2540 S Kipling Street Lakewood, CO $ 1,149,000
2540 S Kipling Street
$ 1,149,000
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2540 S Kipling Street

Lakewood, CO, 80227
$ 1,149,000
Bedrooms4 Baths3.0 Sq 4,594

Monthly Estimate*

$ 7,255

Listed by Denver Property Group
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Single Family Home for sale in Lakewood, CO

for $1,149,000 with 4 bedrooms and 3 full baths. This 4,594 square foot home was built in 1973 on a lot size of 1.

Two Homes, One Loan, One Tenant Already Paying — A Rare Setup for Multigenerational Living or Built-In Rental Income Most buyers in this price range are choosing between a bigger house or a rental property. This listing is 1 deed, 1 loan, and two separate, fully independent homes on a full acre in Lakewood's Carmody Hillcrest neighborhood. The main house is yours to live in. Cottage tenant is $2,300/month + pet rent - month-to-month lease — income that starts the day you close. This is the property for a buyer who wants to bring a parent close, house an adult child without losing privacy, or simply have the mortgage subsidized by a tenant who's already there. The cottage's picket-fenced yard, separate from the main house fenced yard for privacy - two distinct outdoor spaces. A low-maintenance income setup — separate utilities, no shared walls, and well/septic systems = no water utility costs, which matters in Colorado. The Main House Open-concept living built to take advantage of the 200-degree mountain and city views. Chef's kitchen — five-burner gas range, generous storage. Primary suite includes a walk-in closet; the main bath has a deep soaking tub. A central wood stove keeps heating costs down, and owned solar panels (paid in full, transferring to the new owner) do the same. Main-floor laundry. Two walkout patio doors lead to a west-facing deck for sunset views over the foothills. Spacious walk-out basement, living space, 2 non-conforming bedrooms, with its own private entrance — almost like a third living space within the main house. Perfect for a multigenerational buyer or House Hack Investor. The Cottage A genuinely separate 2-bedroom, 1-bath home. A full acre, corner lot, with the main house yard separately fenced from the cottage's picket-fenced yard, plus a fire pit, garden space, and a hot tub. Far enough from the city to feel private, close enough that downtown Denver is under 20 minutes away. Seller holds an inactive Colorado Real Estate License

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Single Family Active

Price

$ 1,149,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 6,475

Style

Bungalow,Cottage,Mid-Century Modern

Lot Size

1

Year Built

1973

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

9483994

Features
Interior
Interior Amenities Ceiling Fan(s) Five Piece Bath
Basement Full Walk-Out Access
Flooring Carpet Wood
Furnished Y/N Unfurnished
Basement (Y/N) Y
Window Features Double Pane Windows
Above Grade Finished Area 2522
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features In Unit
Total Bedrooms 4
Below Grade Finished Area 1778
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 3
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General
Sewer Septic Tank
Heating Active Solar Electric Hot Water Wood Stove
Cooling Central Air
Utilities Electricity Connected
Possession Close Plus 30 Days
Roof Composition
Appliances Cooktop Dishwasher Disposal Dryer Oven Range Refrigerator
Zoning SFR
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch
Architectural Style Bungalow Cottage Mid-Century Modern
Security Features Carbon Monoxide Detector(s) Security Entrance Smoke Detector(s)
Construction Materials Brick
Exclusions Seller and Tenant personal property. Decoration rocks by entrance gate.
Year Built 1973
Electric 220 Volts
View City Mountain(s) Plains Valley
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Current Use Live/Work
Ownership Individual
County Jefferson
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Carmody Hillcrest
Facing Direction North
Full Baths 2
Status Active
Directions Morrison Road to S. Kipling St. North on S. Kipling turn right into the driveway.
High School Bear Creek
City Lakewood
Entry Location Ground
Senior Community Y/N N
High School District Jefferson County R-1
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 43560
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Green Gables
Tax Annual Amount 6475
Middle/Junior High School Carmody
Property Condition Updated/Remodeled
Virtual Tour https://media.jeevesdrones.com/videos/019cfc9c-6d75-709e-9f44-f46472cff49d?v=104
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Jefferson County R-1
Elementary School District Jefferson County R-1
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Exterior
Exterior Amenities Balcony Fire Pit Garden Private Yard Rain Gutters Spa/Hot Tub
Fencing Partial
Lot Features Corner Lot
Water Source Well
Total Parking 4
Lot Size Area 1
Foundation Details Concrete Perimeter
Building Area Total 4594
Lot Size Acres 1
Road Surface Type Gravel
Road Frontage Type Easement Private Road Shared Drive
Road Responsibility Private Maintained Road
Horse Y/N N
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Internal Only
Street Number 1 2540
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* Excluded Features
List By
Denver Property Group

Broker

(303) 551-4572

Phone

Affordability Calculator

$7,794
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,255
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1956275 Elementary School
1955817 Middle School
Bear Creek High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$1,149,000 -2.13% Price Down
6/20/2026$1,174,000 -2.17% Price Down
6/11/2026$1,199,999 -3.61% Price Down
5/28/2026$1,245,000 -1.97% Price Down
5/21/2026$1,270,000 -1.93% Price Down
5/14/2026$1,295,000 -3.72% Price Down
4/17/2026$1,345,000 -3.58% Price Down
4/2/2026$1,395,000 -3.79% Price Down
3/20/2026$1,450,000 Listed Price

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2540 S Kipling Street, Lakewood, CO, 80227 is a Single Family Home for sale at $1,149,000 with 4,594 sqft and a lot size of 1. 2540 S Kipling Street has 4 bedrooms, 3.0 baths, and was built in 1973. The property's zip code is 80227 which is in Lakewood, CO