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What to Do With an Inherited House in Larkspur

Larkspur offers a unique mountain-adjacent lifestyle with small-town character. Inheriting property here involves different considerations than typical Douglas County suburbs.

Larkspur Is Different

With a population under 500, Larkspur is Douglas County's smallest town. Properties range from historic homes in the town core to larger parcels with mountain views. The buyer pool is smaller but specific: people seeking rural character with reasonable Denver access.

First Steps After Inheriting

1. Assess Property Type

Is it a historic home, a modern construction, or acreage with improvements? Larkspur properties vary widely, and this affects value and buyer appeal.

2. Check Water & Utilities

Many Larkspur properties rely on wells and septic systems. Understand the status and condition of these systems — they're crucial to property value.

3. Winterize if Needed

Larkspur's elevation means harsh winters. Vacant properties need proper winterization to prevent frozen pipes and weather damage.

4. Fire Mitigation

Properties in the wildland-urban interface may need fire mitigation. Check if there are outstanding requirements or compliance issues.

Your Three Options

Option 1: Sell

Larkspur attracts buyers seeking rural character, horse property, or mountain access. The buyer pool is smaller than suburban areas, so sales may take longer but can command good prices for the right property.

Best for: Heirs who don't want rural property management, out-of-state heirs, those who can't maintain acreage remotely.

Option 2: Keep & Live There

Larkspur offers a unique lifestyle: small-town community, quick mountain access, and escape from suburban density while still commuting to Denver.

Best for: Those seeking rural/mountain lifestyle, horse owners, remote workers who value space over convenience.

Option 3: Rent

Long-term rentals are possible but the market is limited. Short-term/vacation rentals may be viable depending on the property and local regulations.

Best for: Local heirs who can manage rural property, those with unique properties suited for vacation rental.

Larkspur Property Considerations

Unique Factors:

  • Well & septic: Many properties have private systems needing maintenance
  • Acreage: Larger lots require ongoing maintenance (fencing, fire mitigation)
  • Road access: Some properties have private roads or easement considerations
  • Fire risk: Wildfire mitigation may be required or advisable
  • Limited services: Fewer nearby amenities than suburban Douglas County

Market Reality

Larkspur's small size means:

  • • Fewer comparable sales for pricing
  • • Smaller buyer pool (but motivated buyers)
  • • Properties may take longer to sell
  • • Unique properties (horse, acreage) can command premiums

We buy properties throughout Larkspur and understand the unique market dynamics.

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