5490 S Locust Street , Greenwood Village, CO 80111

Sold: 1900000
Sold on: Mar 20th, 2026
$ Per Square Foot: $507
Sold: 1900000
Sold on: Mar 20th, 2026
$ Per Square Foot: $507
BEDS5 BATHS4 full 1 partial SQUARE FEET3,749 MLS#6424689
STATUSClosed PROPERTY TYPEResidential - Single Family SUBDIVISIONGreenwood Hills SCHOOLCherry Creek 5


Property Description

Rare Greenwood Hills Opportunity | 0.77 Acres | Mountain Views | Builder & Investor PotentialAn exceptional opportunity in highly sought-after Greenwood Hills, where expansive lots, mature trees, and custom luxury homes define the landscape. Set on a sprawling 0.77 Acre parcel, this property offers the scale, privacy, and long-term upside thats increasingly difficult to find in Greenwood Village.The existing 5-bedroom, 5-bath residence spans 3,749 square feet and includes a private driveway, 2-car garage, established landscaping, and mountain views. The true value lies in the land, the setting, and the flexibility it offers.Surrounded by significant redevelopment and multimillion dollar custom homes, this property presents a compelling opportunity for a builder seeking a premier custom build site, an investor planning a strategic renovation and resale, or a buyer ready to create a tailored estate in a location that supports luxury growth.Large parcels in Greenwood Hills are hard to find, particularly in a neighborhood seeing continued luxury redevelopment. Renovate whats here or start fresh with a custom build as the lot size, location, and surrounding home values support either path. There is significant interest in this property. Get it now before its gone.Being sold as-is and priced to sell.Any digital renderings provided are conceptual in nature and for illustrative purposes only. They are not representations of the existing home or guaranteed build outcomes. Buyers are responsible for verifying all redevelopment possibilities, zoning, and building requirements with the City of Greenwood Village. HOA is Voluntary.

Property Features

Basement: Daylight, Finished
Cooling: Evaporative Cooling
Days on Market: 26
Garage: 2 car attached
Heating: Electric, Hot Water
Lot Size: 0.77 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $8,349
Year Built: 1961

Feature Descriptions

Exclusions: Sellers Personal Property
Exterior: Brick, Concrete, Wood Siding
Fencing: Partial
Lot: Corner Lot, Level, Many Trees
Parcel#: 031786487
Parking: Concrete, Exterior Access Door, Oversized
Parking Notes: Concrete, Exterior Access Door, Oversized
Patio/Porch: Covered
Sewer: Public Sewer
Special View Info: Mountain(s)
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
Water: Public

Local Schools

High School: Cherry Creek
Middle School: West
Elementary School: Greenwood
School District: Cherry Creek 5

Listed By / Sold By

Listed By

Agency Name: Kentwood Real Estate Cherry Creek

Shown By

Agent Name: Jason Lyman
Agent Phone: (719) 220-0541
Agency Title: The Cutting Edge, Realtors

Sold By

Agency Name: HomeSmart Realty
Agent Name: Melissa Gallegos

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