Lone Tree, Colorado Real Estate and Relocation Information

One of the Denver area’s newer suburbs, the upscale Lone Tree is about 20 miles south of Denver and 25 miles from Denver International Airport. It lies next to Highlands Ranch, a master planned community which draws thousands of home buyers each year.

Current population of Lone Tree is 7,500+ residents, but the suburb has plans for a 3,500-acre, master planned New UrbanismNew Urbanism community, incorporating living, recreation, shopping, dining and workplace into the design. It is intentionally designed to provide an urban feel in a suburban environment, modeled after other Denver area New Urban communities such as Lowry and Stapleton. RidgeGate will feature public art, neighborhood parks, trailways, parkways, and natural parks, giving it an uncrowded look.

Light rail is scheduled to open at I-25 and Lincoln in the fall of 2006, giving easy access to downtown Denver, the Denver Tech Center, and other stops along the way.

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Lone Tree, Colorado Real Estate

Lone Tree real estate is upscale, averaging close to $670,000, more than twice the average Denver home price.

• The average price will fetch a 3-4,000+ square foot, 4-5 bedroom, 4-5 bath home with all the amenities in a good neighborhood.
• Average price for a Lone Tree condo or townhome is close to $270,000 which will buy a 2 bedroom, 2 bath, 1,300 square foot condo in an average upscale building.

Lone Tree Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

60 detached single family homes were sold with a median list price of $511,250. On average homes took 60 days to sell and sold for a median price of $522,000. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $294,100; highest sold price was $2,000,000. For condos and townhomes (attached family homes) the lowest sold price was $175,000 while the highest was $393,000. The median sold price was $271,000, and the average was $284,578.
 
The ratio of sold to list price was 95.74% for detached homes. The ratio of sold to original price was 83.06%, which means that sellers are still listing homes at too high a price The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 82.77%. To simplify, if a seller originally listed their home at $500,000 they realized $413,850 from the sale.
 
By the time the seller finally reached a marketable price after having listing it too high, the sold to list ratio improved to 95.74%, and the net sold to list price was 95.42%.

Lone Tree, Colorado Recreation

• The Lone Tree Recreation Center, opened in 2004 and located in RidgeGate, is a modern facility with all the bells and whistles.
• Miles of trails wander through the landscape, and beautiful Sweetwater Park offers a grass ball field, courts, and a playground.

Lone Tree Zip Codes

• 80214

Lone Tree, Colorado Hospitals and Medical Center

Lone Tree boasts a new 138-bed hospital, Sky Ridge Medical Center, a Health One full service facility providing top patient and visitor amenities such as a Healing Garden, Amenity Suites (larger rooms, private chef, robes, larger bathrooms, concierge service) and a visitors’ business center.

Lone Tree, Colorado Weather

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