For Those Considering Buying a House in Lone Tree
Lone Tree is a flourishing community in Douglas County known for its abundance of shopping, dining and entertainment amenities. It is also a hub for business and healthcare services and has grown considerably in recent years with the addition of the Charles Schwab campus and the expansion of the Sky Ridge Medical Center. Corken + Company has a long standing reputation for being Lone Tree experts, and looks forward to the opportunity to be your Lone Tree Realtor.
It’s this balance between work and play that makes Lone Tree a desirable place to live. In a recent resident survey conducted by the city of Lone Tree, 99 percent of participants rated the quality of life in Lone Tree as “good” or “excellent” and 96 percent said they would recommend living here. This makes Lone Tree a desirable place to buy a home, sell a home, or even lease a home.
Suburb Stats for Lone Tree, Colorado
Since its incorporation in 1995, Lone Tree has grown from a tiny town of 3,000 people to a vibrant community of almost 13,000 residents. This has been a driving factor for many to buy a home in Lone Tree or sell a home in Lone Tree. Like other cities along Colorado’s Front Range, Lone Tree is currently experiencing a population surge as companies move to the region, drawing people to relocate from all over the country. Lone Tree businesses attract highly educated employees who seek a fulfilling balance of corporate opportunity and an outdoor lifestyle. Making Lone Tree real estate extremely desirable.
Lone Tree is a nicely planned community that is easy to navigate. Most of the city is organized into several main districts situated around prominent features like shopping centers, residential neighborhoods and commercial areas. Some of the most notable commercial areas include the Park Meadows shopping and entertainment district, and the RidgeGate region, home to the city’s major medical and corporate buildings. Some of the most prominent residential areas include The Charter, Heritage Hills, Carriage Club and Fairways subdivisions.
Population – Demographic Stats
For a Lone Tree realtor, one major selling point is the rate at which the city is growing. In the two decades since its incorporation, Lone Tree has grown from a tiny town of 3,000 people to a vibrant community of almost 13,000 residents. Like other cities along Colorado’s Front Range, Lone Tree is currently experiencing a population surge as companies move to the region, drawing people to relocate from all over the country. Lone Tree businesses attract highly educated employees who seek big city access and an outdoor lifestyle. The median age in Lone Tree is 39 years old indicating that this is a prime place for executives and families.
Average House Prices – How Has This Changed Over Time?
Home values are expected to continue increasing over the next several years in direct correlation with the rising population and burgeoning local economy. Case in point, the average home price in Lone Tree realized an increase of five percent over the previous year. One of the best things about owning a home in Lone Tree is that there is no property tax providing home buyers with more buying power. This makes a great selling point for those looking to buy a home in Lone Tree.
Average Housing Density
There are about 5,331 households in Lone Tree, the majority of which are inhabited by two or more people (and 38 percent of Lone Tree households have three or more inhabitants, indicating a family unit.) More than 3,300 of these homes are owner-occupied, while about 2,200 are renter-occupied. For those looking to live in the 80124 zip code, Lone Tree Realtors would tell you that there are options to buy a home in Lone Tree, lease a home in Lone Tree, and eventually sell a home in Lone Tree.
Raising a Family in Lone Tree, Colorado
Childcare and Early Learning in Lone Tree
Livability.com shows that almost 45 percent of school enrollment in Lone Tree is at the elementary level, meaning that more than half of attendees are enrolled in pre-K through the eighth grade programs. Furthermore, the City of Lone Tree estimates about 10 percent of its residents are younger than ten years old (meaning there are a lot of kiddos running around Lone Tree neighborhoods!) According to a study conducted by Red Rocks Community College, childcare costs in Douglas County tend to be higher than those in neighboring counties.
School Districts in Lone Tree
Lone Tree has access to several highly regarded school districts, and many people move to the area for this reason alone. The three main public school districts in the region include the Douglas County, Littleton and Cherry Creek Public Schools. There are also several private and charter schools available for families to choose from. Several elementary, middle and high schools are located in Lone Tree proper.
Medical Centers in Lone Tree
Lone Tree is home to the Sky Ridge Medical Center, one of the top healthcare organizations in the region and the second largest employer in Lone Tree. Sky Ridge is known as a “destination hospital” for its outstanding emergency room department, cancer treatment center and award-winning “Birth Place” building for labor, delivery and women’s specialty care.
Lone Tree is also home to a Kaiser Permanente specialty care center, the nation’s leading Colorado Center for Reproductive Medicine and the applauded Children’s Hospital Colorado. These medical facilities are invaluable assets to the Lone Tree community.
What Type of Lifestyle Suits Lone Tree?
Restaurants and Dining in Lone Tree
Lone Tree is bursting with restaurants, bars and breweries—many with outdoor patios to best enjoy the fabulous Colorado weather and alfresco dining at its finest. With more than 120 restaurants in ten square-miles, residents have easy access to everything from fast-casual spots like the Woody Creek Café, Mellow Mushroom and Red Robin (perfect for messy family meals) to upscale chains like Brio, Seasons 52 and White Chocolate Grille (ideal for rejuvenating after a busy shopping day).
