes Community Market ReportHeritage Estates ~ Lone Tree, Douglas County, CO 80124 Apr2009 May2009 Year-to-date 2009 Year2008 Closed Sales 0 0 1 7 Average Sales Price - $3,000,000 $1,550,000 Median Sales Price - - $3,000,000 $1,300,000 % of Original List Price - - 76.1% 86.8% Average Days on Market - - 529 277 Average Price per square foot - - 440/sf 322/sf Pending Sales 1 2 New Listings 5 0 Inventory of Active Listings 16 12 Days on Market = total days on market.Heritage Estates Homes for Sale/on the market Houses currently on the market (as of May 1st) 12 Lowest Listing Price $1,199,000 Highest Listing Price $3,400,000 Lowest Price per Square Feet 278/sf Highest Price per Square Feet 538/sf No houses sold in Herita...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree Home Sales ~ May 09May was a slow month for sales compared to the prior three years. 65% fewer homes sold this May than in May of 2008. Average days on market were also higher and the houses have been selling for lower percentage of the asking price than in prior three years (in May). However, June should be different. We are seeing more buyers out, many houses are even seeing multiple offers. Lone Tree, Douglas County, CO 80124 Apr 09 May 09 New Listings 19 23 Pending Sales 15 22 Closed Sales 10 9 Total Active Listings Available 93 101 Average Sales Price $484,820 $520,063 Median Sales Price $347,000 $458,500 Average Price per Square Foot $172 $156 Average Days on Market 162 201 Percent of Original List Price 91.6% 86.4% If you are thinking about renting instead of selling yo...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO Real Estate TriviaDid you know ~ 21 houses have sold so far this year in Lone Tree the number last year was 29 sold 4 of thee 21 houses were sold by a bank (foreclosed property) 10 of those houses sold for $500,000 or above The lowest price per square foot of a house sold this year was $122/sf The highest price per square foot was $440/sf There are 110 houses currently on the market (single family residences)34 of those 110 houses are for sale in Heritage Hills gated subdivision zero houses for sale are foreclosures / bank owned homes 33 condos are currently for sale condo prices range from $174,900 to $436,062 What's on the market:Homes for sale in Lone Tree by price rangeHomes for sale in Heritage Hills in Lone TreeCondos and town homes in Lone Tree*Disclaimer: Data based...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree Real Estate Market Report ~ April 2009 Lone Tree, Douglas County, CO 80124 Mar 09 Apr 09 New Listings 19 19 Pending Sales 11 15 Closed Sales 3 10 Total Active Listings Available 99 93 Average Sales Price $1,400,667 $484,820 Median Sales Price $632,000 $347,000 Average Price per Square Foot $311 $172 Average Days on Market 296 162 Percent of Original List Price 83.9% 91.6% March numbers look off. That is because one of the multi million dollar houses sold in March which skews the averages. April has returned to a more "normal" state. 34% of the houses for sale in Lone Tree are listed at over one million dollars. That is 32 houses. Sales picked up in April as was anticipated. The same trend should follow for May. Can your house be sold? Honestly, maybe. It depends on many factor...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO ~ Carriage Club Real Estate APRIL 2009 Market Report  Carriage Club ~ Lone Tree, Douglas County, CO 80124 Mar 2009 Apr 2009 Year-to-date 2009 Year 2008 Closed Sales - 3 4 24 Average Sales Price - 424,467 $387,850 $579,177 Median Sales Price - 314,000 $314,200 $875,000 % of Original List Price - 90.4% 89.9% 93.5% Average Days on Market - 259 242 169 Average Price per square foot - 165/sf 157/sf 169/sf Pending Sales 3 5 New Listings 2 4 Inventory of Active Listings 23 20 Days on Market = total days on market. Carriage Club Homes for Sale/on the market Houses currently on the market (as of Apr 1st) 20 Lowest Listing Price $350,000 Highest Listing Price $935,000 Lowest Price per Square Feet 129/sf Highest Price per Square Feet 222/sf Closed Sales Jan 06 to Feb 09 - Carriage Clu...