Community Description Franktown’s beginnings came in 1858 when the first gold discovery in Colorado was made in the area. Although today this quiet, primarily residential community offers little for prospectors, natural treasures abound. Life Style Included is Castlewood Canyon State Park, a favorite spot to hike and bird watch as well as to explore local history at the ruins of the Castlewood Canyon Dam. Employment Located at the northern edge of Colorado’s Black Forest, Franktown provides its residents with a country setting within just over a half hour’s reach of two thriving cities--Denver and Colorado Springs. Shopping Location at the intersection of Highway 86 and Highway 83/Parker Rd. provides Franktown with easy access to the Castle Rock Prime Outlets, Park Meadows Mall, and South Denver shopping. Education Franktown is nested between the coverage of Douglas County High School and Ponderosa High School giving you the choice between two of the best schools in the county.