Neighborhood Guide

Bannockburn

Franktown, CO 80116

Data Verified: Jul 17, 2026

About this Area

Bannockburn in Franktown, Colorado, exudes a timeless charm that blends rustic Western heritage with modern luxury living. Established in the late 1990s, this neighborhood was meticulously designed to preserve the natural beauty of the Front Range foothills while offering residents a serene escape from urban sprawl. The winding streets are lined with mature ponderosa pines and native grasses, creating a picturesque backdrop that changes with the seasons. Bannockburn’s name pays homage to the historic Bannockburn Ranch, which once dominated the area, and today’s residents enjoy a strong sense of community fostered by annual events like the Fourth of July parade and holiday tree lighting. The neighborhood’s elevation of 6,500 feet ensures crisp mountain air and stunning views of Pikes Peak, making it a coveted retreat for those who appreciate both privacy and proximity to Denver’s amenities.

Bannockburn’s real estate market is defined by its custom-built luxury homes, where architectural styles range from modern farmhouse to contemporary mountain retreat, all set on spacious lots averaging 1 to 5 acres. The median home value in this exclusive enclave is $904,600, reflecting the high demand for premium properties in a sought-after location. Many homes feature open-concept designs with vaulted ceilings, gourmet kitchens, and expansive decks that take advantage of panoramic views. Lots are often gently sloping or flat, ideal for both traditional and custom builds, and the neighborhood’s covenants ensure a cohesive aesthetic that maintains property values. With a low turnover rate, Bannockburn remains one of Franktown’s most stable and desirable housing markets.

Residents of Bannockburn enjoy unparalleled access to outdoor recreation, with the neighborhood bordering the vast open spaces of the Colorado State Forest and nearby Cherry Creek State Park. The community itself features a private park with walking trails, a playground, and picnic areas, perfect for family gatherings and leisurely strolls. For education, the highly rated Douglas County School District serves the area, with nearby Franktown Elementary and Castle Rock Middle School providing top-tier public schooling. Shopping and dining options are just a short drive away in Castle Rock or Parker, offering everything from boutique grocers to upscale restaurants. Additionally, the neighborhood’s proximity to I-25 (15 minutes) and E-470 (20 minutes) ensures easy access to Denver International Airport and major employment hubs.

Buyers choose Bannockburn for its perfect balance of seclusion and convenience, offering a rural lifestyle with the amenities of a thriving metro area within reach. The neighborhood’s median household income of $151,250 reflects the affluence of its residents, many of whom work in tech, healthcare, or remote professional fields. Commute times to Denver average 45 minutes, making it feasible for those who prefer a quieter home base while still having access to urban opportunities. The strong local economy, low crime rates, and tight-knit community make Bannockburn an ideal choice for families, professionals, and retirees alike. With its enduring appeal and limited inventory, properties here are a sound investment for long-term growth.

Homendo Valuation Index
Quality of Life 87
Environment 85
Education 86
Safety 80
Demographics
Population
5,393
Density
2,800
Median Age
49.2
Income
$151,250
StatisticZipCityCountyStateUSA
Population 5,393 40527,1525,810,774332,387,540
Median Age 49.2 45.044.837.538.7
People per Household 2.89 3.122.812.452.54
Median Household Income $151,250 N/A$129,477$92,470$78,538
Avg Income per Capita $74,777 $130,788$57,481$50,489$43,289
Real Estate Market
Median Value
$904,600
Median Rent
$2,026
Available
91
MetricZipCityCountyStateUSA
Median Sale Price$904,600$1,066,000$664,600$502,200$303,400
Median Age of Home3631293845
Homes Owned91.9%100.0%89.5%60.6%58.2%
Homes Rented2.8%0.0%5.3%30.8%31.3%
Homes Vacant5.3%0.0%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index179.3179.3179.3179.3100.0
Commute Time (min)38.741.241.625.526.6
Work from Home32.8%20.3%19.0%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 Bannockburn

Bannockburn 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 Network Market Data Analysis (2026).

The real estate market in Bannockburn 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 Network, the area's inventory turnover (Vacancy Rate: 5.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Bannockburn holds a Homendo Safety Score of 80 and an Environmental Quality Score of 85. 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 Network Market Data Analysis (2026).

The educational landscape in Bannockburn is rated at 86 on the Homendo Index. Located within the Elbert 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 Network Market Data Analysis (2026).
Location
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Real Estate Intelligence

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WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
19
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