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Participate in a Food Drive in Lone Tree COHelp those in need! Lone Tree United Against Hunger is hosting a FOOD DRIVE in LONE TREE Colorado. Mark your calendars for SAT  MAR 14th!Donations will be accepted at parking lot of Safeway Store (Lincoln and Yosemite). Lone Tree city council and board members and comissioners will be participating and helping out at the donation site.All donations will go to the county's central food distribution at Castle Rock food bank that is hosted by Douglas/Elbert County Task Force. The donations will directly help those in need in Douglas County CO.Please participate if you can. Even a few dollars makes a difference! There is a large demand for canned foods, rice, cereal, and even Pet food.  SAT MAR 14th 8 AM to 3 PMFOLLOW ME ON TWITTERDisclaimer: Kenna...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree Real Estate Monthly Market Tracker January 2009 A Comprehensive Market Report for Lone Tree CO January 2009 Numbers ~ Lone Tree New Listings 17 Pending Sales 9 Closed Sales 5 Total Active Listings Available (Feb) 91 Average Sales Price $636,513 Median Sales Price $552,000 Average Price per Square Foot $188 Average Days on Market 93.4 Percent of Original List Price Received at Sale 91% January 09 Closed Sales in Lone Tree One Year Change 25% Two Year Change -44.4% Three Year Change 25% Jan 2006 to Jan 2009 Closed Sales Jan in Lone Tree January 09 Median Sales Price in Lone Tree One Year Change -37.9% Two Year Change 21.1% Three Year Change 5.4%   Jan 2006 to Jan 2009 Median Sales Price in Lone Tree January 09 Average Sales Price in Lone Tree   One Year Change -11.3% Two Year Ch...
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By Robert & Jani Bielenberg, Centennial, Colorado, CRS, GRI,e-PRO
(Bielenberg & Associates)
If you are looking for a restaurant that offers casual cuisine in a relaxed and elegant atmosphere, then you must try the Grand Lux Cafe in Lone Tree, Colorado.  Their prices are reasonable and they offer more than 100 menu selections and freshly baked goods.  There is something on the menu for everyone in your party - from appetizers to salads, burgers, sandwiches, oven baked rustic pizzas, pasta and noodles, steaks, items from the oven and broiler, or pan and grill, lunch specials and even a late breakfast!   Their desserts are baked in their own bakery, so they are hot and fresh from the oven.  They will even tell you about ordering desserts in the beginning because some of the desserts take 30 minutes to prepare - now that IS fresh-out-of-the-oven!   The only challenging part of the...
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By Kristal Kraft, Selling Metro Denver Real Estate - 303-589-2022
(Novella Real Estate)
The best part of living in Douglas County, Colorado is our proximity to the mountains. This winter has been so mild in the foothills, we have to pinch ourselves to be reminded its winter!  When we get longing for snow, we head for the hills!  Lucky Lone Tree residents can enjoy a ski trip to the mountains this year via bus.  Departing from the Lone Tree Recreation Center, 10249 RidgeGate Circle, at 7:00 a.m. the bus will visit a new ski area each week.  Snow riders will enjoy entertaining movies during the drive. Saturday, February 21 Winter Park Saturday, February 28, Keystone Saturday, March 7, Vail Saturday, March 14, Copper Mountain Sunday, March 22, Winter Park The cost of the trip is cheaper than driving for Lone Tree residents. $10 for Lone Tree Resident* $18 for South Suburban d...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Carriage Club Lone Tree CO Real Estate ReportsMarket Report Jan 09January was quiet in the home sales front in Carriage Club Lone Tree CO ~ no homes sold. One bank owned home is currently under contract. 12 homes sold in Carriage Club in the last 7 months. The winter months usually experience slower activity and sales. In January though a large number of buyers are looking for houses.Below are average numbers for the sold homes in the last 7 months. Average Original List Price $538,683 AverageNet Sold Price $496,787 Average% of List Price 92.2% AverageDays on Market (DOM) 84 AveragePrice per square foot (psf) $161/sf Currently there are 13 homes for sale in Carriage Club. One is a bank owned property and three are Short Sales. The home prices range from $325,000 to $799,000. The price p...
