5396 Balsam St new Save Request In-Person Tour Request Virtual Tour
Arvada,CO 80002
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,058 sqft
Price per Sqft $708
Subdivision Arvada Old Town
MLS Listing ID 3332622
Style Cottage/Bung,Ranch
Bedrooms 3
Full Baths 1
Year Built 1949
Annual Tax Amount $4,089
Lot Size 0.580 Acres
Property Sub-Type Residential-Detached
Property Description
Welcome to 5396 Balsam Street in the heart of Arvada! This 3-bedroom, 1-bath home sits on an expansive 25,265 sq. ft. lot offering a rare opportunity for both homeowners and investors. The property's generous size and multi-unit zoning create outstanding development potential-whether you envision building additional residences, exploring income-producing opportunities, or designing your own dream retreat.
The existing home provides comfortable living with three well-sized bedrooms, a full bath, and a functional floor plan. Surrounded by mature trees and open space, the oversized lot delivers a sense of privacy while still being close to everything Arvada has to offer.
Enjoy easy access to Olde Town Arvada's shops, dining, and light rail, as well as nearby parks, schools, and major commuter routes. This property combines current livability with incredible future upside-making it a truly unique find in today's market.
Additionally, the owners of several adjacent properties are willing to sell for the right price so a larger assemblage would be an option. The subject property is zoned R13 and the parcels to the North are zoned R24 so the possible density options are attractive. Consult with Arvada City planning to fully understand the potential.
Don't miss the chance to own a piece of Arvada with endless possibilities! Note that all offers need to be submitted to the Xome Auction Portal. https://www.xome.com
Location
State CO
County Jefferson
Area Metro Denver
Zoning R 13
Rooms
Other Rooms Outbuildings
Interior
Heating Forced Air
Cooling Central Air
Laundry Main Level
Exterior
Parking Features Oversized
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Available
Roof Type Composition
Building
Lot Description Level,Sloped
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame,Wood Siding,Concrete
New Construction false
Schools
Elementary Schools Lawrence
Middle Schools Arvada K-8
High Schools Arvada
School District Jefferson County R-1
Others
Special Listing Condition Private Owner,Auction