Why Live in Challenger Park Estates
Challenger Park Estates in Parker, Colorado, is a neighborhood characterized by its new traditional homes, ranging from $575,000 to $1 million, with options for one or two stories and attached garages. The community features well-maintained sidewalks, streetlamps, playgrounds, and green spaces, supported by a $95 monthly homeowners association fee. Residents can enjoy Pam Daale Memorial Park's basketball courts, playground, and disc golf, as well as the extensive 42-mile Cherry Creek Trail. Challenger Regional Park, located to the south, offers additional recreational facilities, including playgrounds, turf fields, and the Parker Recreation Center with an indoor pool and fitness classes. While the neighborhood lacks a dedicated shopping area, nearby strip malls such as The Crossing at Stonegate and Stonegate Village Center provide grocery stores, fast food options, and local businesses. Downtown Parker's Mainstreet, about 4 miles east, offers more boutiques, cafes, and eateries. Annual events like Parker Days bring the community together with carnival rides, food vendors, and live music. The neighborhood is well-connected via Jordan Road, Lincoln Avenue, and E-470, providing access to Denver International Airport, 25 miles north, and other key routes. The Douglas County School District, serving the area, is highly rated, with Mammoth Heights Elementary, Sierra Middle School, and Chaparral High School all earning commendable grades. Additionally, Southeast Christian School offers private education with Biblical integration for kindergarten through eighth grade.
Frequently Asked Questions
Is Challenger Park Estates a good place to live?
Challenger Park Estates is a good place to live. Challenger Park Estates is considered car-dependent and very bikeable. Challenger Park Estates has 2 parks for recreational activities. It has a median age of 41. The average household income is $111,556 which is above the national average. College graduates make up 47.3% of residents. A majority of residents in Challenger Park Estates are home owners, with 13.2% of residents renting and 86.8% of residents owning their home. A
local real estate agent serving Challenger Park Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Challenger Park Estates neighborhood guide.
How much do you need to make to afford a house in Challenger Park Estates?
The median home price in Challenger Park Estates is $250,000. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $56K a year to afford the median home price in Challenger Park Estates. The average household income in Challenger Park Estates is $112K.
What are the best public schools in Challenger Park Estates?
The best public schools that serve Challenger Park Estates are:
What are the best private schools in Challenger Park Estates?
The best private schools that serve Challenger Park Estates are:
What are the most popular zip codes in Challenger Park Estates, Parker, CO?
What are the most popular neighborhoods near Challenger Park Estates, Parker, CO?
Are home prices dropping in Challenger Park Estates?
Yes, home prices in Challenger Park Estates are down 24% in the last 12 months.
Home Trends in Challenger Park Estates, CO
On average, homes in Challenger Park Estates, Parker sell after 87 days on the market compared to the national average of 70 days. The median sale price for homes in Challenger Park Estates, Parker over the last 12 months is $250,000, down 21% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$250,000
Median 2 Bedroom Sale Price
$380,000
Average Price Per Sq Ft
$245
Number of Homes for Sale
0
Last 12 months Home Sales
16
Median List Price
$250,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-21%