Lone Tree has also caught the eye of some of Colorado’s most notable chefs and restaurateurs resulting in an assortment of locally-owned gems like Richard Sandoval’s La Sandia, a modern Mexican restaurant located at the Park Meadows Mall, and Snooze A.M. Eatery, a cult-favorite brunch spot.
Popular bars in Lone Tree include the Lone Tree Brewing Company and The Yard House.
Shopping Precincts in Lone Tree
Lone Tree attracts visitors from all over Colorado looking to purchase coveted items from high-end fashion to home goods to recreational equipment. Most of the city’s retail offerings are located in or near the Park Meadows Mall located at I-25 and County Line Road. Also referred to as the Park Meadows Retail Resort, it is the largest mall in Colorado with more than 200 shops and restaurants, including the Colorado flagship stores for Nordstrom, Dillard’s and Pottery Barn.
Lone Tree is also known as the go-to place for home furnishings. In addition to being the proud home to Colorado’s only IKEA superstore, shoppers will also find a multitude of big box furniture stores like Arhaus, Bassett, Furniture Row and Kirkland’s as well as a jackpot selection of second-hand and antique furniture stores.
Other retail districts include the Lone Tree Town Center and the up-and-coming RidgeGate development, a mixed-use master planned community located near the Charles Schwab corporate campus that will contribute two more Lone Tree shopping and dining districts for a total of 10 million square feet of additional retail and office space[. The first phase of the shopping district is already complete, with a Cabela’s flagship store as its cornerstone.
Recreation Centers in Lone Tree
With 35 miles of multi-use trails, 244 acres of public parks, a full-service recreation center and several golf courses and tennis clubs all within the city limits, Lone Tree is a recreational paradise all on its own (plus Lone Tree’s location along the I-25 corridor provides easy access to Colorado’s world-renowned ski resorts as well as state and national parks areas.)
The 55,000-square-foot Lone Tree Recreational Center features a state-of-the-art gymnasium, fitness classes, sports courts, group leagues, children’s programs and an indoor pool with a water slide and a lazy river. Babysitting and event spaces are also provided at a special discounted resident membership rate.
The public Lone Tree Golf Club features a championship 18-hole course designed by Arnold Palmer, a 15-suite hotel, event space and a state-of-the-art tennis facility, all managed by the South Suburban Parks and Recreation District.
The city of Lone Tree maintains 12 parks, the largest of which are Sweetwater Park and Bluffs Regional Park. A well-planned trail network offers Lone Tree residents seriously scenic routes for jogging, bicycling or even just taking the dog for a walk. Some of the trails also connect to the neighboring trail networks of Denver and Littleton.
Other recreational activities in Lone Tree include the Brunswick Zone, an indoor billiards, bowling and arcade center, and the thrilling Skyventure indoor skydiving center.
The Arts in Lone Tree
The residents of Lone Tree are a highly educated group who appreciate and support the arts community, evident in the recent renovation of the Lone Tree branch of the Douglas County public library and the LEED-certified Lone Tree Arts Center, both conveniently located at I-25 and Lincoln Avenue.
In addition to the United Artists movie theater near Park Meadows Mall, Lone Tree residents can now catch an entertaining flick at the recently opened University of Colorado South Denver campus, located at the intersection of Lincoln Avenue and Peoria Street. This latest addition to the CU campus collection also houses an art and history museum with a café, bookstore and interesting variety of nature-focused exhibits.
Commuting from Lone Tree, Colorado
Drive Time Into the Center of Denver
Although Lone Tree has the friendly atmosphere of a suburban community, it enjoys a central location just 20 miles south of the thriving metropolis of downtown Denver (about a 30 minute drive on I-25) providing residents with easy access to big-city offerings. Additionally, the Denver International Airport is an approximate 40-minute drive, the Denver Tech Center is approximately 15 minutes away and a jaunt to Colorado Springs takes about one hour by car. Location to major highways and transportation systems are an key selling point for Lone Tree realtors to their clients.
Other Transportation Options Within Lone Tree
Although about 13,000 people reside in Lone Tree, according to research conducted by the City of Lone Tree, the daytime population is a little more than 25,000. That means that about 12,000 people commute to Lone Tree each day for work! In recent years, highway traffic has become a challenging issue for many residents of Denver and its southern suburbs. Thankfully, the expansion of the RTD light rail, bus and call-and-ride services are bringing much-needed relief to Lone Tree commuters. The recent addition of the city’s own Lone Tree Link providing speedy, free shuttle service along the Park Meadows Drive corridor to major employment centers during the weekdays adds to commuter convenience.
Clearly, the growing list of amenities in Lone Tree is endless, from beautiful homes and neighborhoods to a plethora of industry icons popping up left and right. Although some may think of it as a sleepy suburb, this young city is quickly becoming a coveted community for those seeking the perfect balance between work and play. There’s no doubt that Lone Tree is poised to be one of the up-and-coming real estate hot spots near the overflowing Denver metro area. Corken + Company looks forward to being your partner to buy a home in Lone Tree and sell a home in Lone Tree, but most importantly be your Lone Tree Realtor for your Real Estate Solutions Without Limits.