Metro Denver Luxury Homes For Sale

Property Description

Welcome to your next big opportunity at 1501 East Panama Drive in beautiful Centennial! This charming brick home sits on an expansive 17,894 square foot lot, offering plenty of space for creativity and growth. With great bones, this property is a fantastic canvas for those with a vision.

Inside, you’ll find a comfortable 1,065 square feet of living space, ready to be transformed into a cozy haven. The home features three spacious bedrooms and one bathroom. An added bonus is the 1,065 square foot unfinished basement, offering even more potential for expansion or customization. Whether you dream of a home gym, extra living space, or a workshop, this basement is ready for your personal touch.

The property is equipped with central air for year-round comfort, and recent updates include a NEW hot water heater and a NEW sewer line, adding to the home’s value and reliability. While the home itself needs some updating and TLC, it’s the perfect fixer-upper investment for those who love a good project or are seeking to create their dream home.

The large lot provides endless possibilities for outdoor enthusiasts. Imagine designing your perfect garden, creating an outdoor entertainment area, or even expanding the current home. Bring your dreams and see the potential in this well-located property. Whether you’re a first-time homebuyer or an investor looking for your next project, 1501 East Panama Drive offers the promise of something special. The bones are fantastic and it’s just waiting for your vision to be applied. Don’t miss this wonderful opportunity to craft a space uniquely your own in a desirable location! This home is being sold ‘AS-IS’.

Features
: Forced Air
: Central Air
: Full, Unfinished
: 2
: Unfurnished
: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Oven
: Concrete
: Architecural Shingle
: Public Sewer
Address Map
CO
Arapahoe
Centennial
80121
Panama
1501
Drive
W105° 1' 46.6''
N39° 36' 6.5''
E
Additional Information
: Brick
Littleton Academy
: Carpet
2
Littleton
Yes
Yes
Cash, Conventional, FHA, VA Loan
Euclid
Compass - Denver
032121432
: None
: House
Broadway Estates 3rd Flg
$3,490
2024
: Electricity Connected
03/13/2025
2130
Active
1
55051971
CCLL2
Littleton 6
Slab
Littleton 6
Littleton 6
03/13/2025
03/13/2025
Public
: One

Broadway Estates 3rd Flg

1501 E Panama Drive, Centennial, CO 80121

3 Bedrooms
1 Total Baths
1,065 Square Feet
$525,000
Listing ID #5842453
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 5842453
Price : $525,000
Bedrooms : 3
Rooms : 7
Total Baths : 1
Full Bathrooms : 1
Square Footage : 1,065 Square Feet
Year Built : 1969
Lot Area : 17,894 Acres
Lot Acres : 0.41
Property Sub Type : Single Family Residence
Status : Active
Co List Agent Full Name : Elizabeth Daniels
Co List Office Name : Compass - Denver
Originating System Name : REcolorado
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