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.
Home Trends in Cottonwood, CO
On average, homes in Cottonwood, Parker sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in Cottonwood, Parker over the last 12 months is $520,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$520,000
Median Single Family Sale Price
$554,950
Median Townhouse Sale Price
$492,500
Median 2 Bedroom Sale Price
$355,000
Median 1 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
38
Last 12 months Home Sales
203
Median List Price
$520,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%