5490 S Locust Street Greenwood Village, CO $ 1,499,000
5490 S Locust Street
$ 1,499,000
Recently Listed New Construction
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5490 S Locust Street

Greenwood Village, CO, 80111
$ 1,499,000
Bedrooms5 Baths4.1 Sq 3,749

Monthly Estimate*

$ 9,230

Listed by Kentwood Real Estate Cherry Creek
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Single Family Home for sale in Greenwood Village, CO

for $1,499,000 with 5 bedrooms and 4 full baths, 1 half bath. This 3,749 square foot home was built in 1961 on a lot size of 0.77.

Rare Greenwood Hills Opportunity | 0.77 Acres | Mountain Views | Builder & Investor Potential An 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 that’s 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 what’s 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.

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Single Family Active

Price

$ 1,499,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 8,349

Style

Mid-Century Modern,Traditional

Lot Size

0.77

Year Built

1961

Town/City

Greenwood Village

County/Region

Arapahoe

MLS | Web ID

6424689

Features
General
Sewer Public Sewer
Heating Electric Hot Water
Cooling Evaporative Cooling
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available
Possession Closing/DOD
Roof Composition
Zoning R1.0
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Mid-Century Modern Traditional
Construction Materials Brick Concrete Wood Siding
Exclusions Sellers Personal Property
Year Built 1961
Electric 110V
View Mountain(s)
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Ownership Individual
Assoc Fee Paid Per Annually
County Arapahoe
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Greenwood Hills
Facing Direction West
Full Baths 4
Status Active
High School Cherry Creek
City Greenwood Village
Association Name Greenwood Hills HOA
Entry Location Ground
Senior Community Y/N N
High School District Cherry Creek 5
Lot Size Units Acres
Lot Size Square Feet 33541.2
Carport Spaces 0
Listing Terms Cash Conventional Other
Elementary School Greenwood
Tax Annual Amount 8349
Middle/Junior High School West
Property Condition Fixer New Construction
Structure Type House
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Cherry Creek 5
Elementary School District Cherry Creek 5
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Interior
Basement Daylight Finished
Furnished Y/N Unfurnished
Basement (Y/N) Y
Above Grade Finished Area 2625
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Below Grade Finished Area 1124
Main Level Bedrooms 0
Main Level Bathrooms 1
Total Baths 5
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Exterior
Fencing Partial
Parking Features Concrete Exterior Access Door Oversized
Lot Features Corner Lot Level Many Trees
Water Source Public
Total Parking 2
Lot Size Area 0.77
Foundation Details Concrete Perimeter Slab
Building Area Total 3749
Lot Size Acres 0.77
Horse Y/N N
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Internal Only
Street Number 1 5490
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* Excluded Features
List By
Kentwood Real Estate Cherry Creek

Broker

(619) 300-2390

Phone

Affordability Calculator

$9,925
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$696
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
732494 Elementary School
732603 Middle School
Cherry Creek High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,499,000 Listed Price

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5490 S Locust Street, Greenwood Village, CO, 80111 is a Single Family Home for sale at $1,499,000 with 3,749 sqft and a lot size of 0.77. 5490 S Locust Street has 5 bedrooms, 4.1 baths, and was built in 1961. The property's zip code is 80111 which is in Greenwood Village, CO