Larkspur, CO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Larkspur short-term rental market based on reliable data.

Listings

35 / 74

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$35,346

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$951,820

Median Home Sale Price

Top Earners

$66,228

Top-Earners Revenue

Larkspur

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Larkspur.

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C

Challenging to Investors

Larkspur Regulations

STRs are prohibited inside Town of Larkspur (up to $5,000 fines), forcing investors to target unincorporated Douglas County where licensing is allowed but involves moderate fees ($500/$270 review + $130 license), notarized owner-consent, Life Safety affidavit, Building/Health inspections, septic permits, and PD/HOA exclusions. No hard caps but compliance is technical, multi‑agency, and costly enough to dampen investment appetite.

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About Larkspur

Larkspur is a small unincorporated community and census-designated place in Douglas County, Colorado, sitting at the foot of the Rampart Range where the Great Plains meet the Rocky Mountain foothills. With a population of only a few hundred residents, it has the feel of a quiet country town rather than a tourist destination, yet it occupies a strategic position along the Interstate 25 corridor roughly between Denver and Colorado Springs. Travelers passing through often note the wide skies, ranch land, and the dramatic granite outcrops of the Rampart Range rising just to the west. Larkspur is best known as a gateway to outdoor recreation in the southern Front Range and as a convenient rest stop for travelers heading toward Colorado Springs, Manitou Springs, and the high country beyond.

Just west of Larkspur, Castlewood Canyon State Park draws hikers, rock climbers, and history buffs to a narrow canyon carved by Cherry Creek, roughly a 15-minute drive from town. The park features short trails that lead to the ruins of a late-19th-century dam, dramatic sandstone walls, and a peaceful stretch of creek-bottom scenery that feels far removed from the busy interstate only a few miles east. It is one of the more underrated natural areas in the Denver metro region and tends to be less crowded than the parks closer to the city.

A short drive north of Larkspur brings visitors to Greenland Open Space, a Douglas County property popular with trail runners, mountain bikers, and equestrians. The trail system winds through rolling prairie and ponderosa stands with consistent views of Pikes Peak to the south and the Front Range urban corridor to the north. Because the area sits at a higher elevation than Denver, the summer temperatures are noticeably cooler, which adds to its appeal for outdoor enthusiasts.

The Rampart Range itself looms just beyond Larkspur's western edge, offering access to Pike National Forest, dispersed camping, and a network of forest roads that draw off-roaders and anglers heading to nearby reservoirs. Closer to town, Spruce Mountain Open Space provides a more accessible trail experience with a gradual climb to a rocky summit that rewards visitors with sweeping views of the Palmer Divide. Together, these open spaces make Larkspur an appealing base for guests who want to combine Front Range sightseeing with quieter, less-trafficked outdoor experiences.

For short-term rental owners, Larkspur's appeal lies in its balance: a small-town atmosphere and easy access to the Rampart Range, multiple county and state open spaces, and the cultural attractions of both Denver and Colorado Springs within roughly an hour's drive in either direction. The community's location appeals to road trippers exploring the I-25 corridor, outdoor travelers seeking a quieter alternative to mountain resort towns, and visitors attending events in nearby Castle Rock or Colorado Springs, all of which give the area steady year-round rental potential.

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