Why Live in Cottonwood
Cottonwood in Parker, Colorado, blends suburban charm with convenience, featuring new residential communities and classic homes on spacious lots. Located 21 miles south of downtown Denver, this neighborhood offers easy access to major routes and local hotspots. Home styles include ranch, split-level, and new traditional, with occasional Tudors and cottages. Cottonwood is part of the rapidly expanding Parker area, with new developments like Dove Village adding modern townhouses. The neighborhood's highly rated schools include Pine Lane Elementary, Sierra Middle School, and Chaparral High School.
Outdoor activities are abundant, with the Cherry Creek Trail system providing 40 miles of hiking and cycling paths connecting to the Parker Jordan Centennial Open Space and Cherry Creek Valley Ecological Park. Cottonwood Park East and West feature amenities like a meditation labyrinth, inline hockey rink, baseball diamond, and climbing wall. Pocket parks such as Birch Run Park and Dove Ridge Park offer colorful playgrounds for all ages. Retail essentials, dining options, and entertainment are concentrated around Cottonwood Drive and Parker Road, with attractions like Boondocks Food & Fun Parker and dining spots like Saltgrass Steakhouse and Los Dos Potrillos. Grocery shopping is convenient with King Soopers Marketplace, Trader Joe's, and Costco Wholesale nearby, and a Whole Foods Market opening in August 2024.
Community events like Parker Days, Fall Fest, and the Parker Farmers Market add vibrancy to the area. Cottonwood is bordered by E-470, providing access to the Denver metropolitan area, with Parker Road offering a direct route to Denver. Interstate 25 is 5 miles west, and the Denver International Airport is 28 miles north. The neighborhood's crime rate is lower than the national average, making it appealing for families and commuters alike.
Frequently Asked Questions
Is Cottonwood a good place to live?
Cottonwood is a good place to live. Cottonwood is considered very car-dependent and somewhat bikeable. Cottonwood is a suburban neighborhood. Cottonwood has 7 parks for recreational activities. It is somewhat dense in population with 8.0 people per acre and a median age of 37. The average household income is $114,078 which is above the national average. College graduates make up 51.7% of residents. A majority of residents in Cottonwood are home owners, with 18.9% of residents renting and 81.1% of residents owning their home. A
local real estate agent serving Cottonwood can help you decide if this neighborhood is the right one for you. Learn more on our
Cottonwood neighborhood guide.
How much do you need to make to afford a house in Cottonwood?
The median home price in Cottonwood is $525,000. If you put a 20% down payment of $105,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $112K a year to afford the median home price in Cottonwood. The average household income in Cottonwood is $114K.
What are the best public schools in Cottonwood?
The best public schools that serve Cottonwood are:
What are the best private schools in Cottonwood?
The best private schools that serve Cottonwood are:
What are the most popular zip codes in Cottonwood, Parker, CO?
What are the most popular neighborhoods near Cottonwood, Parker, CO?
Home Trends in Cottonwood, CO
On average, homes in Cottonwood, Parker sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Cottonwood, Parker over the last 12 months is $525,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$525,000
Median Single Family Sale Price
$555,000
Median Townhouse Sale Price
$400,407
Median 2 Bedroom Sale Price
$352,500
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
38
Last 12 months Home Sales
196
Median List Price
$525,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
