Located just 18 miles south of Denver downtown, Lone Tree is a charming city in northern Douglas County, directly adjacent to Arapahoe County. Part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area, Lone Tree is a Home Run Municipality with Parker to the east, Littleton and Highlands Ranch to the west, and Englewood and Centennial to the north.
What is the community of Lone Tree like?
Ranked by Niche as the 3rd best place to live in Douglas County, Lone Tree is a vibrant community home to large master-planned communities, parks, shopping destinations, and many running trails and biking trails for inhabitants and visitors alike.Although the nearby metropolis of Denver provides one of the best recreational landscapes in the state and beyond, Lone Tree has its unique recreational opportunities to offer on its part. The city is home to Park Meadows, which is Colorado's biggest shopping mall with over 185 stores and restaurants. The mall hosts a wide variety of stores, such as American Girl, Apple, Crate & Barrel, L.L. Bean, lululemon, Michael Kors, Nordstrom, and Williams Sonoma.
The Park Meadows contains many restaurants including recognizable brands like PF Chang's and Red Robin. Other dining options include 5 Guys Burgers and Fries, Chipotle, Costa Vida, John Holly's, MAD Greens, McDonald's, and Noodles & Company.
On the other hand, Lone Tree is home to an extraordinary network of trails that are perfect for hiking, biking, and running. The community also adores the Links Golf Course at Highland Ranch, which is an 18-hole, executive style course that plays between 3,400 and 4,800 yards, depending on which tees you play from. The course caters to every skill level and rounds can usually be finished in just slightly more than two hours.
If you love arts, the Lone Tree Arts Center would never disappoint you. The Lone Tree Arts Center is a public arts and performance venue featuring seating for 500. The seats are placed in such a way that no seat is more than 60 feet away from the stage. the center attracts local, regional, and national talent, with year-round dramatic theater, live music, and recitals keeping the residents and visitors engaged and entertained.
Other indoor entertainment options in Lone Tree include Bowlero Bowling Alley and Party Venue, iFly Indoor Skydiving Facility, and UAMeadows 12 Movie Theatre.
What is Real Estate like in Lone Tree?
Real estate in Lone Tree has shown an average growth of 3.66% per year since the year 2000. since 2000, the prices of homes in Lone Tree have overall appreciated by a strong 112.57%. National real estate firm RE/MAX categorizes Lone Tree’s housing market as ‘most competitive.’ The sale prices of homes in Lone Tree have experienced a staggering growth of more than 37.5% since May last year.The median home price in Lone Tree is $900,000. Currently, there are 48 active homes for sale in Lone Tree, and normally it takes just 36 days for a listed home to sell. Moreover, the average cost to rent a house in Lone Tree is $2,373 per month. At present, there are 5,310 homes and apartments in the city, 59.8% of which are owned, and the remaining 40.2% are rented.
How is the economic landscape of Lone Tree?
Over the last year, Lone Tree’s job market has grown by 2.8%, while its unemployment rate stands at a decent 5.4%. The US average is 6%. Also, the city’s job market is expected to grow by a whopping 46.4% over the next ten years.On average, a Lone Tree resident earns around $59,000 per annum, substantially higher than the US average of $28500. The city’s median household income of almost $110,600 per resident is also much greater than the US average of approximately $53000. Most of the residents of Lone Tree work in information, manufacturing, retail, finance, educational services, accommodation, professional and technical services, and healthcare.
How are the schools in Lone Tree?
Lone Tree is covered by Douglas County School District RE-1, which encompasses 85 schools and 66,230 enrolled students. Lone Tree also lies in proximity to many colleges including, among others, Arapahoe Community College, College America Denver, and Platt College Aurora.When it comes to higher education, Lone Tree lies in the vicinity of many universities prominent among them being the University of Colorado Boulder (CU Boulder). The CU Boulder is the flagship university of the University of Colorado system and was founded in 1876, five months before Colorado became a state. The university comprises nine colleges and schools, offers over 150 academic programs, and enrolled almost 35,528 students in 2018.
In addition, five Nobel Laureates, nine MacArthur Fellows, and 20 astronauts have been affiliated with CU Boulder as students, researchers, or faculty members in its history. the university has been called a Public Ivy, a group of publicly funded universities considered as providing a quality of education comparable to those of the Ivy League.
Lone Tree in a nutshell
To sum up, Lone Tree is a bustling city that plays home to a relatively affluent community, which enjoys the highest quality of life and unique recreational opportunities just a hop away from the major metropolis of Denver. Apart from being home to Colorado’s biggest shopping mall, Lone Tree offers easy access to a plethora of parks, golf courses, and scenic trails. If you are mulling over moving to Colorado, Lone Tree would make a great place to call home.Newest Listings In Lone Tree
- 1/5 52 Beds 2 Baths 1,444 SqFt$565,000New
- 1/48 486 Beds 5 Baths 5,006 SqFt$1,475,000New
- 1/48 484 Beds 3 Baths 1,870 SqFt$689,000Open Sat 11AM-2PM
- 3D4 Beds 4 Baths 4,239 SqFt$1,435,000New
- 1/15 152 Beds 2 Baths 1,228 SqFt$475,000Active
- 3D4 Beds 4 Baths 4,216 SqFt$1,495,000Price Dropped by $100K
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Lone Tree In A Nutshell
(OCT 22, 2024 - NOV 21, 2024)
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