$1,395,000

Estimated payment $7,895/month

Total Views 245
3 Beds
1.5 Baths
3,109 Sq Ft
$449 Price per Sq Ft

Highlights

  • 0.94 Acre Lot
  • Traditional Architecture
  • Bonus Room
  • Living Room with Fireplace
  • Wood Flooring
  • No HOA

About This Home

Charming Story Book estate on 0.946 acres in Wheat Ridge, once part of the Henry Lee Farm, presents an exceptional development opportunity with immediate income from current tenants (lease through April 2026). This unique property offers unmatched privacy and space for luxury living while providing future flexibility for perhaps a guest house, in-law suite, or additional residences fulfilling your dreams. In addition, this home features radiant heated hardwood flooring, newer roof, newer bath with granite features, newer furnace/hot water heater, Pella windows, heated garage, and an abundance of storage. This prime urban infill property is zoned R-2, allowing for single-family homes, duplexes, and accessory dwelling units (ADUs). It boasts dual street access (32nd/33rd Avenues) with utilities including an active 2nd sewer tap ready to use. Strategically located just 1.9 miles from I-70/I-76, 6 miles from downtown Denver, and 24 miles from DIA, with convenient access to transportation, bike trails, and Crown Hill Park nearby. The property is adjacent to the exciting 100-acre Lutheran Legacy Campus redevelopment project, which includes an approved master plan for parks, trails, and walkable streets that enhance neighborhood amenities. Comparable 1-acre properties have sold for $1.1M to $1.8M since 2022. This rare convergence of established rental income, developable land, 2 street access, great location and R2 zoning offers a unique investment opportunity that transcends typical market transactions. This property maximizes zoning in an area where land commands premium pricing. It’s ideal for those seeking the rare Story Book style house on a big lot, developers seeking significant projects or investors with a knack for identifying emerging opportunities amid Colorado’s continued growth and limited urban land availability, driving strong demand for quality residential developments in established neighborhoods. 24hr notice to schedule showings.

Listing Agent

John Jaster

Slifer Smith and Frampton Real Estate Brokerage Email: johnj@sliferdenver.com,303-322-6200 License #100097024 Listed on: 08/25/2025

Co-Listing Agent

Adam Jaster

Slifer Smith and Frampton Real Estate Brokerage Email: johnj@sliferdenver.com,303-322-6200 License #100103274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1953

Lot Details

  • 0.94 Acre Lot
  • South Facing Home
  • Property is zoned R-2

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Utility Room
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Bedroom in Basement

Schools

  • Stevens Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • No Cooling
  • Water Heater

Community Details

  • No Home Owners Association
  • Bel Aire/ Hillcrest H 2406 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021798

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,711

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 2059
  • Below Grade Sq Ft: 896
  • Exclusions: None
  • Living Area: 3109
  • SubdivisionName: Bel Aire/ Hillcrest H-2406
  • Co List Office Mls Id: RECSSFRE
  • Co List Office Phone: 970-845-2000
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2025-08-25
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Attribution Contact: johnj@sliferdenver.com,303-322-6200
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Flooring: Wood
  • Fireplace Features: Basement, Electric, Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Finished, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1050
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Block, Frame, Stucco

Garage/Parking

  • Parking Features: Heated Garage
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Parcel Number: 021798
  • Lot Size Acres: 0.94
  • Building Area Total: 4005
  • Lot Size Sq Ft: 40946.4

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3711

MLS Schools

  • Elementary School: Stevens
  • High School: Wheat Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,711 $42,324 $26,357 $15,967
2023 $3,701 $42,324 $26,357 $15,967
2022 $3,250 $36,502 $20,522 $15,980
2021 $3,295 $37,553 $21,113 $16,440
2020 $2,924 $33,490 $18,545 $14,945
2019 $2,884 $33,490 $18,545 $14,945
2018 $3,070 $34,452 $16,502 $17,950
2017 $2,772 $34,452 $16,502 $17,950
2016 $2,430 $28,258 $17,939 $10,319
2015 $2,109 $33,278 $17,939 $15,339
2014 $2,109 $23,004 $10,682 $12,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $1,395,000 -- $449 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Credit Line Revolving
Closed $150,000 New Conventional
Source: Public Records

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Source: REcolorado®

MLS Number: 4240274

REcolorado®

APN: 39-262-00-031