
5300 Balsam Street, Arvada, CO 80002
Olde Town Arvada · Jefferson County
Key Facts
Description
Incredible Development Opportunity! 1 Acre in Prime Arvada Location. Zoned R-13. Rare opportunity to acquire a high-potential 1-acre flat lot in Arvada, zoned R-13 and eligible for up to 13 residential units. Whether you're planning a multi-family development, townhomes, or a small subdivision, this property offers strong upside in a sought-after area. The existing 3-bed, 1-bath home with oversized 2 car garage, can generate rental income while securing permits and finalizing plans. Utilities are active (public water, well, and irrigation ditch rights included). Minutes from Olde Town Arvada, Wadsworth corridor, light rail, and easy access to Downtown Denver and the mountains. Boundary survey included. Buyer to verify all development details with the City of Arvada. Home sold in "as is" condition.
Property Information
Property Type
Land
Lot Size
1.00 acres
Garage Spaces
2
Parking Spaces
2
Ownership
Individual
Zoning
R-13
Days on Market
127
MLS® Listing#
2720266
Property Features
Parking
Fencing
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,189
Tax year 2024
Parcel Number
004416
Directions
Wadsworth Blvd. to 52nd Street. West to Balsam, turn right (north) look for sign on the right.
Affordability Calculator
$199,000
Estimated monthly payment
$5,296/mo
Principal $796,000 · Est. interest $1,110,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Arvada, CO
- $617,610
- Median Listing Price
- 45
- Median Days on Market
- 2,033
- Median Sq Ft
- $305
- Median Price / Sq Ft
- 1,078
- Active Listings
- This home’s price is 61% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Arvada, CO.
Location
Points of Interest in Arvada, CO
Showing the Arvada area map.
Nearby Schools
Steele School for Early Learning
School · 0.4 mi away
Lawrence Elementary School
Elementary · 0.4 mi away
Faith Christian Schools
Secondary · 0.6 mi away
Arvada K-8
Elementary · 0.6 mi away
Foster Elementary School
Elementary · 0.6 mi away
Shrine of St Anne School
School · 0.7 mi away
Peace Early Learning Center
School · 0.7 mi away
Colorado Christian Montessori
Elementary · 1.0 mi away
Wilmore Davis Elementary School
Elementary · 1.4 mi away
Hope Academy
School · 1.5 mi away
Stevens Elementary School
Elementary · 1.5 mi away
Arvada High School
Secondary · 1.5 mi away
Mountain Phoenix Community School
Elementary · 1.6 mi away
Secrest Elementary School
Elementary · 1.6 mi away
Compass Montessori School
Elementary · 1.7 mi away
Wheat Ridge 5-8 School
School · 1.7 mi away
St Peter & Paul Catholic Church
School · 1.8 mi away
Allendale Elementary School
Elementary · 1.8 mi away
Everitt Middle School
Secondary · 1.9 mi away
Anderson Preschool
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9305 W 52nd Ave, Arvada, CO | $698,000 | 4 | 2 | 2,276 |
| 9305 W 52nd Avenue, Arvada, CO | $698,000 | 4 | 2 | 2,276 |
| 6552 Owens Ct, Arvada, CO | $699,000 | 5 | 2 | 2,219 |
| 6552 Owens Court, Arvada, CO | $699,000 | 5 | 2 | 2,219 |
| 8652 W 49th Pl, Arvada, CO | $699,000 | 3 | 3 | 2,383 |
| 8652 W 49th Place, Arvada, CO | $699,000 | 3 | 3 | 2,383 |
Moving Cost Estimate
EXIT Agents in Arvada
Listing Courtesy: RE/MAX Properties Of The Summit - RondaCampbell11@gmail.com,970-389-3437
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