Neighborhood Guide

Aspen Ridge

Franktown, CO 80116

About this Area

Welcome to Aspen Ridge, an exclusive and highly coveted enclave nestled in the scenic, rolling hills of Franktown, Colorado. Known for its sprawling acreage, towering pines, and breathtaking views of the Front Range, this prestigious neighborhood offers the perfect blend of rural tranquility and modern luxury. Residents here enjoy a peaceful, equestrian-friendly lifestyle while remaining just a short drive from the urban conveniences of Castle Rock, Parker, and the Denver Tech Center.

The real estate market in Aspen Ridge is characterized by custom-built estates that showcase exceptional craftsmanship, expansive floor plans, and premium finishes. With a median home value of $904,600, properties in this neighborhood represent a premier investment in Colorado’s luxury market. These generous multi-acre homesites provide unparalleled privacy, allowing homeowners to design their own private sanctuaries surrounded by native scrub oak and ponderosa pines.

This thriving, close-knit community boasts a robust economy, reflected in a median household income of $151,250. Families are drawn to the area not only for its safety and natural beauty but also for its access to the highly acclaimed Douglas County School District. Outdoor enthusiasts will find endless opportunities for recreation, from hiking and horseback riding in nearby Castlewood Canyon State Park to golfing at championship local courses. If you are seeking a sophisticated country lifestyle with majestic mountain backdrops, Aspen Ridge in Franktown is the ultimate place to call home.

Homendo Valuation Index
Quality of Life 91
Environment 92
Education 80
Safety 87
Demographics
Population
5,393
Density
48
Median Age
49.2
Income
$151,250
StatisticZipCityCountyStateUSA
Population 5,393 405368,2835,810,774332,387,540
Median Age 49.2 45.039.537.538.7
People per Household 2.89 3.122.702.452.54
Median Household Income $151,250 N/A$145,737$92,470$78,538
Avg Income per Capita $74,777 $130,788$66,810$50,489$43,289
Real Estate Market
Median Value
$904,600
Median Rent
$2,026
Available
88
MetricZipCityCountyStateUSA
Median Sale Price$904,600$1,066,000$674,000$502,200$303,400
Median Age of Home3631243845
Homes Owned91.9%100.0%75.3%60.6%58.2%
Homes Rented2.8%0.0%21.5%30.8%31.3%
Homes Vacant5.3%0.0%3.1%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index179.3179.3179.3179.3100.0
Commute Time (min)38.741.227.225.526.6
Work from Home32.8%20.3%27.4%18.8%13.5%
Climate
Jan Low
14.4°
July High
86.5°
Rain
17.8"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)14.414.414.414.414.4
July Avg High (°F)86.586.586.586.586.5
Annual Precip (in)17.817.817.817.817.8
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Aspen Ridge

Aspen Ridge is an affluent community with above-average earning potential located in Franktown. The neighborhood is characterized by a very high stability rate, with 91.9% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area tends to attract established professionals and retirees (Median Age: 49.2), creating a unique community atmosphere. With a median household income of $151,250, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Real Estate Market Data Analysis (2026).

The real estate market in Aspen Ridge is currently active. The median home value stands at $904,600, reflecting the desirability of the Franktown area. For investors or those looking to lease, the median rent is approximately $2,026.

According to Homendo Real Estate, the area's inventory turnover (Vacancy Rate: 5.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Real Estate Market Data Analysis (2026).

Aspen Ridge holds a Homendo Safety Score of 87 and an Environmental Quality Score of 92. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Franktown region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Real Estate Market Data Analysis (2026).

The educational landscape in Aspen Ridge is rated at 80 on the Homendo Index. Located within the Douglas County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Real Estate Market Data Analysis (2026).