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By Barbara Salisbury
(Kenna Real Estate Company)
There's a quick and easy way to go sky diving here in the Denver area.  It's indoor sky diving at Sky Venture Colorado right here in the Entertainment District n Lone Tree.  If you don't believe me just check out the website www.skyventurecolorado.com.  There's a really cool video of people sky diving in the wind tunnel that simulates sky diving.  You'll see newbies and professionals and all of their antics.  This is just one more neat thing to do here in the southern metro Denver area.  It will cost you $48 for 2 one minute sessions, $43 for kids under 12.  There are lots of packages, though, even birthday party packages.  Each session includes instructions from qualified instructors.  Hours of operation are 9 am to late, whatever that means.  Sky Venture is located just off the inters...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO is the home of an ultra modern Hospital equipped with the latest medical technologies, the Sky Ridge Medical Center. Yet the medical center can feel like a luxurious hotel or a resort. The Medical Center was built in 2003 and all basic and many medical specialties are covered at Sky Ridge. Here are a few of services offered: ER/Trauma department, sports medicine, orthopedics, pediatrics, cancer care center, cardiac care center, women's center. Sky Ridge is a very popular facility for giving birth. About year ago, approx. seven babies were delivered at Sky Ridge a day. Our son was born there in 2007. The security at Sky Ridge is also state-of-the-art (and technology). The Sky Ridge Medical Center is located in the Southwest corner of I-25 and Lincoln Ave (Exit 193). A large ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Where do you find a gym in Lone Tree Colorado? The closest gym and the only larger gym in Lone Tree is in the Lone Tree Recreation Center. The Rec. Center is located South of Lincoln Ave. near Skyridge Medical Center. The Rec. Center is managed by South Suburban Parks and Recreation. Residents of Lone Tree receive a resident card and are eligible for discounted classes and activities. This newer rec. center offers cardio and weight training equipment, running track, basketball and racquet ball courts, aquatics area with lap pool and rec. pool with slide, and an aerobics room. There is also a nursery to drop off your kiddos while you work out. Lone Tree rec. center offers personal training and variety of fitness classes. Plethora of other classes and activities are available as well. Als...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO has over 20 neighborhoods or communities. About 10,000 residents call Lone Tree home. Two of communities are gated: Heritage Hills and Heritage Estates. Both of these luxury home communities are located off Lincoln Avenue, in close proximity to I-25. Heritage Hills, Lone Tree Heritage Hills is the newer and larger one of the neighborhoods. Approx. 700 custom homes are nestled in Heritage Hills. A few homes are still under construction. Home prices range from $500,000 up to around $2,000,000. You find home builders such as Celebrity Custom Homes, Tuscan Heritage Homes, Touchstone Homes and Johnson & Sons. A portion of the Heritage Hills is called the Enclave. The Enclave features ranch style patio homes. Heritage Hills amenities include two community pools, community center,...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO Real Estate - Quarterly Report Lone Tree Real Estate Quarterly report for homes sold in Lone Tree from $500,000 to $700,000. 4th Quarter 2008 ~ $500,000 to $700,000 In the 4th quarter of 2008 you can see large increase in days on the market. The average price per square foot is hovering around $180/sf. Another decrease occurred in percentage of list price received, which averaged under 90% for the 4th quarter. Net sold price averaged at the lowest since 2.5 years ago ~ $556,303.  Quarterly Numbers 4th quarter 2008   Q4 Number of Homes sold 7 Days on Market (DOM) 244 DOM range - low to high 6-508 % Difference List vs. Sold 88.6% % difference - low to high 80-100% Average Price/square foot $181 price/sf - low to high $150-$260 Many homes were on the market for hundred or more...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Lone Tree CO Real Estate - Quarterly Report Lone Tree Real Estate Quarterly report for homes sold in Lone Tree from $700,000 to one million. 4th Quarter 2008 ~ $700,000 to $1,000,000 In the 4th quarter of 2008 you can see slight improvement from the 3rd quarter. The biggest change is in the price per square foot. The 4th quarter price per square foot is the highest it's been in three years.  Quarterly Numbers 4th quarter 2007 - 4th quarter 2008 Q4 Q1 Q2 Q3 Q4 Days on Market (DOM) 92 248 185 205 190 DOM range - low to high 14-425 39-465 8-365 40-456 26-519 % Difference List vs. Sold 96.6% 88.6% 88.4% 87.6% 91.1% % difference - low to high 69.3-96.6% 73.6-100% 76-98.6% 73.2-95.6% 82.2-97.5% Average Price/square foot $202 $227 $220 $209 $257 price/sf - low to high $181-253 $192-$226 $143-$...
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