Why Live in Parkway Estates
Parkway Estates in Arvada is a serene suburb known for its friendly community and traditional charm. Developed in the early 1960s, the neighborhood has older brick homes, including split-level and ranch-style houses, typically on quarter-acre lots or smaller. These homes often have three to four bedrooms and one-car garages. Parkway Estates offers numerous recreational opportunities, with Lake Arbor, Lake Standley and Hidden Lake all within a 5-mile radius. Lake Arbor Park has open fields, playgrounds and fishing spots. Little Dry Creek Park is another favorite, bustling with foot traffic and bikes in warmer months and sledding in winter. Golf enthusiasts practice at the nearby Indian Tree Golf Club. The neighborhood's proximity to West 80th Ave and Wadsworth Boulevard ensure residents have convenient access to grocery stores like King Soopers, Target, and Sprouts Farmers Market, as well as dining options ranging from Sweet Bloom Coffee Roasters to The Butchery steakhouse. Denver and Boulder are around 30 minutes away when locals want some city time. Parkway Estates offers a peaceful yet well-connected life.
Frequently Asked Questions
Is Parkway Estates a good place to live?
Parkway Estates is a good place to live. Parkway Estates is considered car-dependent and bikeable with minimal transit options. Parkway Estates has 6 parks for recreational activities. It is somewhat dense in population with 6.7 people per acre and a median age of 40. The average household income is $108,113 which is above the national average. College graduates make up 29.5% of residents. A majority of residents in Parkway Estates are home owners, with 12.7% of residents renting and 87.3% of residents owning their home. A
local real estate agent serving Parkway Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Parkway Estates neighborhood guide.
Is Parkway Estates, CO a safe neighborhood?
Parkway Estates, CO is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Parkway Estates?
The median home price in Parkway Estates is $559,900. If you put a 20% down payment of $112,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $2,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $120K a year to afford the median home price in Parkway Estates. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Parkway Estates is $108K.
What are the best public schools in Parkway Estates?
The best public schools that serve Parkway Estates are:
What are the best private schools in Parkway Estates?
The best private schools that serve Parkway Estates are:
What are the most popular zip codes in Parkway Estates, Arvada, CO?
What are the most popular neighborhoods near Parkway Estates, Arvada, CO?
Are home prices dropping in Parkway Estates?
Yes, home prices in Parkway Estates are down 1% in the last 12 months.
Home Trends in Parkway Estates, CO
On average, homes in Parkway Estates, Arvada sell after 31 days on the market compared to the national average of 55 days. The median sale price for homes in Parkway Estates, Arvada over the last 12 months is $525,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$525,000
Median Single Family Sale Price
$525,000
Average Price Per Sq Ft
$342
Number of Homes for Sale
1
Last 12 months Home Sales
18
Median List Price
$559,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
