Metro Denver Luxury Homes For Sale

Property Description

Charming Story Book estate on 0.946 acres in Wheat Ridge, once part of the Henry Lee Farm, presents an exceptional development opportunity with immediate income from current tenants (lease through April 2026). This unique property offers unmatched privacy and space for luxury living while providing future flexibility for perhaps a guest house, in-law suite, or additional residences fulfilling your dreams. In addition, this home features radiant heated hardwood flooring, newer roof, newer bath with granite features, newer furnace/hot water heater, Pella windows, heated garage, and an abundance of storage. This prime urban infill property is zoned R-2, allowing for single-family homes, duplexes, and accessory dwelling units (ADUs). It boasts dual street access (32nd/33rd Avenues) with utilities including an active 2nd sewer tap ready to use. Strategically located just 1.9 miles from I-70/I-76, 6 miles from downtown Denver, and 24 miles from DIA, with convenient access to transportation, bike trails, and Crown Hill Park nearby. The property is adjacent to the exciting 100-acre Lutheran Legacy Campus redevelopment project, which includes an approved master plan for parks, trails, and walkable streets that enhance neighborhood amenities. Comparable 1-acre properties have sold for $1.1M to $1.8M since 2022. This rare convergence of established rental income, developable land, 2 street access, great location and R2 zoning offers a unique investment opportunity that transcends typical market transactions. This property maximizes zoning in an area where land commands premium pricing. It’s ideal for those seeking the rare Story Book style house on a big lot, developers seeking significant projects or investors with a knack for identifying emerging opportunities amid Colorado’s continued growth and limited urban land availability, driving strong demand for quality residential developments in established neighborhoods. 24hr notice to schedule showings.

Features
: Hot Water
: Air Conditioning-Room
: Finished, Unfinished
: Living Room, Basement, Electric
: 14
: Unfurnished
: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Oven
: Traditional
: Heated Garage
: Composition
: Public Sewer
Address Map
CO
Jefferson
Wheat Ridge
80033
32nd
8075
Avenue
W106° 54' 46.7''
N39° 45' 45''
W
Additional Information
: Frame, Block, Stucco
South
Stevens
2
: Wood, Vinyl
3
Wheat Ridge
Yes
Yes
Cash, Conventional, Jumbo
: Level, Sprinklers In Front, Landscaped, Many Trees, Sprinklers In Rear
Everitt
Slifer Smith and Frampton Real Estate
021798
: None
: House
NONE
$3,711
2024
R-2
08/25/2025
3955
Active
1
155063629
SSFRE
Jefferson County R-1
Jefferson County R-1
Jefferson County R-1
09/05/2025
08/25/2025
Public
: Three Or More

NONE

8075 W 32nd Avenue, Wheat Ridge, CO 80033

3 Bedrooms
2 Total Baths
3,109 Square Feet
$1,395,000
Listing ID #4240274
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 4240274
Price : $1,395,000
Bedrooms : 3
Rooms : 15
Total Baths : 2
Full Bathrooms : 1
3/4 Bathrooms : 1
Square Footage : 3,109 Square Feet
Year Built : 1953
Lot Area : 0.94 Acres
Lot Acres : 0.94
Property Sub Type : Single Family Residence
Status : Active
Co List Agent Full Name : Adam Jaster
Co List Office Name : Slifer Smith and Frampton Real Estate
Originating System Name : REcolorado
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent