Arvada, CO 80002,5396 Balsam
See all 10 photos
Arvada, CO 80002,5396 Balsam
Arvada, CO 80002,5396 Balsam
Arvada, CO 80002,5396 Balsam
Arvada, CO 80002,5396 Balsam
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
22
Dec
Tue
23
Dec
Wed
24
Dec
$ 745,000
Est. payment /mo
Save
Active

5396 Balsam Arvada, CO 80002

3 Beds

1 Bath

1,058 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Subdivision Arvada Old Town

MLS Listing ID IRE3332622

Style Cottage,Fixer-Upper

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1949

Annual Tax Amount $4,089

Tax Year 2024

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Single Family Residence

Source ires

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

Community Arvada Old Town

Area Metro Denver

Zoning R 13

Direction I70 to Wadsworth Blvd. North on Wadsworth to 52nd Ave. West on 52nd Ave to Balsam St. North on Balsam to the property.

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Exterior Feature Oversized Garage

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Available

View Y/N No

Roof Type Composition

Porch Patio, Deck

Garage Yes

Building

Lot Description Level, Sloping Lot, Outbuildings, House Faces West, Paved

Sewer Public Sewer

Water City

Architectural Style Cottage, Fixer-Upper

Level or Stories One

Structure Type Frame,Wood Siding,Concrete

New Construction false

Schools

Elementary Schools Lawrence

Middle Schools Arvada K-8

High Schools Jefferson Dist R-1

School District Jefferson Dist R-1

Others

Acceptable Financing Cash, Conventional, FHA, 1031 Exchange, Auction

Listing Terms Cash, Conventional, FHA, 1031 Exchange, Auction

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Donald Betts
Dave Fish

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

5396 Balsam