Assume this home at 2.85% and save thousands annually” Nestled in a quiet enclave of Applewood Estates, this expansive 12,589 sq. ft. (.29 acre) lot offers the ultimate Colorado mountain-town feel—right in the heart of one of the most sought-after neighborhoods in the Wheat Ridge, Golden, Arvada, Denver Metro area. Surrounded by multi-million-dollar estates and new luxury developments, this unique property delivers incredible flexibility for homeowners, investors, and entrepreneurs alike. Whether you’re looking to create your private mountain-style retreat, develop a Triplex, or build a multi-unit investment property, the possibilities here are endless!
There are a few scenarios to consider when purchasing this home. Currently seller lives in the house and has been using the 700 sq ft studio for music and workout studio. It was set up as yoga studio for the previous owners. The studio has its own address. There’s a new electric panel. Could be converted into an ADU. There are three 220 Volts on the garage that will work great for RV and parking. The owner currently rents it to travelers needing a spot.
The house has a gourmet kitchen with gas stove top, double ovens, barstool area, great space for dining, tons of storage, 2 bedrooms and bathrooms on the main floor and a large bedroom and office area/of convert to another bathroom. Central A/C great back patio area, dog run, large shed and remodeled
The city will allow a triplex on the property that can go up to 35ft high. Several townhouse communities in the area are building and selling in the high 700’s They are smaller and only have a 1 car garage. This area could work for larger units and 2 car garages. The lot is 12,589 sq ft and city requires 12,500.
Live/Work, use the studio for your small business, artist studio etc… Close to Lutheran Hospital, several assisted living facilities, great new restaurants, grocery shopping. Easy access to I70 to get up to the mountains for skiing.